Week’s Top Residential Sale – 11459 Bellagio Rd.

$18.5 million — Bel-Air

A European Villa-inspired estate in the 11000 block of Bellagio Road sold for $18.5 million, down $495,000 from the 2014 asking price, but up from the previous sale price of $2.9 million in 1999. Accessed by a winding drive, the 1.67-acre property is highlighted by a five-bedroom main house, a five-bedroom guest/pool house, two swimming pools, a grotto-style spa, a racquetball court and a gym.

Embellished with gilded finishes, hardwood and marble flooring, the main house has a two-story entry, grand formal areas, a chef's kitchen with aquarium and an elevator. In all, there are 10 bedrooms and 12 bathrooms in 17,340 square feet of space between the main house and guesthouse.

David Kramer of Hilton & Hyland, an affiliate of Christie's International Real Estate, was the listing agent. Faye Bogari of Bogari Realty represented the buyer in the sale.

Read LA Times article here.

David Kramer