Carolwood Estates has launched its 2025 Annual Report shedding light on the firm’s incredible performance over the last calendar year. Carolwood was involved in five of the seven highest brokered residential sales in Los Angeles in 2025, handling 71% of all brokered transactions with a sales price above $50 million
Topping the list was a pair of $110 million deals. The first was a former tech CEO’s purchase of the former Spelling Manor in Holmby Hills. Carolwood’s CEO and Co-Founder Drew Fenton represented the seller while Linda May represented the buyer.
The second was Australian billionaire James Packer’s purchase of the fully re-imagined 630 Nimes Road in Bel Air (formerly known as Le Belvedere, the childhood home of models Gigi and Bella Hadid). Drew Fenton represented Packer on the buy-side, while the seller was represented by Stephen Resnick and Jonathan Nash, alongside David Parnes and James Harris
The pair of deals tied as the highest residential sales of the year in LA County and ranked as two of the ten highest sales of the year in the nation per the Wall Street Journal. The deals also topped the ten highest residential sales in Los Angeles of the year as compiled by The Real Deal, of which Carolwood represented six (60%) of them.
In 2025, Carolwood also represented the two highest sales in Beverly Hills and Holmby Hills, three of the five highest sales in Trousdale and Bel Air, two of the three highest sales in the Palisades, five of the ten highest on-market sales in Brentwood, and four of the five highest on-market sales in Los Feliz.
Carolwood’s agents represented the highest residential sales of the year in not just LA County, but in the neighborhoods of Beverly Hills, Bel Air, Holmby Hills, Pacific Palisades, Brentwood Park , Hollywood Hills Los Feliz Silver Lake Outpost Estates Little Holmby Beverly Grove Mount Olympus, and Manhattan Beach
The firm’s unrivaled pool of diverse talent of some 200 elite agents has helped Carolwood to achieve a dominant 27% market share of the $20 million+ residential market and a leading 24% market share
of the $10 million+ market in the prime neighborhoods of Los Angeles, with a sales volume of $5 billion. Of that total, $1.5 billion (30%) was conducted off-market.
The $5 billion figure represents a massive 156% increase year-overyear for the firm. Since its inception in November 2022, Carolwood has closed over $10 billion in sales.
Carolwood’s associates closed 115 sides priced $10 million and above in 2025 over a third (34%) of those deals being conducted inhouse with fellow associates at the brokerage. Not exclusive to just luxury, the firm closed over $1 billion worth of transactions priced $4 million and below in 2025, a 54% increase year-over-year.
Carolwood maintains an estimated $3.5 billion in current inventory, $1.3 billion of which is held off-market. Carolwood announced its in-house pocket listing app available exclusively spring of last year.
The firm continued to bring iconic properties to the market in 2025 including a $135 million trophy property by developer Ardie Tavangarian, a $40 million Brentwood property by Getty Center designer Thomas Juul-Hansen, a pair of Calle Vista properties owned by media mogul Byron Allen, the Kallis-Sharlin Residence by beloved mid-century architect Rudolph Schindler, and Babyface’s famed Studio A at Brandon’s Way (where stars such as Michael Jackson, Whitney Houston, Ariana Grande, and more recorded hits).
Finally, Carolwood proudly became the new exclusive Los Angeles affiliate of Knight Frank this past January. Knight Frank is the leading independent global property consultancy, serving as their clients’ partners in property for 130 years. Headquartered in London, Knight Frank has more than 21,500 people operating from 600 offices across 50 territories. The group advises clients ranging from individual owners and buyers to major developers, investors and corporate tenants.
Carolwood adds the ability to attract prospective buyers globally to its inventory of Los Angeles-area luxury properties. Knight Frank, meanwhile, gains a fast-rising boutique brand as a U.S. partner.
