The Monterey Revival-style home at 14924 Camarosa Drive closed for $22.1 million, or $2,635 per square foot, setting the neighborhood's highest sale this year. A second nearby property at 14929 La Cumbre Drive sold for $5.3 million, bringing the combined transaction to $27 million. Entities managed by Michael Cohen sold both properties. Carolwood Estates' The Advisory team represented the seller, and Berkshire Hathaway HomeServices' Larry Young represented the buyer, who was described as a local owner-user. The Parry Residence was built in 1929 by architects George Elmore Gable and Stanley Wyant and is listed on the National Register of Historic Places. The 7,355-square-foot main house sits on a 25,000-square-foot double lot and includes seven bedrooms, nine bathrooms, a pool house, screening room and an 800-bottle wine cellar.
The Parry Residence, named after Agnes S. Parry for whom it was commissioned, was built in 1929 by Beverly Hills Women's Club architects George Elmore Gable and Stanley Wyant. The Camarosa Drive home was the second-ever to be built in the Palisades' Huntington neighborhood. A year later it landed in the pages of Architectural Digest. The home's history helped woo buyers, Alan-Lee said.
The property is listed on the National Register of Historic Places and comes in at 7,355 square feet, sitting on a 25,000-square-foot double lot, with seven bedrooms and nine bathrooms. The pool house spans a little over 1,000 square feet. Highlights include coffered ceilings, custom oak cabinetry, a Juliet balcony in the primary suite, screening room and 800-bottle wine cellar.
The Monterey Revival-style home at 14924 Camarosa Drive is the Palisades' most expensive home this year, after closing for $22.1 million, or $2,635 per square foot. That bests the previous record price set at 814 Toulon Drive, which sold in April for $20 million, or $2,498 per square foot. The same buyer snapped up a second property, at 14929 La Cumbre Drive, for $5.3 million, or $1,813 per square foot.
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