SHERMAN OAKS, Calif.--(BUSINESS WIRE)--Woodbridge Luxury Homes of California announced that it has purchased the 1,920 square foot home of actress Peggy Lipton, for $3.7 million.
Lipton, the former Mod Squad star, purchased the property in 1998. The ranch-style house, which is set on a hillside above the Knoll and Greystone estates, is single-story, with three bedrooms and two bathrooms. It features a long balcony along the rear of the home, with panoramic views of Los Angeles. The property also features a terrace and swimming pool.
Woodbridge Luxury Homes is very active in the purchase, renovation, and ground up development in the Sherman Oaks, Beverly Hills and Bel Air neighborhoods. Last week, Woodbridge Luxury Homes announced the sale of a 6,500 square foot Hidden Hills equestrian ranch to entertainer Miley Cyrus for $5 million.
Woodbridge Luxury Homes of California is a division of the Woodbridge Group of Companies, LLC. Future projects include a new 25,000 square foot home being planned for a prime lot in the Trousdale section of Beverly Hills and a 40,000+ square foot mega-mansion near the Bel Air Hotel.
About Woodbridge Group of Companies, LLC
The Woodbridge Group of Companies, LLC consists of: Woodbridge Structured Funding, LLC, a leader in the structured funding industry since 1993; Woodbridge Luxury Homes of California, a full-service, real estate company specializing in buying and selling luxury real estate in the Los Angeles area; Woodbridge Realty of Colorado, a full-service, real estate company that sells commercial and residential properties in Aspen, Basalt, Carbondale, and Glenwood Springs, Colorado; Riverdale Funding, LLC, 35 years of experience in working with commercial loans, first mortgages and real estate acquisitions; and Woodbridge Structured Funding Foundation, the philanthropic wing of the Woodbridge Group of Companies, the Foundation seeks to improve the quality of life of sick children, distressed women, and veterans in need.