I. INTRODUCTION
In November of 2022, we officially debuted Carolwood Estates to the world. By successfully combining the top sales, marketing and management talent from across the luxury residential landscape of Los Angeles, we were able to make an unprecedented impact almost overnight. The Real Deal ranked our debut as one their most buzzworthy stories of the year.
As we entered 2023, our single penthouse office in Beverly Hills housed 90 licensed associates, whose combined career sales volume totaled over $22 Billion with $2.9 Billion sold in the past year alone. We brought over $1.6 Billion worth of iconic properties to market including the world-famous Manor, Jennifer Lopez’s 8-acre Bel Air compound, and a Hollywood Hills castle once owned by Madonna.
Our agents were featured heavily in high-profile lists such as Variety’s Showbiz Real Estate Elite, the Los Angeles Business Journal’s Top 100 Residential Brokers and Los Angeles Magazine’s Real Estate All-Stars.
March in particular was an incredible month for us, as we sold over $315 Million worth of listings with $81 Million sold in the first week alone.
We achieved the highest sales for the first quarter of the year in the neighborhoods of Bel Air, Sunset Strip, Hollywood Hills, and Los Feliz. They include a Zoltan Pali design in Bel-Air, a confidential celebrity compound, John Lautner’s Garcia House and the new home of a Powerball jackpot winner.
By the first quarter’s end, we achieved a dominant 27% of the $20M+ residential market across Los Angeles and a dominant 21% of the $10M+ residential market in our core neighborhoods.
Not exclusive to just luxury, our firm has sold $120 Million worth of properties priced $4 million and below year to date.
Our elite roster grew this quarter as we welcomed Stephen Sigoloff, Nichole Shanfeld, Marci Kays, Jonathan Mogharrabi, Lisa Sockolov, Peter Zimble, Michelle Ficarra and Nick Spiro to our firm.
We invite you to enjoy our inaugural Spring 2023 report recapping our performance over the past quarter. We're only getting started.
May 3rd, 2023
Carolwood Estates makes its debut ...
Carolwood Estates is a boutique brokerage based in Beverly Hills focused on the highest end segment of the market. Named after one of the finest streets in Los Angeles - Carolwood Estates is synonymous with prime locations. Founded by veteran agents and management with a combined 50 years of experience, Carolwood Estates is an organic extension of their collective passion for iconic properties.
$22B
Our agents have collectively achieved a massive $22 Billion in total career sales.
$2.9B
Our agents collectively achieved an estimated $2.9 Billion in total sales volume in 2022.
$1.6B
Carolwood Estates currently represents over $1.6 Billion worth of active inventory.
Carolwood Estates is comprised of 90 top-producing licensed agents; all located at our single office in Beverly Hills.
$32M
The average annual sales volume per agent for our current roster totals an estimated $32 Million.
$6.9M
The average price per transaction in Q1 of 2023 at Carolwood Estates totaled an impressive $6.9 Million.
$10M+ Residential Mar ket
Carolwood
Drew Fenton and Resnick & Nash represented the highest sale in Holmby Hills in 2022 for $120 Million The third highest sale in the nation.
28% of our agents’ deals priced $10M+ in 2022 were conducted with fellow associates at Carolwood Estates
Carolwood Estates represented the highest sales in Bel Air, Holmby Hills, Sunset Strip, Hollywood Hills and Los Feliz in Q1 2023.
1196 Summit Dr, Beverly Hills
Highest Sale in the History of the Eastside
OFF-MARKET LOS FELIZ ESTATE
$38,500,000
Represented the Buyer + Seller
Highest Sale in Holmby Hills Q1 2023
OFF-MARKET HOLMBY HILLS ESTATE
$29,500,000
Represented the Buyer + Seller
Highest Sale on the Sunset Strip Q1 2023
8365 SUNSET VIEW DR, SUNSET STRIP
$25,500,000
Represented the Seller
Highest Sale in the Hollywood Hills Q1 2023
THE GARCIA HOUSE, HOLLYWOOD HILLS
$12,500,000
Represented the Buyer
1196 SUMMIT DR, BEVERLY HILLS
$11,100,000
Represented the Buyer + Seller
OFF-MARKET BEVERLY HILLS ESTATE
$10,000,000
Represented the Seller
1201 TOWER GROVE DR, BHPO
$38,000,000
Represented the Buyer + Seller
Highest Sale in Bel Air Q1 2023
638 SIENA WAY, BEL AIR
$26,000,000
Represented the Seller
938 N ALPINE DR, BEVERLY HILLS
$17,995,000
Represented the Seller
2357 KIMRIDGE RD, BHPO
$11,700,000
Represented the Buyer
13705 ROMANY DR, PACIFIC PALISADES
$10,300,000
Represented the Seller
The Manor, Holmby Hills | $155,000,000
Featured listings from our available inventory, currently valued at $1.6 Billion in total.
