Christie’s International Real Estate released their 10 Significant Luxury Home Sales from 2024, and we’re thrilled to share that Christie’s International Real Estate | Southern California secured the second most notable sale in 2024!
Take a look at the extraordinary transaction that made its place on this prestigious list.
10721 Stradella Court, Los Angeles, California
Sold Price: $90,000,000
Listed By: Aaron Kirman, Kirby Gillon and Bryce Lowe, Christie’s International Real Estate | Southern California
The Story: In September, in an off-market transaction, an anonymous buyer paid $90 million for this contemporary 20,000-square-foot estate in Bel Air. The kicker: the buyer purchased the property using Bitcoin, which skyrocketed in the 4th quarter of 2024. This means that if the seller is still holding the Bitcoin today, it would be worth at least 50% more than at the time of the sale. According to Aaron Kirman, the listing agent and founder and CEO of Christie’s International Real Estate | Southern California, more luxury homebuyers, particularly from the tech-forward Gen-Z and Millennial cohorts, are using cryptocurrency to purchase trophy real estate. Given the growing popularity of the practice – and the price points involved – Kirman has established a special group within his brokerage to handle these complex transactions. He estimates that Christie’s International Real Estate | Southern California brokered $150 million worth of real estate involving crypto in 2024.
You can check out the rest of the list here.