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$40 Million Santa Monica Dirt

Posted by John Hathorn on August 31, 2017
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Have you heard? There have been 2 monstrous sales that have closed this summer in the 90402 marketplace. Perhaps  the 90402 zip code will become just as notable as our neighboring Brentwood Park 90049.

The talented creator of “Modern Family” Steve Levitan, sold his Santa Monica estate located at 859 Woodacres Drive, in a private sale for $41,082,000. The Levitan’s purchased the one acre lot of land for $8.6M in 2012 and built a beautiful custom 10,000 square foot home overlooking the Riviera Country Club with a ten-car parking garage and impeccable landscaping. Not many people have been lucky enough to have seen this property but those who have rave about the quality and exquisite features. Some have said it is the finest home they’ve ever seen. Built for themselves, and now sold due to a change in marital status.

Another expansive 23,515 square foot home sold at 1525 San Vicente Boulevard it also overlooks the Riviera Country Club on over 1.3 acres of land, this just closed for $31,000,500. The seller is the famous investor/billionaire Thomas J. Barrack Jr. of Colony Capital Partners. Tom purchased the property in 2014 for $24,500,000.This luxurious estate features an exquisite 5,000 square foot garage, motor court that can park up to 30 cars, a library, home theater, an indoor half-court for basketball, spa facilities and security room. As well as a stunning kitchen with Calcutta gold marble countertops and an additional catering kitchen. This San Vicente home is also located next door to the award winning producer’s, Brian Grazer, property.

One new listing came to the market:

1427 Georgina AvenueModern Architectural built in 2010 by Buzz Yudell and his wife Tina Beebe. 4 bedrooms and 3.5 bathrooms approximately 5,243 square feet. Backyard with lap pool, spa and translucent canopies. Listed for $7,395,000! Last sold April 24, 2015 for $6,800,000.


No new sales last week.


No closed MLS sales to report:


Call me for a couple of upcoming attractions that are not yet listed in the MLS, priced from $1.9 million to $16 million.  And….here are a few that we have listed in the MLS:

238 19th Street– 5 bedrooms and 6.5 bathrooms $6,495,000

621 21st Place – 4 bedrooms and 4.5 bathrooms $4,550,000

426 Mesa Road – Vacant Land, $1,440,000

1717 S. Barrington Avenue #101 – 4 bedrooms and 3.5 bathrooms $1,395,000

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