Newly built hillside industrial mansion in Bel Air hits market for $37M

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The Real Deal LA reports that a newly completed brutalist mansion on a Bel Air hillside has entered the market at $36.5 million, the culmination of a years-long project by developer Tim McElwee. McElwee acquired the Linda Flora Drive property in 2017, demolished whatever stood there, and built the 10,950-square-foot residence from the ground up, finishing construction this year. The listing, held by Aaron Kirman of Christie's International Real Estate Southern California alongside Westside Estate Agency, represents the kind of capital-intensive, timeline-sensitive new construction play that defines the upper reaches of Los Angeles real estate development.

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