William Randolph Hearst Beverly Hills Home
The iconic Beverly Hills Hearst Mansion that was once home to the famous newspaper tycoon William Randolph Hearst is back on the market at a hugely discounted price of $89.75 million. Previously, the Hearst estate had been listed for $120, meaning the listing price has reduced by $30 million in just one month.
William Randolph Hearst Beverly Hills Home
In 1953, President John F. Kennedy and Jacqueline Kennedy stayed in the Hearst mansion during their honeymoon. The lush home also served as the headquarters for JFK’s West Coast presidential election.
The palatial Hearst mansion has also featured in movies such as “The Godfather”, “The Bodyguard”, and in Beyonce’s 2020 visual album, “Black is King”. The Hearst home was featured in a scene from the 1972 Godfather movie where a rival of the Corleone family wakes up to find a horse’s head in his bed.
Since 2007, the current owner of the embattled Beverly Hills House, Attorney Leornard Ross, has been struggling to sell the mansion to avoid a forced sale. In 2016, Ross tried to sell the trophy property for $195 million. He has since accumulated a debt of over $50 million on the Hearst Mansion.
Consequently, Leonard placed the Hearst estate into bankruptcy to avoid a foreclosure auction and stop litigation over loan defaults. However, the lender, Fortress Investment Group, petitioned the bankruptcy court to sell the house.
Dining Room
Who is the Listing Agent of the Hearst Mansion?
The luxurious Hearst mansion is being co-listed by Gary Gold of Hilton, Hyland and Zizi Pak of Rodeo Realty, and Anthony Marguleas of Amafi Esatates.
According to Anthony Marguleas, the Hearst mansion has been priced favorably because the seller is serious about selling it.
When Was the Hearst Mansion Built?
The interior of the luxurious Judy Garland home also features a secret entertainment room behind the built-in bookshelf, which is also famously referred to as the “Judy Garland Suite. The secret room can also serve as a guest room or home office. The hidden room was once a master bedroom before a top floor featuring a larger master bedroom was constructed.
The 3-storey Hollywood hills home also has a modernized kitchen that has been stocked with state-of-the-art appliances and backsplash, as well as 10-foot accordion doors that give you access to gleaming sunset ocean views. Most of the sun-filled rooms have french doors that will give you access to attractive and well-designed patios and balconies overlooking the beautiful backyard.
Location of Hearst Mansion
The Hearst mansion is situated in the 90210 zip code area on North Beverly Drive. It is three blocks away from Sunset Boulevard and the Beverly Hills Hotel on Lexington road.
Features of the Hearst Mansion
The iconic Beverly Hills Hearst mansion is the typical symbol of Hollywood’s Golden era. The 50,000-square-foot house seats on a 3.5-acre land. The Hearst mansion is famous for its H-form architectural design, which features extensive open spaces, magnificent doorways, and lavish hallways and colonnades.
The spacious and lavish 29,000-square-foot salmon colored main house features a living room with 22-foot carved and arched hand painted ceilings, paneled walls, arched floor-to-ceiling windows that overlook the parklike grounds and waterfalls, and wide balconies. You will also have access to a breakfast room, formal dining area, as well as a family room that features an outdoor terrace.
The main house, guesthouse and staff quarters have 24 bedrooms in total. The main house has eight bedrooms, which expand to a number of patios and balconies. The Hearst mansion has 25 bathrooms, and a two-storey library that boasts hand-carved paneling, as well as a wraparound walkway.
You will also be a proud owner of a state-of-the-art spa with a massage room and gym, two screening rooms, entertaining rooms that can host up to a thousand guests, wine cellar, and an Art Deco nightclub with a bar, which was acquired from Hugh Hefner’s now-defunct nightclub touch.
The Hearst Mansion also has a billiard room, which has a herringbone parquet floors, and an extensive antique fireplace that was sourced from Hearst’s Castle in San Simeon, Calif. It is worth noting that William started building the San Simeon Hearst Castle in 1919, but he never completed it. It is now a National Historic Landmark.
The massive and luxurious 102-feet upstairs features the 40-foot by 9-foot Dennis Abbe Mural, which was commissioned by Hugh Hefner. Heart’s home also has two guesthouses, a pool house, and a two-storey gatehouse, which take up a space of about 7,000-square-foot. The Hearst mansion also has staff offices, as well as a car garage that can accommodate about 8 cars.
The Hearst mansion also boasts of cascading waterfalls to the pool, as well as manicured gardens with vintage lampposts. It is worth noting that Paul Thiene, who was a legendary California landscape architect, designed the manicured gardens.
The lush private grounds also feature a lighted tennis court with its unique bar and a media room. You will also find lawns, massive terraces that can host up to 400 guests, loggias, as well as 2 pools that flow into the main olympic-sized swimming pool.
You will also have a lot of privacy courtesy of the tall trees and flourishing shrubs.
There is also a circle driveway, which is about 800-square-foot. The same driveway was featured in one of the scenes of the Godfather movie in 1972. The security and privacy of the home has been enhanced with guardhouse-gated walls.
Conclusion
If you are ready to throw a Soiree that guests will remember, then owning the Hearst mansion will make your dream a reality. If you decide to purchase the home, you can rest assured that your family will not feel cramped up.
Since the days of William Hearst, the Hearst House has been used for several film premieres, and philanthropic and corporate events. Some of Hollywood’s famous celebrities have also hosted their celebrations in the Hearst mansion.
It is rare for such an elegant home to be put under a forced bankruptcy sale. However, this is not a unique case and for those who want such a home why wait!
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