Worlds Most Expensive Properties - Hearst Castle

casino blog
22 May 2009

William Randolph Hearst I is one of the most famous Americans in the country's short history. Moreover, his family name, Hearst, rivals that of the Rockefeller's. Hearst was also the inspiration for Citizen Kane, often considered one of the all-time greatest movies.

Not only is the man's name famous, but his home has an equally impressive resume. Fans of classic cinema may remember the first Godfather movie. In the classic scene where the horse head ends up in bed - that takes place in Hearst's mansion. His beautiful mansion is currently for sale on the market.

Hearst purchased the home in 1947 for $120,000 - a lot of money at the time - and its most recent owner, Leonard M. Ross, who purchased the home in 1967, put it on the market in 2006 with a price tag of $165-million.

Even with up-to-date inflation, it just doesn't seem fair, does it? If you're among the select few on the planet with the means and desire to purchase one of the world's most famous mansions, your new six-acre estate will situate you beside neighbors the likes of Harrison Ford, Tom Cruise, and David and Victoria Beckham.

There are 29 bedrooms in Hearst's Beverly Hills Mansion, and the home is situated on 6.5 acres of prime California real estate. The outside of the home is pink stucco, not changing much from its original décor. The inside of the mansion is riddled with billionaire must-haves, like its own disco, three separate swimming pools, a large movie theater, huge bathrooms, gourmet kitchens, and much, much more.

It's not only one house you're purchasing for the price tag. Hearst Mansion - the H-shaped centerpiece - is the main dwelling on the estate, but there are also three other homes and an apartment and separate cottage for the on-site security staff.

The mansion is also well-known for being the spot John F. Kennedy and his wife Jacqueline spent their honeymoon in 1953. Original structures that stood on the grounds, including large fountains, beautiful gardens, and other landscaping marvels, were restored to their full glory by Ross, the most recent owner. Only a short 20 years ago, Hearst Mansion was listed for sale with a price tag of $20-million with no takers.

The home has an impressive array of artwork, furnishings, turn-of-the-century original molding, and a huge refurbished kitchen in the main house, large fireplaces, and expansive terraces. However, with all that the mansion offers, it's not expected to sell for the price.

Experts project that even in L.A. - the world's foremost haven for lavish excess - no one will be willing to pay such an enormous price tag for a 1920s home. Ross remains optimistic, as he's witnessed homes like the Victorian Villa sell in the UK, and projects like Blixseth's Pinnacle fall through, thus eliminating some competition.

Tags: john f. kennedy, hearst mansion, hearst castle, beverly hills, blixseth's pinnacle, california,
Posted In: Real Estate,
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