P
alazzo di Amore, the sprawling Mediterranean‑style estate at 9505 Lania Lane, has re‑entered the Beverly Hills market with a headline‑making asking price of $195 million. The 25‑acre property is the largest single parcel in the city and one of the most expensive homes on sale in the United States.
The mansion itself covers 53,000 sq ft—almost the size of a football field—housing 12 bedrooms and 23 bathrooms. The master suite is a private retreat, complete with a living room, twin walk‑in closets, and a Turkish‑style spa. An expansive 15,000‑sq‑ft entertainment wing boasts a 50‑seat, studio‑licensed movie theater, a bowling alley, and a rotating‑floor discotheque. Other highlights include sweeping double‑staircases, a chef’s kitchen, a wood‑paneled office and library, a billiards room, and a wine‑tasting area that can store 10,000 bottles.
Outside, a 6‑acre vineyard produces Cabernet Sauvignon and Sangiovese under the Beverly Hills Vineyards label, offering a unique opportunity for the next owner to share a bottle with high‑profile neighbors such as Barry Diller, Diane von Furstenberg, Rihanna, and Adele.
Jeff Greene, a real‑estate billionaire who purchased the unfinished property in 2007 for $35 million, poured an additional $25 million into its transformation. The original site, left derelict after the late Saudi Crown Prince Sultan bin Abdulaziz halted construction, was a shell of a house with dirt roads and no amenities. Greene’s vision turned it into a fully realized compound, complete with tennis courts, pools, reflecting ponds, and a network of roads.
The estate has a storied sales history. It first appeared on the market in 2014 with a $195 million price tag, the most expensive home in the country at the time. In 2017 it was listed again for $129 million, but failed to sell. Since then it has served as a high‑end rental, fetching $425,000 per year for Saudi Crown Prince Mohammed bin Salman.
Greene’s current strategy is to leverage modern marketing tools. Over the past month, live‑stream host Kai Cenat visited the property, inviting a red‑carpet lineup of A‑listers—including Kim Kardashian, LeBron James, and Snoop Dogg—to stream the estate to millions of viewers. Broker Erwin Nicholas, founder of Mr. Real Estate, convinced Greene to relist the home on the MLS, arguing that the reach of live‑streaming could attract the right buyer. Nicholas is co‑listing the property with Patrick Michaels of LA Estate Brokerage.
Despite the extensive exposure, Greene remains cautious. “We’re not that motivated to sell,” he said. “We use it when we use it, but we’re not looking to part with it unless the right offer comes along.” He noted that the property’s maintenance costs are high and that his children enjoy the expansive grounds for running and hiking.
The market for ultra‑luxury homes in Los Angeles has seen several record‑breaking sales since Palazzo di Amore last went on the market. In 2024, a Malibu mansion sold for $210 million, while Marc Andreessen purchased a Paradise Cove estate for $177 million in 2021. Google CEO Eric Schmidt paid $110 million for Spelling Manor in Holmby Hills, and Australian billionaire James Packer matched that price for a 35,378‑sq‑ft Bel Air home.
With the current asking price just shy of the $200 million Malibu mansion sold by Beyoncé and Jay‑Z in 2023, Palazzo di Amore remains a rare opportunity for a buyer willing to invest in a 25‑acre, 53,000‑sq‑ft compound that blends Mediterranean elegance with modern entertainment amenities. Whether the estate will finally find a permanent owner or continue to serve as a high‑profile rental remains to be seen, but its unique blend of size, luxury, and vineyard production keeps it at the forefront of the ultra‑high‑net‑worth real‑estate conversation.
