Tilly Pearce
·2 min read
Selling Sunset is back on our screens and yet one of the biggest mysteries still remains… what exactly is happening with that $75million listing?
The stunning Beverly Hills property was brought to the team by Davina Potratz as her ultimate sell, but with such a hefty price tag, it's hard to find even a Hollywood A-lister willing to fork out that much.
The immovable house has caused serious tension within the Oppenheim Group in the struggle to close the deal. During season three, Davina enlisted the help of Christine Quinn to find a buyer – but even together there’s been no luck.
So has there been any development in the year the show’s been off-air?
Here’s everything you need to know about the house and what’s been happening to it lately.
Selling Sunset’s $75million house - where is it and why is it worth that much?
The seven-bedroom, 10-bathroom property is based in North Beverly Hills Drive, and has been completely renovated from the ground up.
Set on an acre of land, the house has 15,605 square feet of living space, including a chef’s kitchen, multiple walk-in closets, wine cellar, a full cinema and a two-bedroom, two-bathroom guest house that’s itself bigger than your average family home.
There’s also a huge stunning garden with “one of the biggest swimming pools in Beverly Hills”, an alfresco kitchen for entertaining guests and a dining area.
Property developer Adnan Sen boasts the house has “meticulous attention to design and detail”, with state-of-the-art technology built into the walls for all-surround sound and command functions.
Adnan, who runs Sen Properties, says he focused on combining country living with city life in the design, making a perfect getaway right in the heart of the city.
Initially, he wanted to sell the house for $100million, but the Oppenheim Group convinced him to lower the price to $75million.
Has the $75million listing been sold yet?
Unfortunately, despite being a beautiful house we'd all kill to live in, the property is still listed for sale, with exposure from Selling Sunset over the past three years doing little to draw in potential buyers.
Adnan was warned multiple times by the team at The Oppenheim Group that the steep price tag he’s put on the house would make it difficult to sell. However, he’s been adamant that he’s unwilling to settle for less.
Marketing website Zillow estimates the value of the property stands at $28.1million, and claims the land was initially bought in 2013 for $5.8million.
It currently remains listed with The Oppenheim Group at $75million. If you're interested.
Selling Sunset seasons 1 to 4 are available now on Netflix.
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As an enthusiast in real estate and popular culture, particularly in the realm of high-end property listings, I've closely followed the intricacies of the $75 million house featured on "Selling Sunset." This luxurious property, located on North Beverly Hills Drive, has become a centerpiece of the show's narrative and the subject of significant speculation within the real estate community.
The seven-bedroom, 10-bathroom mansion spans an impressive 15,605 square feet and boasts a meticulously designed interior with modern amenities, including a chef’s kitchen, walk-in closets, a wine cellar, a full cinema, and a sizable guest house. The outdoor space is equally impressive, featuring a vast garden, one of the largest swimming pools in Beverly Hills, an alfresco kitchen, and a spacious dining area – all designed for lavish entertainment.
Developed by Adnan Sen of Sen Properties, this residence was initially priced at a staggering $100 million but was later lowered to $75 million upon advisem*nt from The Oppenheim Group, known for brokering high-end real estate deals in Los Angeles.
Despite its opulence and exposure through the "Selling Sunset" series, the property has faced challenges in finding a buyer willing to meet its hefty price tag. The Oppenheim Group cautioned Adnan Sen about the difficulty of selling at such a high value, even as Zillow estimates the property's value to be significantly lower, at around $28.1 million.
Notably, the property has remained on the market for an extended period, with no reported sale to date. Its persistent listing at the original $75 million price point showcases the seller's unwavering stance on its value, despite industry skepticism and market estimates suggesting a much lower valuation.
This ongoing saga of the $75 million house on "Selling Sunset" reflects the complexities and challenges inherent in the luxury real estate market, where perceptions of value, marketing strategies, and economic realities intersect.
In summary, the article delves into the extravagant details of the property, its history, pricing strategies, the involvement of the Oppenheim Group, and the challenges faced in selling a high-value real estate asset.
