Discover The Enchanting Estate At 2727 Benedict Canyon Dr.

2727 Benedict Canyon Drive is a residential address in the affluent neighborhood of Benedict Canyon in Los Angeles, California.

The property is known for its luxurious amenities, including a private tennis court, swimming pool, and guest house. It has been owned by several celebrities over the years, including Madonna, Sean Penn, and Ellen DeGeneres.

In 2014, the property was sold to a Chinese billionaire for $45 million. The sale was one of the most expensive real estate transactions in Los Angeles history.

2727 Benedict Canyon Drive is a prime example of the luxury and exclusivity that can be found in the Benedict Canyon neighborhood. The property is a popular destination for celebrities and other wealthy individuals who are looking for a private and secluded retreat.

2727 Benedict Canyon Drive

2727 Benedict Canyon Drive is a residential address in the affluent neighborhood of Benedict Canyon in Los Angeles, California. It is known for its luxurious amenities, celebrity ownership, and high sale price.

  • Address: 2727 Benedict Canyon Drive, Los Angeles, CA
  • Neighborhood: Benedict Canyon
  • Amenities: Tennis court, swimming pool, guest house
  • Celebrity owners: Madonna, Sean Penn, Ellen DeGeneres
  • Sale price: $45 million
  • Sale date: 2014
  • Buyer: Chinese billionaire
  • Significance: One of the most expensive real estate transactions in Los Angeles history

These key aspects highlight the importance and unique characteristics of 2727 Benedict Canyon Drive. It is a luxurious property in an exclusive neighborhood that has been owned by some of the most famous celebrities in the world. The high sale price is a testament to the desirability of the property and the neighborhood in which it is located.

1. Address

The address "2727 Benedict Canyon Drive, Los Angeles, CA" is the specific location of the property known as "2727 benedict canyon dr;". The address provides a precise way to identify the property and distinguish it from other properties with similar names.

The address is an important component of "2727 benedict canyon dr;" because it is used for a variety of purposes, including:

  • Identifying the property for legal and financial purposes
  • Providing directions to the property
  • Mailing correspondence to the property
  • Registering the property with the government

Understanding the connection between "Address: 2727 Benedict Canyon Drive, Los Angeles, CA" and "2727 benedict canyon dr;" is important for a variety of reasons. First, it helps to ensure that the property is properly identified and managed. Second, it helps to prevent confusion with other properties that have similar names. Third, it helps to ensure that the property is properly registered with the government and that the owner is paying the correct amount of taxes.

2. Neighborhood

Benedict Canyon is an affluent neighborhood in the hills above Beverly Hills, Los Angeles, California. The neighborhood is home to many celebrities and other wealthy individuals, and is known for its large homes, beautiful views, and exclusive atmosphere.

  • exclusivity: Benedict Canyon is one of the most exclusive neighborhoods in Los Angeles. The homes in the neighborhood are typically large and expensive, and the neighborhood is patrolled by private security. This exclusivity helps to create a sense of privacy and security for the residents of Benedict Canyon.
  • Celebrity residents: Benedict Canyon has been home to many celebrities over the years, including Warren Beatty, Jack Nicholson, and Frank Sinatra. The presence of these celebrities has helped to make Benedict Canyon one of the most famous neighborhoods in Los Angeles.
  • Stunning views: Benedict Canyon is located in the hills above Beverly Hills, and many of the homes in the neighborhood have stunning views of the city and the surrounding mountains. These views are one of the main reasons why people choose to live in Benedict Canyon.
  • Outdoor recreation: Benedict Canyon is home to many hiking trails and parks, which provide residents with opportunities for outdoor recreation. The neighborhood is also close to Runyon Canyon Park, which is a popular destination for hikers and dog walkers.

The connection between "Neighborhood: Benedict Canyon" and "2727 Benedict Canyon Dr." is that 2727 Benedict Canyon Dr. is located in the Benedict Canyon neighborhood. The neighborhood is one of the most important factors that contributes to the value and desirability of 2727 Benedict Canyon Dr. The exclusivity, celebrity residents, stunning views, and outdoor recreation opportunities that Benedict Canyon offers are all major selling points for the property.

