California's Butterfly-Shaped House That 'Fits So Beautifully With Nature' Sells In One Of Carmel's Priciest Deals

Start generating passive income through real estate.

Own a piece of your favorite cities through diversified real estate investments in the country's top markets

*Terms and conditions apply. Visit Nada's website for more details.

The Butterfly House, a unique architectural marvel in Carmel, California, has been sold for $29 million, marking one of the highest transactions in the region, The Wall Street Journal reports.

Details of the Transaction: The previous owners, venture capitalist Kevin Comolli and his wife, Hannah Comolli, bought the property for $16.5 million in 2014.

“The home fits so beautifully in with nature, its balance and longevity changed our lives for the better,” Kevin said. The buyer’s identity remains undisclosed.

The Butterfly House: Designed by architect Frank Wynkoop in the early 1950s, the Butterfly House is named for its wing-shaped roof. The property, located on Carmel Point, overlooks the ocean and includes a private beach with a swimming cove. The house spans about 3,700 square feet, featuring three bedrooms, an office, a media room, and an interior courtyard with a pool and hot tub.

See Also: Jim Cramer Weighs In On Cathie Wood’s And Larry Fink’s Portfolio: Don’t Want Your Nest Egg To Be Concentrated

High-Value Transactions in Carmel: This sale is among the most expensive in the Carmel area. Last year, actor Brad Pitt purchased a significant architectural home in the area for $40 million.

Read Next: Jack Dorsey’s Block Is Building Sci-Fi Inspired Crypto Wallet To Safeguard Bitcoin Business

Image via Shutterstock


Engineered by Benzinga Neuro, Edited by Pooja Rajkumari


The GPT-4 Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.


Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsMediaGeneralReal Estatebutterfly houseCaliforniaReal Estate
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!