133 S Mapleton Dr, Holmby Hills | $65,000,000
1013 N Roxbury Dr, Beverly Hills | $28,000,000 1250 Bel Air Rd , Bel Air | $38,500,000
Tower Grove Dr, Beverly Hills P.O. | $21,500,000
111 N Mapleton Dr, Holmby Hills | $34,999,999
946 Rivas Canyon Rd , Pacific Palisades | $12,900,000
10702 Levico Way, Bel Air | $31,500,000
9240 Robin Dr, Sunset Strip | $12,500,000
Featured listings priced $8 Million and below from our current luxury inventory.
1270 Angelo Dr, Beverly Hills P.O. | $7,999,000
Devon Ave, Little Holmby | $6,750,000
S Glenroy Ave, Westwood | $4,495,000 1698 Marmont Ave, Sunset Strip | $5,950,000
10259 Century Woods Dr, Century City | $6,195,000
2181 Beech Knoll Rd , Laurel Canyon | $3,495,000
Norwich Dr, West Hollywood
Eden Dr, Beverly Hills P.O. | $5,995,000
Credits
Drew Fenton CEO, Co-Founder
Ed Leyson CMO, Co-Founder
Nick Segal Managing Broker
Chatty Arrieta Director of Operations
Richard Maslan Associate Manager
Robert Welper Operations Manager
Yvonne Agnew Compliance Manager
Andy Ledwedge Creative Director
Judith Parker Marketing Manager
Rich Carrillo Digital Media Director
Glorioso T. Fajardo Senior Designer
Jacob Fajardo Admin + Marketing
Robert Hernandez Admin + Marketing
Lauren Macarro Concierge
Adeena K. Fitterman
Adel Askari
Adi Werthman
Alex Soriano
Alexia Assouline
Alphonso Lascano Andrew Rhoda
Aren Afsharian
Austin Barthel
Barbara Duskin
Barbara Robinson
Barbara Tenenbaum
Ben Malka Billy Dolan Bjorn Farrugia
Brenda Chandler Cooke
Brent McEwan
Brett Lawyer
Brian Campbell
Chad Haines
Chaya Van Essen
Cooper Mount
Debra Dresner
Delaram Rivani
Denise Moreno
Devorah Balakhaneh
Eden Bonbright
Emma Weiner
Eric Colwell
Eric Hassan
Gordon MacGeachy
Guy Levy
Harry Whelan IV
Hicham Belkssir
Hilary Markus
Jamie Davis
Jane Dorian
Jasmine Shaouli
Jenna Sanchez
Jennifer Levine
Jerome Kerr-Jarrett
Padilla
Kevin Pankow
Ladd Jackson
Lauren Sugarman
Linda May
Linda Wilcox
Lisa Sockolov Marci Kays
Marcie Hartley
Mark Rutstein
Max Lavine
Michael Manheim
Michelle Ficarra
Nick Spiro
Nicole Kornhauser
Olivia Mallano
Omid Khaki
Peter Zimble
Philip Roslev
Richard Ehrlich
Robert Kass
Rudy Serrato
Sham Nooristani
Shane McCoy Fermelia
Shaun Alan-Lee
Spencer Mow
Stephen Resnick
Stephen Sigoloff
Susân Perryman
Susan Smith
Thomas Glabman
Trista Rullan
Zoe Gordon
©2023 Carolwood Estates. If your property is currently listed, please disregard this notice. It is not our intention to solicit the offerings of other brokers. Market statistics are based on sales reported in the Multiple Listing Service, public records and other sources. All data is obtained from various sources and has
