Owlwood Estate ($180 Million)

When it sold last year for $90 million, the historic Owlwood Estate in Holmby Hills, Calif., set a record as the second-most-expensive sale in Los Angeles County. Less than a year after being purchased by Sturmer Pippin Investments, the sprawling estate is back on the market with an extraordinary asking price of $180 million.

After buying the property, Bob Shapiro (head of Sturmer Pippin Investments and CEO of Woodbridge Luxury Homes) worked tirelessly with several architects to create a redevelopment plan that would turn the historic grounds into a modern marvel. The plan, which will triple the home’s size while leaving its historical integrity intact, will be included in the sale price.

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Photo: Courtesy Mercer Vine