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
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.
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.
