Palazzo di Amore is the most expensive estate in Beverly Hills, which pretty much makes it the most expensive on the West Coast, and after hitting the market almost a year ago, has now had its asking price slashed by 25 percent from $195 million to $149 million.
The property was purchased in 2007 by real estate billionaire Jeff Greene, and at the time, was pretty much empty. Since then, Greene has constructed a no-expense-spared mansion on the massive 25-acre plot of land overlooking Los Angeles. In addition to the 35,000-square-foot Mediterranean-style primary residence, there’s also a 15,000-square-foot entertainment center and a guesthouse, which on its own, has 12 bedrooms and 23 bathrooms.
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