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Vaitkevicius mentioned two homes his company developed in Toluca Lake, a small neighborhood in the city, seemingly low-key. Both homes were sold for almost $5 million; both had cushy basements.
The Beverly Estate is a property built in 1926 [1] [2] at 1011 North Beverly Drive in Beverly Hills, California. [3]The estate was designed by architect Gordon Kaufmann [4] and was the residence of actress Marion Davies and her partner William Randolph Hearst. [5]
The sale set the record for the largest property sale at auction in the United States, topping the Hearst Estate in Beverly Hills, which sold for $63.1 million in 2021. [21] The house lacked a certificate of occupancy and required an estimated $20 million in additional construction costs at the time of the sale. [7]
Arden Villa is a Palladian-style estate located in Pasadena, California, designed by the architectural firm Marston & Van Pelt in 1913 for William Kennon Jewett. Arden Villa has gained fame not only for its architectural splendor but also for its appearances in various movies and TV shows, earning it the nickname "Dynasty Mansion" due to its association with the popular 1980s TV drama Dynasty.
Ecclestone purchased the home in 2011 for $85 million after it had been on the market for two years with an asking price of $150 million, making it the most expensive residential real estate listing at the time. [2] [3] In June 2019, it was sold for $119.7 million, a new record in California history. [4]
The same area slid again in 2005, destroying 17 homes. After a winter of heavy rains in 1998, several homes slid down a hillside below Via Estoril in the Niguel Summit neighborhood of Laguna ...
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