Sunday 19 November 2017

$165m mansion for sale

New York, July 11, 2007

A Beverly Hills mansion has been advertised for sale at $165 million (£81.4 million), making it the most expensive residential property listing in the US.

The former home of US newspaper tycoon William Randolph Hearst has 29 bedrooms, three swimming pools, tennis courts, its own cinema and a nightclub.

Lawyer and investor Leonard Ross, who bought it in 1976, wants a 'lifestyle change', his estate agent said in a BBC report.

Hearst bought the H-shaped mansion in 1947 for about $120,000.

The 1920s-era pink stucco estate, which is set across 6.5 acres (2.6ha) north of Sunset Boulevard, featured in the film The Godfather.

But the estate is not the only US property awaiting a buyer who can afford a nine-figure price tag.

A 10-bedroom property in Montana's Big Sky country is on offer for $155m.

And former Saudi ambassador to the US, Prince Bandar bin Sultan, is still seeking a buyer for his Hala Ranch compound in Aspen, Colorado, a year after it was first listed for sale for $135m.

These prices far surpass the record set by former media mogul Gary Winnick in 2001, who spent just $94 million for his home, the Los Angeles Times reported.

Tags: Beverly Hills |

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