1. Le Belvedere – Bel Air, CA
Original list price: $85 million
Sold price: $50 million

Lots has been written about Le Belvedere, which was owned by real estate developer Mohamed Hadid who then reportedly sold it this June to Sarp Turanligil, a Turkish businessman, for $50 million. But, here’s where the confusion begins: According to the Wall Street Journal, an associate of Turanligil’s claims he never owned the home, but was managing business for a company that bought the home. Since then, the home changed titles twice to two different limited-liability companies. Who owns Le Belvedere? No one seems to know, but one thing is certain: this appears to be the house that sold for the most money in 2010.

2. Carbon Beach Gem – Malibu, CA
Original list price: $57 million
Sold price: $36,969,000

This 12,785-sq ft Malibu beauty was sold in October for a final price of $36,969,000. Located on Billionaires Beach, where you could run into celebrities such as Jennifer Aniston and David Geffen, this oceanfront estate sits on three-quarters of an acre and includes 180 feet of frontage on Malibu’s coveted Carbon Beach. It includes 8 bedrooms, 12 bathrooms, 9 wood-burning fireplaces, an oceanfront swimming pool and spa. Take in the Pacific Ocean from the many terraces or the rooftop widow’s walk.

3. Malibu Colony Beach House – Malibu, CA
Original list price: $23,950,000
Sold price: $21,475,000

Doing the math, this 5,000 sq ft home sold for $4,295 a foot, making the final sold price $21,475,000. With about one-third of beach frontage as #2 above and only 5,000 sq ft, this is all about location in coveted Malibu Colony where the likes of Tom Hanks, Bill Murray and other celebs might roam. Situated on one-half acre, this estate includes a main residence with 4 bedrooms, including a grand master suite, 2 additional oceanfront bedrooms, and a grand living/great room with open kitchen facing the water. Two separate guest suites and a gym are situated away from main residence, plus there’s a pool and spa in the back.

4. Pebble Beach Gem – Pebble Beach, CA
Original list price: $25 million
Sold price: $18,750,000

Cradled in an elbow of beauty near Pebble Beach’s famous 17-mile drive is this newly built Cypress Drive estate of 9,750 sq ft, containing 6 bedrooms and 4.5 bathrooms. Out one set of windows is the surf crashing along Pebble Beach’s craggy coast where harbor seals come to visit and out the back is the manicured greens of the fabled Pebble Beach Golf Resort. Gracious, indoor-outdoor California living includes a home theater, two family rooms, wine cellar, outdoor fireplaces, elevator and separate guest house. Fore!

5. Bel Air Mediterranean – Bel Air, CA
Original list price: $24,500,000
Sold price: $16,250,000

Is this a multi-million dollar flipper? This enormous, 13,056-sq ft Mediterranean estate was sold in May for $16,250,000 and is already back on the market, first in September for $19,500,000 and then recently reduced in November to $18,750,000. Mauricio Umansky, who is married to Kyle Richards of the “Real Housewives of Beverly Hills” reality series, is the listing agent. The property has 7 bedrooms and 11 bathrooms and is sited overlooking the Bel Air Country Club. On the manicured grounds is a grand cabana with inground pool and sport court.

6. Dramatic Delray – Delray Beach, FL
Original list price: $24,900,000
Sold price: $12,650,000

This home was originally listed for $24,900,000 way back in 2008 and then experienced a series of price drops all the way to April 2010 where it finally sold for $12,650,000. And then guess what? It just came back on the market in November for $19,950,000. Is this possibly another multi-million-dollar flipper? Located along Florida’s Gold Coast, this newly renovated, 14,679 sq ft Mediterranean estate has 150 feet of frontage with a commanding 16-foot elevation overlooking the Atlantic. Designed for large-scale formal entertaining, it has two private pool areas: one in an Old World style and the other near the dunes aside breezy lounge patios.

7. Upper East Side – New York, NY
Original list price: $17 million
Sold price: $13,150,000

Just around the corner from prestigious Park Avenue, this grand, 20-foot-wide mansion was sold in September after originally being listed for $17 million in 2009. And look: it’s now for rent for $48,000/month! This handsome, 8,000 sq ft Upper East Side mansion has 6 bedrooms and 6 bathrooms over five floors, a main and service entrance, and two kitchens connected with back stairs.

8. Santa Barbara Villa – Santa Barbara, CA
Original list price: $16 million
Sold price: $13 million

It’s Santa Barbara, but this villa feels very much like Tuscany with its Old World design of warm sun-splashed stucco and plaster walls, arched columns, rich granite floors, wooden box beam ceilings, and elaborate tiered stone walkways to expansive terraces and the pool. The sweet surprise here is the 8,592-sq ft home was built in 2000 – not centuries ago as one would imagine. Features include ocean and island views, state-of-the-art media, electronics and mechanical systems. Main residence includes 5 bedrooms and 6.5 baths. Detached guest house includes 1 bedroom, 1 bath with large loggia.

9.Gulf Coast Grace – Naples, FL
Original list price: $15.9 million
Sold price: $13 million

Originally listed for $15.9 million in 2009, this Gulf Coast gem was snatched up for $13 million early in 2010. The Mediterranean-style estate is located on three-quarters of an acre on Naples Bay. A generous 9,394 sq ft of living space contains custom touches of limestone flooring inside and Grey Gold Jerusalem limestone outside on the expansive covered lanai surfaces. Features include a two-level study, 1,000-bottle wine room, multi-tiered cascading pool with glass mosaic tile, 80-foot dock, geothermal heating and fiber-optic lighting.

10. Livin’ The High Life – Highland Beach, FL
Original list price: $18,900,000
Sold price: $12,650,000

With Florida’s Intracoastal Waterway out the back door and the Atlantic Ocean out the front door, there is water, water, everywhere. This 17,804-sq ft Italianate-style villa was first listed for $18.9 million back in 2008, then it was reduced by nearly $4 million in March 2010, falling to $14,950,000. In April, it sold for $12.65 million. Now, it’s back on the market for $14.95 million. Go figure. Walk across the manicured tropical grounds, then the dunes to access your 100 feet of beachfront on the Atlantic. The main residence contains 5 bedrooms, 8 baths, library with fireplace, elevator, and garages to accommodate 5 cars. The two-story carriage/guest house comprises 4,100 sq ft and includes a living room, kitchen, two sitting rooms, 3 bedrooms and 3 baths.

Comments are closed.