The Los Angeles Times reports a Santa Monica residence bordering the Riviera Country Club changed hands in a deal outside the Multiple Listing Service for a whopping $41,082,000, which is the highest price ever paid for a home in the city.
The Times discovered the sale via public records, and given it was conducted outside the MLS, details of the deal are few. The property includes an acre of land along Woodacres Road. It was last sold as a vacant lot for $8.6 million in 2012. However, the Times found building permits that show a two-story residence with basement level was completed in 2015. The property also includes a swimming pool, patios, lawns and mature trees.
Sources told the Times the seller of the property was Steve Levitan, co-creator of the television show “Modern Family.” As for who was the buyer, the Times has found evidence pointing to a Kevin L. Washington, who is most likely the son of Montana-based billionaire industrialist Dennis Washington of that same name.
This home was also the highest-priced purchase in all of Los Angeles County for August. The next-highest was a half-acre estate in Manhattan Beach that fetched $19.95 million. Here it is: