This Beverly Hills (home?) is luxury and elegance taken to the extreme! Parts of this compound have been background scenes for acclaimed movies. It was once the home of mega-publisher William Randolph Hearst. It also served as a campaign headquarters for John F. Kennedy. This compound’s history alone is worth millions.
Hearst Compound, One of Two Uber-Listings On the Market Right Now
By Suzanne De Vita
A Beverly Hills compound once home to William Randolph Hearst is for sale, with a sensational price tag to match.
The property, up for a staggering $195 million, is currently one of the two most expensive in the country. The storied home has served as the backdrop for scenes from “The Godfather” and “The Bodyguard,” as well as honeymoon destination and campaign headquarters for John F. Kennedy.
Spread over approximately five acres, the compound is comprised of the Mediterranean-style Beverly House, built in 1927, and other newer structures. The grounds can accommodate up to 1,000 guests, with the outdoor terraces alone allowing for 400.
The original house—a massive 50,000 square feet—has 19 bedrooms, 30 bathrooms and a 725-foot-long driveway (longer than two football fields, for measure). Hoover Dam architect Gordon Kaufmann conceptualized the home’s jaw-dropping design, which now includes a billiard room outfitted with features from Hearst Castle, a commercial-grade kitchen, an Olympic-sized swimming pool, a tennis court, two ponds, two screening rooms and a two-story library.
Buyer beware: owning this share of opulence could have not-so-glamorous complications. The current owner, an attorney and real estate investor, is purportedly unloading the compound because he’s “getting up there in age”—but his means to a cushy retirement could be cut off. Recent digging by the Real Deal uncovered some $60 million in loans on the property, the interest of which “adds up to millions of dollars a year.”
Listed for: $195,000,000
All photos courtesy of realtor.com®/Leonard Ross
This post was originally published on RISMedia’s blog, Housecall. Check the blog daily for top real estate tips and trends. Reprinted with permission from RISMedia. ©2016. All rights reserved.
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