Fashion mogul Guy Attal, the head of label Fabrizio Gianni, has slashed the price of his Coldwater Canyon home by nearly $3 million, bringing the ask to just $22.8 million.
The price cut is the latest in a string of price slashes and hikes Attal has made since first listing the gated estate for sale in 2010. At its priciest, it was listed for $28.5 million.
Attal bought the nearly 15,000-square-foot Paul Williams-designed estate for just $2.55 million in 1999, records show. It was last taken off the market in August, priced at $25.8 million.
Williams & Williams Estates has the exclusive listing.
The multi-winged estate has a home croquet lawn, an outdoor dining room, a two-lane bowling alley, a two-bedroom guesthouse, a tennis court, a swimming pool and spa.
The house was reportedly built in 1941 for Bert Lahr, who played the lion in “The Wizard of Oz.” Hollywood stars such as Melanie Griffith, Ozzy and Sharon Osbourne and Paul McCartney also lived there over the years.