Elizabeth Taylor’s Bel-Air Estate Goes On the Market . The Wall Street Journal

Elizabeth Taylor’s Bel-Air Estate Goes On the Market The estate of Elizabeth Taylor is asking $8.6 million for her home in Los Angeles’s Bel-Air neighborhood. The Hollywood star bought the ranch house in 1981 and lived there until her death in March at the age of 79. The home was “where we all gathered, especially at Thanksgiving and Easter,” Christopher Wilding, one of her sons, said in a statement. “She never entertained the notion of moving.” The roughly 7,000-square-foot home has five bedrooms, a living room with a beamed ceiling and fireplace and an office that was formerly a screening room. The walls of the master bedroom are upholstered in Ms. Taylor’s signature violet. The 1.2-acre property, once owned by Nancy Sinatra Sr., is guard-gated and has a pool. There’s a terraced English garden, a hothouse for orchids and a koi pond with a waterfall.
David Mossler of Teles Properties has the listing. View Article

SOLD: Century City Condo Unit Sells for a Record $15 million

In spite of plunging residential prices across much of the nation, home values in many wealthy enclaves continue to grow. There is so much demand, “well-to-do buyers can’t find good estates on the Westside,” said real estate agent David Mossler of Teles Properties, who specializes in luxury housing sales. Mossler, who represented the buyer in the sale of the unit at the Century, said, “There is no slowdown in demand for quality products.” The previous record price per-square-foot for a Los Angeles-area condo was $1,700 for a unit at Doheny Drive and Sunset Boulevard in West Hollywood, Mossler said. View Article