Luxury Market News

WEA in the LA Times

Raymond Pettibon, the contemporary artist who sprang from the L.A.’s punk rock scene, has sold a property in Venice for $1.219 million. The Craftsman-style house, built in 1923 and zoned as a duplex, sits in the heart of so-called Silicon Be...

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WEA in the LA Times

L.A. Times Home of the Week: A pavilion-style estate in Bel-Air. The sprawling home built for the former owners of Architectural Digest connects the indoors and outdoors through the extensive use of glass walls and doors. Philanthropists Bud ...

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WEA in the LA Times

Gisele Bundchen, supermodel and sometimes actress, and her husband, New England Patriots quarterback Tom Brady, have put their mega-estate in Brentwood on the market at $50 million. The country French chateau is reached by a winding driveway t...

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WEA in the LA Times

Jamie McCourt has hoisted her Westside estate on the market at $55 million. The former Dodgers chief executive and co-owner bought the property a decade ago with her then-husband Frank McCourt for close to its $25 million asking price, accordi...

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WEA in the LA Times

Brian Grazer, the prolific film and television producer, has sold his Malibu Colony beach house for $17.375 million, making it the second most expensive sale to post so far this year in the local Multiple Listing Service. Designed for entertai...

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WEA in the LA Times

Ellen DeGeneres loves a trophy house. Now the daytime talk show host has bought the A. Quincy Jones-designed Brody House for $39.888 million in an off-market deal. Built in 1950 for modernist art collector Frances Brody and her husband, real e...

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WEA in the LA Times

Wolfgang Puck has purchased a mansion in the Holmby Hills area of Beverly Crest for $14 million. The seller was Hyatt Hotel heir Anthony Pritzker. Set at the end of a gated drive on 1.25 acres, the 1938 villa is entered through a two-story foy...

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WEA in the Wall Street Journal

Paramount Chairman and Chief Executive Brad Grey and his wife Cassandra Grey are selling their 10,600-square-foot house in Bel Air for $27.5 million, according to listing agent Stephen Shapiro of the Westside Estate Agency. The traditional whi...

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WEA in the Wall Street Journal

The estate of Gil Friesen, the late music executive and former president of A&M Records, is selling his Los Angeles home for $8.995 million. The 8,627-square-foot home has three bedrooms, three bathrooms and four partial baths. The second ...

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