Sold on the Lifestyle
Nearly Half of Montage Residences Beverly Hills Sold
In a promising sign for the upper tiers of the real estate market, nearly half of the multi-milliondollar Residences at Montage Beverly Hills have been sold. Most recently, a four-bedroom sold for over $10 million, the second Residence to top the $10 million price point. Developed in tandem with the two-year-old Montage Beverly Hills, a 201-room luxury hotel in the city’s Golden Triangle, the collection of 20 Residences came onto the market in 2009; nine have now closed and one is currently under contract.
Located on the top two-and-a-half floors of the Forbes Five Star and LEED® Gold certified hotel, the collection offers owners all of the services and amenities associated with the luxury hotel including access to the 20,000 square foot spa, fitness center and restaurants including award-winning chef Scott Conant’s newly opened Scarpetta, in addition to service from the residential concierge staff.
The two- to five-bedroom Residences range from 1,900 to 5,700 square feet and are priced from $4.6 to $16.8 million. The first resident, real estate developer Lawrence Field of Beverly Hills, paid nearly $7 million for a three-bedroom unit that looks north to the Hollywood Hills.
“I love the view,” said Field. “It really looks like Rome or Istanbul.”
Sotheby’s International Realty in Beverly Hills has the Montage listings. For further information on Montage Residences Beverly Hills you can explore www.montageresidencesBH.com, or contact Montage Residences at (310)860-7899.
About Montage Hotels & Resorts
Montage Hotels & Resorts is a hotel and resort management company founded in 2002 by Alan Fuerstman. Designed to serve affluent travelers and homeowners, the company features an artistic collection of distinctive hotels, resorts and residences in stunning settings that offer comfortable elegance, a unique sense of place and spirit, impeccable hospitality and memorable culinary, spa and lifestyle experiences. Montage Laguna Beach, the company’s flagship oceanfront resort, opened in the vibrant arts community of Laguna Beach, California, in 2003. Montage Beverly Hills, the company’s second hotel, opened in Beverly Hills in 2008 and was the first Gold LEED certified hotel and residences in Southern California. Montage Deer Valley, located in Park City, Utah, is the company’s third property, which opened in December 2010.
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