
MID-YEAR REPORT
I. Introduction 5
Significant Sales 7

REPORT MIDYEAR
III. Forbes Global Properties 45
On the Market 57
Credits 83


A letter from our founders
I. Introduction 5
Significant Sales 7
III. Forbes Global Properties 45
On the Market 57
Credits 83
A letter from our founders
Carolwood Estates welcomes you as we launch our 2025 Midyear Report shedding light on our incredible performance year to date.
Carolwood was involved in 4 of the 5 highest brokered sales in Los Angeles as of mid-2025, handling 80% of all brokered transactions with a sales price above $50 million
Topping the list was a $110 million purchase in Bel Air by Australian billionaire James Packer. Carolwood CEO Drew Fenton represented Packer on the buy-side, while the seller was represented by Stephen Resnick and Jonathan Nash of Resnick & Nash, alongside David Parnes and James Harris of Bond Street Partners. The trade marked the highest sale in Los Angeles at the year’s midpoint.
Carolwood represented three of the four highest residential sales in Beverly Hills, four of the five highest residential sales in Trousdale, and the four highest sales in the Los Feliz / Silver Lake area as of mid-2025. Our agents also achieved the highest sales in Holmby Hills Brentwood Park , the Hollywood Hills Mount Olympus, and Hancock Park
In February, thirteen of our agents and teams were featured in the Los Angeles Business Journal’s The List, ranking the top 100 residential agents and teams in Los Angeles.
In June, twenty-one of our agents and teams were ranked among the top 1,000 in the nation by RealTrends in partnership with the Wall Street Journal James Harris and David Parnes of Bond Street Partners took the top spot as the #1 medium team by volume in the nation while Drew Fenton ranked #1 in L.A. County for individuals by volume. Fenton, Parnes, and Harris were joined by Linda May and Cooper Mount in Variety’s Showbiz Elite feature in May.
Carolwood grew our roster as we welcomed Mick Partridge, Shana & Emila Tavangarian, Yoori Park, Anita & Levik Stephan, and Brody Davis to the fold among others.
This unrivaled pool of diverse talent has helped Carolwood to achieve a dominant 23% market share of the $20 million+ residential market and a leading 24% market share of the $10 million+ market in the prime neighborhoods of Los Angeles with a sales volume of nearly $3 billion as of June.
The figure almost matches that of Carolwood’s entire annual performance of $3.2 billion in 2024. Since our inception in November 2022, Carolwood has closed ~ $7.8 billion in sales.
Carolwood’s associates conducted 60 transactions priced $10 million and above in 2025 so far with nearly a third (32%) of those deals being conducted in-house with fellow associates at our brokerage. Not exclusive to just luxury, our firm closed $447 million worth of properties priced $4 million and below as of mid-2025, a 38% increase compared to the same period last year.
Carolwood maintains an estimated $3.4 billion in current inventory, $1 billion of which is held off-market. Carolwood announced our inhouse pocket listing app available for our agents in May.
We continued to bring iconic properties to the market in 2025 including a $177 million trophy property by developer Ardie Tavangarian, the $25 million Parry Residence c.1929 re-imagined by Mark Rios Estee Stanley and Clements Design, and Lizzo’s stunning $14 million Trousdale mid-century-style estate.
Finally, Carolwood became the new exclusive Los Angeles affiliate of Forbes Global Properties in March. The exclusive worldwide residential real estate partner of Forbes, Forbes Global Properties provides exclusive editorial and advertising opportunities to the world’s premier real estate firms and is now represented by 19,000 agents across 26 countries in over 600 locations. Carolwood will benefit from Forbes’ engaged audience of over 109 million to connect, inspire, and inform affluent potential home-buyers and sellers about the finest properties for sale globally.
Our roster consists of 200 licensed agents headquartered in Beverly Hills representing both residential and commercial.
$3B
Carolwood Estates took in an estimated $3 Billion total sales volume within the first half of 2025.
$7.8B
Carolwood Estates took in an impressive $7.8 Billion in total sales volume since our inception.
Carolwood was involved in 4 of the 5 highest brokered sales in Los Angeles as of mid-2025. out of
Carolwood was involved in 80% of all brokered transactions above $50 Million as of mid-2025.
We currently hold the highest sales of the year in Los Angeles Bel Air Holmby Hills Beverly Hills Brentwood Park the Hollywood Hills Los Feliz Silver Lake Mount Olympus , and Hancock Park
32% of our deals priced $10 Million and above by mid-2025 were conducted in-house between agents at Carolwood
Our agents closed 60 transactions priced $10 Million and above as of mid-2025.
SOLD | NIMES ROAD
$110,000,000
HIGHEST SALE IN LOS ANGELES OF MID -2025
Carolwood Represented the Buyer | Carolwood Represented the Seller
SOLD | 391 N CAROLWOOD DR
$86,000,000
HIGHEST SALE IN HOLMBY HILLS OF MID-2025
Carolwood Represented the Buyer
$42,000,000 SOLD | N ROCKINGHAM AVE
HIGHEST SALE IN THE HISTORY OF
PARK
Carolwood Represented the Buyer | Carolwood Represented the Seller
It’s a done deal. Former Crown Resorts chair James Packer’s $110 million purchase of a BelAir estate on Nimes Road has officially closed, making it Los Angeles County’s priciest deal so far this year by a big margin.
Packer’s decision to buy the home was reported earlier this year after the billionaire businessman from Australia told a local media outlet about moving into the 10-bedroom, 15-bathroom estate by mid-year.
When he does, Packer will move into a property that was built nearly anew in what was a fiveand-a-half-year construction project.
Carolwood Estates co-founder and CEO Drew Fenton represented Packer in the deal.
Meanwhile Carolwood Estates’ Stephen Resnick , Jonathan Nash, David Parnes and James Harris represented the seller.
With the deal’s official closure comes the question of whether there’s more appetite for deals of the over $100 million variety for Los Angeles County this year.
There are currently nine properties in the county on the market listed for over $100 million. At the top of that list is 607 Siena Way for $177 million. The eight-bed, 25-bath mansion was built by spec developer Ardie Tavangarian and is currently being marketed by Carolwood Estates’ Shana and Emila Tavangarian
Despite concerns about which way the market is turning when factoring in macroeconomic factors, at least one industry watcher was upbeat on what Packer’s closing of Nimes Road signifies, offering that “the Los Angeles highend market is strong.”
