Housing

Most Expensive Home on Market in US? $110 Million

Douglas A. McIntyre

Published: March 18, 2018 7:18 am

Last Updated: January 12, 2020 2:20 am

A mansion for sale in one of the priciest parts of the U.S. is on the market for $110 million. A buyer gets 10 bedrooms, 12 baths, and a sprawling estate on over 13 acres.

The house, at 9434 Cherokee Ln in Beverly Hills, was built in 1983. It is well inland from the Pacific Ocean and sits south of Sherman Oaks and Universal City, just north of Beverly Hills proper. Part of the property abuts a side street which almost no one would notice. The property is on land high enough compared to the ocean that the owner does have views of the water to the west. The view is only one of a list of perks the realtor for the home is promoting. Among them:

Beverly Hills Mountaintop Estate, A long private drive winds to the top of this spectacular city-to-ocean view Villa sited on approximately 14 acres. A striking formal entry with retractable roof opens onto two dramatic living rooms, formal dining room and views of tree lined promenades stretching from the two story guest house and pool to the promontory overlooking all of west Los Angeles to Catalina. Numerous guest facilities attached and detached make this estate a perfect compound or retreat for the most discriminating.

For $110 million, a new owner gets, as would be expected, a tennis court and pool

The home is much more expensive than the average of the neighborhood, which is $2.35 million

Many people in the market for a home this expensive could probably pay cash. For those who want a mortgage, however, a 20% down payment would be about $22 million. The monthly mortgage payment would slightly less than $600,000

According to Realtor.com:

The pricey mansion known as the Mountaintop Estate popped up as last week’s most expensive listing. The villa is baaaack, this time as the most popular property in the country. It comes with a winding driveway with ocean views, and sits on 14 acres. The property has royal ties, since it was owned by the late Saudi Prince Saud al-Faisal, and his wife, Princess Johara bint Faisal. The 10-bedroom mansion features an entry with retractable roof, tennis court, two-story guesthouse, and staff quarters.

Fit for a prince who no longer lives there.