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Once Listed at $195M, ‘Godfather’ Mansion Offered for a Bargain $89.8M

Once Listed at $195M, ‘Godfather’ Mansion Offered for a Bargain $89.8M

https://www.amlu.com/2021/05/04/once-listed-at-195m-godfather-mansion-offered-for-a-bargain-89-8m/?utm_source=MailingList&utm_medium=email&utm_campaign=2021-05-nltr02

This Beverly Hills house, used for a famous sequence in the film The Godfather, was relisted this spring with a heavy price cut. The Hearst House dates to 1926, and has at this point been on and off the market for at least seven years between owners.

The property appeared on the market eight years ago as a $600K/month rental. Seven years ago it was offered for sale with an asking price of $135 million; it reappeared in 2018 at the same figure. Price cuts conducted since then have whittled the property down to eight figures; in April of 2021, it is asking $89.75 million.

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Written by Jonathan Weiner

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