Nimes Road bests 391 North Carolwood Drive, which previously held the title of priciest deal this year when it sold for $86 million off market. The next priciest trades this year both closed in April and included 1028 Ridgedale Drive in Beverly Hills for $60 million, which had Packer as the seller, and 942 North Alpine Drive in Beverly Hills for $51.8 million.
Notably, agents from Carolwood Estates were involved in all four of those transactions.
Holmby Hills Estate that Includes Rod Stewart’s Former Mansion Sells for $86 Million
The nearly six-acre property has been divided into two sections and sold separately
for a tremendous total of $86 million.
in 1992 for $6.25 million.
The nearly six-acre property has been divided into two sections and sold separately, according to The Wall Street Journal . The larger parcel, which is nearly four acres and includes the main house, was sold for $57 million.
The buyer was David Zander, a television, commercial, and film producer. This is not his first time buying a historic property; previously, Zander purchased, renovated, and sold the Hamptons estate where Jacqueline Kennedy Onassis spent summers as a child, known as Lasata Drew Fenton, CEO and co-founder of Carolwood Estates, represented the buyer.
The other parcel, which features a circa-1911 cabin, sold for approximately $29 million. The buyer was Nick Kaiser, co-founder of private equity firm Marlin Equity Partners
This estate includes one of the first structures built in the Los Angeles neighborhood of Holmby Hills. According to the book The Legendary Estates of Beverly Hills by late real estate titan Jeff Hyland, Rod Stewart’s former Spanish Colonial Revival home was designed by architect George Washington Smith in 1925. This architectural style was highly coveted in Southern California at the time.
Stewart purchased the 17,000-square-foot main house in the 1970s and added Art Nouveau-style elements, such as a disco room. Since then, the Bells have removed such designs and restored as many of the original elements as possible; this includes removing marble floors so that the original tiled floor could take center stage, and uncovering the original coffered ceilings.
$69,950,000
Represented
$62,000,000
Represented
$32,500,000
Represented
$27,950,000
Represented
$24,500,000
Represented
$16,500,000
Represented
$8,995,000
Represented
The record trade follows the former Crown Resorts chair’s $110M Bel-Air purchase
A Beverly Hills home once rented by Jennifer Lopez and Ben Affleck has sold for $60 million.
The purchase price on Ridgedale Drive marks the year’s priciest deal in Beverly Hills.
The estate’s former occupants include several heavy hitters. Aside from its recent high-profile tenants in Lopez and Affleck Danny DeVito and Rhea Perlman called the address home for two decades before selling it in 2015 for $26.6 million. The most recent owner was billionaire James Packer, the former chair of entertainment company Crown Resorts and son of late Australian media mogul Kerry Packer
Carolwood Estates’ Drew Fenton represented Packer in the deal.
An online listing for the home says the 1930-built traditional-style home has 12 bedrooms and 18 bathrooms. Other highlights include a gym, office, pool house and guest quarters.
The Ridgedale Drive sale is the latest major transaction by Packer, who has had a busy year so far in Los Angeles real estate.
In March, the businessman revealed to an Australian media outlet his $110 million purchase on Nimes Road in Bel-Air. The estate, known as “Le Belvedere,” underwent extensive construction over the past five and a half years to practically rebuild the home from the ground up.
Packer told the news outlet he intended to move into the 10-bed, 15bath home mid-year.
Fenton also represented Packer in the Nimes Road deal, while Carolwood teams Resnick & Nash and Bond Street Partners represented the seller.
A Beverly Hills home, dubbed Villa Oliva, has sold for $51.75 million in the city’s second most expensive deal since 2020.
Investor Stephen Paul, a steel-fortune heir whose family is a limited partner in the Pittsburgh Steelers football team, and his wife, Nancy Paul listed the house for $62 million in October 2024. Stephen, a descendant of the family that founded the Ampco-Pittsburgh steel company, is a managing principal of Laurel Crown Partners, a Los Angeles-based private-equity firm.
The identity of the buyer couldn’t be determined.
After buying the property for $8.55 million in 2006, the Pauls razed an older house on the site and tapped the late architect Howard Backen to design a new residence.
Backen, who died in 2024, is known for designing Napa Valley wineries and homes for high-profile clients including Jeffrey Katzenberg, who sold his Backen-designed house for $125 million in 2020.
The sale is coming amid an uptick in the luxury market. In 2024’s fourth quarter, the number of single-family home sales in Beverly Hills jumped 70.4% from the same period of the prior year, according to real-estate appraisal firm Miller Samuel. The median single-family home sale price rose 21.1% year over year during the same period.
Linda May of Carolwood Estates held the listing.
Owned by the same family since 1959, the property features its own in-house dry cleaning system
Sold for the first time since its creation in 1959, this exceptionally rare estate in Trousdale Estates was a true generational offering. Set on over an acre in one of the most coveted enclaves of Beverly Hills, the property was originally built by the sellers.
A grand circular entryway, bathed in natural light from a soaring skylight and adorned with a dazzling crystal chandelier, transports you to the golden age of mid-century elegance. The moment you step inside, time slows, and the home's original glamour unfolds a masterpiece of an era where design was bold, details were deliberate, and every arrival felt like an occasion.
The front living room offers a warm and inviting ambiance, complete with a fireplace and sliding doors that open onto an expansive outdoor patio deck. Beyond, the entry unfolds into a magnificent entertaining space centered around a circular sunken bar, positioned beneath a breathtaking oversized crystal chandelier.
The expansive formal living room features multiple sitting areas, seamlessly blending indoor and outdoor living through floor-toceiling glass doors. The formal dining room is illuminated by an exquisite crystal chandelier, with floor-to-ceiling windows framing serene views of a lush flower garden and a striking gallery-style waterfall fountain installation.
Elevating convenience and sophistication, the primary suite boasts a truly one-of-a-kind, two-story in-house dry cleaning system with an automated rotating rack, a dedicated lift, extensive shoe storage, and an expansive walk-in closet designed for the ultimate wardrobe showcase.
The private front yard, enveloped by lush greenery, provides a sense of seclusion and tranquility, with subtle peek-a-boo views of Century City and the shimmering city skyline beyond.
Chase Koplow, James Harris and David Parnes of Bond Street Partners at Carolwood Estates held the listing.
