Beverly Hills · Provenance Record
942 North Alpine Drive
$51,750,000 · recorded 2025
Beverly Hills, CA
Villa Oliva, a roughly 12,000-square-foot estate on Beverly Hills's prestigious North Alpine Drive, was held by the Paul family — whose fortune spans a minority stake in the Pittsburgh Steelers and the Ampco-Pittsburgh steel company — for nearly two decades before its 2025 sale. The property sold for $51.75 million, one of the city's largest closings of the spring.
Sale Price
$51,750,000
Record Date
April 14, 2025
Status
Closed
Property Type
Single-Family (Villa Oliva)
Listing Agent(s)
Listing Brokerage
Christie’s International Real Estate SoCal; Carolwood Estates
Buyer’s Agent(s)
Carl Gambino, John Bercsi
Buyer’s Brokerage
Compass
Ownership Lineage
Every press-verified change of hands on record for this property, in order.
Purchased
Stephen and Nancy Paul acquire the property
Stephen Paul, a member of the family that owns a minority stake in the Pittsburgh Steelers and founded steelmaker Ampco-Pittsburgh, and his wife Nancy Paul purchase 942 North Alpine Drive.
Sources: The Real Deal
Listed · $62,000,000
Villa Oliva hits the market
A trust tied to the Pauls lists the roughly 12,000-square-foot estate, known as Villa Oliva, for $62 million. Aaron Kirman of Christie’s International Real Estate SoCal and Linda May of Carolwood Estates hold the listing.
Sources: The Real Deal
Sold · $51,750,000
Property sells for $51.75 million, Beverly Hills’ second-largest deal of the month
The estate sells for $51,750,000, or roughly $4,209 per square foot, a discount from the $62 million ask. Carl Gambino and John Bercsi of Compass represent the buyer. The Real Deal later named it the city’s second-largest closing in April 2025, behind a $59.6 million sale at 1028 Ridgedale Drive.
Sources: The Real Deal, The Real Deal (comp coverage), Traded
Press Citations
Every fact on this page traces to one of these sources.
Traded
Carl Gambino and John Bercsi of Compass Represent Buyer in $51.75M Beverly Hills Sale
Traded recorded the $51,750,000 sale, listing Aaron Kirman, Linda May, Carl Gambino, and John Bercsi as the brokers on the deal.
April 2025
The Real Deal
LA Luxe Home Weekly Contract Volume Jumps to $300M in Deals
The Real Deal reported 942 North Alpine Drive going into contract at a $62 million ask, naming Aaron Kirman and Linda May as the listing agents and the Paul family as sellers.
January 2025
The Real Deal
Rick Caruso’s Old Benedict Canyon Residence Sells for $48M
In coverage of a nearby Benedict Canyon trade, The Real Deal named the $51.8 million sale of 942 North Alpine Drive as Beverly Hills's second-largest deal of the year at the time.
August 2025
The Real Deal
Beverly Hills Lot Trades at Discounted $32 Million
The Real Deal again cited the $51.8 million sale of 942 North Alpine Drive as a comparable Alpine Drive transaction.
May 2026
How This Record Was Verified
- Method
- Compiled from public property records and their named press citations. This lineage reflects only transactions independently confirmed by the sources cited.
- Open entries
- The 2006 purchase price by Stephen and Nancy Paul is not disclosed in the sources reviewed.
- Sources
- Every fact above carries its own citation, linked in the Press Citations section. Sourced from The Real Deal and Traded.
- Corrections
- Unconditional and not contingent on any commercial relationship. See Corrections Policy.