‘Million Dollar Listing: Los Angeles:’ This Is the Most Expensive Home the Agents Have Ever Sold
It’s called Million Dollar Listing for a reason: The homes are some of the most exclusive estates to ever hit the market. And on Million Dollar Listing: Los Angeles, it’s not uncommon to see homes priced close to $20 million. But every now and then, the agents receive a listing that stretches far beyond the standard price point. And one home price broke records back in 2019.
‘Million Dollar Listing: Los Angeles’ features California’s priciest pads
On the most recent season of MDL: LA, five agents continue to dominate the Los Angeles real estate market. Josh Flagg, Josh Altman, Tracy Tutor, David Parnes, and James Harris are constantly striking deals for homes worth millions. Altman and his brother, Mike Altman, even managed to sell of one Beverly Hills’ most unique estates: a castle formerly owned by former Real Housewives star Carlton Gebbia. Plus, Tracy Tutor recently gained access to a massive real estate portfolio with properties totaling up to $500 million.
One listing in 2019 sold for $120 million
Individually, the majority of homes on the show sell for somewhere between $10 million and $20 million. But every now and then, a massive estate comes along with a price tag that towers above the rest. And in 2019, Parnes and Harris’ $120 million listing officially became the priciest piece of real estate to ever be sold in the LA area.
Despite its caliber of luxury, the listing, known as The Manor, wasn’t actually featured on MLD: LA. Parnes and Harris were two of several agents involved in the sale, and it goes without saying that, had Bravo been filming, the home would have been featured. Bravo reported the estate was originally built for Aaron Spelling and his wife, Candy, and it last belonged to Petra Ecclestone, the daughter of Formula 1 Billionaire Bernie Ecclestone. The home, which boasts 56,000 square-feet of living space (that’s larger than the White House, by the way) has 14 bedrooms, 27 bathrooms, a bowling alley, a spa, and more.
Other expensive properties have been showcased on the series
Though The Manor wasn’t featured on MLD: LA, there have been other immaculate properties highlighted by the Bravo show. In season 12, Tracy Tutor received a listing worth $75 million, and its developer had a portfolio with homes that would go on the market for as much as $100 million. In a similar episode, Josh Altman and Josh Flagg took a $30 million listing, known as The Razor House, which eventually sold to Alicia Keys for $21.8 million.
Tutor was also listed as U.S. ambassador to Dubai’s Royal Atlantis Residences, which featured 795 rooms and suites, and 231 luxury apartments. The potential commission on the building was in the millions. Tutor revealed that selling only 10% of the building would earn her between $5 million and $10 million.
The agents have sold billions in property to date
The MLD: LA stars know how to sell real estate. The agents have sold billions of dollars in homes to date, with Josh Flagg leading the pack with more than $2 billion in sales since breaking into the LA real estate market when he was a teenager.
In 2019, The Hollywood Reporter released its list of the top 30 LA real estate agents, and the Altman brothers, Flagg, Parnes, and Harris all made the list.
