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Iconic $350M Bel Air Estate Becomes Priciest Listing in the U.S.

One of Bel Air’s most iconic estates is now the most expensive property available on the open market in the United States. The Chartwell Estate, owned by late TV executive and Univision head A. Jerrold “Jerry” Perenchio, has hit the market with an elephantine $350 million asking price. That’s a $100 million higher than the lavish $250 million Bel Air listed earlier this year by developer Bruce Makowsky—previously the nation’s priciest listing. 

The home was built in 1933 by architect Sumner Spaulding. In the 1960s, the sprawling, neoclassical French chateau style home was famously used for exterior shots of the Clampett residence on The Beverly Hillbillies.

The main residence of the $350 million estate has only traded hands twice before this. It sold in the 1940s to hotelier Arnold Kirkeby and later sold it to Perenchio for $13.5 million in 1986, according to property records. Perenchio renamed the 25,000-square-foot estate “Chartwell” and engaged designer Henri Samuel—whose client list included the Vanderbilts, Rothschilds, and fashion designer Valentino—to redesign the palatial home.

Perenchio, who died in May at the age of 86, lived in the historic mansion for 30 years and during that time, he purchased neighboring properties that doubled the estate to 10.3 acres.

Nestled on 10.3-acres, the enormous estate includes carefully sculpted gardens, fountains, grassy lawns, a tennis court, 75-foot swimming pool, and covered parking for 40 vehicles. Other luxurious features include a Wallace Neff-designed guest house, a ballroom, wine cellar, formal salon, and period-paneled dining room.

The media mogul, whose famous deals included promoting the Muhammad Ali-Joe Frazier boxing match in 1971 and buying failing Spanish-language channel Univision and selling it 15 years later for $13.5 billion, was worth an estimated $2.7 billion at the time of his death.

Chartwell is listed by Jeff Hyland, Drew Fenton and Gary Gold of Hilton & Hyland; Joyce Rey, Jade Mills and Alexandra Allen of Coldwell Banker Global Luxury; and Drew Gitlin and Susan Gitlin of Berkshire Hathaway HomeServices.

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