Luxury Market News

WEA in the Wall Street Journal

Beverly Park Mansion Sells for $16.5 Million. A Los Angeles home owned by the actor Jason Lee has sold for $3.1 million. It was listed for $3.3 million. Mr. Lee purchased the home in 2007 for $3.4 million from musician Robert Cray, public re...

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WEA in the LA Times

Nicolas Cage’s Former Bel-Air Estate Is Sold for $10.5 Million, a Big Cut in The Price Tag. The sale of Nicolas Cage’s onetime Bel-Air estate, which the actor lost to foreclosure this year, has all the makings of a Hollywood blockbuster. T...

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WEA in the The Hollywood Reporter

Murphy and Seacrest, both attached to music-centric hit shows on Fox, have listed their Hollywood Hills houses. Click here to read the article.

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WEA in the LA Times

Vidal Sassoon, the stylist turned magnate whose name became synonymous with hair care products, has sold his Midcentury Modern landmark in Beverly Hills for $10 million.Click here to read the article.

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WEA in the LA Times

This contemporary in Mount Olympus, designed for work and play, makes the most of it’s panoramic views from downtown Los Angeles to the ocean. The 1976 home, redone from the studs and updated with new appliances and amenities, is landsca...

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WEA in the Wall Street Journal

Paramount Chairman and Chief Executive Brad Grey is asking $23.5 million for a house he bought last winter for $18.5 million Mr. Grey and his wife, Cassandra Huysentruyt, who married at the 2.3-acre Holmby Hills property earlier this year, pla...

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WEA in the Wall Street Journal

Microsoft Corp. co-founder Paul Allen has bought a contemporary oceanfront home in Malibu, Calif., through a corporation, for more than $25 million. The modular, white stucco-and-glass house is on Carbon Beach, the “Billionaire’s Beach” ...

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WEA in the LA Times

In the Middle Ages, moats were the thing. More recently, the rich have taken refuge behind tall hedges, view-obscuring walls and guarded gates. But today’s super wealthy, seeking even greater privacy, are increasingly buying adjacent propert...

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WEA in the LA Times

The 1940 Bel-Air estate owned until recently by actor Nicolas Cage is back on the market at $12.75 million, the Multiple Listing Service shows. Cage lost his trophy home at a foreclosure auction earlier this month on the county courthouse step...

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