Sylvester Stallone, Hollywood star of “Rocky” and “Rambo,” has reduced the listing price of his lavish 20-room mansion in Beverly Hills, Los Angeles, California by 22% from $110 million to $85 million.
Sylvester Stallone
Photo Credit: ShutterShock
Stallone reportedly purchased the Beverly Hills property in the 1990s and by 1994, moved into the extravagant home. Over the years, Stallone has reduced his real estate footprint on the West Coast with the sale of his desert golf oasis in La Quinta, California last spring for $3.15 million. In December of 2020, he purchased an estate in Palm Beach, Florida for $35,375,000. The Beverly Hills property was first placed on the market in January at a price of $110 million, but the Stallones were not fully certain they wanted to move. Once they came to a definitive conclusion, the price of the home was reduced by 22% to $85 million.
The 3.5 acre hilltop estate rests behind the double gated community of North Beverly Park. While the official square footage of the residence is undetermined, the home includes eight bedrooms, nine full bathrooms, and three half bathrooms. Over the course of his residence, Stallone has filled the space with his personal touch from the Rambo themed mailbox to his award display above the fireplace. The home’s interior includes an enormous kitchen with floor-to-ceiling windows, art studio, home theater, stylish cigar room, custom bar, fully equipped gym, and eight-car garage. The primary suite is equipped with lounge and dressing areas, dual bathrooms, apartment-sized closets, sauna, steam room, and office with terrace. The outdoor space feature multiple patios, putting grounds, spa, and infinity pool offering views of the Los Angeles cityscape. Additionally, the two-story guesthouse designed by favored Hollywood architect Richard Landry features a full kitchen, dining room, living room, and two bedroom suites.
The listing for this property is held by Kurt Rappaport and Jade Mills with Coldwell Banker.
For more on the latest in luxury real estate, visit www.hauteresidence.com.
