Modernist Estate Receives Multiple Offers and Closes Over List Price

by StJames + Canter on June 19, 2012

in Latest News,Media

920NFoothillDr Pool 421x280 Modernist Estate Receives Multiple Offers and Closes Over List Price920 N Foothill Dr, Beverly Hills

As a result of efforts made by Prudential California Realty agents Cristie St. James and Markus Canter, the luxury Beverly Hills estate located at 920 N. Foothill Drive sold in the first week it was on the market. The post-and-beam Modernist property, designed by the well known architect, A. Quincy Jones, entered the market with a listing price of $6.499 million, attracted seven offers and closed eight days later for $6.625 million.

“The pace of sales indicates that the market is definitely recovering,” noted St. James, who together with her partner Markus Canter is based in Prudential’s Beverly Hills office. “We had approximately 300 people view this property and received seven offers within the first 48 hours of showing it. It’s been over four years since the market has seen this sort of excitement and activity,” added Canter. They represented the seller and are known as one of the most prominent real estate teams in Los Angeles.

920NFoothillDr Front 422x280 Modernist Estate Receives Multiple Offers and Closes Over List PriceThe home is sited on a prime Beverly Hills lot with over 35,000 square feet of space, per assessor. It includes five bedrooms, 18’ ceilings and an open floor plan that seamlessly blends the indoor and outdoor living spaces.

Hidden from the street by a long gated driveway, this contemporary estate offers privacy, an entrance courtyard and a sparkling water fountain. The sunken living room is a grand venue for entertaining and an indication of the focus on purity and elegance that were applied to every inch of this distinctive home.

Walls of glass showcase the property’s park-like grounds, which include a pool and professional landscaping. There is a three car garage as well as enough room to easily park 10 cars off of the street.

920NFoothillDr LR 421x280 Modernist Estate Receives Multiple Offers and Closes Over List PriceSt. James and Canter attributed their success with the sale to their ability to develop innovative marketing campaigns, combined with their extensive knowledge of the luxury real estate market in Beverly Hills. They are directors of Prudential’s Luxury Division and have continually ranked at the forefront of the national real estate market.

Cristie St. James and Markus Canter can be contacted through Prudential California Realty’s Beverly Hills office, at 310-777-2888, or 310-248-6448, respectively; they may be reached via email at StJamesEst@aol.com or MarkusCanter@prula.com.

 

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