Devoted to real estate, real estate agents, and all things property related

The L.A. Times reported yesterday, that a 1920s Beverly Hills mansion and estate hit the market at a record price of $165,000,000.  Few homes in the country command such an asking price, but in California, and Beverly Hills in particular, some of the country's priciest homes are a mainstay.

With entertainers, and top executives commanding more in salary and pay than ever, it seems the real estate market on the West Coast will continue to see the demand for the finest in luxury property.

Listed by Westside Estate Agency, the home belonging to attorney/investor Leonard Ross,  is a nationally recognized home spread across over 6 acres of land, in a popular Beverly Hills neighborhood called the Platinum Triangle.  Neighbors include stars like Tom and Katie Cruise, and David and Victoria Beckham.  The home itself is quite a celebrity, as it made an appearance in the original Godfather film (1972) and The Bodyguard (1992). 

Some of the interesting features of this home include:

It’s made of pink stucco!

It has 29 bedrooms, in four separate houses. The main house has nine bedrooms, and eight fireplaces.

It has three swimming pools, and 80 feet of cascading ponds and waterfalls.

It has a theater room, a disco, and the grounds include a security house and separate two bedroom apartment with full kitchen.

In 1947, the estate was purchased  for $120,000. By 1987, the asking price was $25 million.  This amazing home’s record asking price today of $165 million makes it the most expensive priced residence in United States history.  The listing agent expects that it will take years to find the perfect buyer for this estate.