Subject: 💎 Timeless Charm in Toluca Lake!

Luxury Redefined: Must-See Estate!

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Welcome to Prime Properties Daily â€“ your ultimate destination for high-end real estate insights. From breathtaking architectural designs to lucrative investment opportunities, we deliver essential updates on the world’s most exclusive properties and luxury markets. Trusted by our readers for expert commentary and market trends, Prime Properties Daily also offers advertisers an exceptional platform to connect with a highly engaged, affluent audience.


Our readership is composed of discerning individuals, with a 60% male and 40% female split, primarily aged 30 to 69, and heavily concentrated in the 40-49 demographic. Earning between $120,000 and $250,000 annually, these are real estate investors, high-net-worth individuals, agents, and brokers who prioritize luxury living, property investments, and market trends. Their interests encompass high-end home design and renovations, reflecting their focus on exclusivity and premium quality.


Geographically, this audience is concentrated in key high-value markets such as California, Florida, and New York, making Prime Properties Daily the ideal platform for brands seeking to engage with the elite real estate community.

Timeless Legacy: Iconic Estate Awaits a New Owner

A Historic Treasure on the Market

Bob Hope’s former estate in Toluca Lake, Los Angeles, remains an alluring opportunity for discerning buyers, despite lingering on the market for three years. Initially listed at $27.5 million, the price has now been reduced to $22 million after several adjustments, reflecting the evolving dynamics of luxury real estate.


Flexible Purchase Options Available

This illustrious property, located at 10346 Moorpark St., encompasses a sprawling 2.6-acre main estate and an adjacent three-acre production office. Buyers now have the unique choice to acquire just the main residence for $12 million, providing flexibility for those seeking a piece of Hollywood history.


Architectural Elegance and Spacious Comfort

Designed by the renowned architect Robert Finkelhor in 1939 for Bob and Dolores Hope, the estate boasts a generous 14,876-square-foot main house featuring eight bedrooms and eight bathrooms. The layout includes a grand foyer leading into a formal living room, alongside a family room, bar and billiard room, multiple dining areas, a chef’s kitchen, and a library. The second floor is home to four luxurious bedroom suites, including a master wing.


A Legacy of Star-Studded Gatherings

Over the years, this remarkable residence has played host to numerous celebrity gatherings and notable visitors, enriching its storied past. The estate encapsulates a bygone era, offering a rare glimpse into Hollywood's illustrious history, inviting new owners to create their own unforgettable memories within its walls.

Historic Tudor Home Hits the Market

A Historic Treasure on the Market

Bob Hope’s former estate in Toluca Lake, Los Angeles, remains an alluring opportunity for discerning buyers, despite lingering on the market for three years. Initially listed at $27.5 million, the price has now been reduced to $22 million after several adjustments, reflecting the evolving dynamics of luxury real estate.


Flexible Purchase Options Available

This illustrious property, located at 10346 Moorpark St., encompasses a sprawling 2.6-acre main estate and an adjacent three-acre production office. Buyers now have the unique choice to acquire just the main residence for $12 million, providing flexibility for those seeking a piece of Hollywood history.


Architectural Elegance and Spacious Comfort

Designed by the renowned architect Robert Finkelhor in 1939 for Bob and Dolores Hope, the estate boasts a generous 14,876-square-foot main house featuring eight bedrooms and eight bathrooms. The layout includes a grand foyer leading into a formal living room, alongside a family room, bar and billiard room, multiple dining areas, a chef’s kitchen, and a library. The second floor is home to four luxurious bedroom suites, including a master wing.


A Legacy of Star-Studded Gatherings

Over the years, this remarkable residence has played host to numerous celebrity gatherings and notable visitors, enriching its storied past. The estate encapsulates a bygone era, offering a rare glimpse into Hollywood's illustrious history, inviting new owners to create their own unforgettable memories within its walls.

TODAY'S MEME

Lessons from a Basketball Legend's Home Sale

An Unprecedented Real Estate Journey

A grand estate spanning 56,000 square feet in the affluent suburbs north of Chicago has lingered on the market for over four years, despite numerous price reductions. Initially listed at $29 million in 2012, the current asking price stands at $14,855,000—a number that cleverly aligns with the iconic jersey number associated with its famous owner.


Impressive Features and Amenities

This expansive residence boasts nine bedrooms, 15 full bathrooms, and an array of luxurious amenities including a basketball court, card room, humidor, putting green, fitness studio, and tennis court. The property is marked by imposing front gates displaying the number "23," a tribute to its illustrious former inhabitant.


Creative Marketing Strategies in Action

Despite the challenges in securing a buyer, innovative marketing tactics have highlighted the home as a trophy property. Engaging promotional videos have been produced, capturing the allure of the estate and generating serious inquiries from potential buyers, including international interest, particularly from China. Recent marketing efforts have even targeted affluent Chinese investors through Mandarin-language promotions.


The Challenge of Customized Homes

The unique characteristics and vast size of the estate may contribute to its prolonged time on the market. While located in the upscale Highland Park neighborhood, it lacks the immediate proximity to celebrity hotspots, which can often hinder sales. High-profile properties require strategic marketing to appeal to a select audience, and this home’s specific customization might deter broader interest.


