The Most Expensive Homes in Los Angeles (2024)

The Most Expensive Homes in Los Angeles (1)

Los Angeles’s most expensive homes are naturally concentrated in within the some of the area'smost expensive neighborhoods. Among them are Bel Air, Beverly Hills, and Holmby Hills, which comprise an area locally referred to as the “Platinum Triangle.” In addition, a few Malibu beachfront communities also contain some of the area's most expensive real estate.

This article come in two parts. The top half ranks the most expensive homes in Los Angeles ever sold, by sales price. The bottom half ranks Los Angeles’ priciest homes that are currently for sale.

The Most Expensive Homes in Los Angeles Ranked

Rosebud / $200M

27712 Pacific Coast Highway, Malibu (Paradise Cove Bluffs)

Rosebud is a 40,000 square foot oceanfront estate in the Paradise Cove Bluffs neighborhood of Malibu. The striking residence is made of structural architectural concrete. The home sits above the Pacific Ocean on an 8-acre bluff.

Its sale, in May 2022 to Jay-Z and Beyoncé for a reported $200 million, sets a new California record for most expensive home ever sold. The sale bests the previous record set by the property nextdoor, 27740 PCH, which sold in 2021 for $177 million.

The previous owner was William J. Bell (March 6, 1927 - April 29, 2005), an American screenwriter and television producer, best known as the creator of the soap operas Another World, The Young, and the Restless and The Bold and the Beautiful. It took Bell almost 15 years to build the all-concrete structure and $100M in loans.

Rosebud was designed by Tadao Ando with WHY Architects and built Peter McCoy Construction. Like other properties in Paradise Cove, the property is comprised of two lots (27712 PCH and 22716 PCH).

27740 Pacific Coast Highway / $177M

(Paradise Cove Bluffs)

This oceanfront estate in Paradise Cove Bluffs set the record as the most expensive home in Los Angeles (and California) in October 2021. At the time of sale, the purchase was second in the United States only to the $238M New York penthouse purchase by billionaire Ken Griffin.

The property includes two combined parcels totaling nearly seven acres, acquired in 2013 by fashion tycoon Serge Azria with his wife Florence Azria. They paid, eight years prior, a purchase price of $41M for the compound. Over the ensuing years, architectural designer Scott Mitchell led its complete renovation.

Los Angeles County Assessor’s Office records show that the main house, built in 1980 and upgraded in 2010, is 11,810 square feet. There are three other sizeable buildings on the plot, guesthouses: one built in 1946 and two in 1956.

The home went up for sale originally in 2020 with a $250M asking price. The Wall Street Journal reported the buyers were Marc Andreessen, internet pioneer and investor, and his wife Laura Arrillaga, philanthropist.

Reports indicate a total of thirteen structures on the premises, including a converted barn for housing a fleet of cars, screening room, cabana, estate caretakers’ quarters, and so on.

Warner Estate / $165M

1801 Angelo Drive, Beverly Hills (Beverly Hills Gateway)

The historic Warner Estate remains among Beverly Hills' most luxurious homes. The 13,600 square foot Georgian-style mansion comes with scenic gardens, a nursery, terraces, a nine-hole golf course, a motor court, gas pumps and service garage, and a swimming pool, a tennis court, and three hothouses. The lot covers over nine acres.

Built and designed by Roland Coate in the 1930s for Jack Warner (former president of Warner Bros.), the Warner Estate has seen its share of the glitz and glamor, having been a social milieu itself to the rise of Hollywood. It had originally been a 15-room Spanish colonial-style mansion before its remodeling, with actor and interior designer William Haines decorating the interior and renowned landscape architect Florence Yoch designing the grounds. Coate added the breathtaking Greek Revival portico, while Haines followed a Georgian style to decorate the rooms.

