clock menu more-arrow no yes

Filed under:

Tasteful San Simeon With Backstory Still Offered at "Reduced" Rate

New, 7 comments

Have a nomination for a jaw-dropping listing that would make a mighty fine House of the Day? Get thee to the tipline and send us your suggestions. We'd love to see what you've got.

Location: Beverly Hills, Calif.
Price: $95,000,000
The Skinny: Sister site Curbed LA covered this massive manse back in September when it hit the market at $95M. That price tag was a major adjustment from the $165M that owner Leonard Ross wanted three years ago. Well, now it seems Ross is getting a little less of what he wants and more of what he needs: cash. The flamboyant financier declared bankruptcy last fall and reportedly owes some $40M on the property. Phew! This most recent drama might be the one-and-only blight on the illustrious history of this so-called Beverly House. Built in the '20s for L.A. banker Milton Getz, the mansion was bought in 1947 by aging publishing titan William Randolph Hearst who had his Rosebud moment in the house just four years later. In 1953, JFK and Jackie spent part of their honeymoon here, curled up in the theater. That sort of history, plus more than 50,000 square feet of Hearst-ian touches—including fireplaces, light fixtures, and archways from the collection at San Simeon—make that big, bitter, $95M pill a little easier to swallow.
· Beverly House [Hilton & Hyland]
· Hearst and Davies' Beverly House Hits Market for $95 Million [Curbed LA]
· Hilton & Hyland press release [PRNewswire]