Art patron Dasha Zhukova, the girlfriend of Russian oil billionaire Roman Abramovich, has sold the Los Angeles home she bought for $19.5 million in January 2010, for the same price.
Judy Feder of Nourmand & Associates represented Ms. Zhukova and James Hancock of Coldwell Banker Previews International represented the buyer, whose identity could not be learned.
Jon Huntsman Sr. Cuts Price on Utah Resort Property
Billionaire Jon Huntsman Sr. has lowered the asking price on his Deer Valley, Utah, retreat. The 64-acre property in the ski-resort area was originally listed for $55 million in 2009; with about four fewer acres, it’s now offered for $42.8 million.
The founder of chemical maker Huntsman Corp. bought the property in 1986 as a retreat for his nine children—including Ambassador to China Jon Huntsman Jr.—and their families. (Speculation is growing that the younger Jon Huntsman could become a 2012 Republican presidential hopeful.) He built the 22,000-square-foot, 12-bedroom home from timber reclaimed from Yellowstone National Park. The home has an indoor pool and a 22-car garage. The land is zoned for development.
The new price is “more realistic,” said Deedee Corradini of Prudential Utah Real Estate, the former listing agent; she remains involved with the property. Paul Benson and Shane Herbert of Summit Sotheby’s International Realty have the listing.
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Wm MacCollumSam Nazarian’s home
Nightclub Owner Nazarian Sells
Nightlife entrepreneur Sam Nazarian has sold his modern Los Angeles home for $14.5 million, 24% off its 2009 asking price of nearly $19 million. Mr. Nazarian, whose SBE Entertainment owns nightclubs, restaurants and hotels, bought the Hollywood Hills home in 2004. The three-story, three-bedroom home of about 6,300 square feet has views to the ocean. The deck has a pool, kitchen and fire pit.
The buyer, Toronto mining executive Stan Bharti, plans to use the house as a family vacation home. Mr. Nazarian is in contract to buy a house in the Hollywood Hills for around $6 million; he says he’s spending less time in L.A. Jade Mills of Coldwell Banker Previews International represented Mr. Nazarian and Kathy Villa and Asher Dann of the same firm represented Mr. Bharti.
Source: www.wsj.com by Juliet Chung 4/21/11
