L.A. Home Elon Musk Sold to Gene Wilder’s Nephew Listed for $12.95 Million

Comedian Rob Schneider has added another house to his real estate portfolio, buying a home in Los Angeles for about $2.5 million. Located in the San Fernando Valley in the Woodland Hills neighborhood, the single-level home has four bedrooms and four bathrooms across its 3,000 square feet. It was built in the mid-1960s and was recently renovated. Other features include a two-car garage, a 90-bottle custom wine rack and a backyard with a fire pit, pool and spa. Robb Report

Many London home sellers are overvaluing their properties, as the city’s homes typically sell at 5% lower than the listed price, according to data from Upstix. Across England, six out of the 10 worst performing postcodes when it comes to sales under asking are in London, with the West End, Paddington and Marylebone all seeing properties sell at 6.5% below asking. Currently, no postcode in the country achieves property sales above asking price. PropertyWire

A waterfront mansion in Duxbury, Massachusetts, is now the state’s most expensive home for sale. Asking $40 million, the 14,000-square-foot home has 1,000 feet of beach frontage and sits on 25 acres, providing the property with plenty of privacy. Outside, the home has a spacious deck, a swimming pool and a private pier with a dock house. Realtor.com

Home sellers across Australia are making a median profit of A$326,000 (US$219,834) on sales, a 16-year high. Additionally, many cities have also hit multi-year highs for proportions of profit-making resales, with Brisbane leading with 99.5% of homes selling for a profit. And instead of Baby Boomers, those profiting the most are Generation X and older Millennials. Domain