Highest sale in San Fernando Valley history
August 11, 2021 | Source: Compass California Real Estate Blog
Represented by Tomer Fridman of Compass, a newly constructed, one-of-a-kind retreat in the prestigious Estates at The Oaks of Calabasas is the highest sale in the history of the San Fernando Valley, including the celebrity enclaves of Calabasas and Hidden Hills.
“The sale is the most expensive to date in the San Fernando Valley,” Wall Street Journal reported. “Previously, a house in Hidden Hills, another city in the Valley, sold for $22.2 million in 2019, according to public records.”
Sold at $30,000,000, the striking residence at 25354 Prado De La Felicidad features five star amenities including a modern wine room, wellness spa, basketball court, putting green, 10-car garage, an elegant theater and an infinity-edge pool backdropped by alluring vistas.
Conceived by Michael Palumbo Design, the 8 bed, 14 bath tri-level home, landscaping, hardscaping, and interior design demonstrate impeccable craftsmanship and opulent finishes, from the slate roof to the lime-based plaster stucco.
Spanning approximately 22,000 square feet of grandeur and emphasizing an outdoor connection, the sprawling sun-splashed residence includes eight en suite bedrooms with walk-in closets, a maid’s quarters with separate entrance, and a chic casita.
Michael Palumbo meticulously designed the interior with bespoke furnishings imported from Italy, lustrous marble hand-selected from Italy, wood floors by Virtu of New York, and top-tier Italian cabinets throughout.
With over $3 billion in career sales, and breaking the $500 million mark for closed sales in a single year, Tomer Fridman continues to be ranked as one of America’s Best Real Estate Agents by Wall Street Journal/Real Trends. Additionally, a Celebrity & Luxury Real Estate expert, Tomer has been named multiple times as one of the countries Showbiz Real Estate Elite and Hollywood Power Broker to the entertainment industry and Hollywood A-listers by The Hollywood Reporter and Variety. Together with Isidora Fridman, The Fridman Group specializes in exclusive representation of luxury properties, celebrity homes, land and development opportunities and architecturally significant properties across Los Angeles and the world.
The property was co-listed with Rayni Williams of The Beverly Hills Estates.
Photo Credit: Luxury Level