The ultra-luxurious Villa Firenze in Beverly Hills, which once held the title of most expensive home in the U.S., is once again trying to bank a $100+ million sale.
Just one year after it sold at auction — banking a somewhat modest $51 million — the sprawling estate re-surfaced on the market with a $120 million asking price.
The price point makes it the sixth-most-expensive residential listing in the Los Angeles area, Dirt reports. The publication also identified biotech entrepreneur Roy Eddleman as the owner (and current seller) of the 10-acre property.
The sprawling mansion located at 67 Beverly Park Court in Beverly Hills, Los Angeles is one of the most luxurious private residences in all of California.
And since it’s now back into the spotlight, we thought we’d take a closer look at its recent history on the market — and the many amenities that drive its sky-high appraisal.
Once listed for $165 million, the mega-mansion was auctioned off last year
According to the Wall Street Journal, the lavish estate sold at auction in April 2021 for $100 million less than its former asking price, with a winning bid of that was previously thought to be around $60 million.
The actual selling price was a “modest” $51 million, less than half its current asking price.
Prior to the auction, the North Beverly Park estate had been lingering on the market for two years with a staggering listing price of $160 million.
With no buyers in sight, its then-owner, billionaire Steven Udvar-Hazy, commissioned Concierge Auctions to work alongside leading L.A. brokerage Hilton & Hyland to hold an online auction.
Said auction took place at the end of January 2021 via the online marketplace ConciergeAuctions.com, with current owner Roy Eddleman winning the bid.
After reportedly living alone in the massive residence, Eddleman decided to part ways with the property and double his investment.
He hired Sotheby’s International Realty to find a buyer for the estate, with seasoned pro Richard Klug holding the listing.
Villa Firenze in Beverly Hills: A recent history
Built by award-winning architect William Hablinski in the late 1990s, the massive estate took five years to complete.
It was commissioned by billionaire Steven F. Udvar-Házy, Executive Chairman of the Board of the Air Lease Corporation, whose past credits include starting his own airline and basically creating the airplane leasing industry. Forbes estimates his worth at $18.5 billion.
Spanning 9 acres, the village-like compound is anchored by a palatial 13-bedroom villa and was first publicly listed back in 2018 for a staggering $165 million.
Despite the hefty price tag, a sale wouldn’t have secured the most expensive bragging rights for the property; that title goes to the penthouse atop 220 Central Park South, which sold in 2019 for a mind-boggling $238 million.
It does, however, land it a spot on the list of most expensive residential properties ever to be auctioned, a ranking led by Nile Niami’s megamansion, The One, sold at a bankruptcy auction for a record $141 million.
What $120 million buys you in North Beverly Park: an overview of Villa Firenze’s many amenities
Now, you might be wondering (and rightfully so), what types of amenities and how many rooms can a property have to command a price tag north of $100 million?
The answer, put simply, is A LOT!
To start, access to Villa Firenze is granted through the property’s own street, whose big gates open up to a huge courtyard (surrounded by palm trees) that fits 30 cars.
Going into the villa itself, you’ll find 13 bedrooms and 17 full, plus 8 half-bathrooms with marble and stone flooring, arched doorways, and multiple fireplaces.
The interiors of the 20,000-square-foot mansion are equally luxurious as its palace-like exterior and are reminiscent of old-world royal homes with its paneled ceilings, opulent chandeliers, intricate wood-carved furniture and tufted chairs.
The main house has all the perks you’d expect from a $100 million+ listing.
Inside, you’ll find a craft room, video game room, large gym, a 1,000-square-foot mezzanine storage area, in-law suite, and a separate 3-bedrom apartment — that can serve either as guest or maid accommodation.
There are also three guest houses on the premises and tons of outdoor amenities.
Outdoor features include a resort-style swimming pool with jacuzzi/spa, a pool house with an ADA-equipped living space (and a dedicated bedroom for a caretaker), a lighted tennis court, its own basketball court, and a cabana with kitchen.
The pool and tennis court have their own outdoor bathroom facilities (so guests won’t have to go all the way back into the house) and there are three (!) formal fountains and a 4-acre lawn.
As you’d expect, there are 24/7 security patrols on the premises of the estate, as well as a new digital camera security system around the entire exterior, entrance, and perimeter zones of the residence — keeping both residents and their belongings safe.
While I’m sure there are many other amenities that didn’t fit (or weren’t deemed important enough to be included) in the listing description, there were quite a few that caught our eye.
Among them: the dedicated jogging path (though admittedly, just walking from one end of the estate to another is more than enough work-out) and formal gardens (you know, to bring the whole built for royalty angle to a close).
Location, location, location: prime North Beverly Park
Impressive as it may be, Villa Firenze would not have been able to justify its asking price without its highly exclusive location.
The property is located in one of Los Angeles’ most upscale communities, North Beverly Park, a heavily guarded enclave that’s only 25 minutes away from Downtown L.A.
The area has attracted countless notable residents over the years, including A-listers like Denzel Washington, Eddie Murphy, Sylvester Stallone, Rod Stewart, and Kimora Lee Simmons.
Grammy Award winner Adele has also recently become a North Beverly Park resident, shelling out an impressive $58 million for a celebrity compound.
Nestled between iconic Sunset Boulevard and Mulholland Drive in the hills above Los Angeles, the exclusive North Beverly Park is dotted with large, gated estates.
But none quite as large and impressive as Villa Firenze (despite the fact that many of them have been envisioned by the same architect, William Hablinski).
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