Done Deal: Carolwood, Close $110M Bel-Air Deal

Done Deal: Carolwood, Close $110M Bel-Air Deal

  • Real Deal
  • May 6, 2025

It’s a done deal. Former Crown Resorts chair James Packer’s $110 million purchase of a Bel-Air estate on Nimes Road has officially closed, The Real Deal has learned, making it Los Angeles County’s priciest deal so far this year by a big margin.

The deal was official as of Tuesday afternoon, according to a document on the sale reviewed by TRD

Carolwood Estates co-founder and CEO Drew Fenton and Westside Estate Agency co-founder Kurt Rappaport represented Packer in the deal.

Meanwhile Carolwood Estates’ Stephen Resnick, Jonathan Nash, David Parnes and James Harris represented the seller.

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Story courtesy of The Real Deal

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