WRE News June 28, 2023
Lifestyle
Basketball great LeBron James is demolishing the historic $37 million Beverly Homes mansion he purchased three years ago and building a new residence on its site.
According to a House Beautiful report, the 13,000-square-foot Spanish Mission style mansion on a 2.5-acre lot features four bedrooms, eight bathrooms, a screening room, a trophy room and a Pacific Ocean view. The property was built in 1934 for actor Charles Boyer and was later acquired by Howard Hughes, who leased it to Katharine Hepburn during the years they were lovers. It was purchased in 1986 for $2.9 million by William J. Bell and Lee Phillip Bell, the creators of the soap operas “The Young and the Restless” and “The Bold and the Beautiful.”
James, who recently signed a two-year $97.1 million contract extension with the L.A. Lakers, offered no clues on what the replacement residence will feature. James’ real estate portfolio includes two Los Angeles mansions and multi-million-dollar properties in Miami and Bath Township, Ohio.
Stay up to date on the latest real estate trends.
Lifestyle
May 9, 2025
Design thinking is an iterative problem-solving framework that puts users’ needs at the center of every tech solution.
Lifestyle
May 9, 2025
Growing your own culinary herbs, such as mint, rosemary, or thyme, is an excellent way to enhance your home-cooked meals while also honing your gardening skills.
Buyer
May 9, 2025
Mortgage application activity picked up with new gusto for the week ending May 2, according to data from the Mortgage Bankers Association (MBA).
Seller
May 8, 2025
As you think ahead to your own move, you may have noticed some houses sell within days, while others linger.
Buyer
May 8, 2025
With all the uncertainty in the economy, the stock market has been bouncing around more than usual.
Buyer
May 6, 2025
Saving up to buy a home can feel a little intimidating, especially right now.
We Guide Homeowners through the complicated process of selling their home using our 4 Phase Selling Process and 3 Prong Marketing Strategy that alleviates their stress and moves them effortlessly to their next destination. Schedule a 15 Minute Complimentary Strategy Session Today