A nine-bedroom Beverly Hills estate that once belonged to members of the Saudi royal family has hit the market for $89.9 million—more than triple its last sale price in 2021.
The residence spans 28,500 square feet in Beverly Park, a celebrity-favored enclave that the likes of Denzel Washington and Adele have called home. The recently updated house, not far from Mulholland Drive, with ocean and city views visible from the 2.6-acre expanse, features 22 bathrooms, a 5,000-square-foot primary suite and commercial-grade kitchens both indoors and outdoors, among other amenities.
The property, together with an adjacent 1.8-acre site, had belonged to the Saudi royal family since the mid-1990s, when they were first built. In 2020, Prince Turki bin Nasser Al Saud listed both properties—which together form a 4.5-acre compound—for $40 million, and sold them for $28.5 million the following year, according to Los Angeles County property records.
The buyer was an LLC managed by Todd DeMann, owner of real estate firm Paradigm Developers, which specializes in unique and high-profile single-family residences. After taking ownership, Paradigm, along with architecture firm Harrison Design and Mike Moser Studio, updated the home, translating its scale and stateliness for a more modern experience—and upsetting the North Beverly Park Homeowners Association in the process.
The association sued DeMann over some of the upgrades in L.A. Superior Court in January, claiming that the addition of a cantilevered pool deck and the expansion of the larger lot were among several changes that violated the HOA’s rules, but the case was settled late last month, leaving the property clear of any legal hurdles.
David Kramer and Andrew Buss of Hilton & Hyland have the listing. The neighboring site on Beverly Park Lane is also available separately off-market, per the brokers.
When he owned it, Prince Turki’s compound was one of four Beverly Hills residences known to be owned by the Saudi royal family, according to The Real Deal. The prince built his fortune during the 1970s and ’80s, partly through an infamous arms deal between the U.K. and Saudi Arabia, which later led to claims of corruption. He also served for a time as Saudi Arabia’s minister of meteorology and environment, and was one of the many high-profile princes and ministers detained in 2017 during the so-called corruption crackdown led by Crown Prince Mohammed Bin Salman. Turki passed away in 2021 at the age of 72.
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