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Top sales: Palos Verdes home with shooting range fetches $7.45 million

Hot Property | Top Sales

At $7.45 million, a Palos Verdes Estates contemporary with a shooting range and infinity-edge pool was among the priciest home sales in the Greater Los Angeles area last week.

(Peter McMenamin)

The onetime home of a Broadway producer, a tennis court estate in Brentwood Park and a Palos Verdes Estates contemporary with a shooting range were among the priciest residential real estate sales in the Greater Los Angeles area in the week that ended Oct. 17.

$10.35 million — Brentwood

In the 200 block of North Bristol Avenue in Brentwood Park, a tennis court estate sold after being listed for sale in June for $11.7 million.

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The gated three-quarter-acre estate centers on a Spanish Colonial-style home built in 1980 with five bedrooms and 5.5 bathrooms in 6,500 square feet.

Entered through a 16-foot foyer, the two-story floor plan has formal living and dining rooms, a kitchen with a wide center island, an office and a study/library. A one-bedroom guest house, a covered patio, a swimming pool and spa and mature landscaping make up the grounds.

Neil McLean of John Aaroe Group had the listing.

$7.5 million — Brentwood

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A Traditional-style home in the 1800 block of Old Orchard Road sold after coming to market in April for $8.5 million. The more than half-acre property, developed in 2012, had previously sold in 2010 for $1 million, public records show.

Set behind a gated drive, the three-story home with ocean and canyon views is highlighted by such amenities as a wood-paneled office, a yoga room and a home theater with tiered seating. Brick barrel-vaulted ceilings top a custom wine cellar and tasting room.

The master suite has a fireplace, his and hers closets and a large dressing room for a total of six bedrooms and 7.25 bathrooms in 8,686 square feet.

Outdoors, landscaped grounds include a covered patio, a separate bathroom and an infinity-edge pool and spa.

Santiago Arana of the Agency represented both ends of the transaction.

$7.5 million — Sherman Oaks

A two-story Mediterranean-style home in Stone Ridge Estates, a guard-gated community bordering Sherman Oaks and Bel-Air, sold after being listed for sale in March for $8.75 million.

Entered through a grand foyer with a floating-style staircase, the home opens to a formal living room with a fireplace and a wet bar. A dining room, a center-island kitchen, a media room and an office, six bedrooms and eight bathrooms are included in the 10,475 square feet of space.

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Rolling lawns, a loggia and a lap swimming pool and spa are within grounds spanning three-quarters of an acre.

Steve Frankel of Coldwell Banker Residential Brokerage was the listing agent. Brian Pane of Wish Sotheby’s International Realty represented the buyer.

$7.45 million — Palos Verdes Estates

A newly built contemporary-style home with an indoor shooting range sold in the 900 block of Via Rincon for $750,000 less than the March list price and up $5.6 million from what the half-acre property previously went for in 2011.

Designed for entertaining, the 5,530-square-foot home features large formal spaces, telescoping walls of glass, nine flat-screen televisions and a master suite with an elaborate wall aquarium.

African mahogany floors, stone accents and beamed ceilings are among the interior details. A 2,500-bottle wine cellar is accessed through reclaimed bank vault doors dating back to 1903.

On the main level of the home, an infinity-edge swimming pool and spa extend toward the coastline. A three-car garage with a workshop is also within the property.

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Claudia Marroquin of Re/Max Estate Properties was the listing agent. Rosanna Libertucci of Shorewood Realtors represented the buyer.

$6.3 million — Pacific Palisades

In the 15000 block of De Pauw Street, a contemporary-style home completed this year sold for $99,000 less than the September list price. The property on a 7,500-square-foot lot previously went for $1.6 million in 2013, property records show.

The two-story home has 5,983 square feet of space with six bedrooms and six bathrooms. A 1,100-square-foot garage can accommodate six cars.

Among features is a temperature-controlled wine cellar, a chef’s kitchen with custom see-through cabinets and shelving, and an ocean-view master suite with a rainforest-style shower. On the main floor, a two-sided fireplace is shared by open-plan living and dining areas.

Glass bifold doors open to a wide deck lined in porcelain tile and a swimming pool and spa. A rooftop deck takes in 360-degree ocean, mountain and canyon views.

Anthony Marguleas of Amalfi Estates and Brad Keyes of HK Brokerage were the co-listing agents. Alexandra Pfeifer of Berkshire Hathaway HomeServices California Properties represented the buyer.

$5.5 million — Beverly Hills

Myspace cocreator Chris DeWolfe, who now heads the Los Angeles-based online Social Gaming Network, bought a 1950s Traditional-style home in the 9500 block of Heather Road for $500,000 less than the asking price. The seller was “Million Dollar Listing” star and Rodeo Realty agent Josh Flagg.

Flagg bought the house, once home to late television and Broadway producer Michael Filerman, in April for about $4.4 million before commissions and closing costs. He had planned a down-to-the-studs renovation and expansion of the 4,748-square-foot residence.

Marked by a wide motor court, the brick-lined home on more than an acre has a swimming pool and spa. Formal living and dining rooms, a family room, four bedrooms and five bathrooms are among the interior spaces.

Flagg handled both sides of the transaction, according to the Multiple Listing Service.

These are among the top residential real estate sales reported on the combined L.A./Westside Multiple Listing Service for the period beginning Oct. 11 and ending Oct. 17.

Twitter: @NJLeitereg


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