Australian billionaire James Packer parted with his Los Angeles mansion, closing a chapter that drew wide attention across the world of luxury real estate. Listed in 2023 at around 85 million dollars, the sprawling Beverly Hills estate sold in 2025 for 60 million dollars, well below what its owner first hoped to achieve. The property has twelve bedrooms, eighteen bathrooms, a celebrity past and a lavish entertainment suite, yet it still needed more than a year to find a buyer. Here is how the sale unfolded, what the estate offers, and what Packer did next.
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