Exterior view of Villa Firenze in Beverly Hills, California
The $ 160 million mansion in Beverly Hills, California is headed by the auction block, making it the most expensive listing ever up for auction.
The nine-acre property called Villa Ferranz will be sold to the highest bidder, who has no reserve. Its billionaire owner, Steven Udwar-Haji, first listed a $ 165 million asset in 2018.
“We look forward to finding it unique as an owner of real estate on the day of the auction,” Uddhav-Haji said in a statement.
The estate is the largest in North Beverly Park, an exclusive gated community that is home to Daniel Washington, Eddie Murphy, Sylvester Stallone, Rod Stewart and Kimora Lee Simmons. With three guest residences, 13 bedrooms, 17 bathrooms and 8 half-baths, the property occupies 20,000 square feet of space.
The pool is one of the highlights of the Villa Firenze grounds.
Built over five years by architect William Heblinski, the house has marble and stone floors, arched gates and several fireplaces.
The grounds have a swimming pool, pool house, tennis courts and walking trails.
Udvar-Haji, who emigrated to New York from Hungary when he was young, is considered one of the founders of the aircraft-leasing industry. He founded International Lease Finance, which was sold to American International Group in 1990 for $ 1.3 billion. He is the executive chairman of Air Lease Corporation. Forbes estimates his total assets at $ 4 billion.
An aerial view of the Villa Firenze grounds in Beverly Hills, California.
The most expensive home that was previously sold at auction was a seaside mansion in Hillsborough Beach, Florida. The 30,000-square-foot property, known as Playa Vista Isle, was listed in 2015 for $ 159 million. In 2018 it was auctioned for $ 42.5 million with a concierge auction.
A grand entrance to the 28,000-square-foot main house
Interior view of Villa Firenze in Beverly Hills, California
Marble arches and vaulted ceilings provide European charm
With vaulted ceilings and marble arches, Villa Firenze is reminiscent of an Italian villa.
Interior view of Villa Firenze
Large living area
A spacious living area inside the Villa Firenze
A dramatic passage leads to a fountain and courtyard that can hold up to 30 cars
There are 30 cars in the dramatic route and courtyard of Villa Firenze.