Real Estate

Sumner Redstone's Beverly Hills Estate Listed For $27.9M

The media mogul's gargantuan Beverly Park estate, once owned by Sylvester Stallone, just hit the market.

BEVERLY HILLS, CA — The final home of the late billionaire media mogul Sumner Redstone, the majority owner of National Amusements theater chain and majority shareholder of ViacomCBS, is now for sale. Redstone, whose net worth is estimated at $2.6 billion, died in August at age 97. His final years were spent in a nasty battle surrounding his will and mental fitness.

But his Beverly Park mansion - which he purchased for $14.5 million in 2002 - is still in great shape. The 15,355 square-foot Mediterranean villa boasts sweeping canyon, mountain and city views, with expansive balconies from which to enjoy them, in addition to many more media mogul-type amenities: soaring ceilings, an outdoor infinity pool, indoor pool, gym, private theater, library, and five large bedrooms with en-suite bathrooms.

According to Dirt, the land was acquired in the 1980s for $2 million by fashion designer Dorothy Schoelen, who custom built the property. In the early 2000s, Death Row Records co-founder Suge Knight was interested in the property, but neighbors objected to the presence of the controversial rapper who was a central figure in the East Coast-West Coast hip hop feud of the 1990s. In 2001, neighbor Sylvester Stallone bought the property for an undisclosed amount in 2001, and sold it to Redstone the following year.

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  • Address: 31 Beverly Park Ter, Beverly Hills, California
  • Price: $27,900,000
  • Square Feet: 15355
  • Bedrooms: 5
  • Bathrooms: 8 Full and 2 Half Baths
  • Built: 1997
  • Features: Spectacular, ultra-private estate in exclusive guard gated North Beverly Park. Coveted rim location at the end of private cul-de-sac affords sweeping city/canyon/mountain views & seclusion. Inside its gates, property is an oasis of solitude & beauty, offering captivating gardens & stunning interiors. Floor to ceiling glass & soaring ceilings enhance volume & light & provide beautiful vistas of the enchanting grounds. Property is perfect for sophisticated large-scale entertaining or quiet, private relaxation. This is a true serene retreat that is only minutes from the city, allowing easy access to Beverly Hills, DTLA, or the Valley studios. Refined interiors include an indoor pool, gym, theatre, game room, elegant large public rooms, a marvelous library/office, his & her master baths, 5 ensuite bedrooms, & more. Expansive terraces wrap around the second level flowing out from each bedroom. Huge terrace off master provides private staircase to spa & gardens. The amazing grounds include a sunken tennis court overlooked by an arbor-covered loggia--an ideal location for outdoor dining & repose. A beautiful infinity pool spans the edge of the enormous back lawn. This magnificent property offers a lifestyle of elegance, privacy, & security.

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

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