Never mind the glamorous addresses and eye-watering prices. If there’s one takeaway from Los Angeles’ most expensive residential deals, it’s that 2024 was the year of Carolwood Estates.
The Beverly Hills boutique brokerage — started in late 2022 by Hilton & Hyland alumni Drew Fenton and Ed Leyson, along with Nick Segal — participated in half of this year’s top 10 deals.
Elsewhere in the market, and not surprisingly, Westside Estate Agency’s Kurt Rappaport turned up in 2024’s priciest transactions, including the No. 1 deal that set a new state record in May.
312 North Faring Road, Los Angeles | Lapro Property | $65 million
Nick Molnar, co-founder of buy-now-pay-later provider Afterpay, plunked down $65 million for a Holmby Hills manse named after comedian Fanny Brice.
Property records show Lapro Property bought the nearly 19,000-square-foot home. That entity was linked to Molnar after it sold a Century City penthouse in 2023 to Rihanna for $21 million.
The “Funny Girl” Estate was purchased from British singer Robbie Williams in an off-market deal. Williams moved into the property in 2022, after paying $49.5 million.
Carolwood Estates’ James Harris and David Parnes represented both sides in the deal.
The Georgian-style house, designed by architect Oscar Shamamian counts seven beds and 11 baths. It’s double gated with a spiral staircase anchoring the two-story entry, wine cellar, butler’s pantry, tennis court, koi pond, gardens and fitness center.
24186 Case Court, Malibu | Malibu Case | $61 million
The spec mansion sitting on a bluff overlooking Malibu Colony Beach became the city’s largest residential deal in 2024 when it closed in July.
The home with more than 10,500 square feet, named The Edge, was the first to sell in Unvarnished developer Scott Gillen’s The Case community. Gillen’s ultra-exclusive residential tract includes homes between 9,500 square feet and 12,000 square feet.
Property records show the buyer was a Chandler, Ariz.-based limited liability company called Malibu Case.
Carolwood Estates’ Cooper Mount was the buyer’s agent, while The Agency’s Sandro Dazzan, Paul Lester, Daniel Stevenson and Aileen Comora had the listing.
The Edge has five beds and eight baths. Highlights include 13-foot ceilings, a 75-foot infinity pool, a 10,000-square-foot wraparound deck, a 500-square-foot terrace for the primary suite and an 800-bottle wine room.
320 Saint Pierre Road, Los Angeles | 320 SPR | $39 million
Old Bel-Air’s priciest home sale of the year came with its own vineyard.
Located in the East Gate part of Bel-Air, known for its large lot sizes, the 1920s home traded for $39 million. It sits on nearly an acre with an addition designed by architect Paul Williams and features eight beds and 11 baths. There’s a 1,800-square-foot guest home, separate movie theater, two laundry rooms, screening room and a 600-square-foot attic balcony, according to the listing notes.
Carolwood Estates’ James Harris and Maria Hellmund represented the seller, which property records show as a Miami limited liability company. Christie’s International Real Estate Southern California’s Weston Littlefield and Alex Howe represented the buyer, which records list as a Los Angeles-based LLC.
1006 North Roxbury Drive, Beverly Hills | Fred and Susan Kunik Trust | $37 million
A check-cashing executive made the move into a Beverly Hills mansion designed by the king of megamansions, Richard Landry, in June.
The buyers were Fred and Susan Kunik. Fred is CEO of Santa Ana-based Continental Currency Services.
The five-bed, 10-bath home, which property records show was sold by the Alipour Family Heritage Trust, was originally listed for $45 million in 2021.
The buyer’s agent was Carolwood Estates’ Drew Fenton, while the seller was represented by Christie’s International Real Estate Southern California’s Aaron Kirman, Kirby Gillon and Bryce Lowe.
The more than 20,000-square-foot residence has five beds and 10 baths. Amenities include a 400-bottle wine room, staff suite, video room, a garage that fits more than a dozen cars, 54-foot pool and fountains.
Copa de Oro Road, Los Angeles | H. Roger Wang and Vivine Wang | $36M
A Bel-Air mansion traded from one billionaire to another in a $36.4 million deal that rounded out 2024’s priciest purchases.
An entity with ties to AfterPay co-founder Nick Molnar sold the six-bed, eight-bath home to H. Roger Wang and his wife Vivine Wang, according to property records. Wang helms China-based mall and office developer Golden Eagle International.
Carolwood Estates double-ended the deal. The brokerage’s James Harris and David Parnes represented the seller, while Linda May represented the buyer.
The home with more than 10,600 square feet has a two-story foyer, theater, gardens, pilates studio and security room.
