2003 La Brea Terrace in Photos
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in LuxuryMichael B. Jordan will make his directorial debut with Creed III when it hit theaters this March, but in the meantime, he’s added another role to his resume: house flipper.
The actor has just put his farmhouse-style property in Encino’s Royal Estates neighborhood on the market for $12.9 million, eight months after scooping up the SoCal compound. Jordan originally bought the residence back in May for a cool $12.5 million and has since dropped close to $500,000 renovating the pad—although it was newly built in 2021. The upgrades included improvements to the home’s security and air-conditioning systems, Andrew Mortaza of the Agency, who holds the listing with Bryan Castaneda, told The Wall Street Journal.
Actor Michael B. Jordan is selling his mansion in Encino’s Royal Estates neighborhood for $12.9 million.
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Set on half an acre behind a set of gates, the spread comprises 12,300 square feet of living space, eight bedrooms and 10 full bathrooms. Also on the lot is a two-story guest house, cabana and a detached massage room. In terms of amenities, the abode comes equipped with a soundproof movie theater, gym and elevator, plus a glass-walled, temperature-controlled wine room. Another standout feature is the kitchen, which has been custom designed with two islands, state-of-the-art appliances and high-end cabinetry.
The home comes with a soundproof movie theater that has its own bar and concession stand.
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The real draw, though, is the primary suite with dual bathrooms, a fireplace, balcony and not one but two oversized dressing rooms. “That’s the biggest ‘wow’ factor for people when they walk through,” Mortaza told the WSJ. According to reporting by Dirt, there’s an additional closet entirely dedicated to shoes, which isn’t all that surprising considering Jordan is known for being a sneakerhead.
Taking full advantage of Los Angeles’s warm weather, you’ll find sliding glass doors throughout that open to the backyard. The pavilion has been outfitted with a kitchen, poolside lounge and zero-edge swimming pool. It’s unclear why the actor is parting ways with his home—perhaps to turn a profit or, depending on the success of the movie, he’s got his eye on something better. Let’s not forget he just had a cameo in one of the highest-grossing films of all time, so he’s got plenty of cash to splash.
Click here to see all the photos of Michael B. Jordan’s Encino mansion. More
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in LuxuryMiami Heat guard Tyler Herro rang in 2023 like any rising star athlete—with a game-winning buzzer-beater and a new house.
Late last month, the 22-year-old NBA player scooped up a South Florida mansion and set a new real estate record in the process, reported The Real Deal. Herro dropped $10.5 million on a massive estate in Miami-Dade County’s affluent Pinecrest neighborhood, where only eight other properties have been sold for $8 million and above. (Although, the original asking price for his Balinese-inspired abode was $11.9 million.) Measuring a whopping 9,505 square feet, the guard’s residence includes eight bedrooms, eight and a half bathrooms. While you won’t find any waterfront views, rest assured a glorious tropical garden serves as the backdrop instead.
Miami Heat guard Tyler Herro just bought a $10.5 million mansion in South Florida, setting a new real estate record for the Pinecrest area.
Brown Harris Stevens Miami
“Pinecrest is an incredibly desirable destination for luxury home buyers, and this home is truly the area’s crown jewel,” said Josie Wang of Brown Harris Stevens Miami, who represented the sellers, in a press statement. “The location offers proximity to Miami’s finest attractions, including marinas, top schools, dining, shopping and parks. The home is unrivaled in its design, craftsmanship and custom, top-of-the-line finishes from lighting to millwork.”
Completed in 2021, the glass-walled manse is sited on a roughly one-acre lot and was first purchased for a modest $5.3 million while it was still being built. Considering the property has now sold for close to double that amount, Herro will have his choice of swanky amenities to enjoy—everything from a wine cellar and gourmet chef’s kitchen to a spacious media room. Elsewhere, the modern home gets its high-end look thanks to walls of floor-to-ceiling glass and globally sourced materials, including natural marble, stone and wood that have been imported from Brazil and Italy.
Herro’s new home has eight bedrooms, eight-and-a-half bathrooms and Balinese-inspired architecture.
