Big home, big deal: The Manor in Holmby Hills sets an LA County price record at $119.75 million
LOS ANGELES - Los Angeles' ailing luxury real estate market just received a shot in the arm: The Manor, a 56,500-square-foot chateau in Holmby Hills, has sold for $119.75 million - the highest home price in Los Angeles County history.
The astronomical sale closed Tuesday, according to the Multiple Listing Service. It represents another notch in the belt for the county, which saw its price record shattered last year by the $110 million deal for Hard Rock Cafe co-founder Peter Morton's Malibu beach house.
It's the fourth sale of $100 million or more in L.A. and the third in Holmby Hills, which saw two record-setting sales of $100 million in 2016: deals for the Playboy Mansion, and for a nearby mega-mansion built on speculation.
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