The front doors open into massive two-story entrance halls, with 18th-century English paneling adorning the living room walls and the ceiling lit by a George III-style chandelier. This romantic Georgian sensibility extends into the dining room with its Adamesque serving table, 48 Regency-style dining chairs, and a sweeping 19th-century French wallpaper. The library serves as a screening room, filled with comfortable sofas and a portrait of Ann Warner painted by legendary surrealist artist Salvador Dali hanging over the fireplace.

Jack Warner lived in the estate from 1937 until he died in 1978. His widow lived there until her passing in 1990. Asylum Records co-creator David Geffen acquired the estate for $47.5 million. In February 2020, David Geffen sold the estate to Amazon founder Jeff Bezos for a whopping $165 million, a record-breaking sale for a private residence in Los Angeles.

Chartwell Estate / $150M

875 Nimes Road, Los Angeles (Bel Air)

This 25,000 square foot Chateauesque mansion was built in the 1930s by Summer Spaulding, inspired by the French Neoclassical Style. Meticulously placed and symmetrically cut limestone covers the exterior. The interior is something straight out of "The Great Gatsby," with a grand ballroom, vaulted foyer, and scaled formal rooms.

The sprawling estate sits on over 10 acres of land and boasts 26 rooms, a 75-foot pool, gardens designed by Henri Samuel, and a pool house and guest house designed by architect Wallace Neff. Among the more fascinating features of this pricey estate are its secret underground tunnel, a wine vault that can hold up to 12,000 bottles, and an underground garage that fits 40 cars.

Civil engineer Lynn Atkinson commissioned the original mansion as a gift for his wife, who dismissed the estate as "pretentious." Hotelier Arnold Kirkeby then acquired it in the 1940s for $200,000. In 1986 it was bought by billionaire Jerry Perenchio, who then sold it in 2019 to Lachlan Murdoch for $150 million.

Classic television fans may recognize the Chartwell Estate as the Clampett family home from the sitcom "The Beverly Hillbillies," which aired on CBS from 1962 to 1971.

The One / $141M

944 Airole Way, Los Angeles (Bel Air)

Once upon a time, “The One” was hyped as the biggest (105,000 square feet) and most expensive ($500M initial asking price) home in America. Instead, when the property sold in March 2022, The One became the fourth most expensive home in Los Angeles.

The development of the 21-bedroom, 49-bathroom mega-mansion by Nile Niami spanned a decade that included cost overruns and bankruptcy, eventually culminating in a court-ordered sale, an auction price of $126M. With the 12% buyer premium, the total price was $141M. The winning bidder was Richard Saghian, CEO of Fashion Nova.

Perched on a promontory overlooking the Hotel Bel Air, the home boasts panoramic views across the Los Angeles Basin from downtown to the Pacific Ocean. Enjoy the vistas from inside from the 10,000 square foot sky deck.

Inside, the amenities include a nightclub, full-service salon and spa, and 40-seat theatre.

The grounds include a 400-foot outdoor running track, putting green, and five pools.

10671 Chalon Road / $133M

(Bel Air)

10671 Chalon Road -- a two-home, four-parcel estate spanning 4.6 acres -- sold for $133 million in December 2021, making it the second-most expensive home sold in Los Angeles County in 2021 and the fourth-highest price ever paid in California. The seller was Japanese business mogul Hideki Tomita, CEO of DIP Corporation. The buyer was Brian Armstrong, CEO of Coinbase.

The main house (10671 Chalon Road) was designed by architect John Pawson and built in 2009 and 2010. Size-wise, it is 18,023 square feet and includes 6 bedrooms and 10 bathrooms. Interiors were designed by Atelier AM and landscape design by Jonathan Bell.

Paul R. Williams designed the guest house (10693 Chalon Road) between 1941 and 1943. This second residence is 6,341 square feet and contains 5 bedrooms and 5 bathrooms.

The hedged-in estate includes amenities one would expect, such as a tennis court, two pools (one for each house), and a cabana.

