"The shingled two-story in the Palisades Riviera neighborhood came to market in January for $26.95 million and was more recently listed for sale at $23.595 million. Records show that the property previously sold three years ago for $6.7 million. Sited on close to an acre, the 10,4000-square-foot home is reached by a gated drive and has a cobblestone motor court."
"Fronting nearly 260 feet of coastline, the 2-acre estate features a ranch-style bungalow with three bedrooms and three bathrooms in more than 1,200 square feet of living space. Among features of note are vaulted ceilings, clerestory windows and an updated kitchen with a breakfast bar. The master suite has walls of windows and French doors that open to a flagstone patio."
L.A. County's luxury real estate market saw significant activity in late May with multiple high-value transactions. A Pacific Palisades home on San Remo Drive sold for $22.375 million to an LLC connected to financier Jason Subotky. The 10,400-square-foot property, situated on nearly an acre in the Palisades Riviera neighborhood, features a gated entrance, cobblestone motor court, floating glass staircase, dual fireplaces, and extensive grounds with gardens and pool. The property had appreciated substantially since its $6.7 million sale three years prior. In Malibu, a historic beachfront estate formerly belonging to Disney Productions president Donn Tatum sold for $14.25 million, featuring 260 feet of coastline, ranch-style architecture, and direct beach access.
Read at Los Angeles Times
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