A massive spec house in Calabasas has sold for $30 million, according to the local multiple listing service. The deal sets a sales record in the celebrity-filled Southern California city, local real-estate agents said.
The sale is the most expensive to date in the San Fernando Valley, the people said. Previously, a house in Hidden Hills, another city in the Valley, sold for $22.2 million in 2019, according to public records.
Kim Kardashian purchased a Hidden Hills mansion for $19.75 million in 2014, according to records. Khloe Kardashian sold her Calabasas home for $15 million last year, according to records.
The most recent sale was a roughly 22,000-square-foot house built by developer Michael Palumbo, according to the listing. It has eight bedrooms, a guesthouse and a poolside casita.
It went on the market in October asking $37.999 million, according to Zillow. The price was later dropped to $34 million.
Tomer Fridman of the Fridman Group at Compass and Brendan and Rayni Williams of Beverly Hills Estates had the listing.
Write to E.B. Solomont at EB.Solomont@wsj.com
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August 11, 2021 at 04:40AM
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In Celebrity-Filled Calabasas, a Huge Spec Home Sells for a Record $30 Million - The Wall Street Journal
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