Special offer

$125,000,000 Property For Sale - 766 days on the market and counting

By
Real Estate Agent with COMPASS DRE# 01339266

Fleur De Lys - "The Finest Estate in America. Available by appointment to pre-qualified clients only. The property has 12 bedrooms, 15 baths, guest house on a 5.01 acres." Situated at 350 N Carolwood Drive, Los Angeles, CA 90077 - Bellair.

That's all the information provided on the CLAW MLS for this extraordinary property that is co-listed by Hilton & Hyland & Coldwell Banker.

I do not have clients looking for such a property, but I was neverthless curious to watch the progress of this mind-boggling listing. As of May 17th 2009 it's has been listed for 766 days and according to it's listing hostiry, there's been no change in the List Price, and it hasn't been in escrow.

At $125,000,000 it sounds "reasonable" compared to Candy Spellings house which has a price tage of $150,000,000.

Photgraphs: Courtesy of the CLAW MLS

Comments(18)

Jason Crouch
Austin Texas Homes, LLC - Austin, TX
Broker - Austin Texas Real Estate (512-796-7653)

Darn!  If only it had 13 bedrooms, I might be able to make it work.  :)

May 17, 2009 03:37 AM
Steve Shatsky
Dallas, TX

Hi Stewart... Wow!  What a property!  I looked at this post and all I kept thinking was "I wonder if the draperies and dining room chandelier are excluded from the sale?"  LOL.

May 17, 2009 03:38 AM
COMPASS PALM SPRINGS | Stewart Penn
COMPASS - Palm Springs, CA
COMPASS Palm Springs - Broker Associate

Jason - If you need additional bedrooms, we could always look at the Spelling mansion:)

Steve - As an astute negotiator, I'm confident I could have them included in the sale if you wrote a good offer!

May 17, 2009 03:45 AM
TIM MONCRIEF
Tim Monciref - Austin, TX
Over 2,000 homes sold…..

As my 5th grade teacher tried to tell me, it makes a big difference where you put that decimal point.

May 17, 2009 04:12 AM
Richard Weeks
Dallas, TX
REALTOR®, Broker

You could buy this one near Dallas for $65,500,000 it come with 100 acres

May 17, 2009 06:13 AM
COMPASS PALM SPRINGS | Stewart Penn
COMPASS - Palm Springs, CA
COMPASS Palm Springs - Broker Associate

GULP:) .... did you say 100 acres?

May 17, 2009 03:02 PM
Ann Heitland
Retired from RE/MAX Peak Properties - Flagstaff, AZ
Retired from Flagstaff Real Estate Sales

Dallas always thinks too big! I'd go for the one in LA if I had the choice. But the house-keeping bill might break me.

May 17, 2009 05:14 PM
Maria Morton
Platinum Realty - Kansas City, MO
Kansas City Real Estate 816-560-3758

Stewart, surely they must be advertising elsewhere with this tremendous mansion. Looks like a great house to go roller blading!

May 17, 2009 06:15 PM
Lorinda Ward
Keffer Realty - Norfolk, VA
Serving, Hampton Roads Virginia. Norfolk, Chesapeake, Va Beach

WOW!!!  15 bath rooms, my jaw just dropped.  Amazing! 

Have a great and successful day!

May 17, 2009 06:22 PM
Andrew Rosenblatt
Andrew Rosenblatt Realty - Tarzana, CA
Local Expert Real Estate Broker

Wish that was my estate!   Someday, someday.

 

Andrew Rosenblatt

www.RosenblattFinancial.com

May 17, 2009 06:28 PM
Janna Scharf
Keller Williams Realty Coeur d'Alene - Coeur d'Alene, ID
Coeur d'Alene Idaho Real Estate Expert

It is amazing to think of the lifestyles of the uber rich.  Yet as we all know, they have their financial troubles just like the rest of us.  It's all relative.

May 17, 2009 08:03 PM
Chad Janusa, MBA - New Orleans Real Estate
Metairie, LA

A commission on a property like that, and I might be able to take a few years off!

May 18, 2009 12:23 AM
Sasha Miletic - Windsor Real Estate
RE/MAX Preferred Realty Ltd. - Windsor, ON

Hi Stewart, Good post. Thanks for sharing.

Best - Sash

May 18, 2009 01:59 AM
Chad Baird
Re/Max Spirit - Dayton, OH

Im with Jason, for 125M I would expect more than 12 Bedrooms.  I've seen the inside of the Spelling Mansion (On TV), that is an inpressive house as well.  I like that Dallas listing as well, but 100 acres would take me way to long to mow. 

I'm still looking for a buyer for the Spelling House.  Hopefully I can call you one day to refer a buyer to you. 

May 18, 2009 04:32 AM
Jim & Maria Hart
Brand Name Real Estate - Charleston, SC
Charleston, SC Real Estate

I wonder what would happen if that house ever went into foreclosure?  It's obvious that they aren't super motivated to sell, so hopefully that's not an issue.

May 18, 2009 04:48 AM
COMPASS PALM SPRINGS | Stewart Penn
COMPASS - Palm Springs, CA
COMPASS Palm Springs - Broker Associate

Chad - Call me anytime 24/7 :)

May 18, 2009 05:18 AM
Anonymous
Mary LaRue

YUCK! I would get bored real fast with this structure, just as I have with all of the other supposed great things that money can buy in life. Sometimes simplicity is the key to happiness, in the end.

Jun 27, 2009 09:56 AM
#17
Anonymous
J. Purdy

Keep dreaming Rosenblatt....

Jun 28, 2009 05:10 AM
#18