Carolwood Estates Dominated LA’s Priciest Home Sales in 2025

Carolwood Estates Dominated LA’s Priciest Home Sales in 2025

  • 12/31/25

It may sound like a broken record at this point.

A look at 2025’s nine priciest deals had Beverly Hills-based Carolwood Estates’ fingerprints all over them. Six of the nine transactions had Drew Fenton’s brokerage involved in representing at least one side. That comes off a 2024 where Carolwood was involved in half of the year’s 10 priciest deals.

In 2025, the brokerage can lay claim to being involved in the year’s record sales of The Manor in Holmby Hills and 630 Nimes Rd in Bel-Air. Each of the properties fetched $110 million to make for Los Angeles County’s most expensive closings in 2025.

The Manor, Holmby Hills | $110 million

It turns out 2025’s magic number was $110 million.

The sale of Spelling Manor made for the year’s second trade for that price when it closed in July to tie for the year’s priciest residential sale in Los Angeles County. Carolwood Estates double-ended the deal with CEO and co-founder Drew Fenton the listing agent on behalf of a reported Saudi national. Meanwhile, Carolwood’s Linda May represented the buyer.

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630 Nimes Road, Bel-Air | $110 million

Australian billionaire James Packer was so excited over his purchase of the Le Belvedere residence in Bel-Air that he let slip to a hometown media outlet news of the sale before it officially closed.

The former Crown Resorts chair snapped up 630 Nimes Road in May to make for a 2025 record in LA County, holding the top spot alone until Spelling Manor traded for the same price a few months later. Packer tapped Carolwood Estates’ Drew Fenton to represent himself in the deal. Carolwood’s Stephen Resnick, Jonathan Nash, David Parnes and James Harris represented the Seller. 

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1028 Ridgedale Drive, Beverly Hills | $60 million

What a year for James Packer.

Not only was the billionaire and son of late Australian media mogul Kerry Packer the buyer in a deal tied for No. 1 in Los Angeles County residential for 2025, but he preceded that trade about a month earlier with his sale of 1028 Ridgedale Drive. The April closing marked Beverly Hills’ priciest residential sale of the year.

The property was once a rental for Jennifer Lopez and Ben Affleck. Before that, comedian couple Danny DeVito and Rhea Perlman owned the residence for about two decades before they sold it for $26.6 million in 2015.

Packer enlisted Carolwood Estates’ Drew Fenton to represent him in the sale. Rappaport also represented the buyer.

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391 North Carolwood Drive, Holmby Hills | $57.3 million

A 1920’s Spanish Villa quietly made its way onto the market for the first time in more than 20 years before being sold in one of the year’s pricier transactions.

The sellers were Bradley Bell, executive producer and head writer for CBS soap “The Bold and the Beautiful,” and his wife Colleen Bell, property records show. Colleen held several roles for “The Bold and the Beautiful,” including director of special projects, and was later nominated in 2013 by President Obama to serve as ambassador to Hungary.

The couple sold the home in May to TV and film producer David Zander, according to property and state records.

Carolwood Estates’ Drew Fenton brought the buyer.

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942 North Alpine Drive, Beverly Hills | $51.8 million

Napa Valley in Beverly Hills. That’s what the late architect Howard Backen was going for with Villa Oliva, which nabbed a buyer to become one of the city’s more expensive 2025 trades.

The over 12,000-square-foot estate counts six beds and seven baths, sitting on nearly an acre.

Carolwood Estates’ Linda May held the listing on behalf of a trust tied to Stephen Paul and his wife Nancy Paul. Stephen’s family holds a minority stake in the Pittsburgh Steelers and also founded steel maker Ampco-Pittsburgh.

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11740 Crescenda Street, Brentwood | $44 million

When Milwaukee Brewers minority owner Robert Beyer sold his Brentwood home, nicknamed Ocho Manos, the purchase price was Brentwood’s highest since a $57 million sale in late 2021 at 13058 Rivers Road.

Beyer originally sought $75 million for the 3.5-acre property and then later reduced the listing price a few times, with the most recent cut in June to $54.9 million.

The estate resulted from several parcel transactions and their assemblage  before a new home was designed and built over the course of about five years. It was completed in 2005.

Carolwood Estates’ Drew Fenton and Andrew Beyer, Beyer’s son, were the listing agents.

 

 

 

 

 

 

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