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There’s no reason to settle for a single home on a piece of property when you can create a compound of your very own. They’re not just the dominion of aspiring cult leaders and outlaw biker gangs, because the two most expensive new listings of the week are both being marketed as compounds.
This week’s priciest property is a Hamptons compound with two distinct homes spread over 11 acres. Right on Georgica Pond, both buildings have been touched by the guiding hand of renowned architect Peter Marino. Listed for $140 million, it’s in rarefied air—the compound has only a handful of competitors for the title of the country’s most expensive home.
The runner-up is an L.A. compound comprising a legendary old Hollywood estate along with properties acquired in the ’90s. Marketed as the “Edie Goetz estate,” the main home was built for the daughter of studio boss Louis B. Meyer. The Georgian Revival mansion hosted an array of A-list events over the decades, including the wedding reception of Frank Sinatra and Mia Farrow in 1966.
Cruising past the compounds, we were also introduced to a Florida mansion with two tennis courts, a Hamptons home with a storied past, and a Malibu mansion making a reappearance on the market.
Here’s the full rundown of this week’s priciest properties.
1. 90 Briar Patch Rd, East Hampton, NYPrice: $140,000,000
Luxe factor: Known as Briar Patch, this Hamptons compound first hit the market at the exact same price in November 2014. The 11-acre spread includes a 10,000-square-foot, six-bedroom main house along with a four-bedroom guesthouse. With 1,100 feet of waterfront on Georgica Pond, the main home was designed and built in 1931 by Arthur C. Jackson, the same architect who designed this week’s fourth most expensive new listing.
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2. 300 Delfern Dr, Los Angeles, CAPrice: $79,000,000
Luxe factor: It’s the “Edie Goetz Estate,” built for the socialite daughter of movie mogul Louis B. Mayer in the 1930s. As with this week’s most expensive new listing, this pricey property is also a massive compound. The property next door was purchased by Gary L. Wilson in the ’90s and combined with the classic home to create a single grand estate. Spread over 4 acres in the Holmby Hills, the property also boasts three guesthouses, two swimming pools, and a tennis court.
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3. 1340 S Ocean Blvd, Manalapan, FLPrice: $43,900,000
Luxe factor: Just down the street from the most expensive home in the country, this mansion is available for only a fraction of the $195 million asking price of its larger neighbor. But still! This eight-bedroom estate is absurdly luxurious with frontage on the Atlantic Ocean and Intracoastal Waterway. For tennis fanatics, the property features two courts—a grass court to prep for Wimbledon and a hard court to prep for the U.S. Open. Friends and family can observe the action from the two-story tennis house overlooking the courts.
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4. 121 Further Ln, East Hampton, NYPrice: $38,995,000
Luxe factor: Named Lasata, this elegant estate was designed by Arthur C. Jackson in 1917. It was the summer home of the Bouvier family in the ’20s, and future first lady Jackie Kennedy spent many childhood summers here. Now owned by fashion designer Reed Krakoff, the 10-bedroom main house was fully restored in 2007.
Christie’s International Real Estate
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5. 24860 Pacific Coast Hwy, Malibu, CAPrice: $30,000,000
Luxe factor: Not on the beach, this home on nearly 2 acres of land overlooks the Pacific Ocean below. The six-bedroom stunner has bounced on and off the market; this time it’s in search of a buyer willing to part with $30 million.
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The post Compounds Rule This Week’s Most Expensive New Listings appeared first on Real Estate News and Advice - realtor.com.
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