Billionaire Jeff Greene’s Spec Trophy in the 90210 Asking $129M After Major Price Cuts

Published: December 12, 2019 | By: American Luxury Staff

Back in November 2014, billionaire real estate developer Jeff Greene listed his Beverly Hills estate for $195 million. After five years on the market, the home is back this fall with the latest in the series of price cuts that began in 2015, when the mansion’s ask was slashed to $149 million. The ’tween-holiday stretch of 2019 finds it priced at $129 million.

The house is the work of fellow real estate developer Mohamed Hadid, the man behind some of the most grandiose spec homes in Bel Air and Beverly Hills. Hadid’s projects typically combine absolutely breathtaking craftsmanship with proportions and a degree of overt luxuriousness that is, depending on your point of view, either unabashedly palatial or shamelessly ostentatious.

Greene’s estate is called ‘Palazzo di Amore’. The main house is Mediterranean style, and the interior details are stunning. Inlaid hardwood floors, marble floors and staircases, dazzling crystal chandeliers, crown moldings, frescoes, carved wood gates, doors and ceilings, and custom tilework are a few of the design elements employed.

The 12-bed, 17-bath property is laden with amenities. A partial list: a massive brick wine cellar with storage for 30,000 bottles, a two-lane bowling alley, one of the larger home cinemas we’ve seen, a Moroccan hammam, a ballroom with wet bar and, along the property’s 25 acres of grounds, paradisiacal gardens, water features, a Roman bath, a large zero-edge swimming pool, a vineyard, a tennis court, and abundant patio and terrace space.

Greene’s net worth is around $4 billion.

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