“There were people that needed to change their living situation,” says Billy Rose, a founder and vice-chairman of The Agency. “As we got deeper, people started to see that life could go on and they focused and reassessed what home meant to them. That’s when the boom started to occur. It’s a function of simple supply and demand. There has been great demand and not a whole lot of supply.”
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.