• Follow
  • Follow
  • Follow
  • Follow
  • Follow
  • News
    • Current News & Events
    • Real Estate News & Insights
    • Top Headlines
    • Mortgage Industry News
    • U.S. Housing Market
    • Real Estate Agent Tools
  • Awards
    • Women of Excellence
      • Women of Excellence
      • About
      • FAQs
      • Nomination Form | Women of Excellence
    • Vanguard Awards
  • Education
  • Store
  • Webinars
  • Advertising
Subscribe
★ WRE READER BENEFIT SAVE 40% ON THE CE SHOP • USE CODE WREnews Licensing • Continuing Education • Professional Education START SAVING →
Casa Encantada, Historic LA Estate Mired in Foreclosure Battle, Sells at Auction for $130 Million

Casa Encantada, Historic LA Estate Mired in Foreclosure Battle, Sells at Auction for $130 Million

by Phil Hall | Jul 2, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Casa Encantada, the historic 8.5-acre Los Angeles estate at the center of a prolonged foreclosure struggle, was sold at auction for $130 million. The Wall Street Journal reports the buyer was “a blond man dressed in black” who “declined to identify himself” the...
Casa Encantada, Historic LA Estate Mired in Foreclosure Battle, Sells at Auction for $130 Million

LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction

by Phil Hall | Nov 3, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Los Angeles mansion that was briefly the most US expensive home listed for sale is scheduled to be sold in a foreclosure auction. The Wall Street Journal reports the 8.5-acre Casa Encantada, which made headlines in 2023 with an audacious $250 million listing price,...
Casa Encantada, Historic LA Estate Mired in Foreclosure Battle, Sells at Auction for $130 Million

The Most Expensive Listing Just Got Discounted – to $195 Million

by Phil Hall | Nov 17, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The most expensive residential real estate listing just had its price slashed after five months on the market. According to a Barron’s report, the Bel Air, California-based Casa Encantada, which was listed for a record-high of $250 million in June, was...

Webinars

  • My SafeAgent webinar promotional image for real estate professionals.Real Estate Safety: What Happens When You Can’t Reach Your Phone?
  • How Realtors Can Win Anyway webinar.What Trump’s Investor Policy Could Mean for Real Estate
  • The Ultimate Real Estate Blueprint to Dominate Your MarketThe Ultimate Real Estate Blueprint to Dominate Your Market
  • Unlock Tax Savings with 1031 ExchangeMastering 1031 Exchanges | Maximize Your Real Estate Investments

Recent Posts

  • Illustrative residential buildings; not the acquired LTC community.CareTrust REIT FFO Per Share Jumps 20% as 2026 Investments Reach $2.9 Billi…
  • Tree-lined residential neighborhood in autumn illustrating the U.S. homebuyer market; not homes from the NAR surveyFirst-Time Buyers Remain Just 22% of Market as Record Share Pay Cash
  • Tents beneath an urban overpass illustrating homelessness; not a scene from HUD's January 2026 countHUD Reports 698,425 People Homeless in 2026 Count, Down 6.3% From 2025
  • Aerial view of residential homes illustrating the U.S. single-family housing inventory marketHousing Inventory Drops by 12,093 Homes as Mortgage Rates Ease
  • Illustrative real estate transaction paperwork and house keys; not a Fidelity National Financial transactionFidelity National Financial’s Commercial Title Revenue Rises 19% as A…
WRE News Logo

NEWS CATEGORIES

News/Current Events

Industry Updates

Real Estate News

Mortgage Information

Real Estate Agent Tools

QUICK LINKS

Subscribe to Updates

Advertise with Us

Submit a Guest Post

Contact Us

Subscribe NOW

Follow Us!

  • Follow
  • Follow
  • Follow
  • Follow

© Weekly Real Estate News 2026     Privacy Policy     Terms of Use