The property involved in the transaction is a single-family estate located at 3240 Iredell Lane in Studio City. The asset spans 3.16 acres and encompasses 7,354 square feet. It features six bedrooms, a sports court, and a pool. After undergoing a $1 million renovation in 2022 that added two villas, the property was sold for $14,500,000, reflecting a price per square foot of $1,972.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $14,500,000
• Address: 3240 Iredell Lane
• Market: Studio City
• Seller: George Clooney
• Seller's Representative: Kurt Rappaport - Westside Estate Agency
• Broker: Kevin Dees - Carolwood Estates
• Previous Purchase Price: $2.2 million
• Previous Owner: Stevie Nicks
• Date of Previous Purchase: 1995

This transaction was represented by George Clooney’s broker representative, Kurt Rappaport, from Westside Estate Agency. Kevin Dees from Carolwood Estates acted as the broker for the transaction, facilitating the sale of the estate. The notable renovation and previous ownership by a famous musician add to the property's profile in the market.