Sugar Ray Leonard is looking to maximize this market with the relisting of his Pacific Palisades estate. According to the Wall Street Journal, the 16,700 square-foot home has been listed at $46.5 million, down from the original asking price of $51.995 million.
Designed after a Florentine villa, the home boasts seven bedrooms, 12 bathrooms, two-story family room, formal dining room, a screening room and a solarium. Additional property features include a full guest house, lit tennis court with viewing area, pool, grass meadow/lawn and putting green.
Built in 1952, the home was designed by world-renowned architect Richard Landry, created with only the finest materials. Sitting on more than 1.7 acres, the property is on one of the largest lots in the Riviera.
Jade Mills of Coldwell Banker and Tomer Fridman of Compass hold the listing.