Hidden by high hedges and towering palms, the exterior of the slightly-more-than-4,700-square-foot home has a low-key Mediterranean design with alabaster stucco walls and a terra-cotta-tiled roof, while the inside of the four-bedroom, 3.5-bathroom abode has a cozy, light and bright modern-farmhouse vibe. The listing was held by Billy Rose at The Agency.
Another rental option — a lease with an option to buy — could become more popular as pandemic-induced uncertainty in the market makes some home shoppers want to rent a residence for a few months before buying it. “You might consider trying to build a lease option if you think it’s something that you might want to buy, but you’re kind of test-driving it first,” said Billy Rose, co-founder and president of The Agency, a brokerage headquartered in Los Angeles.