The compound occupies a promontory in the West Gate portion of Bel Air near Hotel Bel Air, ensuring territorial views of the canyon and city lights.

The Manor / $120M

594 South Mapleton, Los Angeles (Holmby Hills)

The Manor (a.k.a. Spelling Manor) is a 56,500 square foot French chateau-style mansion with 123 rooms. For some perspective, it's bigger than the White House!

Formerly the site of Bing Crosby's 1932 home, The Manor was designed by architects from James Langenheim & Associates and constructed in 1988 for TV producer Aaron Spelling of Beverly Hills 90210, Dynasty, and Charlie's Angels fame. Spread over 5 acres of land, the estate also features rolling lawns, citrus orchards, rose gardens, fountains, koi ponds, statues, a swimming pool, and a tennis court.

Spelling tailored the home for himself and his wife Candy, who enjoyed over 20 custom rooms, including a barbershop, gift-wrapping rooms, humidity-controlled silver storage rooms, and a flower cutting room. The Manor has a French cheese and wine room, furnished with all the trimmings of sidewalk cafe-style chairs and tables. There is even a bowling alley with its very own shoe closet.

In 2011, the Manor sold for $85 million to Petra Ecclestone, who set about renovating the home for 12 weeks. Her lavish renovations included using black striped marble for the entryway and lounge, a massive aquarium for the study, and a nightclub for the basem*nt.

In June 2019, the Manor sold for $119.7 million to an anonymous buyer, which was the highest sale in California's history at the time.

Playboy Mansion / $100M

10236 Charing Cross Road, Los Angeles (Holmby Hills)

The longtime home of now-deceased Playboy magazine founder Hugh Hefner, the Playboy Mansion is among the most famous Los Angeles luxury properties. Designed in a Gothic and Tudor Revival style by architect Ron Dirsmith, the massive home exceeds 21,900 square feet. It contains over 30 rooms, including seven bedrooms, eight bathrooms, a wine cellar, a built-in pipe organ, and a home theater. The estate even has a stand-alone house reserved entirely for gaming and entertainment! Outside amenities include a tennis court, basketball court, zoo, aviary, and a swimming pool housed the famous (or infamous) grotto. It is one of the very few homes in Los Angeles with a zoo license or a permanent firework permit; in this case, the Playboy Mansion has both.

According to Playboy history, Hefner's then-girlfriend Barbi Benton discovered the 5.7-acre estate in 1971 and convinced him to buy it. Hefner paid $1.1 million for the property, which was the highest home sale in Los Angeles history at the time. In 2016, it was put on sale for $200 million and purchased by Hostess Brands co-owner and next-door neighbor Daren Metropoulos for $100 million. In 2018, Metropoulos and the City of Los Angeles entered into a Permanent Protection Covenant which protects the Playboy Mansion from demolition. The agreement is binding on all future owners as well.

Billionaire / $94M

924 Bel Air Road, Los Angeles (Bel Air)

Designed by luxury developer Makowsky in May 2012, the Billionaire was listed for $250 million in January 2017, making it the most expensive home listed for sale at that time in the United States, before getting cut to $188 million in April 2018 and then to $150 million in January 2019. It was finally sold to an anonymous buyer in October 2019 after three years on the market for $94 million.

Billionaire is a massive four-level home, consisting of 38,000 square feet of living space, with 12 bedrooms, of which there are two master suites and ten guest suites. There are 21 bathrooms, all adorned with 50 kinds of Italian marble, five bars, three dining areas, three kitchens, a wellness spa, a fitness center, a 4-lane bowling alley, and a show-stopping 360-inch television. Billionaire is also home to two alligator skin-lined commercial elevators, two wine cellars, as well as a polished steel staircase, and up to 130 works of art.

The mansion sits atop a 1.08-acre lot, with the exterior featuring a 17,000 square foot deck. Notable features include a retractable theater screen, an 85-ft glass tile infinity pool with a swim-up bar, and a helipad with an Airwolf replica. The home also looks out onto a splendid view of Los Angeles, the San Gabriel Mountains, and the Pacific Ocean off Malibu.

