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630 Nimes Road

James Packer Purchases Le Belvedere Estate In Bel Air For $110 Million With Carolwood Estates And Westside Estate Agency
SOLDSingle Family

James Packer Purchases Le Belvedere Estate In Bel Air For $110 Million With Carolwood Estates And Westside Estate Agency

630 Nimes Road

$110,000,000

$3,109/SF

Building Size

35,378 SF

Asset Type

Single Family

Closing

May 6, 2025

AI

The property asset involved in this transaction is a single-family home located at 630 Nimes Road in the Bel Air market. It spans 2.2 acres and features 35,378 square feet of living space. The sale was executed at a price of $110,000,000, translating to a price per square foot of approximately $3,109.

Summary of transaction details:

Notably, James Packer, formerly the chair of Crown Resorts, finalized the acquisition of the 10-bedroom Le Belvedere estate. This transaction is recognized as the most expensive residential deal in Los Angeles County for the year 2025, with the involvement of agents from both Carolwood Estates and Westside Estate Agency in the brokerage process.

Players

David Parnes

Carolwood Estates

Broker

$502.2M

vol

26 deals

Broker
N
N/ABuyer

N/A

Seller
Seller

Los Angeles Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.14%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93