Navigating Celebrity Real Estate Sales

The dynamics of selling high-end properties differ significantly for celebrities compared to average homeowners. Celebrities often have the luxury of time and financial resources, allowing them to hold out for ideal offers without the immediate pressure of needing to sell. This unique situation is compounded by the need for privacy, which can further complicate the sale of well-known residences.


Practical Lessons for Home Sellers

For those seeking swift sales, there are vital takeaways from this real estate saga. Avoid excessive customization or overbuilding, as features that may appeal to one owner might not resonate with potential buyers down the line. Properties must align with the market; over-improvement can alienate prospective purchasers.


Additionally, pricing strategies are crucial. Setting an appropriate price from the outset prevents chasing the market downward, a common pitfall for sellers. Ultimately, creating a property that appeals to a wide audience—like those built by spec developers—can facilitate a smoother transaction.

Architectural Gem in Northern California

A Masterpiece Inspired by Nature

A stunning estate in Woodside, California, offers an exceptional blend of luxury and natural beauty, drawing inspiration from the renowned architectural style of Frank Lloyd Wright. Priced at $14.5 million, this remarkable home reflects a commitment to organic architecture and harmonious design, embodying the essence of the surrounding landscape.


Exquisite Location and Design

Nestled within the prestigious enclave of Woodside, known for its array of elegant residences, this property spans nearly 3.5 acres. Designed by architect William A. Churchill in 1989, the estate features a distinctive angular roof adorned with solar panels, seamlessly integrating modernity with nature. The 8,660-square-foot residence boasts five bedrooms, six full bathrooms, and two half-bathrooms, offering ample space for both relaxation and entertaining.


Luxurious Living Spaces

Upon arrival, a private driveway leads to a beautifully landscaped motor court, surrounded by an acre of professionally managed vineyards producing exquisite grape varietals. Inside, soaring 35-foot teak ceilings and expansive windows flood the home with natural light, while teak walls and floorboards create a warm and inviting atmosphere. The free-flowing floor plan enhances the home's spaciousness, ideal for entertaining guests.


Sophisticated Amenities Abound

Ascending from the entrance, a stylish bar greets visitors, adjacent to a sophisticated living room featuring a floor-to-ceiling marble fireplace and sweeping views of the Santa Cruz Mountains. The estate also includes a games room, a glass-walled formal dining area, a library/office with custom bookshelves, and a kitchen equipped with top-of-the-line appliances, including a glass-fronted Sub-Zero refrigerator.


Serene Primary Suite Retreat

Secluded from the main living areas, the primary suite offers a tranquil haven with high ceilings, a private terrace, and views of the lush forest. Complete with two walk-in closets, two full bathrooms, and a hot tub, this sanctuary ensures privacy and comfort. Each of the additional four bedrooms overlooks the gardens, vineyards, or woodlands, featuring oversized windows and luxurious en-suite bathrooms.


Outdoor Oasis for Entertaining

The property's outdoor amenities elevate its appeal, featuring a multi-level pool deck with an outdoor kitchen, dining areas, and a large swimming pool accompanied by an elevated hot tub. A vegetable garden, expansive lawn, and basketball hoop provide ample space for recreation and relaxation, making this estate a true entertainer's paradise.

Coastal Luxury: Malibu Home with Exclusive Beach Access

Unique Design Meets Scenic Views

A striking contemporary residence in Malibu is now available for $6.37 million, offering breathtaking views of the Pacific Ocean and exclusive access to the famous Paradise Cove. This one-of-a-kind home is perfect for those seeking an extraordinary living experience by the beach, complemented by a design that defies convention.


A Private Retreat in Nature

Nestled on an acre of land behind secure gates, the property at 6166 Ramirez Canyon Road is surrounded by oak-strewn foothills. Built in 1976, the home showcases a cruciform layout accentuated by a series of elegantly curved rooflines. Spanning 4,445 square feet, this residence features four bedrooms and four bathrooms, designed for effortless indoor-outdoor living, with ample glass elements that flood the space with natural light.


Stunning Entrance and Elegant Living Spaces

Upon arrival, guests are welcomed by a curvaceous stone facade adorned with asymmetrical windows. A wrought-iron and glass door opens into a grand entrance gallery, illuminated by a grid of skylights and decorative grillwork. Distressed wood floors flow into the combined kitchen and dining area, where a wall of glass offers stunning ocean views. The kitchen is anchored by a white honed marble center island, while a full-height mirrored backsplash ensures that the picturesque scenery is visible from every angle.


Ideal for Entertaining and Relaxation

Adjacent to the kitchen, a family room boasts another wall of floor-to-ceiling windows that frame both garden and ocean vistas. This seamless transition to the outdoor patio enhances the home’s capacity for relaxation and entertaining, featuring ample space for sun lounging and al fresco dining.


Luxurious Primary Suite and Serene Bedrooms

The light-filled primary suite, located on the lower level, includes a fireplace and a unique skylight feature. A trapezoidal section of glass further connects the space to its natural surroundings. The second-floor bedrooms also provide delightful views, particularly one room that showcases verdant landscapes through an asymmetrical ribbon of windows, creating a treehouse-like ambiance.


Outdoor Oasis with Beach Access

Surrounding terraces lead to lush lawns enveloped in greenery. While the property does not currently feature a pool, the gated entrance to Paradise Cove Beach is just a short drive down the hill. Homeowners have the option to acquire a private “parking pass,” enhancing convenience for those wishing to enjoy the coastal lifestyle.


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