Brown Harris Stevens Miami
Naturally, indoor/outdoor living comes with the territory. Out back, the grounds take cues from the South Pacific as well with lush landscaping and local flora. At the center is a large swimming pool, surrounded by additional water features as well as a patio and a cabana. If and when Herro decides to play host at his new digs, the summer kitchen should come in clutch—something the baller knows a thing or two about.
Click here to see all the photos of Tyler Herro’s new Pinecrest home.
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in LuxuryWhen Robert Kraft bought the New England Patriots for $172 million nearly three decades ago, he set a league record. Now, the billionaire owner has made history yet again—this time in the real estate realm—with the purchase of a new penthouse in Palm Beach.
Kraft recently dropped a whopping $23.7 million on an oceanfront condo in South Florida, making it the priciest pad to ever sell in the ritzy island enclave, according to the Wall Street Journal. For context, that’s about $3 million less than the original asking price when it was first listed in September. The swanky seaside digs span roughly 5,000 square feet and comprise four bedrooms, five-and-a-half baths, plus a 1,300-square-foot wraparound terrace.
New England Patriots owner Robert Kraft bought a $23.7 million penthouse in Palm Beach, Florida
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Prior to Kraft acquiring the abode, the apartment belonged to oil tycoon Erving Wolf and his wife, Joyce. The couple bought the condo back in 2000 for a modest $6 million, one of only a few penthouses sited directly on the beach. Before Erving passed away in 2018, and Joyce in 2022, they tapped their daughter-in-law, renowned American architect and sculptor Maya Lin, to renovate the home. Lin, whose best known for designing Washington’s Vietnam Veterans Memorial, gave the residence a modern and contemporary refresh. Most notably, she added natural wood, stone and limestone to mirror the color of the ocean.
Kraft set a new real estate record when he purchased the area’s most expensive condo
Living Proof/The Corcoran Group
“The apartment when we first saw it had potentially wonderful views to the water but was partitioned off by a more traditional separation of formal rooms,” Lin told the WSJ in September. Inside, you’ll find soaring floor-to-ceiling windows, walnut floors and large glass doors that lend a bright and airy feel to the open layout. Elsewhere, there’s a library, dining room, kitchen and a large living area. Considering the couple were avid art collectors, the foyer, which serves as a mini gallery, is where Kraft can now freely hang his own blue-chip works—or, of course, showcase his six Super Bowl trophies.
Click here to see all the photos of Robert Kraft’s Palm Beach penthouse.
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in LuxurySylvester Stallone has gone from embodying a heavyweight boxer to becoming a real-life house flipper. Luckily, his real-estate endeavors have been anything but rocky.
Earlier this year, the Academy Award–winning actor dropped $18 million on a roughly two-acre compound in the San Fernando Valley. That is, after he and his wife, Jennifer Flavin, sold their longtime Beverly Park estate to singer Adele. Now, Sly is unloading that same California dude ranch he bought back in March, but this time, it’s on the market with an even bigger price tag—a whopping $22.5 million.
The Hamptons-style residence, designed by Martyn Lawrence Bullard, is set at the end of an exceedingly private cul-de-sac inside the celeb-studded, guard-gated community of Hidden Hills. The property includes an amenity-packed main pad, a separate guest house and a large swimming pool with its own spa and cabana. If you’ve got a passion for horses like the Tulsa King star and equestrian enthusiast, there’s also a four-stall barn and a riding arena. Elsewhere, the grounds include an outdoor kitchen, a sprawling fruit orchard and vegetable gardens.
Built in 2015, the main house and guest dwelling total more than 10,000 square feet and offer four bedrooms and six and a half bathrooms altogether. A swanky media room and gym are a few of the interior highlights; consider the library and wine cellar to be added perks. Stalone’s stately abode also has an open-concept chef’s kitchen with granite countertops and a formal dining area. The spacious living room has been decked out with a fireplace, vaulted wood-beam ceilings and sliding glass doors.
Of course, the primary bedroom is as opulent as one would expect. There’s a sitting area, not one but two walk-in closets, a private balcony and an en suite bathroom with a soaking tub and a steam shower. The Hollywood icon is reportedly ditching his digs to spend more time in Florida where he has a property in Palm Beach. Or perhaps he’s just on the hunt for his next home improvement project.
Jordan Cohen of Re/Max One holds the listing.
Click here to see all the photos of Sylvester Stallone’s Hidden Hills home. More
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