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Southern California’s luxury real estate market seemed virtually pandemic-proof for most of 2020, and December was no different. Five homes across three counties traded hands for $25 million or more, including a sprawling Montecito estate, a Bel-Air showplace and a waterfront stunner in Newport Beach.
Here’s a closer look at the priciest deals that went down in Southern California last month.
$32.25 million John Riccitiello
December’s priciest property was also the largest, as an 18,000-square-foot villa on 11 acres in the celebrity-favored hideout of Montecito traded hands for $32.25 million.
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Records reveal the palatial estate was picked up by a limited liability company tied to John Riccitiello, the former Electronic Arts president who now serves as chief executive of video game software developer Unity Technologies.
Fox News Flash top headlines are here. Check out what s clicking on Foxnews.com.
Grab a blanket and hunker down with Fox Nation s feel-good exclusive original content dropping throughout the month.
Whether you re looking for a family-friendly show or want to embark on a historical binge, the on-demand streaming platform has you covered with original programming that will get you through January and beyond.
Here are just a few of the highlights:
1. Dana Perino s Book Club
feat. Leonard Lauder
Estée Lauder Chairman Emeritus Leonard Lauder joins Fox News host Dana Perino for an exclusive interview in which he shares the simple keys to success and details the lessons he learned in his rise to leadership. Lauder attributes his $22.5 billion net worth to simple business principles such as trusting his intuition and never employing his friends.