Jeff Greene’s Palazzo di Amore lists for $195 Million
Billionaire real estate investor Jeff Greene’s massive Palazzo di Amore in Beverly Hills hit the market Nov. 6 for $195 million, making it America’s new most expensive home for sale.
Fit for royalty
This 25-acre estate in Beverly Hills, Los Angeles, has been put on the market for $195 million – making it the most expensive property for sale in America.
Mr Greene, 59, bought it in 2007 for $35 million. He spent eight years and $25 million expanding the residence to its current size.
Listed by the Beverly Hills power team of Joyce Rey & Stacy Gottula with Coldwell Banker Residential Brokerage, Palazzo di Amore is the work of renowned developer Mohamed Hadid with architecture by Bob Ray Offenhauser and design by Alberto Pinto.
The Mediterranean-style villa, called Palazzo di Amore, sits on a knoll behind three sets of gates. Reached by a quarter-mile-long tree-lined drive, the mansion is approached through a vineyard and has canyon and cityscape views.
Palazzo di Amore in Beverly Hills, Los Angeles, is an outstanding palace. Once you step inside this 12 bedroom, 23 bathroom palace, you immediately get the feeling of elegance and sophistication.
Above, the property features more than 35,000 square feet of living space, including a two-story entrance hall with a chandelier and two sweeping staircases.
Palazzo di Amore also features a 15,000-square-foot entertainment complex, complete with a disco/ballroom, a revolving dance floor, a DJ booth and a laser-light system. Inside the complex, as many as 250 guests can make use of a 50-seat theater and a bowling alley.
Outdoor amenities include a 128-foot reflecting pool and fountain, a waterfall, a swimming pool, a spa, a barbecue area and tennis court.
Guests can also visit the beautiful vineyard, which produces 400 to 500 cases of wine a year under its own private label, Beverly Hills Vineyards.
Finally, Palazzo di Amore, which boasts spectacular views of the West Side of Los Angeles, Century City and the sea, can host up to 1,000 people, with on-site parking for as many as 150 vehicles.
“True to its name, Palazzo di Amore, this estate has been a labor of love for me,” Greene said. “In creating a palace for the modern era, I have set the highest standards of craftsmanship and artistry in every detail, from employing a 17-step painting process with antiquing to importing 70-year-old olive trees.”
The property is listed as the priciest home for sale in the U.S. under agents Joyce Rey and Stacy Gottula, of Coldwell Banker Previews International.
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