The priciest home listings in LA last week

Billionaire Jeff Greene relists spec manse with a hefty price chop

Mar.March 20, 2017 08:30 AM

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:

  1. 9505 Lania Lane, Beverly Hills
    Price: $129 million
    Size: 35,000 square feet, 12 bedrooms/16 bathrooms
    Built: 2002
    Agents: Stacy Gottula of the Agency
  1. 225 N. Canon Drive, Beverly Hills
    Price: $24.5 million
    Size: 5,670 square feet, 4 bedrooms/5 bathrooms
    Built: 2008
    Agents: Brett Lawyer of Hilton & Hyland
  1. 2805 Tennyson Place, Hermosa Beach
    Price: $22.5 million
    Size: 6,392 square feet, 6 bedrooms/7 bathrooms
    Built: 2009
    Agents: Tristy Patterson of RE/MAX Estate Properties
  1. 8516 Hedges Place, Los Angeles
    Price: $22 million
    Size: 7,000 square feet, 5 bedrooms/6 bathrooms
    Built: 2017
    Agents: Patrick Fogarty and Tyrone McKillen of Hilton & Hyland
  1. 9694 Oaks Pass Road, Beverly Hills
    Price: $21.9 million
    Size: 11,500 square feet, 5 bedrooms/8 bathrooms
    Built: 1985
    Agents: Valerie Fitzgerald of Coldwell Banker Residential Brokerage

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