Yours For Only $165,000,000
The rich are getting richer, and their properties are getting pricier.
The Beverly House, former mansion of newspaper tycoon William Randolph Hearst and actress Marion Davies, four homes plus apartment and security staff’s cottage on 6.5 acres north of Sunset, 29 bedrooms, state-of-the-art theater, three swimming pools. Up-and-coming neighborhood. List price: $165 million. Built in 1927 for banker Milton Getz, the estate was designed by Gordon Kaufmann. Kaufmann was also the architect of the nearby Greystone mansion, considered by many to be the finest home in Beverly Hills. Hearst paid about $120,000 for the estate in 1947. In the last two years, six U.S. residences have come on the market with nine-digit price tags. Yet, so far, no U.S. home sale has broken the $100-million mark.
