Housing Crash? Not For The $100 Million Home Buyer
Newsflash for all you buyers in the $100m+ range: Leonard M. Ross, an attorney-investor in Beverly Hills just put his pad up for sale, retail price, $165m. It’s William Randolph Hearst’s old place; you know, the pink stucco one shaped like an H. They used to call it “Beverly House.”
Stats: six residences, 29 bedrooms, 3 pools, movie theater, disco, 6 acres north of Sunset Blvd.
Hearst bought it in 1947 for about $120,000, so say some reports. JFK and Jackie actually spent part of their honeymoon there in 1953. The mansion was also featured in “The Godfather.” Yup, the horse scene. What’s even more exciting than the listing itself is the fact that the price tag now tops the list of the most expensive listings in the U.S.
Prince Bandar’s $135m ranch in Aspen now seems almost like chump change, and it’s been on the market for a while now without a buyer (never a good sign). Not to mention the $155m being sought by developers of an estate in Montana.
Of course, if you’re sick of the U.S., check out my piece on CNBC TV today. Dracula’s castle in Transylvania is on sale. Retail value: $150m.
I’m guessing potential buyers of any of these digs aren’t worried about recent trouble in the mortgage market.
Questions? Comments? RealtyCheck@cnbc.com