A Bel-Air mansion that has been on and off the market since 2017 is back on the block at a deeper discount.
The 19,127-square-foot property, at 11630 Moraga Lane has a current asking price of $25.3 million–a $1.6 million reduction. The price chop on the eight-bed, 13-bath home came after a pending sale fell through. The property went into contract on November 22 and was relisted the day after, according to Zillow.
11630 Moraga Lane (Zillow)
The newly built home has luxury amenities such as a game room, a gym, a home theater, a library, a cigar room and a wine cellar. The amenities go beyond standard on a subterranean level, with a “sound-resistant underground bonus room” of 1,271 square feet.
The place was designed under the direction of a feng shui master.
The seller is “wellness” blogger Darnell Cox, who runs a website called Live Young Lifestyle. Cox acquired the home from an entity controlled by her ex-husband, according to property and court records. She paid $11.8 million for the home in 2016, a deed for the property shows. Cox did not respond to a request for comment.
Soon after taking ownership, Cox put the home on the market for $30 million. It was listed and taken off the market a total of four times before resurfacing as a $26.9 million listing in late October, according to Zillow.
Other listings in the neighborhood include Thomson Reuter heiress Taylor Thomson’s English Tudor-style home and an estate once owned by industrialist Willard Shepherd.