In Beverly Hills, the 25-acre compound includes about 53,000 square feet of living space, 12 bedrooms and 23 bathrooms across several buildings. A quarter-mile driveway runs past a vineyard before reaching the main home, an over 35,000-square-foot Mediterranean-style villa.
Greene spent eight years expanding the villa, which he calls “a palace for the modern era.” He finished the second floor of the main residence and built a 15,000-square-foot entertainment complex containing a disco/ballroom with a revolving dance floor, a DJ booth and a laser-light system. Up to 250 guests can be seated there for dining.
Mr. Greene said he always intended to sell the property, but construction wasn’t completed “until literally a month ago.” He estimated he spent $25 million to complete the home, which was a shell when he bought it.
Exact comparable sales are hard to come by but a similarly sized mansion in nearby Holmby Hills sold for $102 million in March, according to the record for Los Angeles County. The property, however, was on the market for years and sold for $23 million below the asking price.
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