In a significant development in the Los Angeles luxury real estate market, Jim Carrey’s stunning 2-acre ranch house in Brentwood has gone into contract with a listing price of $19.8 million. This property has not only captured attention for its celebrity ownership but also for its impressive features and prime location.
A Glimpse into the Property
Located at 615 North Tigertail Road, Carrey’s estate has topped the list of homes under contract in L.A. County for the past week, according to the Eklund Weekly Luxury Report from Douglas Elliman’s Eklund Gomes Team. This report tracks homes listed in the MLS for $4 million or more, and Carrey’s property has played a pivotal role in boosting the overall asking dollar volume in the luxury segment.
Key features of this remarkable home include:
- Size and Layout: The residence boasts five bedrooms and nine bathrooms, encompassing nearly 11,000 square feet of living space.
- Amenities: The estate is equipped with six fireplaces, an Art Deco theater, a tennis court, a waterfall pool, and a guest house, making it a perfect retreat for entertainment and relaxation.
- Lot Size: Situated on a generous 2-acre lot, the property offers ample outdoor space, enhancing its appeal.
Originally built in 1951, the home first hit the market in February 2023 with an asking price of $28.9 million. After several price adjustments, it was re-listed in September at its current price.
Market Trends and Insights
Those contracts equated to asking dollar volume of nearly $108 million. That compares to the prior week’s nine contracts totaling $52.4 million in asking dollar volume.
Marcy Roth from Eklund Gomes predicts that residential activity may remain steady through the holiday season, unless more high-value contracts emerge. Interestingly, while single-family homes typically dominate the luxury market, last week also saw two condominiums enter into contract, including a notable unit at the Rosewood Residences Beverly Hills listed for $15 million.
Conclusion
Jim Carrey’s Brentwood ranch house exemplifies the allure of luxury living in Los Angeles, combining celebrity status with exquisite design and ample amenities. As the market continues to evolve, properties like this not only reflect the high demand for upscale homes but also highlight the dynamic nature of real estate transactions in the region. With the holiday season approaching, it will be intriguing to see how the market performs and whether additional high-profile contracts will emerge.