2025
Highest Sale in Los Angeles + Bel Air
630 NIMES RD, BEL AIR
$110,000,000
Represented the Buyer + Seller
Highest Sale in Beverly Hills
1028 RIDGEDALE DR, BEVERLY HILLS
$69,950,000
Represented the Seller
Highest Sale in History of Brentwood Park
OFF-MARKET ROCKINGHAM ESTATE
$42,000,000
Represented the Buyer + Seller
755 SARBONNE RD, BEL AIR
$32,995,000
Represented the Seller
218 STRADA CORTA RD, BEL AIR
$31,500,000
Represented the Seller
Highest Sale in Los Feliz
4533 COCKERHAM DR, LOS FELIZ
$24,995,000
Represented the Seller
1174 N HILLCREST RD, BEVERLY HILLS
$24,500,000
Represented the Seller
702 N SIERRA DR, BEVERLY HILLS
$22,950,000
Represented the Seller
Highest Sale in Holmby Hills
391 N CAROLWOOD DR, HOLMBY HILLS
$86,000,000
Represented the Buyer
Second Highest Sale in Beverly Hills
942 N ALPINE DR, BEVERLY HILLS
$62,000,000
Represented the Seller
750 LAUSANNE RD, BEL AIR
$34,500,000
Represented the Seller
620 N BEVERLY DR, BEVERLY HILLS
$32,500,000
Represented the Seller
545 CHALETTE DR, TROUSDALE
$25,950,000
Represented the Seller
1701 WESTRIDGE RD, BRENTWOOD
$24,900,000
Represented the Buyer
227 N TIGERTAIL RD, BRENTWOOD
$22,995,000
Represented the Buyer
1054 ANGELO DR, BEVERLY HILLS P.O.
$22,500,000
Represented the Seller
The $31.5 Million Bel-Air Home of Architect
Blends the Modern and Historic
In Los Angeles, a $31.5 million home with a rare combination of historic and contemporary architectural pedigree has sold.
The circa-1949 house in Bel-Air was originally designed, and later owned, by architect John Elgin Woolf, known for his Hollywood Regency-style. More recently, it was renovated and restored by the architect and landscape guru Mark Rios and his husband, reproductive endocrinologist Dr. Guy Ringler. Rios, one of the architects behind the renovation of the Hollywood Bowl in Los Angeles, has designed homes for entertainment heavyweights like Clive Davis and television producer Darren Star.
Rios and Ringler paid $12 million for the roughly 8,400-square-foot, five-bedroom property in 2021 and embarked on an 18-month renovation. They moved into the house in 2023.
“We wanted to make it contemporary, but still not change the spirit and iconic quality of the architecture,” Rios said. “I kept on thinking, ‘If Jack Woolf were alive today, what would he do?’ And then also, ‘What would Mark Rios do?’”
When they purchased the property, Rios said, the home had fallen into disrepair. The layout was a relic of decades past, with servants’ quarters and separate primary-bedroom suites. A prior owner had installed an elevator from the kitchen to her dressing room to facilitate mid-party wardrobe changes.
The couple revamped the layout, converting a library into a media room with bright red walls. The new centerpiece of the home is a lounge with a fireplace and bar.
Outside, the couple aimed to make the pool area a more social setting for entertaining. They turned a pool pavilion into a Moroccan-style sitting area, which they jokingly refer to it as “the drug room” because of the psychedelic colors, Rios said.
For a recent dinner party, the couple re-created the menu from a New Year’s Eve party thrown at the house in the 1960s, serving beef wellington and “some kind of seafood mousse,” Rios said. They even hired a musician to impersonate the 1960s trumpeter and pianist Herb Alpert.
Linda May of Carolwood Estates held the listing.
Gwyneth Paltrow’s longtime home in Los Angeles’ Brentwood area has sold for $22 million.
The home came on the market for $29.99 million in May 2024. The price was lowered to $24.9 million in October. Paltrow and her ex-husband, Chris Martin, bought the house for $9.95 million in 2012, property records show.
The buyer is unknown.
The property is located in the Mandeville Canyon area of Brentwood, which is known for its sprawling lots, tall hedges and old-growth trees.
Paltrow, who married writer-producer Brad Falchuk in 2018, was looking to sell the property because her children were getting older and she recently finished building a new home in Montecito The Wall Street Journal learned last year.
Built in the 1950s, Paltrow’s single-story house was gut renovated around 2009. It spans about 8,000 square feet with six bedrooms and includes a large kitchen with a wood-burning oven. There is also a one-bedroom guesthouse with a wine cellar, office, gym, game room and movie theater.
Paltrow, an Academy Award-winning actress, is known for roles in films like “Shakespeare in Love” and “The Talented Mr. Ripley.” She founded the lifestyle company Goop in 2008.
Richard Ehrlich, an agent at Carolwood Estates represented the buyer.
A home in Beverly Hills, has sold for around $20.2 million, less than six weeks after listing for $22.5 million.
“Arrested Development” and “ 30 Rock ” actor Will Arnett paid $16.4 million for the property in 2021, property records show. Arnett, who also co-hosts the “ SmartLess” podcast, listed the house in January. He didn’t respond to a request for comment.
The purchaser is entrepreneur Courtney Reum, who said he will live in the house with his girlfriend, influencer and entrepreneur Maggie Sellers. Reum, who recently played a season of professional soccer in Portugal, co-founded the venture-capital firm M13 with his brother, Carter Reum, the husband of Paris Hilton
Reum and Sellers were living separately—he in West Hollywood and she in Beverly Hills—and wanted a house to share. After seeing Arnett’s house, Reum said, the couple visited a medium, or a person who is said to communicate with spirits. She told them: “‘I see you guys getting married under the olive trees at the house,’” Reum said. “Not that that’s what guided me, but some things are too weird to make up.”
He and Sellers plan to tie the knot at the home on Aug. 28—a wedding anniversary shared by both of their parents. Reum said the fact that Arnett owned the house wasn’t a factor, although they later realized they share many mutual friends. Instead, he said key selling points were the design and location, which is within five minutes of his mother and siblings.
Arnett received multiple offers, said listing agent Richard Ehrlich of Carolwood Estates There is more demand than inventory in Beverly Hills and the Beverly Hills Post Office section of Los Angeles, he said, and well-priced properties are selling quickly. The median single-family home sale price in Beverly Hills was $8.475 million in the fourth quarter, up 21.1% year over year, according to appraisal firm Miller Samuel. The number of sales jumped 70.4% during that period.
