Jeff Greene, who made most of his money shorting subprime mortgage-backed securities before the 2008 financial crisis, relisted his famed Palazzo di Amore estate in Beverly Hills for $129 million making it last week’s priciest listing – even with a $66 million price chop from its original asking price of $195 million.
The Beverly Hills mansion was developed by Mohamed Hadid and spans 35,000 square feet with 12 bedrooms and 23 bathrooms, the Real Deal previously reported.
Greene purchased the property for $35 million in 2007, investing millions to renovate the Mediterranean mansion.
Here are the top five single-family home listings in Los Angeles, according to TRD’s analysis of Redfin and MLS data:
- 9505 Lania Lane, Beverly Hills
Price: $129 million
Size: 35,000 square feet, 12 bedrooms/16 bathrooms
Agents: Stacy Gottula of the Agency
- 225 N. Canon Drive, Beverly Hills
Price: $24.5 million
Size: 5,670 square feet, 4 bedrooms/5 bathrooms
Agents: Brett Lawyer of Hilton & Hyland
- 2805 Tennyson Place, Hermosa Beach
Price: $22.5 million
Size: 6,392 square feet, 6 bedrooms/7 bathrooms
Agents: Tristy Patterson of RE/MAX Estate Properties
- 8516 Hedges Place, Los Angeles
Price: $22 million
Size: 7,000 square feet, 5 bedrooms/6 bathrooms
Agents: Patrick Fogarty and Tyrone McKillen of Hilton & Hyland
- 9694 Oaks Pass Road, Beverly Hills
Price: $21.9 million
Size: 11,500 square feet, 5 bedrooms/8 bathrooms
Agents: Valerie Fitzgerald of Coldwell Banker Residential Brokerage