Menu
Montecito
Pac Premier
Giving Guide
Loading...
You are here:  Home  >  Features  >  Current Article

$75M estate

By   /   Sunday, July 19th, 2009  /   Comments Off on $75M estate

    Print       Email

It’s been a bad year for California homeowners. Many have seen their property values plummet, and the luxury market is no longer insulated.

The real estate market in and around Los Angeles has taken a hit, but one Ventura County luxury homeowner is adapting his strategy to fit the downturn.

Instead of reducing the $75 million listing price for his 125-acre equestrian estate in Simi Valley, billionaire owner David Saperstein changed his game plan.

The full version of this article is only available to print subscribers. To view everything the Business Times offers, see this week’s print version or SUBSCRIBE for $49.99 today.

    Print       Email