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Just Listed! Mark Wahlberg Offers Sprawling Beverly Park Mansion For… $87.5 Million

Please greet your mortgage broker in my stead.

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For those who are not familiar, Beverly Park is a 325-acre gated community high up in the hills above Beverly Hills. This is where you want to buy if you’re a billionaire and want a house in Los Angeles.

The average home in Beverly Park is 20,000 square-feet and every home in Beverly Park pays a monthly HOA of $3,000. The few remaining vacant lots frequently sell for $20 million or more. Those are for dirt. On that lot, a house would still need to be built, likely costing $10–20 million.

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  • Sylvester Stallone, who in January paid $58 million for Adele to purchase his mansion.

Mark Wahlberg’s property in Beverly Park may be the most bizarre and enormous of any of them. So, unsurprisingly, when this home was listed for sale earlier today, it came with an appropriately insane and massive price tag of…

$87.5 million

Since it was finished in 2014, Mark and his wife have resided in the aforementioned mansion. They resided in a different Beverly Hills mansion from 2001 until 2014, which is located just across the street from one of Beverly Park’s two gated entrances. They paid $4.95 million for their first Beverly Hills house in 2001, and they sold it for $12.4 million in April 2018.

The undeveloped 6.2-acre plot that would eventually become the aforementioned estate was purchased by Mark and his wife for $8.25 million in 2009.

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The 30,500 square foot mansion, which has 12 bedrooms and 20 bathrooms, was built on the land over the course of four years and cost an estimated $20 million. Property amenities include a home theater, tennis court, grotto pool, two-story library, skate park, sport court and 5-hole golf course.

Most Expensive Home In Beverly Park

If Mark wants to set the record for most-expensive home sold in Beverly Park history, he will need to top the $70 million that private equity billionaire Alec Gores got LAST WEEK for his 40,000 square-foot mansion. Given that Mark’s site is larger (6.2 acres vs. Gores’ 2.2 acres) and has more amenities, I believe Mark will be able to pull it off.

Villa Firenze, another Beverly Park house, had once been listed for $165 million. The final auction price for Villa Firenze was $51 million. Villa Firenze is shown here:

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Here is a video tour of Beverly Park taken by a drone. At 10 seconds and again at 3:40, you can see Mark’s mansion while it is being built. Just for fun, around 2:23 you can see a sizable gray mansion that Reema bint Bandar Al Saud, the Saudi Arabian ambassador to the United States, owns, based on property records. How can a modest ambassador become wealthy enough to own what appears to be a $50 million mansion? Ibn Saud, Reema’s great-grandfather, is credited with founding present-day Saudi Arabia. From 1964 to 1975, her maternal grandfather reigned as King of Saudi Arabia.

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