Casa Encantada / $94M

104644 Bellagio Road, Los Angeles (Bel Air)

Casa Encantada (a.k.a. Conrad Hilton Estate) is a massive 40,000 square foot home that sits on 9.5 acres surrounded by the Bel Air Country Club's fairways.

Looking to build near the Bel Air Country Club, Hilda Olsen Boldt Weber purchased the land in 1936 for $100,000. She immediately commissioned the construction of a home. Casa Encantada was designed by architect James Dolena and completed in 1937 for a sum that exceeded $2 million. Every piece of furniture, carpet, and fabric in the mansion was custom-designed by leading interior designer T.H. Robsjohn-Gibbings.

The 1930s Georgian-Grecian estate is perched on a mound, giving many of its 60 rooms breathtaking views of the Santa Monica Mountains, city lights, and the Pacific Ocean. The mansion has a card room, bars, and large living spaces. The grounds include a pool house, movie theatre, lighted tennis court, basketball court, swimming pool, greenhouses, and koi ponds.

Hotel mogul Conrad Hilton purchased the property, at a steep discount from the original project's cost, for $225,000 in November 1950. Mr. Hilton lived there until he died in 1979.

Casa Encantada was then sold to financier David H. Murdock in 1980 for $12.4 million, making the record for being the most expensive house sold in the United States at the time.

In 2000, the property sold for $94 million to its current owner, financier Gary Winnick, who also spent millions restoring it, enlisting architect Peter Marino's help to revive its classic detailing.

This massive Bel Air estate was listed on the market again for $225 million in October 2019.

Fleur de Lys / $88.3M

350 N Carolwood Drive, Los Angeles (Holmby Hills)

Nestled in five acres in Holmby Hills, the 45,000 square foot Fleur de Lys estate exterior boasts a steel-framed, limestone-faced edifice.

The home features 12 bedrooms, 15 baths, a 50-seat theater, gym, pool house, massive formal gardens, a 370-meter running track, tennis court, a gilded ballroom that can fit up to 500 guests, a 3,000 square foot wine cellar complete with a tasting room, a two-story library, dance studio, beauty salon, music room, and a guest house.

The entire home also sits on rollers to protect it during earthquakes. Its 600-foot-long driveway ends in a motor court made entirely of recycled granite from Manhattan, recovered from the sewer system when the City of New York upgraded it.

Taking inspiration from the Palace of Versailles, the Fleur de Lys was commissioned in 1996 by its original owners David Saperstein and wife Suzanne Saperstein, and completed in 2002. Architect Richardson Robertson III, of Robertson Partners, was responsible for the design.

Upon the couple's divorce in 2004, Suzanne Saperstein received the property in the divorce settlement, and in 2006 placed it on the market for $125 million. After about six years in the market, the house sold in March 2014 to an anonymous Norwegian billionaire for $102 million in cash.

Los Angeles' Most Expensive Home Listings

The Most Expensive Homes in Los Angeles (2024)

FAQs

Where are the most expensive homes in Los Angeles? ›

According to the study, Bel Air is the most expensive neighborhood in Los Angeles. The company ranked where the most and least neighborhoods to buy property are, using the Neighborhood Search database to find the average price per square foot data for over 22,000 U.S. neighborhoods.

What is the most expensive place to live in Los Angeles? ›

Most would agree that the neighborhood in Los Angeles with the most expensive homes is considered to be Beverly Hills. It's renowned worldwide for the luxurious properties of the rich and famous Hollywood set. But according to our clients prices in neighborhoods such as Bel Air and Holmby Hills are not far behind.

Why is housing so expensive in Los Angeles? ›

Through zoning regulations and their power in local political contests, homeowners have blocked development, particularly of affordable housing units, experts said, contributing to a lack of housing supply across California, even as the demand for housing continues to grow.

