Strand Hill | Christie's International Real Estate
1131 Morningside Drive
Manhattan Beach,
CA 90266

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Rolling Hills New High with $ 15.5 Million Sale

Aaron Leon, founder and chief executive of Long Beach-based printing supplies retailer LD Products, and his wife, Megan, paid $3 million less than the asking price for a contemporary-style ranch house on East Crest Road. The sellers were Los Angeles investment banker Brent Stevens and his wife, Marie Annette.

The high-dollar sale is among the priciest historically in the guard-gated community and the most expensive since October, when a nearby mansion with five subterranean levels sold at auction for $22.4 million.

The gated estate sits high up on a knoll with ocean and city views. In addition to the main house, the six-acre property has a swimming pool, a pool house, a tennis court and an Olympic-sized riding ring. Meandering trails connect the various amenities and structures.

The ranch house, built in 1950 and since renovated, has 6,100 square feet on a single level. An open-concept living room, a chef’s kitchen, a family room, five bedrooms and four bathrooms are among living spaces.

Gerard Bisignano of Vista Sotheby’s International Realty was the listing agent. Kevin Pratt of Strand Hill Christie’s International Real Estate represented the buyers.

Original article Top sales: Rolling Hills hits a 2019 high with $15.5-million sale appeared in LA Times. View full article here.

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Strand Hill | Christie's International Real Estate deems information reliable but not guaranteed. Strand Hill | Christie's International Real Estate fully supports the principles of the Fair Housing Act (Title VIII of the Civil Rights Act of 1968), which generally prohibits discrimination in the sale, rental, and financing of dwellings, and in other housing-related transactions, based on race, color, national origin, religion, sex, familial status, and handicap (disability).

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