Built by the celebrated designer in the late 1980s, the sleekly made-over residence is hidden down a long drive on a 4.4-acre knoll
Around four decades ago, long after he had graduated from the USC School of Architecture in the 1960s and embarked upon a second career as a furniture designer for the family business—his famed woven wicker Lotus Chair is on permanent display at the Los Angeles County Museum of Art—Miller Fong created this home in the hilly Silver Lake neighborhood on the Eastside of L.A., framing stunning views of the Silver Lake Reservoir and San Gabriel Mountains beyond from its lofty perch.
Last sold in 2020 for nearly $5 million and just recently sold after just two weeks on the market, the post-modern gem closed for $10 million with Marci Kays and Jonathan Mogharrabi of Carolwood Estates. Making it the highest sale in the history of the area.
Originally constructed in the late 1980s, the property was recently given a makeover by a team that included Johnston Marklee Project Room, and Terremoto. The result? A main home and detached guesthouse offering a combined total of five bedrooms and a matching number of baths in roughly 5,150 square feet of living space. Spanning more than four acres, the resort-like grounds atop a promontory come with a full-sized tennis court, a pool and spa, a kitchen and bar setup, and a private hiking loop.
Secluded down a lengthy gated driveway at the end of a cul-de-sac, the white stucco and terracotta-roof primary dwelling is highlighted by a living room featuring a fireplace flanked by built-in shelving and a massive picture window offering sweeping water vistas. The wet bar-equipped dining room spills out to a garden courtyard, while a skylight-topped kitchen has a central eat-in island and a breakfast nook opening to the outdoors.
Other standouts include a mustard-hued library and a media room with a mounted projector and built-in seating, plus a primary suite sporting a fireplace, dual walk-in closets, and a luxe bath spotlighted by a soaking tub and a terrazzo-tiled rainfall shower. Three more bedrooms, a bath, laundry facilities, and an attached two-car garage flanked by a circular motor court can be found on the lower level, with the two-story guesthouse holding its own bedroom, penny-tiled bath, living area, and spiral staircase leading up to a loft.
“We are thrilled to welcome Carolwood Estates to our network of best-in-class real estate partners.”
Michael Jalbert, CEO of Forbes Global Properties
Forbes Global Properties, an international network of selected real estate brokerages that connects buyers and sellers to the world’s most exceptional properties, is proud to welcome Carolwood Estates to its prestigious ranks. Carolwood Estates was recently ranked the #1 boutique residential brokerage in Los Angeles, where it will exclusively represent the brand.
Founded in 2022, Carolwood Estates quickly rose to prominence in Los Angeles’ residential real estate market, earning a reputation for unmatched service, discretion, and market expertise. The firm’s team of over 180 elite associates represents a portfolio of some of the most sought-after properties in the area, ranging from sprawling estates to contemporary masterpieces. Carolwood Estates’ commitment to offering a personalized approach to every transaction has earned them a loyal client base and translated into a commanding 23% market share of the $20 million-plus residential market and a 24% share of the $10 million-plus sector in 2025.
“We are thrilled to welcome Carolwood Estates to our network of bestin-class real estate partners,” said Michael Jalbert CEO of Forbes Global Properties. “Their exceptional track record, commitment to excellence, and dedication to serving the unique needs of their clients make them a perfect fit for our global platform.”
“At Carolwood Estates, we believe that exceptional service, innovative marketing, and deep market knowledge are the cornerstones of our success,” said Drew Fenton CEO of Carolwood Estates. “Partnering with Forbes Global Properties enhances our ability to present our exclusive listings to an international audience, offering even more opportunities to our clients.”
The exclusive worldwide residential real estate partner of Forbes Forbes Global Properties provides branding and marketing services to the world’s premier real estate firms and is now represented by real estate agents across 26 countries in more than 600 locations. As members of this exclusive network, Carolwood Estates will benefit from Forbes’ engaged audience of more than 109 million to connect, inspire, and inform affluent potential home-buyers and sellers about the finest properties for sale globally.
Homes are presented across Forbes and Forbes Global Properties print, digital, and social media channels and paired with expert commentary, timely market data, and top-tier editorials. Carolwood Estates’ prime residential listings will also be showcased on forbesglobalproperties.com – a curated collection of high-value, quality home listings.
“Partnering with Forbes Global Properties enhances our ability to present our exclusive listings to an international audience, offering even more opportunities to our clients.”
Drew Fenton, Co-Founder and CEO of Carolwood Estates
Forbes Global Properties offers us an unparalleled suite of marketing services via Forbes, the platform that helps business leaders, brands and audiences throughout the world innovate for a greater future.
The Forbes brand is one of the most recognizable in the world, out-performing top media outlets and international firms alike in search popularity.
Carolwood exclusive editorial features with Forbes, the world’s most trusted business news brand. Secured with Forbes Global Properties.
INSIDE THE $25 MILLION BRENTWOOD MANSION OF FORMER TURNER CEO, JOHN MARTIN
BEVERLY HILLS ESTATE OWNED BY A STRING OF INDUSTRY TITANS HITS THE MARKET AT $17 MILLION IN OUTPOST ESTATES, THIS ROCKSTAR’S $14M HOME STRIKES A KILLER CHORD
INSIDE A $20 MILLION BEL-AIR HOME THAT SPEAKS QUIET LUXURY AT VOLUME
A masterfully re-imagined Bel-Air estate of subtle design choices and precision craftsmanship stands out in its understatement. “I’m a big believer in details that are felt before they’re seen,” says developer Hemal Patel APRIL 2025
INSIDE ADAM LAMBERT’S REVAMPED $7.4 MILLION HOLLYWOOD HILLS HIDEAWAY
Purchased in 2018 by the Grammynominated pop-rock showman, a oncemuted blank canvas of a spec house has been amplified into a stylish sanctuary high above the lights of Los Angeles.
SCENES FROM A CINEMATOGRAPHER’S $7 MILLION HILLTOP HOME
Perched on a serpentine road above Beverly Hills, this home captures moments of cinematic grandeur with auteur precision. Its owner, cinematographer-turned-director Mikael Salomon knows how one frame can carry an entire plot.
