The Sad Story of Beverly Hills Enchanted Hill

Enchanted Hill in Beverly Hills, California recently sold for $65 million dollars, which was SIGNIFICANTLY less than the original $150 million dollar asking price. Today we dive into the history of this incredible site.

Enchanted Hill is one of the most incredible and prestigious undeveloped lots in Beverly Hills. Originally built out in the 1920s and owned by 2 famous movie stars Fred Thompson and Frances Marion, Enchanted Hill has since sold several times, most recently to Paul Allen for $20 million dollars. After Paul went onto demolish Enchanted Hill entirely, he never saw his dream plan come to fruition as he passed away just a few years back. Eric Schmidt bought Enchanted Hill for $65 million dollars, and we don't know what will happen next with this special Beverly Hills lot.

I hope that you enjoy this video!

See you next video!

-Scott

#realestate #enchantedhill

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Видео The Sad Story of Beverly Hills Enchanted Hill канала Real Estate Report