Once available for as much as $350 million, the Bel-Air estate known as Chartwell just set the record for the priciest residential sale in California background at around $150 million.

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Some know it as “The Beverly Hillbillies” mansion, others together Chartwell. Now, it has a new name: California’s chart-topper.

The Bel-Air residence of late media mogul A. Jerrold Perenchio has sold for the highest possible price in California history, around $150 million. The buyer is Lachlan Murdoch, kid of Rupert Murdoch and also co-chairman that publishing firm News Corp., The Times has confirmed.

Although the exact number no clear, civilization familiar with the deal that asked because that anonymity because they were no authorized to comment told The times the close up door price to be well over the $119.75-million revenue of the Manor in Holmby Hills earlier this year.

Priced as high as $350 million together a bag listing, the heritage centers ~ above a 1930s French neoclassical-style chateau that 25,000 square feet that sits on 10 acres. Additionally trading in the deal was the former home of president Reagan and also his wife, Nancy, which sit behind the main estate.


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Chartwell, A. Jerrold Perenchio’s previous estate in Bel-Air. (Jim Bartsch)
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Chartwell, A. Jerrold Perenchio’s former estate in Bel-Air. (Jim Bartsch)
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Chartwell, A. Jerrold Perenchio’s previous estate in Bel-Air. (Jim Bartsch)
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Chartwell, A. Jerrold Perenchio’s former estate in Bel-Air. (Jim Bartsch)
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Chartwell, A. Jerrold Perenchio’s previous estate in Bel-Air. (Jim Bartsch)
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Chartwell, A. Jerrold Perenchio’s previous estate in Bel-Air. (Jim Bartsch)
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Chartwell, A. Jerrold Perenchio’s former estate in Bel-Air. (Jim Bartsch)
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Chartwell, A. Jerrold Perenchio’s former estate in Bel-Air. (Jim Bartsch)
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Chartwell, A. Jerrold Perenchio’s former estate in Bel-Air. (Jim Bartsch)
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Chartwell, A. Jerrold Perenchio’s former estate in Bel-Air. (Jim Bartsch)

The revenue of Chartwell is simply the latest for a high-end industry that has actually seen a surge of huge deals in recent years.

Since 2016, Los Angeles has had actually six sales that at the very least $100 million or more. That California’s seven sales the $100 million or more, only one sits outside of L.A. County: the $117.5-million deal for a huge compound in northern California’s Woodside community in 2013.

Classic tv watchers might recognize Chartwell together the home of the Clampett family from the credits the the sitcom “The Beverly Hillbillies” (it to be not supplied in the yes, really filming that the series). However, in genuine estate circles, it has actually long been considered amongst L.A.’s great estates.


Designed through architect Sumner Spaulding, the limestone-clad estate has such Gatsby-esque features as a ballroom, scaled officially rooms and a vaulted foyer. The practice wine vault can hold 12,000 bottles. There’s additionally a paneled dining room.

The 26-room mansion was commissioned by contractor and civil technician Lynn Atkinson. In the 1940s, it was got by Chicago and Los Angeles hotelier Arnold Kirkeby in ~ a expense of $200,000.

Atkinson had the home built as a surprise for his wife, a prominent socialite. However, the Atkinsons reportedly never lived in the house.

Often described as the “house v the gold door knobs,” the estate became something of a white elephant throughout Atkinson’s ownership due to the fact that of its gargantuan tax bill.

Atkinson because that years fought with the county plank of Equalization end the assessed worth of the house before successfully having its value lessened in 1943 native $165,000 to $70,000.

“I can’t live in the residential property with the taxes as high as they are, and also no one rather can,” Atkinson bemoaned at the time.

The brand-new owners challenge a more contemporary total. The legacy carries one of the highest annual tax receipt in the Los Angeles area in ~ $1.3 million. In all, the estate contains 18 bedrooms and also 24 bathrooms.

The famously private Perenchio, who passed away in 2017 at 86, gained the main estate for practically $14 million in 1986, and included three contiguous parcels in the 1980s. Under his direction, the key residence was amplified and restored by designer Henri Samuel and architect Pierre Barbe to create a Versailles-like royal residence that accommodated his farming art collection and a cellar for one of California’s largest private wine collections.

In 2016, he spent $15 million because that the Reagans’ longtime residence in Bel-Air.

Obscured from the street by walls and hedges, the grounds contain manicured gardens, fancy fountain features, a tennis court, a 75-foot swimming pool and a swimming pool house. A different guesthouse to be designed by noted architect Wallace Neff.

A an enig tunnel, accessed native the basement, runs beneath the residence to the swimming pool. Also buried below: a subterranean garage with parking because that as numerous as 40 vehicles.

Drew Gitlin and also Susan Gitlin indigenous Berkshire Hathaway Homeservices California Properties; drew Fenton, Gary Gold and also Jeff Hyland the Hilton & Hyland; and Joyce Rey, Jade Mills and Alexandra Allen that Coldwell Banker global Luxury to be the listing agents. Fenton also represented Murdoch in the deal.

Since his death, Perenchio’s heritage has provided and sold a variety of properties, including big holdings in Malibu. Throughout from Chartwell, a vacant building Perenchio offered as a exclusive vineyard sold in November because that $12 million.

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Lachlan Murdoch is the third of Rupert Murdoch’s 6 children and the elder of two sons. Rupert Murdoch is in the process of handing off procedure of his media empire to Lachlan.