facebook
Traded Co logo
Submit
Daily limit: 0/10

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

Property Image
SOLD
$110,000,000
Jonathan Nash
Drew Fenton
+ 3

California

See Similar Deals
Single Family35,378 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

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

630 Nimes Road

See Similar Deals
Single Family35,378 SF
Sold
Jonathan Nash
Drew Fenton
+ 3
Contact now

Summary

CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$3109
Total Square Footage:35378 SF
Transaction Type:Sale

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
25 deals$485.1M volume
BROKER

Drew Fenton
Carolwood Estates
36 deals$1.3B volume
BROKER

James Harris
Carolwood Estates
31 deals$556.3M volume
BROKER

Kurt Rappaport
Westside Estate Agency
55 deals$2B volume
BROKER

Jonathan Nash
Carolwood Estates
7 deals$167M volume(424) 230-6088
BROKER

Stephen Resnick
Carolwood Estates
5 deals$160.4M volume
BROKER

Details

SOLD
IMAGE: Drew Fenton, Kurt Rappaport, David Parnes, James Packer, James Harris, Jonathan Nash & Stephen Resnick DATE: 05/06/2025 ADDRESS: 630 Nimes Road MARKET: Bel Air ASSET TYPE: Single Family ~ ACRES: 2.2 BUYER: James Packer SELLER: European Investment Management Services Inc. BUYER'S REP: Drew Fenton (@Drew.Fenton) - Carolwood Estates; Kurt Rappaport (@Kurt_Rappaport) - Westside Estate Agency (@WEAHomes) SELLER'S REP: David Parnes (@DavidBondst), James Harris (@JamesBondst), Jonathan Nash (@JonnyNash1000) & Stephen Resnick (@ResnickandNash) - Carolwood Estates (@CarolwoodRealEstate) SALE PRICE: $110,000,000 SF: 35,378 ~ PPSF: $3,109 NOTE: James Packer, former Crown Resorts chair, closed on the $110 million purchase of the 10-bedroom Le Belvedere estate in Bel-Air. This marks the most expensive residential deal in Los Angeles County for 2025. The sale was brokered by agents from Carolwood Estates and Westside Estate Agency, with the seller affiliated with European Investment Management Services Inc., based in Los Angeles.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$5,866,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$390,806.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$521,456.12
Annual Debt Service$6,257,473.43