Palm Beach headlines often drown out quieter barrier islands, yet a brand-new estate on Jupiter Island proves wealth is still migrating north along A1A, slipping into the ledger at $24.3 million – more than double the town’s already-lofty $9.35 million average. The 8,500-square-foot residence offers seven en suite bedrooms, whole-house automation and that coveted new-paint finish buyers now pay to preserve. Since the pandemic, buyers with no appetite for drywall dust have paid premiums for turnkey stock. But the real premium is place: 150 feet of direct Atlantic frontage.
Prices here now hover near eight figures as a matter of course, inviting a question: will Florida’s billionaire belt keep inching north? If momentum holds, sleepier dunes like Vero Beach may soon bristle with cranes and construction crews.
Credit for the curated coastal sale goes to Illustrated Properties’ Jeanne deSanctis and Stephanie Meeker $17.6M $25M
COLORADO PENTHOUSE SALE
LIFTS VAIL’S AVERAGE TO NEW HEIGHTS
A $17.6 million transfer brokered by Rachel Viele of Slifer Smith & Frampton Real Estate atop the Arrabelle at Vail Square quietly lifted Colorado’s Eagle County mean sale price to $3.61 million – 15% higher than a year ago. The 4,000-square-foot penthouse blankets the entire seventh floor, trading skyscraper bravado for slope-level intimacy. Glass-walled living areas frame Game Creek Bowl while a roof-deck pool sends steam into evening alpenglow.
Vail has always been a second-home market, and the unit’s service roster reads accordingly, like a vacation checklist: overnight ski tuning, fridge-stocking, 24-hour concierge. The result is a pleasingly hybrid offer: hotel-style service wrapped in single-ownership privacy – a proven formula for Colorado’s ski towns.
The forthcoming Frontgate Avon aims to amplify this formula, dangling Vail’s largest hot tub (room for 35), an aquatics center, golf simulators, a state-of-the-art gym and a residents-only shuttle to the lifts.
$77M
FINAL TWO BULGARI LIGHTHOUSE PENTHOUSES FETCH SKY HIGH PRICE
What price does scarcity command? At Dubai’s forthcoming Bulgari Lighthouse – still two years from completion – the answer is 282 million AED (roughly $77 million) for the final pair of sky-level residences. A five-bedroom, 11,657-square-foot aerie wrapped in glass and teak set the higher watermark at 146.6 million AED, its sibling following closely behind at 136.25 million AED.
“Scarcity drives value. With fewer than 40 residences in the tower, and amenities that rival a private resort, Lighthouse is arguably the most coveted address in Dubai,” notes Kianoush Darban, who, alongside Driven | Forbes Global Properties colleague Lina Allaoa, brokered both deals.
The sales underscore Dubai’s unabated momentum at the ultra-prime tip of the market. April posted an all-time monthly record of 62.4 billion AED in overall transactions – up 95 percent year-on-year – and analysts expect headline numbers to climb further through 2025 as genuine trophy inventory remains in short supply.
$30M
KEAWAKAPU BEACH AUCTION SALE ACCELERATES MAUI’S TOP-END TEMPO
For 11 brisk days, Maui’s signature calm ceded to gavel chatter. Casa en Maui – a study in volume, shadow and saturated color by the late Ricardo Legorreta, finished under his son Víctor – sold for $28.56 million, the island’s priciest deal of 2025, and lightning-fast by local-market standards.
The Keawakapu Beach compound had logged barely two months on the market, a sprint compared with 2024’s 339-day luxury average. Spread across just under an acre, the residence layers eight en suite bedrooms around doubleheight salons whose glass walls dissolve into lanais, courtyards and a 75-foot lap pool that reads like a cobalt brushstroke.
Concierge Auctions ran the sale along with listing agents Matt Beall and Josh Jerman of Hawai‘i Life, fielding 15 qualified registered bidders – a deep bench for Maui’s ultra-prime bracket. Market watchers now eye nearby Makena, wondering whether this hammer price will reset shoreline expectations.
In a city with grand estates abound, Villa Siena emerges as a singular vision: an unprecedented fusion of architecture, nature, and technology from the mind of acclaimed designer and developer Ardie Tavangarian of Arya Group.
Tucked behind gates on one of Bel Air’s most prestigious streets, 607 Siena Way spans an astonishing 35,000 square feet of interior space, plus an additional 12,000-square-foot rooftop sanctuary.
Crafted entirely of natural materials like handselected teak and honed stone, the estate’s sculptural form is both rooted in nature and reaching toward the future. Inside, elemental themes of fire and water anchor a design that is immersive, kinetic, and sensorial. A four-story, suspended, bronze-finished staircase spirals downward in a show of architectural wizardry, floating above a serene reflecting pool at its base. Thirty-foot pivoting glass doors dissolve the boundary between interior and exterior, creating an atmosphere that’s as much open-air sanctuary as it is ultra-luxury residence.
Among the estate’s many marvels is a primary suite which features a retractable roof that opens to the stars, offering a private observatory from the comfort of one’s bed. The wellness offerings rival world-class resorts: a spa with a multi-sensory “water journey,” red-light therapy chamber, hot and cold plunges, and ceilings draped in lush greenery. LED screens enhance the illusion of a rain forest retreat.
Outdoors, a standalone sauna pod with a full glass wall captures cinematic views of the adjacent golf course, while the expansive rooftop boasts a bar, lounge areas, fire features, and a horizon-line pool that blurs into the sky.
Villa Siena doesn’t simply entertain—it performs. A state-of-the-art screening room, a professional bar, and a dazzling “auto gallery” double as a Jazz Club, designed to house six cars in symphonic elegance. Even the wine room tells a story, accessed through a set of 200-year-old antique doors that nod to heritage amidst modernity.
The home is listed for $177 million with Shana and Emila Tavangarian of Carolwood Estates
Financier Robert Beyer has adjusted the asking price of his lavish, custom built 3.5-acre estate on LA’s prestigious westside.
Financier Robert Beyer, a minority owner of the Milwaukee Brewers, has adjusted the asking price of his Los Angeles estate by $10 million, and is now asking $54.9 million.
The 3.5 acre home was built for Beyer and his wife, Catherine, who bought the Brentwood property for the land in 2005, the same year he purchased his stake in the MLB team. They then demolished the existing 1940s ranch house and hired architect Bob Ray Offenhauser to design a Mediterranean-inspired villa in its stead, according to The Wall Street Journal
The result was a mansion spanning close to 20,000 square feet, made with imported Mallorcan stone and surrounded by olive and sequoia trees, rose gardens and green meadows. The interiors include a double-height dining room and library, a catering kitchen and a 1,200-bottle wine cellar, according to the listing.