Our roster consists of 200 agents headquartered in Beverly Hills
$5B
Carolwood Estates took in $5 Billion in sales in 2025; a 156% increase year-over-year
$10B
Carolwood Estates has taken in an impressive $10 Billion in sales since our inception
5 7 out of
Carolwood represented 5 of the 7 highest brokered sales in Los Angeles in 2025
Tied for Highest Sale in LA County
%
Carolwood achieved a dominant 71% share of the brokered $50 Million+ market in 2025
$20M+ Residential Mar ket
30% of Carolwood’s annual sales volume was conducted off-market; totaling $1.5 Billion 34%
34% of our deals above $10 Million were conducted in-house between agents at Carolwood
Carolwood closed 115 sides priced $10 Million and above in 2025; totaling $3.1 Billion making up 63% of our annual volume
Significant Sales
O ur Highest Sales of 2025
THE MANOR, HOLMBY HILLS
$110,000,000 Represented the Buyer + Seller
630 NIMES RD, BEL AIR
$110,000,000 Represented the Buyer + Seller
$86,000,000 Represented the Buyer Second
391 N CAROLWOOD DR, HOLMBY HILLS
1028 RIDGEDALE DR, BEVERLY HILLS
$60,000,000 Represented the Seller
942 N ALPINE DR, BEVERLY HILLS
$51,750,000 Represented the Seller
11740 CRESCENDA ST, BRENTWOOD
$44,000,000 Represented the Seller
OFF-MARKET ROCKINGHAM ESTATE
$42,000,000* Represented the Buyer + Seller
OFF-MARKET LINDA FLORA ESTATE
$31,250,000 Represented the Seller
750 LAUSANNE RD, BEL AIR
$32,000,000 Represented the Seller
755 SARBONNE RD, BEL AIR
$28,500,000 Represented the Seller
OFF-MARKET MALIBU RD ESTATE
$28,500,000 Represented the Seller
218 STRADA CORTA RD, BEL AIR
$27,500,000 Represented the Seller
2650 BENEDICT CANYON DR, BHPO
$28,000,000
Represented the Seller
620 N BEVERLY DR, BEVERLY HILLS
$27,000,000 Represented the Seller
1124 NAPOLI DR, PACIFIC PALISADES
$25,750,000 Represented the Buyer + Seller
355 S MAPLETON DR, HOLMBY HILLS
$25,500,000* Represented the Seller
O ur Highest Sales of 2025 cont.
Highest Sale in Manhattan Beach OFF-MARKET 8TH ST ESTATE
$25,000,000
Represented the Seller
9050 ORIOLE WAY, BIRD STREETS
$24,999,000*
Represented the Buyer + Seller
127 S BURLINGAME AVE, BRENTWOOD
$23,000,000
Represented the Buyer
227 N TIGERTAIL RD, BRENTWOOD
$22,995,000* Represented the Buyer
1054 ANGELO DR, BEVERLY HILLS P.O.
$22,500,000*
Represented the Seller
141 N BENTLEY AVE, BEL AIR
$22,000,000 Represented the Seller
Highest Sale in Little Holmby
10301 STRATHMORE DR, LITTLE HOLMBY
$21,995,000*
Represented the Seller
545 CHALETTE DR, TROUSDALE
$20,630,000
Represented the Seller
14924 CAMAROSA DR, PACIFIC PALISADES
$25,000,000*
Represented the Seller
Highest Sale in Los Feliz
4533 COCKERHAM DR, LOS FELIZ
$24,995,000*
Represented the Seller
1174 N HILLCREST RD, BEVERLY HILLS
$23,000,000
Represented the Seller
702 N SIERRA DR, BEVERLY HILLS
$22,950,000*
Represented the Seller
327 DELFERN DR, HOLMBY HILLS
$22,500,000*
Represented the Seller
1701 WESTRIDGE RD, BRENTWOOD
$22,000,000
Represented the Buyer
1104 N TIGERTAIL RD, BRENTWOOD
$21,000,000
Represented the Seller
13961 AUBREY RD, BHPO
$20,000,000
Represented the Seller
THE TWO HIGHEST SALES OF 2025
BEVERLY HILLS
1028 RIDGEDALE DR HIGHEST SALE IN BEVERLY HILLS
$60,000,000
Represented the Seller 942 N ALPINE DR
$51,750,000 Represented the Seller
1174 N HILLCREST RD
$23,000,000 Represented the Seller
545 CHALETTE DR
$20,630,000
Represented
$16,500,000
Represented the Seller
The Manor, Holmby Hills | $110,000,000 Tied
$110,000,000
Represented the Buyer + Seller
$32,000,000
Represented the Seller LINDA
$31,250,000
Represented
THE TWO HIGHEST SALES OF 2025
HOLMBY HILLS
$110,000,000
Represented
$86,000,000
Represented the Buyer
$20,283,800
Represented
Tigertail Rd, Brentwood | $23,995,000
PACIFIC PALISADES BRENTWOOD PARK
1844 Silverwood Ter
Highest Sale in Silver Lake
HOLLY WOOD HILLS OUTPOST ESTATES
“By
collaborating with best-in-class boutique brokerages like Carolwood, we can offer our clients a superior service, global reach and trusted connections on the ground.”
