William Randolph Hart’s Los Angeles mega-mansion, which appeared in the iconic movie The Godfather and some of Beyonce’s music videos, has been on the market since 2007 and is ready to sell for nearly $ 50 million.
Leonardo Ross, a longtime current real estate owner, has accepted an offer of $ 47 million, but its potential buyers could hit a high price at a real estate auction scheduled for September 14. there is.
Ross bought real estate for less than $ 2 million over 40 years ago. At its highest price, the house went public in 2016 for a whopping $ 195 million.
The 29,000-square-foot Spanish-style home is ready to sell for $ 47 million, starting at a asking price of $ 195 million.
The house is built with very high ceilings-the 22-foot ceiling in the living room is hand-painted
An Olympic-sized swimming pool in the backyard, featured in Beyonce’s Mood 4 Eva Music Video
The property has several fountains surrounded by lush greenery and bright flowers, including those on the driveway
In 2019, Ross filed for Chapter 11 bankruptcy with Fortress Investment Group, a limited liability company that owns real estate, to avoid foreclosure auctions.
The property, called Beverly Home, went public in April 2020 for about $ 90 million after being appointed bankruptcy manager on behalf of Fortress, according to The Wall Street Journal.
The fortress reported borrowing more than $ 70 million on unpaid mortgages and interest on the house. Since then, the asking price has fallen to $ 69.95 million.
Property taxes and maintenance costs are factors in lower prices and may be the reason why it is difficult to move home. Beachamp Estates, a UK-based brokerage firm, has made it the most expensive home in the United States, estimating that only 20 international families can buy and maintain a home.
The Pink Stucco House was designed by Hoover Dam architect Gordon Kaufmann in 1926 and is located on 3.5 acres with 8 bedrooms, 15 buses and a garage of 4 cars.
Known as the Beverly Home or Hurst Estate, the house has plenty of living space and can accommodate up to 1,000 guests.
With wide windows and high ceilings, LA’s legendary homes have plenty of natural light.
The property also includes a bar, billiard room, Art Deco style nightclub, two projection and screening rooms, a magnificent state public room and an entertainment area.
The 29,000-square-foot Spanish-style site features eight bedrooms, 15 buses and a garage of four cars on 3.5 acres of land. The house is adorned with high ceilings, an Olympic-sized swimming pool and multiple fountains.
Built in 1926, the mansion was designed by Gordon Kaufmann, a British-born American architect behind the Hoover Dam.
Luxurious living space, including a formal living room set under a towering 22-foot arched hand-painted ceiling.
The house has a double-decker wooden panel library and a billiard room with a fireplace reminiscent of Hearst Castle.
Some of the more quirky features of the home are its own Art Deco-style nightclub, two projection and screening rooms, a magnificent state public room, and an entertainment area that can accommodate up to 1,000 guests.
To complement the luxurious main building, the 3.5-acre site also includes two staff or guest apartments, a pool house, a tennis pavilion, and a double-decker five-bedroom gatehouse.
The lush private land has sunbathing terraces, lawns and waterfalls.
The 1972 movie The Godfather filmed the scene at Hurst Estate. The house was introduced in one of the famous scenes where Don Corleone puts a severed horse’s head on the bed of one of the enemies.
Beyonce’s Favorite: Hurst Estate has appeared in several Beyonce videos, including Mood 4 Eva (pictured) and Black Is King.
Former President John F. Kennedy and his wife, Jacqueline Kennedy, went on their honeymoon at home after their wedding in 1953.
The house has many creative projects such as the Godfather scene, Beyonce’s Mood 4 Eva music video, and Black Is King movies.
The former owner has housed many well-known guests, including the newspaper William Randolph Hearst. John F. Kennedy and his wife, Jacqueline Kennedy, stayed there during their honeymoon.
After Hurst died in 1951, ownership became the name of his lover, Marion Davies. According to Forbes, the house was bequeathed to the headliner of Ziegfeld Follies.
The billiard room has a fireplace reminiscent of Hearst Castle. This is another property and historic site owned by its former owner, William Randolph Hearst.
The property features a tennis court surrounded by trees and a basketball hoop for guests and residents.
The current owner, Leonard Ross, has been trying to buy and sell real estate since 2007. He filed for bankruptcy in 2011 and has an unpaid loan of about $ 70 million and interest on his home.
Hurst owned the house until his death, but lived with his longtime girlfriend Marion Davies. The house was given the title of Ziegfeld Follies headliner after his death in 1951.
The luxury life of media mogul William Randolph Hearst
William Randolph Hearst (pictured) was born wealthy and built a publishing empire behind his father.
William Randolph Hearst was born in wealth and built a publishing empire behind his own father who gave him control of the San Francisco Examiner in 1867.
Hurst then moved to New York with great success thanks to the sensational story brand. This is a convention that has come to be called “yellow journalism.”
He quickly owned 30 newspapers nationwide and successfully ran for a seat in the US House of Representatives.
However, he was hit hard by the Great Depression and died for a small amount of money, but never sold his stake.
Hurst has grown into a multi-billion dollar company when it’s available, providing millions of dollars a year to heirs.
Built between 1919 and 1947, Hearst Castle is now a National Historic Landmark. The estate was designed by renowned architect Julia Morgan for 28 years.
Media mogul William Randolph Hearst commissioned a gorgeous castle, but died shortly after its completion.
However, he was able to enjoy the mansion because it was functioning during the construction period of nearly 30 years. Hurst is famous for hosting many decadent political parties in his mansion before his death in 1951.
The castle culminated in the 1920s and 1930s, when Hollywood stars flocked to the grounds to line up with politicians for the ridiculous party thrown by its powerful and influential owners.
finally!William Randolph Hearst’s former LA home is on the market for $ 47 million 14 years later
Source link finally!William Randolph Hearst’s former LA home is on the market for $ 47 million 14 years later