There are eight bedrooms altogether, including a primary suite and four main bedrooms—one for each of their children—plus a guest suite, a guest room and a staff room. There is also a separate entrance for staff access.
The landscaped grounds were designed by Todd Bennit, and feature pocket gardens, a formal rose garden and pathways lined by olive trees. There is also an infinity-edge pool, a pool cabana and poolside pavilion that extends indoors, plus a tennis court and an additional sports court.
Since their children were young at the time, the Beyers also built a tree house attached to four sequoia trees, with a swinging bridge and a fire pole, per the Journal. The home also has a specialized storage room for chinaware, silver and glassware, and a gift-wrapping room.
Drew Fenton and the sellers’ son Andrew Beyer, both of Carolwood Estates, hold the listing. Fenton co-founded the boutique firm in Nov 2022. The agents were not immediately available for comment.
Robert Beyer is an investor and financier who founded Chaparal Investments in 1991, which was acquired by asset management firm TCW Group, where he spent four years as CEO managing assets in excess of $150 billion.
Still standing tall after the January wildfires, the story of the Parry Residence is one of resilience.
It all started in 1910 in the factories of Indiana. The Parry Manufacturing Company was a leader in early American auto production. When the Great Depression hit, everything changed. The Parrys sold the family business to General Motors–Chevrolet for $900,000 and headed out west.
By 1929, Abram M. Parry and his wife, Agnes, had landed in Los Angeles. They chose to settle down in the Huntington Palisades, a bold new coastal development where they commissioned architects George Elmore Gable and Stanley Wyant to design their property. It would be only the second house built in the neighborhood.
Nearly 100 years later, it is still standing. Preserved and renovated for a new century.
Set on a rare double lot totaling just over half an acre, the Parry Residence is the true definition of a landmark. Recognized in Architectural Digest in 1932, the Monterey Revival estate blends classic California character with contemporary refinement.
At the corner of the property stands a towering Deodar cedar—70 feet tall, 90-plus years old, planted the year the house was built. Landscape architect Mark Rios wove the garden around it resulting in a layered outdoor retreat that feels organic rather than ornamental.
Inside, original arched passageways, intricate pocket doors, carved wood detailing and handpainted ceilings nod to the home’s artisanal roots. Interiors by designer Estee Stanley and AD100 LA-based studio Clements Design bridge eras with equal parts rustic minimalism and heirloom craftsmanship.
The living room, anchored by a dramatically veined marble fireplace and a custom William Waterhouse light fixture, sets the tone. In the dining room, hand-applied chinoiserie walls hint at candlelit dinners and whispered conversations. The kitchen is both functional and atmospheric, with custom oak cabinetry, honed stone counter tops and a built-in banquette tailor-made for slow mornings and strong coffee.
Upstairs, the primary suite captures views from the South Bay to Malibu. Then there’s a sitting room, Juliet balcony and a marble-clad bath with a freestanding tub and dual vanities. The walkin wardrobe boasts custom mill work, integrated lighting and generosity of scale.
Outside, there’s a swimming pool and jacuzzi, multiple dining and lounge areas, plus a chef’s garden flush with fig and citrus trees. A private path leads to a separate 1,000-sf wellness pavilion, complete with a built-in sauna, gym, entertaining space and two full baths.
The adjacent ocean-facing lot—also for sale by the same sellers—offers a rare chance to protect panoramic Pacific views in perpetuity. Listing agent Peter Zimble of Carolwood Estates said the next owner could turn the existing home into a guest home or build a tennis court in its place.
Zimble holds the listing with Nick Segal and Shaun Alan-Lee also at Carolwood Estates
Legendary in the area of employment law, Barbara Lindeman-Schlei wrote the book on the matter.
Carolwood’s Lisa Optican is standing in front of 1021 Stone Canyon in Bel Air, holding up a copy of the 1938 cover of Architectural Digest featuring the home to illustrate how little has changed.
The home’s long-time owner, Barbara Lindemann Schlei has listed the roughly 6,400-square-foot home for $23.85 million. She’s owned the property for 50 years and also used it for numerous dinners and charity events.
Lindemann Schlei is one of the authors (Schlei and Grossman) of the leading publication on employment discrimination law from the 1970s, when the field was rapidly expanding and still relatively new. She later served as a civilian commissioner on the city of Los Angeles’ Police Commission, including a stint as its vice president between 1985 and 1987.
The former assistant U.S. attorney’s home sits about half a mile past the Hotel Bel Air on a 4-acre lot set back from the street behind a gated entrance with plenty of plants and trees to keep out wandering eyes. It was built in 1935 and has a tennis court, motor court, pool and pool house on the private grounds. Inside is a formal dining room, updated kitchen, library with an adjoining bar area and a basement complete with another bar.
Optican called out the home’s “pedigree” in saying “it’s not like everything else” in reference to the property’s design.
The property’s lineage goes back to businessman Robert J. Pringle for whom the home was built. It was designed by architect H. Roy Kelly, known for bringing ranch-style designs to California. The property was later bought by comedian Bob Burns, who also invented the bazooka musical instrument.
Optican, who typically deals in off-market trades, joined Carolwood last August. She brought along with her a $139 million portfolio in offmarket listings and has a resume that includes the $7.3 million sale of Marilyn Monroe’s former Brentwood home in 2017 and the $8.3 million sale in 2020 of a Los Feliz home built by the son of Griffith Park benefactor Griffith Jenkins Griffith
Lizzo’s Beverly Hills Hideaway Hits the Market for ~$14 Million
After a three-year interlude, the Grammy winner is looking to change keys, putting her glass-walled, Balinese-tinged sanctuary on the market.
Star power is not a Zillow filter. But in Beverly Hills, it often comes with the square footage. Lizzo’s Beverly Hills hideaway brings both. The Grammy-winning artist and shapewear-brand founder has listed her Oak Pass Road estate for just under $14 million.
Yes, that home. The one quietly co-starring on her Instagram since 2022. If you’ve been following, you’ve likely had a glimpse of the exquisitely renovated midcentury-style property in a variety of vignettes. Lizzo playing her flute in the garden. Bathroom mirror selfies framed by floor-to-ceiling glass. A sound bath beneath a hundred-year-old oak.