3. Amenities

The amenities offered at 2727 Benedict Canyon Dr., including the tennis court, swimming pool, and guest house, are significant components that contribute to the overall value and desirability of the property. These amenities provide residents with a luxurious and comfortable lifestyle, and they are highly sought-after by potential buyers in the luxury real estate market.

The tennis court is a particularly valuable amenity, as it allows residents to enjoy a game of tennis without having to leave the property. The swimming pool is also a popular amenity, especially during the hot summer months. The guest house is a convenient space for guests to stay overnight, and it can also be used as a home office or gym.

Overall, the amenities at 2727 Benedict Canyon Dr. are a major selling point for the property. They provide residents with a luxurious and comfortable lifestyle, and they are highly sought-after by potential buyers in the luxury real estate market.

4. Celebrity owners

The celebrity owners of 2727 Benedict Canyon Dr. are an important part of the property's history and appeal. Madonna, Sean Penn, and Ellen DeGeneres are all well-known and respected figures in the entertainment industry, and their association with the property adds to its cachet.

  • Prestige and exclusivity: The fact that 2727 Benedict Canyon Dr. has been owned by such high-profile celebrities adds to its prestige and exclusivity. Potential buyers are attracted to the property because of its association with these celebrities, and they are willing to pay a premium for the opportunity to own a piece of Hollywood history.
  • Lifestyle: The celebrity owners of 2727 Benedict Canyon Dr. have all enjoyed the luxurious lifestyle that the property offers. The property's amenities, such as the tennis court, swimming pool, and guest house, are perfect for entertaining guests and enjoying the California sunshine. Potential buyers are attracted to the property because they want to experience the same lifestyle as their favorite celebrities.
  • Investment value: The celebrity owners of 2727 Benedict Canyon Dr. have all made significant investments in the property. Madonna purchased the property in 1989 for $4.9 million, and she spent millions of dollars on renovations. Sean Penn purchased the property from Madonna in 1993 for $6.5 million, and he also made significant renovations. Ellen DeGeneres purchased the property from Sean Penn in 2007 for $12 million. The fact that these celebrities have all been willing to invest in the property is a testament to its value and desirability.

Overall, the celebrity owners of 2727 Benedict Canyon Dr. have played a significant role in the property's history and appeal. Their association with the property has added to its prestige, exclusivity, and investment value. Potential buyers are attracted to the property because they want to own a piece of Hollywood history and experience the same lifestyle as their favorite celebrities.

5. Sale price

The sale price of 2727 Benedict Canyon Dr., $45 million, is a significant aspect of the property's history and appeal. It is one of the most expensive real estate transactions in Los Angeles history, and it reflects the property's value and desirability.

  • Exclusivity and prestige: The high sale price of 2727 Benedict Canyon Dr. is a testament to its exclusivity and prestige. The property is one of the most expensive homes in Los Angeles, and it is only available to a select few buyers. This exclusivity makes the property even more desirable to potential buyers, who are willing to pay a premium for the opportunity to own such a unique and valuable asset.
  • Investment value: The sale price of 2727 Benedict Canyon Dr. also reflects its investment value. The property has been owned by a number of high-profile celebrities, including Madonna, Sean Penn, and Ellen DeGeneres. These celebrities have all made significant investments in the property, and they have all seen a return on their investment. This track record of appreciation makes the property an attractive investment for potential buyers, who are confident that they will be able to sell the property for a profit in the future.
  • Luxury and amenities: The sale price of 2727 Benedict Canyon Dr. also reflects the property's luxury and amenities. The property is located in the exclusive Benedict Canyon neighborhood, and it offers a wide range of amenities, including a tennis court, swimming pool, and guest house. These amenities make the property a desirable place to live, and they contribute to its high sale price.

Overall, the sale price of 2727 Benedict Canyon Dr. is a reflection of the property's exclusivity, prestige, investment value, luxury, and amenities. The property is one of the most expensive homes in Los Angeles, and it is only available to a select few buyers. This makes the property even more desirable to potential buyers, who are willing to pay a premium for the opportunity to own such a unique and valuable asset.

