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.

Photo Credit: Hilton & Hyland

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.

The post Jeff Hyland Talks Real Estate Record Sales In Los Angeles appeared first on Haute Residence by Haute Living.

Previously owned by Aaron Spelling—a.k.a. the most prolific TV writer of all time—the mammoth residence has a whopping 14 bedrooms and 27 bathrooms and sits on a shockingly small swath of 4.7 acres (petite relative to the size of the 56,500-square-foot structure, that is). Under the Spellings' ownership, the grand abode—which happens to be 1,500 square feet larger than the White House, and is easily the biggest home in Los Angeles county—famously boasted a hair salon, multiple gift-wrapping rooms, and a bowling alley.

The 25-year-old British model has since given the property a complete facelift, employing designer/builder Gavin Brodin to style its gigantic interior. Stunt quickly replaced the Spelling's dated European furnishings with far more youthful (and bizarre) furniture and decor pieces, including a Marc Quinn sculpture of twin Pamela Andersons in bikinis, a coat of arms designed by her decorator, and a gargantuan tank filled with tropical fish.

The eclectic fashionista also installed a spa complete with a massage parlor, three hair stations, and two mani-pedi chairs, and transformed her basement into a nightclub-type space. Not surprisingly, it took a jaw-dropping 500 workers to bring her design vision—conceptualized within just three weeks, and fully installed within nine—to life.

Photos and details courtesy of the LA Times and Curbed

The post Formula One Heiress Petra Ecclestone Stunt’s L.A. Mansion Touts a $150 Million Price Tag appeared first on Haute Residence by Haute Living.