Set behind gates in one of Beverly Hills’ most private enclaves in the Post Office, the 5,440-square-foot home sits on a 0.32-acre lot.
Built in 2018 by SIMO Design —whose clientele includes Jon Hamm and Nicole Richie —it borrows more from a Balinese retreat than traditional Beverly Hills architecture. The layout wraps in an L around a quiet courtyard. A double-height atrium draws in light and greenery. Nearly every room opens to the outdoors. Wood, stone and glass form a hushed, natural palette.
The primary suite appears to float above the 58foot saltwater infinity pool. Two guest suites rest under the canopy of a sprawling oak. “It feels like a tree house resort hidden in nature,” says listing agent James Harris of Carolwood Estates
Inside are three bedrooms, five bathrooms, a gym, a studio and a home theater. Finishes lean organic and restrained: slatted wood ceilings, limewashed walls, a suspended fireplace. The kitchen— anchored by a quartzite island—extends into a covered patio with a fire pit and full outdoor kitchen.
The lot was once owned by Harry Styles, who sold it before it was redeveloped into the home that stands now. Warner Records CEO Aaron Bay-Schuck bought the new-build in 2018. Lizzo purchased it in 2022 for a reported $15 million, through a trust tied to her business entities.
The home plays to both spectacle and solitude. Host 50 guests, or disappear into the trees for the weekend. According to Harris, the next owner will likely be “a creative”—someone who favors canyon air and glass walls over velvet ropes and flashbulbs. In a city where luxury often comes loud, Oak Pass is the quiet counterpoint.
James Harris and David Parnes of Carolwood Estates hold the listing.
Asking ~$13 million, the Sherman Oaks abode has since undergone a full renovation, and it now includes a finished attic with a bar.
It’s not complicated to understand why Avril Lavigne once resided at this Los Angeles property.
The six-bedroom, nine-bath abode in the San Fernando Valley’s Sherman Oaks neighborhood was formerly owned by the Canadian singer-songwriter and her ex-husband Chad Kroeger, the lead singer of Nickelback. Fully renovated since the couple lived here, the ~$13 million manse now offers more than 10,000 square feet of living space. James Harris, David Parnes, and Kris Everett of Carolwood Estates hold the listing.
After you enter through the property’s gates and up the circular drive, the front door leads you into a grand foyer anchored by a curving double staircase. The double-height living room is framed by windows that allow light to flood the space, while the nearby family room is centered around a limestone fireplace. The whitewashed chef’s kitchen sports modern appliances and opens to the formal dining room, lined with wooden French doors.
Elsewhere, you’ll find an ocean-blue office with coffered ceilings and a fully equipped gym. The primary suite comes with its own fireplace and sitting lounge, while the en suite bathroom’s soaking tub is situated within a large marble shower.
All the other bedrooms have their own bathroom and walk-in closet, too. The cherry on top, quite literally, is the finished attic: Vaulted ceilings with exposed beams and skylights cover the upper level’s fireplace-centered living room and funky tiled bar. There’s even enough room for a billiards setup, if you consider yourself a pool shark.
On the grounds, you can take a dip in the saltwater pool and spa. A full bar with a built-in grill sits just outside the shaded patio, where a gas fireplace will keep you warm on chilly nights. Sports enthusiasts can take advantage of the pickleball court, the basketball hoop, and the bocce area.
Even the detached three-car garage has something to offer beyond storage: Sitting atop the structure is a home theater with a lounge, library nook, and snack station—no need to transport your popcorn and candy from the main residence.
In recent years, Sherman Oaks has become a hotbed for celebs looking to lie low. Just last month, the actors Neve Campbell and JJ Feild listed their Colonial-style home in the neighborhood for $4.3 million. Also in April, the YouTube star Alpharad spun his modern Sherman Oaks abode on the market for $5 million.
The Hancock Park residence sits on a third of an acre overlooking the Wilshire Country Club golf course.
Now that she’s wrapped up her seven season run on The Conners, Sara Gilbert is prepped to sell her modern farmhouse-style spread in L.A.’s historic Hancock Park neighborhood that she has owned for nearly a decade. Jonah Wilson of Carolwood Estates in Beverly Hills holds the listing.
The actress/producer acquired the home in 2016 for $6.8 million when she was still married to songwriter Linda Perry. Spanning three levels, the two-tone structure is on a secluded cul-de-sac amid a third of an acre bordering the Wilshire Country Club golf course. Inside, six bedrooms and seven baths are filtered across 6,400 square feet of living space boasting wide-plank white oak floors, gallery-like walls, and high whitewashed wood-beam ceilings, plus air-filtration and water-purification systems.
Standing out on the main level is an open-plan great room sporting a sky-lit dining area and an adjacent living room warmed by a white brick fireplace. A family room around the corner connects to a spacious kitchen, which is outfitted with an eat-in island, a wine cooler, toptier Wolf and Sub-Zero appliances, a breakfast banquette, and a walk-in pantry with a rolling ladder to reach the high shelves. Sliding glass doors in both spaces spill out to an alfresco dining terrace.
Elsewhere are a lofty office space, a media/game room, and a mirrorlined fitness room, as well as a voluminous primary suite sporting a private balcony and a spa-inspired bath equipped with a marblelined shower and a sculptural soaking tub below a picture window with treetop views. The creature comforts continue outdoors, where the grassy grounds are fully walled with a conversation space centered around a fire pit, along with a pool and spa nestled beside a raised sundeck. There’s also an attached two-car garage and a bubbling creek on the premises.
The app grants access to Carolwood’s exclusive, offmarket listings and offers our agents’ clients unique opportunities that aren't available publicly. It seamlessly matches buyers’ unique preferences with the most relevant listings.
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Nick Segal’s sitting in the conference room of Carolwood Estates’ Beverly Hills headquarters, moving from his laptop screen to cell phone. He’s showing off the Carolwood Private Portal, which its agents have been quietly using for a little over a month.
The private platform has nearly 90 listings totaling over $1.3 billion worth of signed pocket listings, and plays like a dating app. It connects sellers with prospective buyers within Carolwood’s ecosystem.
