Living among the trees in the hippest part of the city

It’s a part of Sydney that is often overlooked but the unassuming suburb of St Peters in the inner west has a lot to offer the discerning buyer.

Once better known for its brick chimneys than its beautiful locale, it is now coming into its own as people looking for a little creative culture get priced out of nearby neighbourhoods such as Marrickville and Newtown.

So in an area where land and green space is scarce, it’s hard to pass up a property like 2 Crown Street. Offering four bedrooms and two bathrooms over two levels, the home backs onto the best park in the suburb, Sydney Park.

Surrounded by tree canopies, there’s a sense of living in the treetops, which is further enhanced by the easy flow between indoor and outdoor spaces.

While the integrated stone kitchen overlooks the open plan living area bathed in north easterly natural light, it’s the master bedroom on the upper floor that’s the showstopper, with bifold doors that retract entirely to lead onto an enclosed terrace amongst the trees.

Surrounded by primary and secondary schools, this is an ideal family home located within easy walking distance of St Peters Station and the burgeoning restaurant district of south King Street. A spacious double garage with ample storage is fittingly embellished with landscaping.

Address: 2 Crown Street, St Peters

Auction: 10.30am, March 25, 2023

Price Guide: $2.1 million

Agent: Brad Gillespie, Property Partner, The Agency, bradg@theagency.com.au 0418 448 295

One of the priciest homes for sale in the Los Angeles area just got $40 million knocked off its listing price.

The Beverly Hills megamansion is now listed for $135 million, the highest asking price on the open market in Los Angeles County.

One other property , in Bel-Air, is also asking $135 million after a similar-sized price cut last month.

“It’s time (for the sellers) to move to the next chapter…They’re ready to pass the torch,” said Kurt Rappaport of Westside Estate Agency, who shares the listing with his colleague Stephen Shapiro.

The home was built for Tony Pritzker—heir to the Hyatt Hotel fortune and brother of Illinois Gov. JB Pritzker—and Jeanne Pritzker, who listed the home for sale in October 2024 for $195 million after settling their divorce, The Wall Street Journal reported at the time. That price was lowered to $175 million in April.

The estate is made up of multiple parcels, and, under an LLC, they bought at least some underlying property in 2005 for about $14.7 million, according to records accessed via PropertyShark.

The Pritzkers hired architect Ed Tuttle to design their contemporary mansion, made of steel, glass and limestone and completed in 2011. At 50,000 square feet, it’s one of the largest homes in the U.S., and nearly as big as the White House.

It stands on a 6-acre promontory—an unusually large lot size for Beverly Hills—allowing for an unobstructed view that stretches across Los Angeles all the way to the ocean.

“It’s one of the best and largest view promontories in Los Angeles,” Rappaport said. “The architecture design and scale of the property are irreplaceable.”

The 16-bedroom, 27-bathroom home is filled with all the expected high-end amenities, including a theater, a game room, a bowling alley, a wellness centre, a gym and a wine cellar, according to the listing.

There’s also a security room, 18 fireplaces, solar panels, and a heating and cooling system powered by geothermal technology.

On the grounds, there’s a two-story, two-bedroom guest house; parking for up to 100 cars; a green marble infinity pool and hot tub; an outdoor kitchen; and a lighted tennis court with a pavilion, according to the listing.

The Pritzkers couldn’t be reached for comment.

Living among the trees in the hippest part of the city

There’s more to this suburb than brick pits and freeways

The megamansion was built for Tony Pritzker, heir to the Hyatt Hotel fortune and brother of Illinois Gov. JB Pritzker.