Legendary Hearst Estate Listed For $90 Million

BEVERLY HILLS, CA — Only in Beverly Hills could a $90 million house be considered a 'bargain,' but then again, it's not every day you come across a palace once home to William Randolph Hearst.

The 29,000 square-foot Mediterranean Revival was built in 1926 by Gordon Kaufmann, the architect who designed the Hoover Dam, the Greystone Mansion, the Hollywood Palladium, and the former Los Angeles Times building. Hearst lived there with actress Marion Davies from 1946 until his death in 1951. Since then, the famous salmon-colored home has hosted a bevvy of international stars: John and Jackie Kennedy honeymooned there in 1953, and "The Godfather," "The Bodyguard," and Beyoncé have all filmed there.

Longtime owner attorney Leonard Ross tried to sell the estate in 2016 for $195 million, but Ross racked up millions in debts and put the property into bankruptcy, according to the Los Angeles Times. The lender, Fortress Investment Group, petitioned a bankruptcy court to force the sale.

So what is it like to live a home once valued at $195 million? It's like living in a resplendent museum, with almost every room full of high ceilings, chandeliers, and priceless art and furniture. In true Golden Age style, it offers two screening rooms and even its own Art Deco-style nightclub. 22-foot, hand-painted ceilings tower over wood-paneled libraries, stone fireplaces reminiscent of those at Hearst Castle, and rooms that can accommodate over 1,000 guests. The palace features eight bedrooms, 15 bathrooms, and ample outdoor grounds featuring lawns, loggias, fountains, terraces, decks, an Olympic-size swimming pool, a tennis court, and the city's longest private driveway.

Anthony Marguleas of Amalfi Estates shares the listing with Gary Gold of Hilton & Hyland and Zizi Pak of Rodeo Realty.

• Address: 1011 N Beverly Dr, Beverly Hills, California
• Price: $89,750,000
• Square Feet: 29000
• Bedrooms: 8
• Bathrooms: 15 Baths
• Built: 1926
• Features: One of LA's most iconic and legendary homes. The Hearst Estate was built in 1926 and is a prized property for collectors of fine architecture. As the former residence of newspaper magnate William Randolph Hearst, actress Marion Davies, and even used as a honeymoon hideaway for The Kennedys, The Hearst Estate is anchored in American Legend and is a one-of-a-kind home. Set at the end of one of the city's longest private driveway, this stunning estate pays tribute to its architect, Gordon Kaufman. The main house has 8 bedrooms and 15 bathrooms and enjoys a seemingly endless list of opulent living spaces. A formal living room is set under a soaring 22 ft arched hand-painted ceiling, a historic 2-story wood-paneled library, plus a billiards room w/fireplace reminiscent of Hearst Castle, an art-deco nightclub, 2 projection/screening rooms, grand state public rooms, and entertaining areas that can accommodate 1, 000 guests. Complimenting the main house, the ancillary improvements include 2 staff/guest apartments, a pool house, a tennis pavilion, and a two-story 5 bedroom gatehouse. All this is set on 3.5 acres of private grounds with sun-soaked terraces, lawns, waterfalls & Olympic sized pool. LISTED BY ORDER OF U.S. BANKRUPTCY COURT. SALE IS SUBJECT TO COURT CONFIRMATION & OVERBID

This listing originally appeared on realtor.com. For more information and photos, click here.