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Forbes: Inside Beverly Hills' $58 Million Crescent Palace

Inside Beverly Hills' $58 Million Crescent Palace

Le Belvedere was the most expensive home sale of 2010. The sandstone mansion nestled in the exclusive Bel Air neighborhood of Los Angeles fetched an estimated $50 million. It marked the beginning of a post-recession comeback for ultra luxury real estate. Now, two years later, the developer of that record-breaking manse is again trying his hand at flipping another huge Los Angeles-area home — this time in nearby Beverly Hills.

The Crescent Palace, as the newly listed estate is called, asks $58 million. The price tag makes it one of America’s most expensive homes currently for sale. It is co-listed with Stacey Gottula and Joyce Rey of Coldwell Banker Previews International.
(Jeff Elson)

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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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