Villa Firenze Hits the Market in Beverly Hills for $120M After Selling for $51M Just Last Year

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One of the great estates of Los Angeles has returned to the market after just one year away. Villa Firenze listed this past week in Beverly Hills with a price tag of $120 million. That’s more than double the $51 million that the estate sold for at auction in April of 2021 to health and science entrepreneur Roy Eddleman. Eddleman purchased it at a major discount seeing as the opulent property wanted $165 million in 2017, according to public records. Still, one can’t help but wonder—what changed in this past year to see such a price jump?

Listing agent Richard Klug of Sotheby’s International Realty sets the property’s scene, telling Mansion Global, “Villa Firenze is a period house and does not need renovation, but the seller changed many of the plumbing fixtures to modern/ecological ones and changed the entire lighting system to low voltage LED.” Constructed in 1998, the updates made all seem to have the home’s ecological impact in mind. Klug shared that the fountains and water system were also upgraded thinking of conservation.

However, the estate retains all of its Italian-style majesty. A gated entry guards the 9.85-acre, 31,624-square-foot compound, which has a main house, guest house, and pool house for a total of 12 bathrooms, 14 full bathrooms, and 4 half bathrooms. Through that gate may be the only route in and out, but within the home lies a secret passage one wouldn’t expect. Like something out of a mystery novel, it connects the primate suite to the den and bar and the impressive two-story library.

But, that’s just one highlight. A pool, lighted tennis court, gym, practice soccer field, “child’s maze,” gift-wrapping room, and more await at this $120 million listing.

This article appears in the May 2022 issue of DailyDeeds.