PHOTO: James Packer and girlfriend Kylie Lim spotted in Saint Tropez. Daily Telegraph
Billionaire James Packer has decided to list his opulent Beverly Hills estate for sale, setting an asking price of $132 million. In 2018, the 56-year-old acquired this 12-bedroom mansion from actor Danny DeVito for a sum of $93 million, as reported by the Daily Mail.
Constructed in the 1930s, this sprawling estate spans over 5 hectares and boasts an impressive tally of 18 bathrooms. The property encompasses various structures, including a three-story accessory building, maids’ quarters, and a guesthouse. Designed with entertainment in mind, the estate includes a bar, game room, wine cellar, and a cigar lounge.
James Packer is selling his Beverly Hills mansion. Photo: realtor.com
Luxury features abound, with a swimming pool, terrace, fireplace, and a cinema also included in the package. The property is described in the listing as a “magnificent estate nestled on 1.2 sprawling acres in the heart of Beverly Hills,” offering unparalleled luxury living in one of Southern California’s most desirable neighborhoods.
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James Packer is selling his Beverly Hills mansion. Photo: realtor.com
Furthermore, the estate offers panoramic vistas of its expansive grounds and the surrounding canyons. The formal dining and living rooms make it an ideal venue for hosting events, while the primary bedroom suite serves as a personal sanctuary, featuring dual bathrooms, spacious closets, and a private balcony overlooking the lush yard. This mansion represents just one of Packer’s assets in his extensive property portfolio, which also includes a $72 million apartment in Sydney.
James Packer is selling his Beverly Hills mansion. Photo: realtor.com
Packer’s decision to sell the estate is reportedly driven by his desire to be closer to his children—Indigo, 14, Jackson, 13, and Emmanuelle, 10—whom he shares with his ex-wife, Erica Packer. Earlier this year, Packer unveiled plans for what he referred to as the “third act” of his life, which includes a return to his native Sydney.