Agents can sign up for text message alerts on matches. There’s a valuation tool that makes it easy to factor in “market heat,” what’s previously sold or pending, and the ability to type in key elements, such as how much a seller spent on their kitchen upgrade or pool addition. A slick, Carolwoodbranded report with all that information can then be emailed or printed for a client.
“There’s a whole gamification dynamic,” said Segal, who is Carolwood’s managing broker, as he provided a demo for the site.
The web-based platform was in development for about 18 months, although Segal partially kidded it was really cooking for about 35 years based on the collective experiences of founders Segal, CEO Drew Fenton and CMO Ed Leyson.
“We wanted to compile our off-market listings in a user-friendly Carolwood app so the agents could access from their phones,” said Fenton, adding from an agent’s perspective, it’s an “easy” tool to use.
At its simplest, the technology automates what would normally be handled during a staff meeting, where agents share information on listings and prospective buyers. Segal said they no longer include those
conversations in meetings anymore. Instead, he reminds agents if they have a buyer looking for something specific, to check the portal.
Segal said the valuation component can be accessed by agents outside of the brokerage with the help of someone from Carolwood, but the offmarket inventory remains internal.
It’s a competitive play and an agent retention tool from one of Los Angeles’ fastest-growing independent brokerages, which reported $3.2 billion in on- and off-market sales volume last year. That’s about double what it had in 2023, which would have been its first full year in business after launching in November 2022.
The brokerage said Carolwood represented 27 percent of sales in excess of $10 million in LA’s prime neighborhoods in 2024. The percentage moved up to 35 percent for listings north of $20 million, according to the brokerage.
“We have market share. Why wouldn’t we capitalize on that market share and create a more efficient system?” Segal said.
Fenton added that because of Carolwood’s track record in the off market, he sees the app as further helping “these increasing sales.”
The idea is to bolster Carolwood’s position within the Los Angeles market, rather than toy with ambitions of creating a national platform, the founders said.
“We don’t need to be a national brand. We don’t want to be a national brand,” Segal said. “We want to be your go-to resource for Beverly Hills and all of Los Angeles.”
Featured listings from our available inventory, currently valued at over $2.4 Billion.
Heidi Murkoff, author of the bestselling pregnancy guide “What to Expect When You’re Expecting,” spends a lot of time on the road advocating for maternal and infant health. So while she and her husband love their Richard Neutra-designed house in Encino, they aren’t able to spend as much time there as they would like.
They are listing the circa-1951 mid-century modern home, which they renovated, for $7.6 million.
“There’s nothing about it I don’t love,” said Heidi, 66, who published the first edition of “ What to Expect When You’re Expecting” in 1984. “We’re constantly on the road and this beautiful house is not being enjoyed the way it should be enjoyed.”
Heidi and her husband, Erik Murkoff, paid $4.725 million for the house in 2015. Set on 0.77 acre, the home measures ~4,200 square feet with five bedrooms and glass walls offering views of the landscaped grounds.
The Murkoffs were thrilled when they were finally able to buy a Neutra a few years later. Although the house was in good condition, it hadn’t been touched in 20 years. Before updating it, Erik said, he spent hours working with historians and poring over original plans and photographs of the house.
During the renovation, the Murkoffs kept original features such as redwood ceilings. In the primary bathroom, they removed marble that had been added by a prior owner, installing stone in its place to be more in line with Neutra’s work.
The Murkoffs also put significant effort into the gardens, which had become overgrown. Erik studied the work of landscape architect Garrett Eckbo, who did the home’s original landscape design. The Murkoffs worked with landscape architect Pamela Burton to reimagine the gardens in line with Eckbo’s vision.
The Encino house is located in Royal Oaks, a wealthy enclave that is popular with people in the entertainment industry because of its large lots, privacy and proximity to the studios, said listing agent Stephen Sigoloff of Carolwood Estates
You might not have been fortunate enough to snag their picturesque twelve acre estate in New York that was recently up for grabs, but now’s your chance to pick up Michael Douglas and Catherine ZetaJones’s former Los Angeles condo at the iconic I.M. Pei-designed Century Towers residential complex on Avenue of the Stars.
After more than a decade of ownership, current owner Judy Glickman Lauder is looking to hand over the keys to the celeb-pedigreed pad for a smidge under $5 million. Records show the Hollywood power couple bought a pair of adjacent condos in separate transactions in the late 1990s and subsequently combined the corner units before selling the whole kit and caboodle to the photographer and her husband Leonard Lauder, the billionaire son of beauty mogul Estée Lauder, in 2003 for $1.85 million.
Resting on the 23rd floor in one of two identical 28-story high-rises— which have been home through the years to showbiz movers and shakers such as Lana Turner, Diana Ross, Berry Gordy, Burt Lancaster, and Karen Carpenter —the three-bedroom, three-bath abode features roughly 2,600 square feet of living space boasting dark cabinetry paired with multi-colored slate walls and floors, plus large expanses of glass offering sweeping views of the city skyline and Hillcrest Country Club golf course.
Among the highlights is a spacious peach-hued living area sporting floorto-ceiling sliding glass doors spilling open to an alfresco dining terrace. There’s also a wet bar-equipped dining room, a laundry nook, and a kitchen outfitted with a breakfast bar and premium stainless appliances. Other amenities include a family room with a built-in entertainment center, along with a spacious primary retreat flaunting a slate-tiled bath spotlighted by a freestanding clawfoot soaking tub.
Topping it all off are plenty of building amenities courtesy of a $4,262 monthly HOA charge, including a 24-hour guard-gated entry, a concierge, valet parking, a fitness center and sauna, a full-length lap pool, a putting green, and tennis courts.
“A living piece of Hollywood history, this home still reflects the timeless taste and style of its original celebrity owners…down to the last detail,” says Alphonso Lascano, who holds the listing alongside his colleague Bjorn Farrugia, both of Carolwood Estates
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Drew Fenton CEO, Co-Founder
Ed Leyson CMO, Co-Founder
Nick Segal Managing Broker, Partner
Chatty Arrieta Director of Operations
Richard Maslan Associate Manager
Yvonne Agnew Compliance Manager
Shan Sorathiya Accounting
Andy Ledwedge Creative Director
Judith Parker Senior Marketing Manager
Rich Carrillo Digital Media Manager
Glorioso T. Fajardo Senior Designer
Abbey Diokno Senior Designer
Jacob Fajardo Junior Designer
Robert Hernandez Concierge
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