Who owned the most expensive house in LA? ›

You may have heard of fast fashion company Fashion Nova before, but did you know its billionaire chief executive is the owner of the biggest modern home in the US? Fashion Nova founder and CEO Richard Saghian bought The One Bel Air, a 105,000-square-foot megamansion in Los Angeles, in 2022 for $126 million.

Where do most millionaires live in Los Angeles? ›

Malibu. Malibu is a wealthy beachfront city located in Western LA County. It is a popular hotspot for celebrities and millionaires, and it known for its stunning mansions overlooking the Pacific Ocean.

Who bought the $500 million dollar house in LA? ›

The buyer of the Bel-Air mega mansion dubbed 'The One' has been revealed to be none other than Fashion Nova CEO Richard Saghian days after the estate sold well below its asking price at auction.

Where do the rich live in California? ›

Unsurprisingly, California largely dominated GOBankingRate's list. The top city where “the rich are getting richer,” analysts found, was Los Altos, where the average household income exceeded $400,000 in 2022, according to U.S. Census Bureau data. No other city on the list had a household income above $400,000.

What is the cheapest city to live in LA? ›

12 cheapest places to live near LA, according to PropertyClub
  • Lancaster.
  • Palmdale.
  • Pomona.
  • Victorville.
  • Santa Clarita.
  • La Puente.
  • Cudahy.
  • Carson.
Feb 26, 2024

Why is LA so unaffordable? ›

California has one of the highest state tax rates in the country, and this is reflected in the prices of goods and services in Los Angeles. Additionally, the cost of living for employees in Los Angeles is higher than in many other cities due to the high cost of housing and transportation.

How do people in LA afford houses? ›

According to the Redfin study, the income needed to buy a median-priced home in L.A. has soared by 40.7% in one year. In 2021, anyone looking to buy a home in the city of Angels needed to make $157,000 a year. However, now, that same person would need to make $64,000 more, or $221,000, to buy a median-priced home.

Why is Los Angeles unaffordable? ›

Los Angeles is ranked as the second-most expensive city in the US due to factors such as high housing costs, quality of life, and desirability.

Who lives in the biggest house in Los Angeles? ›

The One (Los Angeles)
The One
Coordinates34°05′18″N 118°27′06″W
Construction started2014
Completed2021
OwnerRichard Saghian
11 more rows

Did anyone buy the $500 million dollar house? ›

A Bel Air mega mansion marketed as “America's most expensive residence” sold in a bankruptcy auction on Thursday with a winning bid of $126m, a fraction of its reported original asking price of half a billion dollars.

Who owns the richest house in California? ›

Beyoncé and Jay-Z are now the owners of the most expensive home in California. Celebrities. Details of Conor McGregor's 'extravagant' wedding revealed: Location, date, guest list...

Is Bel Air or Beverly Hills more expensive? ›

Key Takeaways: Beverly Hills claimed the three most expensive neighborhoods in L.A. County. Malibu was home to four of the 10 priciest neighborhoods. Bel Air was most expensive Los Angeles neighborhood, followed by Pacific Palisades.

What is the richest street in Beverly Hills? ›

Rodeo Drive /roʊˈdeɪoʊ/ is a two-mile-long (3.2 km) street in Beverly Hills, California, with its southern segment in the City of Los Angeles, known as one of the most expensive streets in the world.

Where do the rich and famous live in California? ›

Beverly Hills neighborhoods that are popular with celebrities include Trousdale Estates, Beverly Hills Flats, Beverly Park, Mullholand Estates, Benedict Canyon, and Coldwater Canyon.

Is there a $250 million house in Los Angeles? ›

At $250 million, Casa Encantada is the most expensive listing in the L.A. area and is tied with a New York property as the most expensive in the U.S. The penthouse at Central Park Tower, a 1,550-foot-tall megatower on Billionaires' Row, came on the market for $250 million in September.

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