![]() Located in “the most exclusive guard-gated community in Los Angeles,” it is accessed by its own private street. With over 9 acres across three lots, the Italianate village was billed as “the largest assemblage in North Beverly Park.” So what did the winner acquire? Little Italy in 90210 We accomplish our sellers’ goals of speed and control, while delivering liquidity at a market-driven price,” added Brady. “The Concierge Auctions model identifies buyers and creates competition, which identifies value. “Villa Firenze in Beverly Hills is the most expensive house ever sold at auction, and a fourth consecutive world record for Concierge Auctions,” says Laura Brady, the co-founder and CEO of Concierge Auctions.įor a property with no obvious comparables, an auction serves to unlock a home’s true value. With no reserve price set, the highest bid at close acquired the prestigious property.Īfter the gavel fell, the closing price set set a new record for the auction house, which is used to setting and breaking real estate auction sales records. Earlier this year, the mansion became the priciest property in the United States ever to hit the auction block.īidding was handled by Concierge Auctions and the process ran from Jan. Even with the small discount, the property still ranked as the most expensive listing in the country.īut with no sale on the horizon via the traditional route, the seller sought the finality of an auction. In 2020, it was relisted for $160 million, a slight concession on the original price. As we’ve previously reported, when the megamansion landed on the market in 2017, it was the nation’s most expensive home. ![]()
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