One of the worlds most expensive houses is auctioned for the first time.

The $ 160 million Beverly Hills resort is outfitted with a main house, three guest cottages, 13 bedrooms, 17 bathrooms, and 20,000 square feet of living space. It is simply extravagant.

STEVE WYNN LISTS THE LOS ANGELES MANSION, A “PERSONAL RESORT”, FOR $ 110M

While the surrounding grounds of the 10-acre property include a sports field, tennis court, basketball court, six-car garage, and manicured lawn and gardens, the backyard features a complex style, a jacuzzi, a fully furnished pool house with a shed kitchen.

Villa Firenze (Credit: Concierge auction)

“And you’ll be next door to Eddie Murphy and Denzel Washington,” FOX Business’s Kristina Partsinevelos told “Making Money”.

The Mediterranean-style megamanoir is owned by Hungarian billionaire Steven Udvar-hazy, who put the property up for sale for $ 165 million in 2018 and has been trying to sell it ever since. Udvar-hazy has built his fortune through aircraft leasing and is currently Chairman of Air Lease Corp. Its passage to the list of Villa Firenze comes in order to accelerate the sale.

Villa Firenze (Credit: Concierge auction)

Villa Firenze will be listed on the digital auction house Concierge Auctions for eight days starting from no minimum price.

CELEBRITY EXODUS LEAVES THE LUXURY HOME MARKET DYNAMIC

Villa Firenze hits the market as an increasing number of high-priced homes are for sale, especially as celebrities and wealthy people flee from high tax states.

SYLVESTER STALLONE LISTS THE MANSION FOR $ 130M

Elsewhere in California, the Hemsworth brothers sell their Malibu home for $ 4.25 million in order to escape to their homeland of Australia. All three players bought the 1.3-acre spread for $ 3.45 million in 2016 and listed it for $ 4.9 million in September. Some of the amenities include a 750-bottle wine cellar, theater room, as well as an outdoor kitchen and dining area.

Hemsworth Malibu home (Photo credit: Alexis Adam)

Gene Simmons, bassist for iconic rock band Kiss, is also leaving his European-style mansion in Southern California for a price tag of $ 22 million. Simmons and his wife move to Washington to escape the tax burden of living in California, leaving behind their lavish home tucked away in the celebrity enclave of Benedict Canyon.

Simmons is not the only one to flee his Californian domain because of “unacceptable taxes”. Elon Musk also flew to Texas, where his four Bel-Air homes were recently sold for $ 62 million. Before selling the bundled package, the Tesla and SpaceX mogul sold his two additional Bel-Air homes to Chinese billionaire William Ding for $ 29 million, with the second property going to Gene Wilder’s nephew. As the richest man in the world, Musk’s move to a tax-free state gives him a significant tax break from California, which currently has the highest income of any state.

Joe Rogan follows suit, ditching the Golden State for the Lone Star State, putting his Bell Canyon estate on the market for $ 32.2 million. Rogan brings his fortune with him, including a $ 100 million Spotify deal the UFC commentator, comedian and podcast host signed last year. This decision avoids an income tax of $ 13 million.

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As states like California continue to experience significant migration loss due to high cost of living, wealthy homeowners burdened with property taxes and high incomes continue to evacuate, unload their properties and leave their homes. trophy houses behind them.

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