Monday, July 9, 2007

Hold On To Your Britches...

OWNER: Leonard Ross
LOCATION: N. Beverly Drive, Beverly Hills, CA
SIZE: 6.25 acres, 4 houses comprising 72,000 square feet and 29 bedrooms

According to an article in today's Los Angeles Business Journal, a palatial Beverly Hills estate has come to the market for the obscene and vertigo inducing price of $165,000,000. Yes, children, that is one hundred sixty five million clams. Which makes it by far the most expensive home currently on the market in the United States.

The estate, located on N. Beverly Drive, comprises 6 acres and 72,000 combined square feet of living space in the four residences and features 29 bedrooms, three swimming pools, two tennis courts, a caretaker's apartment, and a security cottage at the bottom of the drive. The "Beverly House Compound," as it's known in local circles, is thought to be the largest compound in Beverly Hills.

Originally built in the late 1920s for Milton Getz of the the Union Bank and Trust, the vast property was once owned by newspaper tycoon William Randolph Hearst and his mistress Marion Davies. According to a press release put out by the listing agents at the venerable Westside Estate Agency, the house also served as the headquarters for the Kennedy Presidential Campaign West Coast. The press release also states that John F. Kennedy and Jacqueline Bouvier spent part of their honeymoon on the estate.

The current owner, financier Leonard Ross, has owned the resort like home for the last 31 years. You can read more about it over on Curbed, which we think may have posted this information before we did yesterd, but honestly, we didn't see their post until this morning. Credit where credit is due.

Source: Los Angeles Business Journal

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