Eric Schmidt Acquires Bel-Air SFR From The Hilton Family For $61.5M

The Hilton family has sold their stunning single-family home in Bel-Air to Eric Schmidt. The transaction took place on May 19, 2021, and the property has been sold for an impressive price of $61,500,000. Spanning over 15,011 square feet, the property offers ample space for luxurious living. The price per square foot comes to $4,096, showcasing the premium value of this Bel-Air residence.

Summary of transaction details

• Property Type: Single-Family Home
• Transaction Amount: $61,500,000
• Market: Bel-Air
• Square Footage: 15,011
• Seller: The Hilton Family
• Buyer: Eric Schmidt

This significant transaction involved prominent individuals in the industry. The Hilton family, renowned for their contributions to the hotel industry, were the sellers in this deal. Eric Schmidt, a notable figure in the technology sector, acquired this prestigious property in Bel-Air. The sale of this single-family home marks a high-profile transaction in the real estate market.