Luxury Market News

Home of The Week: Beachwood Canyon Residence Is a Worldly Showcase

Drawing from Japanese and traditional architecture, this newly renovated house in the Hollywood Hills blends light-filled living spaces with panoramic views of the Lake Hollywood Reservoir and Hollywood sign. A mix of natural materials inclu...

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Malibu’s Water Tower-Turned-Home Sells for $4.185 Million

Not a bad second act for this former water tower perched in the hills of Malibu. The rounded residence, which architect Doug Rucker fashioned into a home in the 1980s, has sold for $4.185 million. Once known as the Malibu Water Tower, th...

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That’s a Wrap: Producer Roger Birnbaum Sells Beverly Hills Mansion

Roger Birnbaum, Whose Movies Include the “Rush Hour” Franchise Unloaded the Trousdale Estates Pad For Roger Birnbaum, who founded Spyglass Entertainment, the long wait is over. But for the Hollywood film producer of movies like the “The ...

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David Geffen Drops $30 Million on An Empty Acre in Prime Beverly Hills

Above Beverly Hills in the ultra-exclusive enclave of “Billionaires Row,” one of the last empty lots has sold for $30 million. The buyer, sources told The Times, is music and movie mogul David Geffen. The one-acre property listed in Ma...

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Big Home, Big Deal: The Manor in Holmby Hills Sets An L.A. County Price Record at $119.75 Million

Los Angeles’ ailing luxury real estate market just received a shot in the arm: The Manor, a 56,500-square-foot chateau in Holmby Hills, has sold for $119.75 million — the highest home price in Los Angeles County history. The astronomical s...

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Stein Mart’s Jay Stein Drops $31 Million on Iconic Bel Air Estate

The discount apparel chain, which sports nearly 300 stores in the southern U.S., recently added Amazon Lockers to most locations — a move guaranteed to bring them increased foot traffic — and are cooking up various other new methods to grow...

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Encino Home Was Once a Roost for ‘Partridge Family’ Star Shirley Jones

The contemporary-vibe home, built in 1957 and remodeled in 2017, sits behind gates at the end of a long driveway. Inside, features include an open floor plan, vaulted ceilings, skylights and three fireplaces. Bi-folding doors off the common roo...

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Dr. Dre Picks up Pacific Palisades Pad for $2.25 Million

Music producer and mogul Dr. Dre has added another property to his growing portfolio, buying a home in a gated Pacific Palisades community for $2.25 million, records show. The Mediterranean-style house sits on a ridge in the Palisades Highland...

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Rich New Yorkers Are Fleeing to Miami to Escape High Taxes. I Spent 3 Days There, and It Was Immediately Clear Why so Many People Are Making the Move.

More and more rich New Yorkers are ditching the northeast for sunny Miami. High-net-worth individuals and families from high-tax states like New York, New Jersey, California, and Illinois are moving to the Miami area to take advantage of Flori...

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