Market realities: 22K sf Hollywood Hills spec mansion goes sub-$100M

Another Los Angeles megamansion, formerly asking nine figures, has been repriced to adjust to the current state of the market.   The speculative mansion developed by Beverly Hills Estates’ Branden Williams and Rayni Williams was relisted this week for $99 million. That’s about a 21 percent cut from the $125 million they originally sought for 7661 Curson Terrace in the Hollywood Hills. “The price adjustment reflects the realities of today’s luxury real estate market, particularly at the ultra-high end, where the buyer pool is inherently limited and transactions often require more time,” the Williamses said in a joint statement to The […]

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