Westside Estate Agency has nabbed the $195 million listing for the estate of Hyatt Hotels heir Tony Pritzker and philanthropist Jeanne Pritzker in Beverly Crest.
The asking price puts 1261 Angelo Drive in a tie for the priciest home on the market in L.A. County.
Westside Estate Agency co-founders Kurt Rappaport and Stephen Shapiro hold the listing for the Angelo Drive property. Rappaport is also co-listing the other top-priced home — called Casa Encantada at 10644 Bellagio Road in Bel-Air — with Carolwood Estates CEO Drew Fenton.
Casa Encantada was placed on the market by the late billionaire Gary Winnick and his wife Karen Winnick. At one point, it had an asking price of $250 million.
The Pritzkers’ Angelo Drive property made headlines last month when the Wall Street Journal reported the 50,000-square-foot home was headed to market, given the couple’s divorce settlement.
If the property sells near its asking price, it would become one of the largest residential deals in the state. A Malibu estate sold by Oakley founder Jim Jannard earlier this year for a reported $210 million currently holds the title of the most expensive home in California.
The listing price is at the high-end of the Wall Street Journal’s previously reported range of $150 million to $200 million, which cited anonymous local agents.
Among the home’s more dramatic features are enough parking for 80 to 100 vehicles, 18 fireplaces, a bowling alley, wellness center and two-story guest house. The overall property sits on a 5-acre lot and counts 16 bedrooms and 27 baths.
The couple built the property and completed it in 2011, using it as a venue for a number of fundraisers and also social events drawing celebrities and other high-profile guests.
Tony is the son of Donald Pritzker, co-founder of Hyatt Hotels, and heads the private equity firm The Pritzker Group. Forbes estimates his wealth at $4.1 billion.
For comparison, Casa Encantada boasts 60 rooms and an impressive list of former owners, including the Winnicks, Dole Foods founder David Murdoch and rival hotelier Conrad Hilton.
Read more
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