An LA mansion that was once the most expensive in America got another price cut, to $165 million.
The seller is the widow of telecom tycoon Gary Winnick, who paid $94 million for it in 2000.
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This week, the 60-room mansion cut its ask to $165 million, a 34% drop from its highest price tag.
With the latest price cut, it's no longer the most expensive listing in California.
Persons:
Encantada, it's, Gary Winnick, —, Conrad Hilton, Jeff Bezos, Shou Zi Chew, Casa Encantada, It's, John Donahue, Karen Winnick, Encantada's, Josh Flagg, Flagg
Organizations:
Service, Bel Air, Hilton Hotels, Pritzker, Global, Business, Bel, Air Country Club
Locations:
America, Los Angeles, Singapore, Naples, Florida, California