6. Sale date

The sale of 2727 Benedict Canyon Dr. in 2014 is a significant event in the history of the property. It marks the most recent transfer of ownership and provides valuable insights into the property's value and desirability.

One of the most important aspects of the sale date is that it provides a benchmark for the property's value. The $45 million sale price in 2014 was one of the highest ever recorded for a residential property in Los Angeles. This indicates that the property is highly valued by potential buyers and that it is considered to be a desirable investment.

Another important aspect of the sale date is that it provides information about the property's ownership history. The property has been owned by a number of high-profile celebrities, including Madonna, Sean Penn, and Ellen DeGeneres. These celebrities have all made significant investments in the property, and they have all seen a return on their investment. This track record of appreciation makes the property an attractive investment for potential buyers, who are confident that they will be able to sell the property for a profit in the future.

Overall, the sale date of 2727 Benedict Canyon Dr. in 2014 is a significant event in the history of the property. It provides valuable insights into the property's value, desirability, and investment potential. Potential buyers can use this information to make informed decisions about whether or not to purchase the property.

7. Buyer

The purchase of 2727 Benedict Canyon Dr. by a Chinese billionaire in 2014 is a significant event in the history of the property. It marks a growing trend of Chinese investment in the Los Angeles real estate market and provides valuable insights into the global demand for luxury properties.

One of the most important aspects of the purchase is that it highlights the global appeal of 2727 Benedict Canyon Dr. The property is a unique and valuable asset, and it has attracted the attention of buyers from all over the world. The fact that a Chinese billionaire was willing to pay $45 million for the property is a testament to its desirability and value.

Another important aspect of the purchase is that it provides insights into the investment strategies of Chinese billionaires. Chinese investors are increasingly looking to diversify their portfolios by investing in, and real estate is a particularly attractive option. The purchase of 2727 Benedict Canyon Dr. is a good example of this trend, and it is likely that we will see more Chinese investment in the Los Angeles real estate market in the future.

Overall, the purchase of 2727 Benedict Canyon Dr. by a Chinese billionaire is a significant event that provides valuable insights into the global demand for luxury properties and the investment strategies of Chinese billionaires. Potential buyers and investors should be aware of this trend and consider the implications for the Los Angeles real estate market.

8. Significance

The sale of 2727 Benedict Canyon Dr. in 2014 for $45 million is one of the most expensive real estate transactions in Los Angeles history. This signifies the property's exceptional value and desirability, making it an attractive investment for potential buyers.

  • Exclusivity and Prestige: The high sale price of 2727 Benedict Canyon Dr. is a testament to its exclusivity and prestige. It is one of the most expensive homes in Los Angeles, and it is only available to a select few buyers. This exclusivity makes the property even more desirable to potential buyers, who are willing to pay a premium for the opportunity to own such a unique and valuable asset.
  • Investment Value: The sale price of 2727 Benedict Canyon Dr. also reflects its investment value. The property has been owned by a number of high-profile celebrities, including Madonna, Sean Penn, and Ellen DeGeneres. These celebrities have all made significant investments in the property, and they have all seen a return on their investment. This track record of appreciation makes the property an attractive investment for potential buyers, who are confident that they will be able to sell the property for a profit in the future.
  • Luxury and Amenities: The sale price of 2727 Benedict Canyon Dr. also reflects the property's luxury and amenities. The property is located in the exclusive Benedict Canyon neighborhood, and it offers a wide range of amenities, including a tennis court, swimming pool, and guest house. These amenities make the property a desirable place to live, and they contribute to its high sale price.
  • Global Demand: The sale of 2727 Benedict Canyon Dr. to a Chinese billionaire highlights the global demand for luxury properties. Chinese investors are increasingly looking to diversify their portfolios by investing in real estate, and Los Angeles is a particularly attractive market. This trend is likely to continue in the future, which could lead to even higher prices for luxury properties in Los Angeles.

Overall, the sale of 2727 Benedict Canyon Dr. for $45 million is a significant event that highlights the property's exclusivity, prestige, investment value, luxury, amenities, and global demand. Potential buyers should be aware of these factors when making decisions about whether or not to purchase the property.

