$125,000,000 Property For Sale - 766 days on the market and counting

By
Real Estate Agent with Windermere Real Estate - Palm Springs CalBRE# 01339266

Fleur De Lys - "The Finest Estate in America. Available by appointment to pre-qualified clients only. The property has 12 bedrooms, 15 baths, guest house on a 5.01 acres." Situated at 350 N Carolwood Drive, Los Angeles, CA 90077 - Bellair.

That's all the information provided on the CLAW MLS for this extraordinary property that is co-listed by Hilton & Hyland & Coldwell Banker.

I do not have clients looking for such a property, but I was neverthless curious to watch the progress of this mind-boggling listing. As of May 17th 2009 it's has been listed for 766 days and according to it's listing hostiry, there's been no change in the List Price, and it hasn't been in escrow.

At $125,000,000 it sounds "reasonable" compared to Candy Spellings house which has a price tage of $150,000,000.

Photgraphs: Courtesy of the CLAW MLS

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Topic:
ActiveRain Community
Location:
California Los Angeles County West Hollywood
Groups:
Almost Anything Goes
Everything California
LA Connection
Realtors®
The Ninety-ninth Percentile
Tags:
beverly hills homes
los angeles real estate
celebrity real estate
penn properties
stewart penn

Comments 18 New Comment

Rainer
54,699
Chad Baird
Re/Max Spirit

Im with Jason, for 125M I would expect more than 12 Bedrooms.  I've seen the inside of the Spelling Mansion (On TV), that is an inpressive house as well.  I like that Dallas listing as well, but 100 acres would take me way to long to mow. 

I'm still looking for a buyer for the Spelling House.  Hopefully I can call you one day to refer a buyer to you. 

May 18, 2009 11:32 AM
Rainmaker
649,745
Jim & Maria Hart
Charleston, SC Real Estate
Brand Name Real Estate

I wonder what would happen if that house ever went into foreclosure?  It's obvious that they aren't super motivated to sell, so hopefully that's not an issue.

May 18, 2009 11:48 AM
Rainmaker
473,563
Palm Springs Realtor Stewart Penn
Windermere Real Estate - Associate Broker
Windermere Real Estate - Palm Springs

Chad - Call me anytime 24/7 :)

May 18, 2009 12:18 PM
Anonymous #17
Anonymous
Mary LaRue

YUCK! I would get bored real fast with this structure, just as I have with all of the other supposed great things that money can buy in life. Sometimes simplicity is the key to happiness, in the end.

June 27, 2009 04:56 PM
Anonymous #18
Anonymous
J. Purdy

Keep dreaming Rosenblatt....

June 28, 2009 12:10 PM
Rainmaker
473,563

Palm Springs Realtor Stewart Penn

Windermere Real Estate - Associate Broker
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