{"id":4885,"date":"2024-03-18T16:21:53","date_gmt":"2024-03-18T16:21:53","guid":{"rendered":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/2024\/03\/18\/casino-magnate-steve-wynn-slashes-another-10m-from-price-of-beverly-hills-mansion\/"},"modified":"2024-03-18T16:21:53","modified_gmt":"2024-03-18T16:21:53","slug":"casino-magnate-steve-wynn-slashes-another-10m-from-price-of-beverly-hills-mansion","status":"publish","type":"post","link":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/2024\/03\/18\/casino-magnate-steve-wynn-slashes-another-10m-from-price-of-beverly-hills-mansion\/","title":{"rendered":"Casino Magnate Steve Wynn Slashes Another $10M From Price of Beverly Hills Mansion"},"content":{"rendered":"

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Getty Images \/ Realtor.com<\/p>\n

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A $10 million price drop on a mansion is substantial. But in the case of this luxe Southern California residence, it\u2019s just the latest effort to coax a buyer off of the sidelines.<\/p>\n

It\u2019s also billionaire Steve Wynn<\/strong>\u2018s mission to finally sell his 11-bedroom, 13.5-bath estate in Beverly Hills, CA<\/a>.<\/p>\n

Wynn bought the 27,000-square-foot residence in 2015 for almost $48 million, then put it on the market in January 2021 for a $110 million<\/a>. He then raised the stakes and upped the price to $115 million after the place was on the market for a month. But he didn\u2019t stop there. In April 2021, he nudged the ask up to $125 million.<\/p>\n

Since that peak, the price has been on a steady, downward trajectory and recently landed at $65 million.<\/p>\n

The palatial property was built in 1994.<\/p>\n

Realtor.com<\/p>\n

You can entertain in style in the large blue-and-white living room.<\/p>\n

Realtor.com<\/p>\n

There\u2019s also a spacious den with a fireplace.<\/p>\n

Realtor.com<\/p>\n

Invite the whole neighborhood to the huge home theater.<\/p>\n

Realtor.com<\/p>\n

The mansion also sports a lap pool and pool house.<\/p>\n

Realtor.com<\/p>\n

Your serve! Play a set or two on the tennis court out back.<\/p>\n

Realtor.com<\/p>\n

Supreme luxury and privacy go hand in hand at this striking estate in the well-regarded Benedict Canyon neighborhood. The residence is secure, gated, and set back at the end of a long driveway. Lovely, natural surroundings boast gorgeous plantings, verdant lawns, and high hedges.<\/p>\n

Wynn added about 8,000 square feet to the existing structure when he bought it, resulting in a palatial property with a two-story entryway, an enormous living room, a dining area, home office, and a family room with its own bar. The primary bedroom has two walk-in closets and double baths. Other indoor amenities include an elevator, wine cellar, movie theater, home gym, and massage room.<\/p>\n

There\u2019s also a guesthouse with a full kitchen, along with bedrooms and a kitchen for the staff tasked with keeping this gigantic estate running smoothly.<\/p>\n

The outdoor perks are akin to those at a fancy boutique hotel. There\u2019s a lap pool, pool house, tennis court, tennis pavilion, an outdoor kitchen, and room to seat dozens for alfresco dining.<\/p>\n

Over several decades, Wynn changed Las Vegas<\/a> forever with the development of such high-end resorts and casinos as The Mirage, The Bellagio, and Wynn Las Vegas.<\/p>\n

More recently, he served briefly as the finance chairman of the Republican National Committee. However, allegations of sexual misconduct prompted him to resign from the role after less than a year. These accusations, which he denied, didn\u2019t sit well with Nevada\u2019s gaming commission. The agency fined Wynn $10 million last year and banned him from the state\u2019s gambling industry.<\/p>\n

The post Casino Magnate Steve Wynn Slashes Another $10M From Price of Beverly Hills Mansion<\/a> appeared first on Real Estate News & Insights | realtor.com\u00ae<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Getty Images \/ Realtor.com A $10 million price drop on a mansion is substantial. But in the case of this luxe Southern California residence, it\u2019s just the latest effort to coax a buyer off of the sidelines. It\u2019s also billionaire Steve Wynn\u2018s mission to finally sell his 11-bedroom, 13.5-bath estate in Beverly Hills, CA. Wynn…Read More→<\/a><\/p>\n","protected":false},"author":0,"featured_media":4886,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4885","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/posts\/4885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/comments?post=4885"}],"version-history":[{"count":0,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/posts\/4885\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/media\/4886"}],"wp:attachment":[{"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/media?parent=4885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/categories?post=4885"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/tags?post=4885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}