November 10, 2013 |
This Cape Cod-style estate on the water at Lake Arrowhead makes the most of its unobstructed lake and mountain views from all three stories. An 8,000-square-foot showroom garage features a vehicle turntable, slate floors and room for 22 cars. Location: Shorewood Drive, Lake Arrowhead 92352 Asking price: $15.9 million Year built: 2007 House size: 11 bedrooms, 17 bathrooms, 16,000 square feet Lot size: 15,480 square feet Features: High ceilings, open floor plan, five fireplaces, wine-tasting room with 1,200-bottle storage, wet bar, two den/game rooms, office, playroom, gym, home theater, bunk room, two elevators, studio, multiple decks, boathouse, two docks, split-granite sea wall, shuffleboard court About the area: In the first half of the year, 249 single-family homes sold in the 92352 ZIP Code at a median price of $273,000, according to DataQuick.
November 4, 2013 |
Irvine builder TRI Pointe Homes plans to combine with Weyerhaeuser Real Estate Co. in a deal pegged at roughly $2.7 billion, giving the Orange County firm a nationwide stake in a recovering housing market. The deal greatly expands TRI's footprint - until now focused in California and Colorado - into markets it sees as poised for long-term growth, including Phoenix, Washington, D.C, Richmond, Va., Houston, Las Vegas, Tucson and the Seattle region. The merger, announced Monday, transforms the Irvine firm into one of the nation's 10 largest home builders based on estimated combined market value, TRI said.
CALIFORNIA | LOCAL
November 3, 2013 |
SANTA BARBARA--Perched on a rock, steps away from the gentle waves licking at the shore, 20-year-old Michael Jimenez allowed his eyes to wander up an oceanfront cliff, to a majestic estate nestled in a grove of cypress and eucalyptus trees. He shuddered. For decades, mystery has shrouded the manor known as Bellosguardo, where every blade of grass seemed to be in place, but no one ever seemed to be home. Among young people like Jimenez, who grew up here, there were whispers about an abandoned orphan, about spirits from the nearby cemetery.
November 3, 2013 |
The show's over. Madonna has sold her mansion in Beverly Hills for $19.5 million. The single MLS listing photo offered only an aerial view, and agents and their clients who toured the home were among the few who have had a look inside. Those expecting the gabled-roofed home to have a gothic air were disappointed. "Tastefully decorated" was the word in real estate circles. During nearly a decade of ownership, the pop icon went on a spending spree, rebuilding and expanding the estate, which was completed in 2010.
October 30, 2013 |
Actress Drew Barrymore and her husband, art consultant William Kopelman, have sold the Montecito estate where they were wed for $6.35 million. The 1937 traditional-style house sits on more than two acres with mature trees, lawns and a cupola-topped guesthouse. A gravel motor court leads to the brick entry terrace of the 6,258-square-foot house. Features include a foyer with staircase, a paneled living room, a library-study, six bedrooms and 7.5 bathrooms. Barrymore, 38, gained recognition for her role as Gertie in "E.T.
October 30, 2013 |
When he heard about a shake-up at company headquarters, Mark Sprague got a knot in the pit of his stomach. It wasn't his executive job that was at stake at the international real estate brokerage CBRE Group Inc. It was his spacious office of 11 years, his cherished file cabinets and his trophies. They all had to go. Sprague and everyone else in the company's 200-person office were given no choice by management. Everyone was to be part of an experiment to create the company's first completely "untethered" office in the United States where employees roam freely.
October 29, 2013 |
CBRE Group Inc., the world's largest commercial real estate brokerage, turned a $94-million profit in the third quarter of this year led by growth in lease activity in the United States and the overall real estate recovery in Europe. The Los Angeles firm said Tuesday that income from arranging transactions to buy or rent space in offices, warehouses and other commercial properties helped revenue increase 11% from the third quarter last year to $1.73 billion. Revenue from brokering property sales was up 29% over the same period.
October 27, 2013 |
A glass-enclosed atrium sits inside the entrance of this contemporary-style house set on one-and-a-half park-like acres near Pasadena's Langham Huntington hotel. Mature trees, flowering gardens, an orchid greenhouse and winding paths are among features of the grounds. Location: 1446 Hillcrest Ave., Pasadena 91106 Asking price: $5.8 million Year built: 1966 Architectural firm: Hunter & Benedict, Architects House size: Five bedrooms, five bathrooms, about 6,000 square feet Lot size: 1.47 acres Features: Living and family room fireplaces, wet bar, swimming pool, rose gardens, stamped-concrete driveway, motor court, mountain views About the area: In the first half of the year, 60 single-family homes sold in the 91106 ZIP Code at a median price of $1.075 million, according to DataQuick.
October 26, 2013 |
If you think you don't like off-dry Riesling, open up a bottle of this lovely floral Riesling from a Mösel estate that goes back to 1177 and has been owned by the same family since 1804. The 2011 Mönchhof Riesling's honeyed sweetness is balanced by a racy acidity and an earthy minerality. A touch of bitterness pulls it all into focus. The more you keep drinking, the more you'll find in the glass: white peaches, honeysuckle. And this Mösel Riesling is a great value. Open a bottle to accompany a fiery chicken or beef larb . It goes with Thai or any spicy Asian cuisine too. I'd try it with lobster or grilled prawns, and with Chinese noodle dishes.
October 17, 2013 |
Heidi Klum is the buyer of the Sherman Oaks estate sold by Ed Weinberger, one of the creators of "The Cosby Show," and his wife, television actress Carlene Watkins, The Times has confirmed. The model/actress spent $9.875 million on the home in a gated Los Angeles community. The red-brick Georgian-style mansion sits on 5 acres that take in canyon, mountain and San Fernando Valley views. Features of the custom home, built in 2000, include a two-story entry with a sweeping staircase, herringbone-patterned wood floors, a media room with a bar, two offices, a library, a wine cellar and a gym/dance studio.