There have been reports that the co-chairman of Jed Clamepetti News Corp, Lachlan Murdoch made a payment of a record price of close to $150 million for the Bel-Air, California 10-acre estate which is known as Chartwell and it includes the mansion which was used in the credits of the sitcom in the 1960s known as The Beverly Hillbillies
This deal also includes the previous home of Ronald Reagan and Nancy Reagan which is located behind the main house and the most expensive sale of a residential property in the history of California.
This property has been sold by the estate of Univision’s Late CEO, Jerrold Perenchio and had once been listed for an amount of $350 million.
There are other reports which say that this property includes the French Neoclassical 25,000 sq. ft. main house as well. This had been designed in 1930 by Summer Spaulding. The property also has a guest house which has five bedrooms, a pool of 75-foot and a car gallery which can house 40 vehicles a cellar which can house 12000 bottles and also includes the gardens that are well-manicured.
However for a listing that high, this property is not yet ready for moving in as it had been renovated for the last time in the 1980s.
The estate brings with it an annual bill for taxation of $1.3 million as per the reports.
Chartwell is the latest of the homes in the L.A. area which have sold for over $100 million. Earlier in the year Peter Ecclestone who is considered the heiress to Formula One sold her house in Holmby Hills for a sum of $120 million and the Malibu Home of Ron Meyer for close to $100 million.