2012 Turned out to be a GREAT Year for High-end Home Sales in Los Angeles County

Last year was the best for high-end home sales since the housing bubble burst, and among those making the A list for celebrity mega-deals were Ryan Seacrest, Ellen DeGeneres and Jennifer Aniston.

By Lauren Beale, Los Angeles Times

Twice as many homes were sold in the $5-million-plus range in Los Angeles County than three years ago, the low mark after the housing crash, according to the real estate information firm DataQuick. Through November, the latest month for which counts are available, 296 home sales had appeared in the public record above $5 million, the most since 2007, as the top of the market reflected the growing strength in overall home sales during 2012.

Topping sales locally was Oracle Corp. head Larry Ellison’s purchase of a three-structure, copper-roofed compound along Malibu’s Carbon Beach for $36.944 million, according to public records. Former Yahoo Inc. Chief Terry Semel and his wife, Jane, were the sellers.

A close second in price was Seacrest buying DeGeneres’ three-property compound in Beverly Hills for $36.5 million. (Tying the amount the “American Idol” host paid was a non-celebrity transaction: an 11,313-square-foot beachfront mansion on nearly 7 acres in Malibu that closed in late December for $36.5 million.) Seacrest also offloaded his Mediterranean villa in Hollywood Hills West for $11 million.

DeGeneres and spouse Portia de Rossi moved to an 8,500-square-foot house in Beverly Hills designed by acclaimed midcentury architect Hal Levitt. The purchase price was $17.4 million.

The daytime host and comedian also sold her 4,088-square-foot Malibu house — on 1.26 bluff-top acres with a tennis court, a lap pool and beach access — for $13 million. DeGeneres bought the ocean-view place from acting couple Brad Pitt and Angelina Jolie in late 2011 for $12 million.

In a third transaction topping the $30-million mark, C. Frederick Wehba, co-founder of the international real estate investment firm BentleyForbes, sold his 36,000-square-foot French Palladian-style mansion in Beverly Hills for $34.5 million.

Leading lady and “Friends” star Aniston was involved in one of several 2012 deals in the $20-million range. She bought a Midcentury Modern-style house in Bel-Air from former Maguire Properties Chief Executive Robert F. Maguire III for $20.97 million. The restored 8,500-square-foot house sits on a 3-acre-plus promontory with unobstructed ocean and city views, a guesthouse, swimming pool and vineyards.

If one is good, two may just be better. Investor and pro soccer team owner Gabriel Brener put his Holmby Hills estate up for sale last year at $90 million. The 35,000-square-foot mansion comes with two safe rooms.

Donald Abbey, founder of a commercial real estate investment and management firm, made a splash in the San Gabriel Valley community of Bradbury asking $78.8 million for his estate. But what really distinguishes the property, which has more than 47,000 square feet of living space, are the temperature-controlled trout pond with two-story waterfall and subterranean firing range.

Texas Rangers third baseman Adrian Beltre sold his 4-acre-plus estate in Bradbury for $17.4 million — complete with batting cage.

A whimsical “Flintstones”-esque house owned by the late television personality Dick Clark came on the market in Malibu. Looking like “a page right out of history,” as the “Flintstones” theme song says, the one-bedroom retreat and its 23 acres are priced at $3.5 million.

  1. 2 beds, 2 baths
    Home size: 1,422 sq ft
    Year built: 0
    Days on market: 3
  2. 2 beds, 2 baths
    Home size: 1,630 sq ft
    Lot size: 39,204 sqft
    Year built: 2006
    Days on market: 4
  3. 1 bed, 1 bath
    Home size: 1,070 sq ft
    Lot size: 39,204 sqft
    Year built: 2008
    Days on market: 6
  4. 1 bed, 2 baths
    Home size: 996 sq ft
    Lot size: 2.86 ac
    Year built: 2003
    Days on market: 7
  5. 2 beds, 2 baths
    Home size: 1,533 sq ft
    Lot size: 31,363 sqft
    Year built: 2006
    Days on market: 7
  6. 2 beds, 2 baths
    Home size: 1,714 sq ft
    Lot size: 31,363 sqft
    Year built: 2006
    Days on market: 7
  7. 2 beds, 3 baths
    Home size: 1,481 sq ft
    Lot size: 2.86 ac
    Year built: 2003
    Days on market: 7
  8. 2 beds, 2 baths
    Home size: 1,400 sq ft
    Lot size: 3,049 sqft
    Year built: 1969
    Days on market: 10
  9. 2 beds, 3 baths
    Home size: 1,912 sq ft
    Lot size: 4.50 ac
    Year built: 1977
    Days on market: 11
  10. 1 bed, 1 bath
    Home size: 719 sq ft
    Lot size: 6,098 sqft
    Year built: 1964
    Days on market: 11
  11. 0 beds, 1 bath
    Home size: 1,130 sq ft
    Lot size: 1.06 ac
    Year built: 2007
    Days on market: 12
  12. 3 beds, 2 baths
    Home size: 2,000 sq ft
    Lot size: 33,541 sqft
    Year built: 2010
    Days on market: 12
  13. 2 beds, 3 baths
    Home size: 1,441 sq ft
    Lot size: 2.86 ac
    Year built: 2003
    Days on market: 13
  14. 2 beds, 3 baths
    Home size: 1,646 sq ft
    Lot size: 3.65 ac
    Year built: 1978
    Days on market: 13
  15. 2 beds, 2 baths
    Home size: 1,488 sq ft
    Lot size: 2.30 ac
    Year built: 1978
    Days on market: 14
  16. 3 beds, 2 baths
    Home size: 1,722 sq ft
    Year built: 1972
    Days on market: 14
  17. 3 beds, 3 baths
    Home size: 1,932 sq ft
    Lot size: 1.52 ac
    Year built: 1967
    Days on market: 15
  18. 1 bed, 2 baths
    Home size: 1,700 sq ft
    Lot size: 2.82 ac
    Year built: 1999
    Days on market: 17
  19. 1 bed, 2 baths
    Home size: 996 sq ft
    Lot size: 2.86 ac
    Year built: 2003
    Days on market: 18
  20. 2 beds, 2 baths
    Home size: 1,886 sq ft
    Lot size: 5.95 ac
    Year built: 1981
    Days on market: 19

See all Luxury Real Estate.
(all data current as of 6/25/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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