Real Estate

At $102 Mil, This Is the Priciest Home Sold in L.A. County History

The 50,000-square-foot house sits on a 5-acre compound.

A 50,000-square-foot estate in West Los Angeles has sold for $102 million, making it the priciest home sale ever recorded in the county.

But the buyer of Fleur de Lys, a nearly 5-acre compound between Carolwood and Angelo drives, remains a mystery, the Los Angeles Times reported on its website.

According to The Times, the property was sold by Suzanne Saperstein, the ex-wife of Metro Networks founder David Saperstein. Although the buyer was initially believed to be a French billionaire, a grant deed obtained by The Times showed the tax bills will be sent to the Milken Institute in Santa Monica, raising questions of whether businessman Michael Milken was the buyer.

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

A representative for the former junk-bond king denied that Milken or the Milken Institute were involved in the purchase.

Although the sale of the property marks a record for Los Angeles County, it falls short of the U.S. record for a home sale. That honor belongs to last year's $117.5 million sale of a mansion on a nine-acre property in Woodside in Northern California, The Times reported.

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

The previous Los Angeles County record was $94 million paid in 2000 for a Bel-Air property sold by Dole Food Co. billionaire David Murdock, according to The Times.

The Fleur de Lys estate has been likened by some to a miniature Versailles. In addition to a tree-lined driveway, cobblestone courtyard and formal gardens, the estate also includes motor courts, a ballroom, movie theater, music room, wine cellar and tasting room, The Times reported.

Portions of the estate were seen in the 2011 film "The Green Hornet."

--City News Service


Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

We’ve removed the ability to reply as we work to make improvements. Learn more here