Beverly Park Manse once owned by Mark Wahlberg Finds Buyer

Well, that was a quick stay.

A little over two years ago a reported billionaire couple snagged a deal to buy Mark Wahlberg’s former Beverly Park pad for $55 million. Now, a new buyer has been found, with a deal pending on the property currently listed for $68 million.

The home at 71 Beverly Park — on the market in March — went into contract Monday and is listed by Compass’ Ginger Glass and Alexandra Glass.

Spread across the more than 30,000-square-foot mansion are 12 bedrooms and 20 bathrooms. The property sits on about 6 acres and has a guest house, sport court, skate park, five-hole golf course and pool with slides. Indoors, there’s a theater, gym, wine and cigar cellar and smoking lounge.

Behind the limited liability company seller is Gu Fang, who is married to Chinese billionaire Xu Hang, according to a Robb Report article citing anonymous sources.

The LLC snagged a major discount on the property, with Wahlberg originally seeking $87.5 million for the tony estate in 2022.

The actor’s home was part of a pricey real estate buying spree in Southern California for the LLC over the past few years. That shopping list also included Rihanna’s Century City penthouse for $20.8 million a year ago. There was also the off-market trade of reality TV stars Terry and Heather Dubrow’s 2 Coral Ridge in Newport Coast, which went for $55 million in 2022.

The Beverly Park manse missed the cutoff to be included in this past week’s Eklund Weekly Luxury Report Los Angeles. Douglas Elliman’s Eklund Gomes team’s weekly roundup of signed contracts in Los Angeles County ends its reporting period on Sundays.

The report only includes homes listed on the Multiple Listing Service and priced at a minimum of $4 million.

For the reporting period ended June 15, the home at 1154 Summit Drive in Beverly Hills, with a $12.8 million ask, topped the week’s signed contracts.

The seven-bed, 10-bath home is over 8,000 square feet. It has a gym with skylights and a steam room, maid’s quarters on the main level, library, pool and motor court.

Westside Estate Agency’s Fred Bernstein and Ethan Peskowitz hold the listing.

Property records show the home last sold in 2014 for $10.7 million when Delaware-registered EFFS Associates LLC acquired the estate.

The Summit Drive property was one of 17 homes that went into contract last week in what penciled out to $106.8 million in asking dollar volume, according to the Eklund Gomes report. List price volume was off 35 percent from the prior reporting period ended June 8, which totaled $164.1 million across 18 signed contracts.