Sylvester Stallone’s stunning Beverly Hills mansion has been relisted at $85 million – $25 million less than the original asking price.
The Mediterranean-style property at 30 Beverly Park Terrace was purchased by the Rocky star in the late 1990s for an undisclosed amount and it is loaded with personal touches.
Photos released of the secluded hillside home reveal rooms adorned with Rocky memorabilia, with the character immortalized in everything from colorful Pop Art prints to life-size statues.
One trophy-style room is completely dedicated to the boxing icon, while there is even a Rocky statue at the edge of the outdoor infinity pool, with its silhouette visible even from the air.
Architects to the rich and famous
Built in 1994 by Edward Granzbach, who was a go-to architect for the rich and famous, the main house comprises a show-stopping two-story foyer, formal living and dining rooms, an office, a family room, an expansive kitchen with a double island and breakfast room.
A plush screening room, a gym, a cigar room, and an incredible custom-made bar are among the other amenities.
On the accommodation front, there are six bedrooms, including a master suite complete with dual baths, a sauna, a steam room and office with a terrace, and nine bathrooms.
A stylish modern theme runs throughout, with fresh color schemes and an appetizing blend of slick contemporary and classic furnishings.
Large windows and French doors allow for plenty of natural light and high ceilings add to the sense of grandeur.
There is also a smart guesthouse on the estate designed by celebrated Hollywood architect Richard Landry, who has created homes for everyone from Michael Jackson to Rod Stewart.
This self-contained two-story lodging includes living and dining areas, a full chef’s kitchen, and two suites.
In addition to an infinity pool, the 3.5-acre plot features an air-conditioned eight-car garage, an art studio, a spa, a putting green, ample patio space, and manicured gardens that boast spectacular views over the canyon and the bright lights of Los Angeles beyond.
An exclusive A-list community
In terms of location, Stallone’s estate belongs to the exclusive North Beverly Park gated community which is near the summit of the Santa Monica Mountains in Beverly Hills and offers an unbeatable level of privacy.
There are no sidewalks and photography is strictly forbidden, keeping the paparazzi at bay.
For this reason, it has attracted a roster of A-list clients including everyone from Denzel Washington, who purchased his property from former Walt Disney CEO Michael Eisner, to Mark Wahlberg to Justin and Hailey Bieber.
The neighborhood, which is part of the larger Beverly Park area, started being developed in 1990 after a failed attempt to run it as a golf club and country club. Today the secure enclave is one of Los Angeles’ priciest slices of real estate.
There is a requirement in place which stipulates homes in the area must be at least 5,000 square feet in size but the majority are four times this, with Stallone’s being a prime example at 21,000-square-feet.
The North region of Beverly Park is more densely populated than the South, with more than 60 homes. The community is accessed via an entrance off the famed Mulholland Drive. Mature shrubbery gives the entire area a sense of seclusion.
JamesEdition currently has three properties listed in Beverly Park, which shares Beverly Hills’ iconic 90210 zipcode. Property listings in this region of Los Angeles average $4,060,000, putting it at around $11,840 per sq m.
Along with Stallone’s, there is an eight-bedroom mansion listed in Beverly Park for $32.5 million and a colonial-styled estate on offer at $26.9 million.
A $25 million discount
Stallone’s estate now makes its mark as the second most expensive home in Beverly Hills after the iconic Hearst Mansion (which featured in The Godfather) hit the market this year for $89.75 million.
The property is listed with Jade Mills, who is one of the leading real estate brokers in the Beverly Hills area, and affiliated with Coldwell Banker Realty.
It originally hit the market in January this year at $110 million before the price was reduced in March.
Offering a taste of what prospective buyers can expect of the estate, Mills says: ‘Poised on a sprawling nearly 3.5-acre site in the exclusive guard-gated enclave of North Beverly Park, this estate is a world unto itself. From the moment you enter the large motor court, you’re transported to the Italian Riviera.
‘The property’s walls of French doors and windows allow the light-filled environment to integrate with the beautiful, lush exterior while highlighting the expansive panoramic city and canyon views from every room, providing an exceptional lifestyle with ideal space for both luxurious living and lavish entertaining.”
She adds that the communal areas of Beverly Park are ‘manicured like a park at the Getty Museum’.
The Los Angeles Times reported that Stallone, 74, and his wife Jennifer Flavin put their Beverly Park property up for sale after purchasing a compound in Palm Beach, Florida, which will see them spend more time on America’s East Coast.
Their new Spanish-style home, which was purchased for $35.38 million last December, includes a guest house and pool pavilion.