A retail CEO is selling his enormous Beverly Hills ‘palace’ for $80 million

(credit: Christopher Lee Foto)
(credit: Christopher Lee Foto)

A new mansion has just hit the market in Beverly Hills.

At $80 million, it’s one of the most expensive houses on the market in the U.S. With 28,000 square feet of space, it’s also one of the largest.

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The property is being sold by retail CEO Albert Elkouby, a property developer who also owns an apparel company called JH Design. The house was previously listed two years ago for $72 million, but it failed to sell in its half-finished state.

Described as a “French Chateau” in the listing, Elkouby’s home has every luxurious amenity and excess imaginable.

Sam Real of Nest Seekers International has the listing.