Thursday, July 26, 2012

Two Los Angeles Mansions Are On Sale For $150 Million

The Owlwood estate is on sale for $150 million.

RUMOR: Not One, But TWO Crazy Los Angeles Mansions Are On Sale For $150 Million -- Business insider

For anyone who thinks the luxury real estate market in California is in peril, just take a look the wealthy neighborhoods of Los Angeles.

Not one, but two properties in the area are reportedly being shopped around with $150 million price tags.

Today celebrity real estate blogger the Real Estalker reported that billionaire widow Dawn Arnall was quietly shopping her spread, called Owlwood, for that amount. And just last week, the same blogger reported that real estate tycoon Jeff Greene was rumored to be listing his Beverly Hills Palazzo di Amore for the same amount.

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My Comment
: $150 million for a home .... not for me.

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