Jessica Biel and Justin Timberlake

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Grammy winning singer Justin Timberlake has delved into film entertainment in recent years and has now made news in the real estate world. The popstar purchased a nearly 10-acre property in the residential area of Hollywood Hills, Los Angeles in 2002 for $8.3 million. Ten years later, Timberlake married actress Jessica Biel and the duo have two children together. Additionally, the celebrity couple owns further properties in New York City, Montana, and Tennessee although, reportedly, have been spending less time in Los Angeles. This has presumably led them to listing their Hollywood Hills abode on the market. The expansive compound has been offered at a whopping price of $35 million.

Timberlake and Biel’s former residence has a history of acclaimed owners. In the 1940s, Golden Age actor Errol Flynn allegedly used the space to build a compound with hidden passageways, peepholes, and two-way mirrors, according to the book “Errol Flynn Slept Here” by Robert Matzen and Michael Mazzone. Later, American actress Helen Hunt built a house on the roughly 3-acre property that she sold to Timberlake in 2002. Timberlake then purchased an additional 7-acre lot behind the primary residence for further privacy.

Resting on an expansive 10-acre lot, the Spanish style villa serves as the primary residence spanning approximately 13,000 square feet with seven bedrooms. The gated estate offers luxe amenities fit for a star with a screening room, gym, tennis court, separate guesthouse, and outdoor entertaining space with a wooden ceiling patio wrapping around the house. Stepping outside, the exterior presents a hot tub overlooking the San Fernando Valley and a swimming pool running the entire length of the home before spilling into a separate plunge pool. Furthermore, the lush lawn highlights large rolling greens and a charming vegetable garden unique to the Hollywood Hills landscape.

Justin Paul Huchel and Drew Fenton of Hilton & Hyland represent this property.

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Nicole Richie

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American television personality Nicole Richie, adopted daughter of Lionel Richie and Karen Moss, rose to fame in the early 2000s with the reality series “The Simple Life.” Throughout her teenage years, Richie became synonymous with thousand-dollar outfits, and a highly publicized and glamorized lifestyle alongside her childhood friend and socialite Paris Hilton. In 2010, Richie married Joel Madden of Good Charlotte and is the mother of two children, Harlow and Sparrow Madden. Now, Richie primarily concentrates on her role as creative director at lifestyle brand House of Harlow 1960.

On May 26, the celebrity couple sold their Beverly Hills abode to renowned musical artist Adele. Reportedly, Adele purchased several Bel Air properties with the intent to create a private compound. Richie and Madden’s 5,515 square foot former home was settled at a price of $9.95 million. However, the news that was not reported at the time was on May 13 when Richie had already closed another deal on an even larger Beverly Hills mansion for a $10.15 million.

Built in 1987, Richie and Madden’s newfound 6,100-square-foot space has been recently redesigned by married duo and SIMO Design co-founders Sam Gnatovich and Alexi Rennalls. The five bedroom, six bath residence was inspired by historical Parisian architecture and the Chanel flagship store in Paris. Stepping inside, the home opens to an elegant curving stairway to contrast its box like exterior structure. Distinctive design features include immense pocket doors and clean lines combined with more traditional crown molding. Throughout the home, marble serves as a key element from the kitchen island to the bath to various fireplaces around the property. Stepping outside, the 0.36-acre exterior presents a pool, hot tub, lush landscape, and mature olive trees shading the comfortable lounge area.

Drew Fenton of Hilton & Hyland served as the listing broker while Brett Lawyer of Hilton & Hyland served as the buyer’s agent in this deal.

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Photo Credit: Hilton & Hyland

Nine-digits. Not eight, not seven, but nine. Nine whole digits. Having represented our clients on four $100 Million+ sales over the last three years has been a major honor.

Jeff Hyland, President of Hilton & Hyland, believes LA continues to be the outright leader in the luxury real estate market. “Los Angeles has become the Blue-Chip Art of real estate," Hyland said, and Hilton & Hyland continues to lead the ultra-luxury market.

Maybe the most noteworthy of our nine-digit sales was the record-breaking sale of the Playboy Mansion. The Mansion was one of the most famous homes in the world as Hugh Hefner touted his estate as the premiere party destination for decades. Famous for a plethora of reasons, the sale of the Playboy Mansion in 2016 was exceptionally notable because it launched Los Angeles real estate into the nine-digit-tier for the first time. Drew Fenton and Gary Gold of Hilton & Hyland were the listing agents on this record-breaking $100-million deal.

As the priciest home on Malibu’s famous Billionaire’s Beach, a $110-million off-market transaction set a new Los Angeles County record in 2018. Wrapped in resonant teak wood, the Richard Meier-designed beachfront home of the founder of the Hard Rock Café and Casinos offered seven bedrooms, nine bathrooms, and wrap-around balconies with incredible ocean views within its 8,000-square-feet of living space. Branden and Rayni Williams of Hilton & Hyland were the listing agents.

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Hilton & Hyland is synonymous with securing record sales and The Manor was no different. Made famous by Aaron and Candy Spelling, The Manor was originally sold by Rick Hilton and Jeff Hyland of Hilton & Hyland in 2011 for $85-million. Rick Hilton and David Kramer of Hilton & Hyland represented the buyer, Formula One heiress Petra Ecclestone. The Manor sold again in the summer of 2019 for $119.75-million by Ecclestone who revamped the estate after her original purchase. As one of the most grand and private residences in the world, even larger than The White House, the 56,000-square-feet masterpiece laid on nearly five-acres of rare flat land that bordered the LA Country Club. A winding driveway lead to a circular motor court with a fountain and space for 100 cars. Jeff Hyland of Hilton & Hyland represented the buyer.

Photo Credit: Hilton & Hyland

Last, but certainly not least, was the $150-million sale of Chartwell (also known as The Beverly Hillbillies Estate) to Lachlan Murdoch, the executive chairman and CEO of the Fox Corporation.  The late Jerrold Perenchio, former Univision chairman and CEO, was able to take the original property and expand it over time into 10.39 incomparable acres in the heart of Bel-Air. The main residence was originally designed by Sumner Spaulding in 1930 with a timelessly elegant exterior of symmetrical cut limestone in the French Neoclassical style. Offering panoramic views from downtown to the Pacific Ocean, Chartwell showcased a rare combination of extensive grounds and powerful jetliner views. Rick Hilton, Jeff Hyland, Drew Fenton and Gary Gold of Hilton & Hyland were the listing agents, while Drew Fenton alone represented the buyer.

As Los Angeles continues to set new records with an increase in nine-digit sales, Hilton & Hyland remains the leader in conducting the highest level of residential deals.

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