Tuesday, May 3, 2022
Sylvester Stallone Sells Los Angeles Mansion Once Asking $110 Million — for a Steep Discount
Sylvester Stallone has sold his Los Angeles compound for half of the original asking price. The six-bedroom main house, which has a two story foyer, screening room, cigar room, gym, and panoramic city and canyon views from every room, is located on 3.5 acres is located in the exclusive Beverly Park community. The compound also includes a two-bedroom guesthouse, sprawling lawns, putting green, and infiniti pool and spa, plus an eight-car garage.
Stallone and his wife have owned the property through a trust since 1998. They originally purchased it for $23.5 million, and sold it for $58 million in late February.
For more information:
See Liz Lucking, “Sylvester Stallone Sells Los Angeles Mansion Once Asking $110 Million — for a Steep Discount”, Mansion Global, February 25, 2022.
Special thanks to David S. Luber (Florida Probate Attorney) for bringing this article to my attention.
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