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The biggest, baddest property in all of Beverly Hills is back on the market — once again hunting for a buyer willing to lay down a cool $195 million, the Post can reveal.
And if that sky-high asking price seems like it stands out, that’s because it does. It makes this estate one of the priciest homes now for sale in the US. And yet, that’s not its only superlative.
“At 25 acres, a couple miles from the Beverly Hills Hotel, it’s the biggest single property in Beverly Hills by far,” Jeff Greene, the owner of the property dubbed Palazzo di Amore at 9505 Lania Lane, told The Post. “Once you get to our gate, it’s beautiful. It’s a long, double wide, meandering road through the vineyards up to the top. You are completely secure.”
That monumental asking price is just shy of the $200 million Beyoncé and Jay-Z dropped on their Malibu mansion in 2023, which was then a record for the state of California. But with just under 40,000 square feet and 8 acres of land, that Tadao Ando-designed megamansion looks like a modest suburban spread compared to this newly re-listed Mediterranean-style estate.
Palazzo di Amore weighs in at 53,000 square feet — nearly the size of a football field — with a 15,000-square-foot entertainment wing that includes a 50-seat, studio-licensed movie theater; a bowling alley; and a private discotheque with a rotating dance floor.
All that space serves 12 bedrooms and 23 bathrooms — including a master suite with a private living room, dual walk-in closets and a Turkish spa.
The rest of the home is filled out with all the more usual trappings of grand homes: sweeping statement staircases, a chef’s kitchen, a wood-paneled office and library, a billiards room, and a wine tasting room with temperature-controlled storage for 10,000 bottles.
Outside, a 6-acre vineyard produces Cabernet Sauvignon and Sangiovese under its own label, Beverly Hills Vineyards. If it finds a buyer, the new owner will be able to send a bottle to neighbors like Barry Diller, Diane von Furstenberg, Rihanna and Adele.
But that’s a big if right now.
Palazzo di Amore was last on the market in 2017 with a $129 million asking price. That was down from the original $195 million price tag in 2014, when it was the most expensive home for sale in the country. These days, that title goes to a $300 million estate near Aspen, Colorado.
It failed to sell, but has since enjoyed success as an occasional rental for the likes of Saudi Crown Prince Mohammed bin Salman. It was recently asking $425,000 a year.
But this time, Greene, a real estate billionaire, is trying something different in hopes of landing a deal.
Over the last month, the live streamer Kai Cenat was in residence at the palatial home hosting a red-carpet’s worth of A-listers in front of millions of viewers.
“I hadn’t heard of him,” said Greene. “But my kids are 12, 14 and 16, and they were all so excited and so were all their friends. I guess he’s got quite a following among these younger kids? We watched a little bit just to see what’s going on in our house, and he had Mariah Carey one day and Ed Sheeran another day. It seems like everybody goes to see him, that’s for sure.”
In fact, the home was getting so much exposure — thanks to live-streamed visits from Kim Kardashian, LeBron James and Snoop Dogg — that Cenat’s broker Erwin Nicholas, founder of Mr. Real Estate, convinced Greene to take the home back to the open market.
“People haven’t understood how powerful live-streaming is as a marketing tool, “ said Nicholas, who is co-listing the home with local broker Patrick Michaels of LA Estate Brokerage. “Everyone has definitely doubted it. It’s supposed to be so exclusive. But if it’s on the MLS, if it’s public, let’s be really public.”
Still, no matter how widely the net is cast, there are only a handful of people on Earth who could potentially buy a compound of this magnitude, and Greene isn’t willing to compromise.
“The house hasn’t really been on the market because we’re not that motivated to sell it,” said Greene, who now resides primarily in Palm Beach. “We don’t use it much, but we use it when we use it, you know?”
Greene said the home was a very personal project. He picked it up in 2007 for $35 million after reading about it in the LA Times column “Hot Properties.” Back then it was a construction site. The original owner — the late former Saudi crown prince Sultan bin Abdulaziz — had stopped construction and the property was in receivership.
“There were no bedrooms, there was no pool, there were no driveways,” said Greene, who reportedly poured $25 million into the project. “It was just a bunch of dirt roads and a shell of a house. We went in and finished it. We built the whole entertainment complex. We built the tennis court, put the pools in and the reflecting ponds and the roads. It was a gargantuan project that we spent years and years building. What we ended up with is definitely one of the most special homes in California.”
Nevertheless, he said that he is willing to part with the property, and now might be just the right time. A slew of home sales have broken the $100 million barrier in Los Angeles since Palazzo di Amore was last on the market.
In 2024, a new California record was set by the $210 million sale of Oakley founder James Jannard’s 15,000-square-foot Malibu mansion. In 2021, venture capitalist Marc Andreessen paid $177 million for another massive estate in Malibu’s Paradise Cove. Then this July, Google CEO Eric Schmidt dropped $110 million for Spelling Manor in Holmby Hills. Meanwhile, two months earlier, Australian billionaire James Packer matched that price with his own $110 million purchase at 630 Nimes Road, a 35,378-square-foot mansion in Bel Air.
“I’m very realistic about real estate,” said Greene. “I’ve been in the real estate business my whole life. With a property like this, if somebody wants it, you can sell it in a weekend. If nobody’s interested, it could take 10 years. It’s a very unique property and not everybody wants to have a 50,000-square-foot residence on 25 acres. There’s a lot of costs to keep it going. But my kids love running around, going up in the hills and hiking. They use every inch of it.”
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