Set on over 9 acres of land in Beverly Hills, the 13-bedroom Villa Firenze is accessible via its own private street, according to Concierge Auctions, which handles the sale. The house is decked out with vaulted ceilings, multiple fireplaces and 25 bathrooms, while the wider estate features three separate guest accommodations.
The gated mansion is located in the exclusive North Beverly Park neighborhood, home to celebrities such as Rod Stewart, Denzel Washington and Sylvester Stallone, according to a press release.
The wider estate has three separate guest accommodations. Credit: Concierge auctions
The property was designed by California-based architect William Hablinski and is described by the auction house as an ‘authentic Italian village’.
Outdoor amenities include a jogging path, swimming pool, jacuzzi, pool house, tennis court and a courtyard large enough for 30 cars.
“This is truly a masterpiece that is impossible to recreate,” the property owner said in the press release. “Many of the world’s most coveted, coveted items are sold at auction – and like this one, Villa Firenze is a work of art in itself.”
Registered buyers have about a week to bid on the 13-bedroom townhouse. Credit: Concierge auctions
The lavish home was listed at $ 160 million by brokers Hilton & Hyland, which, if realized, would make it the most expensive home ever sold at auction, Concierge Auctions said.
Despite the apparent risk, the auction house chairman Chad Roffers said auctions could be a better bet for people selling properties at the top end of the market.
“When it comes to properties worth more than $ 10 million – let alone $ 100 million plus – the buyer pool is extremely limited, typically leading to months and years on the market,” Roffers said in an email interview. , adding that the traditional selling method has its limitations.
The house was designed by California-based architect William Hablinski. Credit: Concierge auctions
“In Beverly Hills, the average number of days on the market in 2019 was 324,” said Roffers. “Our research shows that if a luxury property is not sold within 90 days, it will likely remain on the market for the next three to five years and eventually sell at a fraction of its original price.”
The auction will take place online over the course of eight days from January 26.