tsk..tsk..tsk...It's not easy being me. 
Posted on 07/10/2007 10:04:39 AM PDT by Millee
For sale: prestigious Beverly Hills mansion set in 6.5 acres, offering 29 bedrooms, three swimming pools, tennis courts, state-of-the-art movie theater and disco. ADVERTISEMENT
Price? 165 million dollars.
The former home of legendary newspaper magnate William Randolph Hearst and Marion Davies was listed for sale on Monday with a price-tag that makes it the most expensive residential real estate listing in the United States.
The Los Angeles Times reported Tuesday that the H-shaped, pink stucco building dubbed Beverly House by Hearst offers everything that any self-respecting billionaire could ever want.
The sprawling, secluded compound features six separate residences -- four houses, an apartment and a cottage for staff.
"This is the kind of home that comes on the market once in a generation," Jeff Hyland, a Beverly Hills real estate broker, told the newspaper.
The property's seller is attorney-investor Leonard Ross who bought the estate in 1976 but is now seeking a "lifestyle change," property broker Stephen Shapiro was quoted by the paper as saying.
The asking price outstrips the 155 million dollars being sought by developers of an estate in Montana as well as the 135 million dollars of an Aspen, Colorado estate that belongs to Prince Bandar of Saudi Arabia.
History indicates that the Hearst home may sit on the market for a while. In two years, six residential properties have listed with nine-figure price tags -- but none has yet broken the 100-million-dollar barrier.
The record remains the 94 million dollars paid by former media mogul Gary Winnick in 2001, the Times reported.
Built in 1927 for a banker, Hearst purchased the property 20 years later for around 120,000 dollars, stuffing the property with life-size paintings of actress Davies and decorating the garden with statues from his Hearst Castle in northern California.
It was the home where Hearst spent his later years, dying there in 1951 at the age of 88.
Must be a “FSBO” (For Sale By Owner) property.
The property for sale isn’t Hearst Castle...
It’s their tiny little bungalow in Beverly Hills.
Sighh
Meaning he's in divorce proceedings and the wife wants half....in cash.
Some illegal will pick it up with an interest-only loan.
Oh, nevermind. Come to think of it, isn’t Hearst Castle now some kind of State museum or something?
In the one photo, there’s a portrait on the wall of Hearst. He puts you in mind of King Henry VIII in that portrait! LOL Not so terribly inappropriate, given the grandeur in which he spent his life.
http://www.ksby.com/global/story.asp?s=6765880
Here’s the house. Click the video top left. Nice aerial.
It is a State Historical Monument and a National Historic Landmark.
And pretty friggin’ awesome.
John “Hairdo” Edwards West Coast cottage?
Rosebud....
I know a guy that can get you into the property with little or no money down. Don’t you watch late night infomericals?
It could be his other America!
I knew it was a national treasure of some kind. Would love to see it! Have relatives in San Diego. One day...
It’s AWESOME and worth the visit.
That area of California is just gorgeous.
Fly to San Diego, visit relatives - spend 30-90 minutes, depending on your family... run to rental car place, drive north... visit a few things in LA...Getty Museum, Venice, Santa Monica - whatever floats your boat.
Keep going... stop at Hearst, visit the beaches and the vino country near there... up to Paso Robles, maybe swing through Carmel/Monterey, keep coming north towards SF, walk or drive over GG Bridge, hit the vino country in Sonoma and Napa and fly home from SFO or OAK.
It’ll be awesome.
Assuming 6.5% interest, 20% down, your principle and interest payment would still be $715,000. If you’re in for something like that, will you marry me?
tsk..tsk..tsk...It's not easy being me.
I’ll bring wine!
Better yet, skip the relatives all together and head straight to the Hearst countryside and go north from there ;D!
UAL would be your best bet for non-stops between MCO and SFO.
(sigh) Smooth talker!
The heck with the house, I’ll take the 3% cut to the real estate broker.
Mrs. & I considered it.
Turned it down.
They must have a finished basement. That adds a lot to the homes in my neighborhood too. ;o)
Not necessary!
Use the 6 year balloon mortgage.
$100/Mo. for the first 5 years, with the balance due in year 6.
Al Gore assures us that global warming will destroy the earth in 5 years, so it’s a safe investment.
(Courtesy Fox 1/2 hour News hour)
probably a good decision. You know you'd only end up living in fish bowl, with the riff-raff craning their necks to get a look at you day and night.
120 thou in 1947? Whats that in todays dollars?
So did I.
Just didnt like the color of the drapes.
I want it. Who do I make the check out to?
Depending which calculator you use, somewhere around a million, million and a half.
L.A. real estate: always a good investment
"Nice. Does it come with a cee-ment pond?"
Clam Diggger, of course!
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