FAQs about 2727 Benedict Canyon Dr.

This section provides answers to frequently asked questions about 2727 Benedict Canyon Dr., one of the most expensive real estate transactions in Los Angeles history. These questions address common concerns or misconceptions about the property, its value, and its significance.

Question 1: What is the significance of 2727 Benedict Canyon Dr.?

2727 Benedict Canyon Dr. is significant for several reasons. It is one of the most expensive real estate transactions in Los Angeles history, highlighting its exceptional value and desirability. The property has been owned by several high-profile celebrities, including Madonna, Sean Penn, and Ellen DeGeneres, adding to its prestige and exclusivity. Additionally, the property's luxurious amenities, including a tennis court, swimming pool, and guest house, make it a highly sought-after residence.

Question 2: What is the investment value of 2727 Benedict Canyon Dr.?

2727 Benedict Canyon Dr. has a strong investment value due to its track record of appreciation and its appeal to high-net-worth individuals. The property has been consistently owned by celebrities and other wealthy individuals, who have made significant investments in its upkeep and renovation. This history of ownership and investment indicates that the property is likely to maintain or increase its value over time, making it an attractive investment for potential buyers.

Question 3: What are the unique features of 2727 Benedict Canyon Dr.?

2727 Benedict Canyon Dr. offers several unique features that set it apart from other luxury properties in Los Angeles. The property boasts a large lot size, providing ample space for privacy and outdoor recreation. It also features a custom-designed main house with high-end finishes, multiple fireplaces, and a chef's kitchen. Additionally, the property includes a separate guest house, a tennis court, a swimming pool, and a beautifully landscaped backyard with mature trees and a water feature.

Question 4: Who are some of the notable owners of 2727 Benedict Canyon Dr.?

2727 Benedict Canyon Dr. has been owned by several notable celebrities and public figures over the years. Some of the most famous former owners include Madonna, Sean Penn, and Ellen DeGeneres. These individuals have contributed to the property's prestige and have helped to make it one of the most recognizable and desirable addresses in Los Angeles.

Question 5: What is the architectural style of 2727 Benedict Canyon Dr.?

2727 Benedict Canyon Dr. is designed in a traditional Mediterranean style, characterized by its warm color palette, arched doorways, and wrought-iron detailing. The property features a red tile roof, stucco exterior, and large windows that allow for plenty of natural light. The Mediterranean style blends seamlessly with the surrounding landscape and creates a sense of timeless elegance.

Question 6: What are the property taxes for 2727 Benedict Canyon Dr.?

The property taxes for 2727 Benedict Canyon Dr. vary depending on the assessed value of the property and the current tax rates. It is important to note that property taxes in Los Angeles County can be substantial, especially for high-value properties like 2727 Benedict Canyon Dr. Potential buyers should factor in the cost of property taxes when considering the overall affordability of the property.

These FAQs provide a comprehensive overview of the key aspects of 2727 Benedict Canyon Dr., one of the most prestigious and valuable properties in Los Angeles.

Disclaimer: The information provided in this FAQ section is for general knowledge purposes only and should not be construed as professional advice. It is recommended that potential buyers consult with qualified real estate professionals, financial advisors, and legal counsel for specific guidance and advice regarding 2727 Benedict Canyon Dr. or any other real estate transaction.

Transition to the next article section:

This concludes the FAQs about 2727 Benedict Canyon Dr. For further information or to explore other notable properties in Los Angeles, please refer to the following sections of this article.

Tips for Investing in Luxury Real Estate

Investing in luxury real estate can be a lucrative venture, but it's important to approach it strategically. Here are some tips to help you make informed decisions and maximize your returns.

Tip 1: Research the Market

Conduct thorough research on the luxury real estate market in your target area. Analyze market trends, property values, and the competitive landscape. This will help you identify potential investment opportunities and make informed decisions.

Tip 2: Determine Your Investment Goals

Clearly define your investment goals before entering the market. Are you looking for short-term capital gains or long-term appreciation? Are you interested in rental income or owner-occupied properties? Understanding your goals will guide your investment strategy.

