The record-breaking Chartwell property sells for $150 million
Selling this property took over two years, but it was worth the $150 million selling price. The Chartwell estate is well-known from the classic show “The Beverly Hillbillies” and broke the record for the most expensive home sale in California history, which is saying a lot as this state has the most expensive real estate in the U.S.
The buyer was none other than the executive chairman and CEO of Fox Corporation, Lachlan Murdoch. If you think $150 million is a lot, the original listing price in 2017 was $350 million.
The estate is a total of 10.4 acres with a 20,000 square-foot main house with 11 rooms and a 5,700 square-foot guesthouse with 5 rooms. The property also features a 75-foot pool, a 40-car garage, tennis court, a 12,000 bottle wine cellar.
The property also the site of the former home of former president Ronald Reagan.
-
The Office for National Statistics (ONS) released official figures on Wednesday, revealing that the United Kingdom posted a record...
-
As scrutiny intensifies, Fujitsu faces repercussions for its role in the Post Office scandal. The UK government has issued...
-
Tech Billionaire Proposes Renaming Wikipedia to ‘Dickipedia’ in Exchange for Record Donation In a recent social media spectacle, tech...
-
Urgent IMF Deal Needed to Prevent Pakistan’s Economic Collapse, Bloomberg Warns Bloomberg, a renowned US-based financial news service, has...
-
Federal student loan borrowers are in a tough situation as the pause on loan payments, implemented during the pandemic,...
-
Silicon Valley Bank’s Acquisition Fallout: Rising Unemployment and Uncertain Future First Citizens BancShares Inc., the new Silicon Valley Bank...
-
President Joe Biden and House Speaker Kevin McCarthy engaged in crucial negotiations on Monday to address the US government’s...
-
Secure your financial future with the 50/30/20 rule! As the cost of living continues to increase in 2023, managing...
-
Common treatments and medicines are becoming more expensive and harder to get. According to a new report released this...
-
A California appeals court overturned the challenge to Proposition 22. Back in 2020, California voters passed Proposition 22, which...
-
Tesla is looking to spark interest in its most expensive models. In the last several months, prominent electric vehicle...
-
Prices dropped in Venezuela, Indonesia, Ecuador, Thailand, and more. Netflix has recently been feeling a major financial squeeze as...