Part 7/9:
Today, Beverly Estate stands as one of Beverly Hills’ most prized properties. Despite its fame, the estate has faced financial challenges, including multiple resale attempts and a high-profile auction. In 2016, it was listed at a staggering $195 million—making it one of the most expensive homes ever put on the market but attracting no buyers at that price point.
Financial difficulties persisted, and in September 2021, the estate was auctioned off at a foreclosure sale for $63.1 million, setting a California record for a home sold via auction. This sale marked a significant turning point, illustrating the estate’s fluctuating market value and the high stakes involved in Hollywood’s luxury real estate.