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.
Buyer
November 7, 2025
There’s been a lot of talk lately about how a government shutdown impacts the housing market.
Buyer
November 6, 2025
If you’re looking for a great place to live, you might want to check out Utah.
Seller
November 6, 2025
If you’ve seen headlines about home prices dropping, it’s easy to wonder what that means for the value of your home too.
Buyer
November 5, 2025
Seller
November 4, 2025
If there was one simple step that could help make your home sale a seamless process, wouldn't you want to know about it?
Buyer
November 3, 2025
If you stepped back from your home search over the past few years, you’re not alone – and you’re definitely not out of options.
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