The 3.7-acre Beverly Hills estate formerly known as Beverly House, but newly renamed Hearst Estate, is set to be re-listed for nearly $90 million.
Now get ready to take notes because this is one home with some history! According to Dirt, the estate was built in 1927 by banking executive Milton Getz, then later bought in 1946—for a mere $120,000!—by actress Marion Davies and her longtime lover, William Randolph Hearst. (We say lover because Hearst was very much married to Millicent Hearst.)
Hearst died in the home in 1951, and upon Davies’ death a decade later, the estate was inherited by her then husband, Horace Brown. The current owner, attorney and real estate investor Leonard Ross, purchased the estate in 1976 for an unrecorded amount. He first put the estate up for sale in 2007 for…$165 million.
Shockingly, it did not sell.
Ross has continued to try to sell the property off and on for the past 14 years, always with a price tag north of $100 million. Yesterday, the Wall Street Journal reported that the house is about to once again be re-listed, though this time at the lower asking price of $89.75 million.
So, what does a near $90 million sale get your these days? Aside from a storied history and a few film credits (including The Godfather), the home is 29,000 square feet, with eight bedrooms and 15 bathrooms in the main residence. There are also two staff apartments, a pool house, a tennis pavilion and a two-story gatehouse with five bedrooms.
This massive listing requires a big team of agents, including our Pacific Palisades expert Anthony Marguleas, Gary Gold at Hilton & Hyland and Zizi Pak at Rodeo Realty.