Paddy Dring , Head of Global Prime Sales and Knight Frank’s Private Office
Knight Frank is the leading independent global property consultancy, serving as their clients’ partners in property for 128 years
Carolwood was ranked the #1 boutique brokerage by total sales volume by the LA Business Journal in 2025
Knight Frank won Deal of the Year in Retail, Hospitality and Leisure for a £400 million hotel portfolio sale in 2025
Carolwood was ranked the #1 boutique brokerage by on-market sales by The Real Deal for July ‘24 - July ‘25
Carolwood Estates Inks Partnership with Knight Frank
Beverly Hills-based Carolwood Estates has entered into a partnership with London property consultancy Knight Frank, expanding its reach into global markets.
Looks like Carolwood Estates found a way to go international minus the overhead of opening new offices. The Beverly Hills-based boutique struck a partnership with London property consultancy Knight Frank, further expanding the brand’s reach into the global markets.
Carolwood adds the ability to attract prospective buyers globally to its inventory of Los Angeles-area luxury properties. Knight Frank , meanwhile, gains a fast-rising boutique brand as a local partner.
Last year, Carolwood ranked fourth among Los Angeles County’s top brokerages, based on volume of on-market deals closed between July 1, 2024 and July 1, 2025. The brokerage notched $3.3 billion across 478 transactions, making a sizable jump after debuting on The Real Deal’s 2024 ranking at No. 8.
Per a joint press release, “Knight Frank is the leading independent global property consultancy, serving as their clients’ partners in property for 130 years. Headquartered in London, Knight Frank has more than 21,500 people operating from 600 offices across 50 territories. The group advises clients ranging from individual owners and buyers to major developers, investors and corporate tenants.”
Carolwood’s client base and inventory are the “perfect fit,” for Knight Frank business,” CEO and co-founder Drew Fenton said in a press release.
Fenton and the management team at Carolwood , which was founded in November 2022, have remained firm in a strategy of building a strong, local presence in LA’s high end rather than aim to build a national business.
Still, the brokerage found ways to expand without minimal operating costs.
In May, Carolwood made good on its desire to own the local high-end when it launched its private listings portal, called Carolwood Private Portal, in a bid to take advantage of its market share.
Per a joint press release, “Carolwood Estates is the preeminent boutique brokerage in Los Angeles focused on the highest segment of the market. Headquartered in Beverly Hills, Carolwood’s elite roster of 200 associates closed $5 billion in sales in 2025 nearly 30% of which was conducted off-market. The firm represented both sides of the two highest sales in Los Angeles of 2025, both closing at $110 million each respectively.”
Knight Frank in numbers 130 years
A truly global brand legacy celebrating 130 years in 2026
3,000
$100m+ clients on the Middle East and European database
8
Private Office teams in London, New York, Dubai, Jeddah, Singapore, Hong Kong, Sydney and Melbourne
33%
of all our global property sales are done off-market
72,000
press mentions globally in 2025
39% of Forbes listed billionaires are direct clients of Knight Frank
11,000
$30m+ clients on the Middle East and European database
£565m
transacted by the Private Office teams in 2025 in UK residential alone
One team
Fully integrated residential and commercial private capital strategy
1,255 mentions in top tier media globally
Our global network
600+ Offices
Over 50 Markets
21,500+ People
1 Global network
United Kingdom 4 Markets
England | Scotland
Wales | Jersey
2,800+ PEOPLE
4,000+ PEOPLE
The Americas 5 Markets
Bahamas | Barbados | Canada St Barts | United States of America
Africa 11 Markets
Botswana | Egypt | Kenya | Malawi
Morocco | Nigeria | South Africa
Tanzania | Uganda | Zambia | Zimbabwe 120+ OFFICES
Europe 23 Markets
Austria | Belgium | Bulgaria | Czech Republic
Denmark | Finland | France | Germany | Greece
Hungary | Iceland | Ireland | Italy | Monaco
Netherlands | Poland | Portugal | Romania
Serbia | Spain | Sweden | Switzerland | Turkey
1,110+
The Middle East 4 Markets
Kingdom of Bahrain
Kingdom of Saudi Arabia | Qatar
United Arab Emirates
Asia Pacific 17 Markets
Australia | Cambodia | Chinese Mainland
Fiji | Hong Kong SAR | India | Indonesia
Japan | Macau SAR | Malaysia | New Zealand
Philippines | Singapore | South Korea
Taiwan | Thailand | Vietnam
The Kallis-Sharlin Residence, Hollywood Hills | $6,350,000
On the Market
73 Beverly Park Ln , Beverly Hills P.O. | $79,990,000
N Bonhill Rd , Brentwood | $36,950,000 The Rutherford House, Beverly Hills | $39,500,000
