Rupert Murdoch’s son just bought a $150 million Los Angeles estate, shattering California’s sales record.

Jan 21, 2020 (0) comment caifornia contractor insurance, california contractor insurance, construction news, contractor general liability insurance

Take a look at the property, which has a 26-room mansion and a secret underground tunnel.

chartwell estate los angeles

The estate includes a 75-foot pool and pool house.

The iconic Chartwell Estate in Los Angeles just sold for about $150 million, breaking the California sales record, Neal J. Leitereg reported for The Los Angeles Times.
The buyer was media mogul Rupert Murdoch’s son, Lachlan Murdoch, according to The Wall Street Journal.
Once listed for $350 million, the Chartwell Estate is the most expensive home ever sold in California and the second-priciest ever sold in the US. It is surpassed only by hedge-fund manager Ken Griffin’s $238 million condo purchase in New York City in January 2019.
The historic Bel-Air estate sits on more than 10 acres and features a 26-room mansion, a 75-foot pool and pool house, and a guest house.
The home also comes with a secret underground tunnel and a 40-car subterranean garage.
The property has an annual tax bill of $1.3 million, one of the highest in Los Angeles, according to the Times.

The Chartwell Estate in Los Angeles just sold to media mogul Rupert Murdoch’s son Lachlan Murdoch for about $150 million, Neal J. Leitereg reported for The Los Angeles Times.

Once listed for $350 million, it’s the most expensive home ever sold in California and the second-priciest ever sold in the US, beat only by hedge-fund manager Ken Griffin’s $238 million condo purchase in New York City in January 2019.

Lachlan Murdoch is the co-chairman of his father’s company, News Corp, which owns publications including The Wall Street Journal and The New York Post.

The Chartwell Estate has gotten several price cuts over the past couple of years since it was listed for $350 million in 2017. Even with its most recent price cut to $195 million in June 2019, it was still the most expensive home for sale on the Los Angeles market.

Media mogul Rupert Murdoch’s son, Lachlan Murdoch, just paid about $150 million for an iconic Los Angeles estate called Chartwell, Neal J. Leitereg reported for The Los Angeles Times.

lachlan murdoch rupert murdoch — Lachlan Murdoch, left, with his father, Rupert Murdoch.

Lachlan Murdoch is the co-chairman of his father’s company, News Corp, which owns publications including The Wall Street Journal and The New York Post.

Once listed for $350 million, the Chartwell Estate is the most expensive home ever sold in California and the second-priciest ever sold in the US.

It’s surpassed only by hedge-fund manager Ken Griffin’s $238 million condo purchase in New York City in January 2019.

The Chartwell Estate sits on more than 10 acres in Bel Air.

Bel Air is one of the most “prestigious residential communities in the city of Los Angeles,” according to luxury real estate firm Hilton & Hyland.

The 25,000-square-foot mansion has 18 bedrooms, 24 bathrooms, and a ballroom.

It was built in the 1930s for civil engineer Lynn Atkinson and later purchased by late Univision billionaire A. Jerrold Perenchio, whose estate sold it to Murdoch.

Perenchio commissioned French designer Henri Samuel to do a major renovation of the home in the 1980s to emphasize the 18th-century French neoclassical style.

But no recent interior photos have been released, keeping the inside of the home a mystery.

The expansive grounds of Chartwell include manicured gardens and views that span from downtown Los Angeles to the Pacific Ocean.

There’s also a five-bedroom guest house, a tennis court, and a 12,00-bottle wine cellar.

Some might recognize the mansion from its appearance in the opening credits of the CBS sitcom “The Beverly Hillbillies,” which aired from 1962 to 1971.

Source: Hilton & Hyland

A pool house overlooks Chartwell’s 75-foot swimming pool.

But not all of the massive estate’s features are visible above ground.

A secret underground tunnel runs from the basement to the swimming below, and a subterranean garage can hold up to 40 vehicles.

The property also includes a five-bedroom guest house, a tennis court, and a 12,000-bottle wine cellar.

Source: Hilton & Hyland

The mansion’s panoramic views span from downtown Los Angeles to the Pacific Ocean.

Although it came close, the Chartwell Estate didn’t quite beat the US sales record.

Hilton & Hyland

It did, however, break the record for the most expensive California sale, which was last set by a manor in Holmby Hills that sold for about $119 million earlier in 2019.

Owning the Chartwell Estate won’t come cheap, even on top of its hefty price tag.

The property has an annual tax bill of $1.3 million, one of the highest in the Los Angeles area, according to the Los Angeles Times.

This article was originally written by Katie Warren and appeared here.

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Rupert Murdoch’s son just bought a $150 million Los Angeles estate, shattering California’s sales record.

Take a look at the property, which has a 26-room mansion and a secret underground tunnel.

The estate includes a 75-foot pool and pool house.

Media mogul Rupert Murdoch’s son, Lachlan Murdoch, just paid about $150 million for an iconic Los Angeles estate called Chartwell, Neal J. Leitereg reported for The Los Angeles Times.

Once listed for $350 million, the Chartwell Estate is the most expensive home ever sold in California and the second-priciest ever sold in the US.

The Chartwell Estate sits on more than 10 acres in Bel Air.

The 25,000-square-foot mansion has 18 bedrooms, 24 bathrooms, and a ballroom.

Perenchio commissioned French designer Henri Samuel to do a major renovation of the home in the 1980s to emphasize the 18th-century French neoclassical style.

The expansive grounds of Chartwell include manicured gardens and views that span from downtown Los Angeles to the Pacific Ocean.

Some might recognize the mansion from its appearance in the opening credits of the CBS sitcom “The Beverly Hillbillies,” which aired from 1962 to 1971.

A pool house overlooks Chartwell’s 75-foot swimming pool.

The property also includes a five-bedroom guest house, a tennis court, and a 12,000-bottle wine cellar.

The mansion’s panoramic views span from downtown Los Angeles to the Pacific Ocean.

Although it came close, the Chartwell Estate didn’t quite beat the US sales record.

Owning the Chartwell Estate won’t come cheap, even on top of its hefty price tag.

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