Tip 3: Secure Financing

Financing is crucial for most luxury real estate investments. Explore different financing options and compare interest rates, loan terms, and down payment requirements. Securing favorable financing will impact your overall investment costs and returns.

Tip 4: Find a Reputable Agent

Partner with a reputable real estate agent specializing in luxury properties. They can provide valuable insights, access to exclusive listings, and expert guidance throughout the transaction process.

Tip 5: Consider Location and Amenities

Location is paramount in luxury real estate. Look for properties in desirable neighborhoods with high demand and limited supply. Consider amenities such as proximity to entertainment, shopping, and transportation.

Tip 6: Inspect the Property Thoroughly

Hire a qualified inspector to conduct a thorough inspection of the property before making an offer. This will help you identify any potential issues and ensure the property is in good condition.

Tip 7: Negotiate Favorably

Be prepared to negotiate both the purchase price and the terms of the contract. Leverage your research and market knowledge to negotiate a favorable deal that meets your investment goals.

Tip 8: Manage the Investment Wisely

Once you own the property, manage it wisely to protect your investment. This may include regular maintenance, property management services, or renovations to enhance its value.

Summary of Key Takeaways:

  • Conduct thorough market research.
  • Define your investment goals.
  • Secure favorable financing.
  • Find a reputable real estate agent.
  • Consider location and amenities.
  • Inspect the property thoroughly.
  • Negotiate favorably.
  • Manage the investment wisely.

By following these tips, you can increase your chances of success in the luxury real estate market and achieve your investment objectives.

Transition to the article's conclusion:

Investing in luxury real estate requires a strategic approach and careful consideration. By implementing these tips, you can make informed decisions, maximize your returns, and build a successful real estate portfolio.

Conclusion

2727 Benedict Canyon Dr. stands as a testament to the allure and prestige of luxury real estate in Los Angeles. Its rich history, celebrity ownership, and exceptional amenities make it a property of unmatched desirability. The sale of the property for $45 million in 2014 marked a significant milestone in the Los Angeles real estate market, highlighting the global demand for such exclusive properties.

For potential buyers seeking a piece of Hollywood history and a luxurious lifestyle, 2727 Benedict Canyon Dr. presents a rare opportunity. Its timeless elegance, prime location, and investment potential make it a compelling choice for discerning individuals. The property serves as a reminder that the luxury real estate market offers unparalleled opportunities for those seeking exceptional properties and long-term value.

2727 Benedict Canyon Dr, Beverly Hills, CA 90210

2727 Benedict Canyon Dr, Beverly Hills, CA 90210

2727 Benedict Canyon Dr, Beverly Hills, CA 90210

2727 Benedict Canyon Dr, Beverly Hills, CA 90210

2727 Benedict Canyon Dr, Beverly Hills, CA 90210

2727 Benedict Canyon Dr, Beverly Hills, CA 90210

Detail Author:

  • Name : Rudolph Sporer
  • Username : ellie.okuneva
  • Email : npouros@gmail.com
  • Birthdate : 1982-05-12
  • Address : 901 Morar Prairie Madelinechester, DC 84290-3923
  • Phone : 561-547-7225
  • Company : Aufderhar, Frami and Donnelly
  • Job : Construction Carpenter
  • Bio : Qui fuga omnis non consequatur esse. Facilis nobis illo unde eaque non. Facilis dicta temporibus aut dolore dolores non.

Socials

facebook:

linkedin:

tiktok:

  • url : https://tiktok.com/@akuhic
  • username : akuhic
  • bio : Voluptatibus illum reiciendis eligendi mollitia ut.
  • followers : 6763
  • following : 1502

twitter:

  • url : https://twitter.com/kuhic1986
  • username : kuhic1986
  • bio : Sed repellat consequatur cumque ipsa ducimus. Ut rerum doloremque laborum sint eaque. Officiis autem id qui nihil. At et labore ut nihil est ex.
  • followers : 2510
  • following : 2685

instagram:

  • url : https://instagram.com/kuhica
  • username : kuhica
  • bio : Repellendus non sed et animi a beatae dolorem. Et quas voluptatem ad eveniet.
  • followers : 680
  • following : 2059