The Pratt-Schwarzenegger family have found themselves in the real estate headlines again, not for more demo bashing but instead for a significant price reduction. After listing their Pacific Palisades mansion for $32 million, the pair have knocked more than $6.5 million off that asking price.
Records show the six bedrooms, nine-and-a-half bath home is listed for $25,495,000. The home boasts some 12,900 square feet of living space.
Pratt purchased the hillside home in 2018 for a bit over $15 million before embarking on a full-scale rebuild. Now, the lux property showcases jet liner views from the Los Padres Mountains to the coastline of Santa Monica Bay and “Queens Necklace” of distant Palos Verdes. With no expense spared, this property boasts luxury quality construction, with grand scale and volume throughout, flooded with fresh air and brilliant Southern California sunlight.
The nearly one-acre estate sits behind its own gates, with steel doors and windows providing a sleek and modern aesthetic. Features include a formal dining room, multiple private patios, resort-like pool cabana with a full kitchen, pizza oven and chef’s built-in BBQ, fully equipped gym along with a world class spa with teak wood details, including a hot and cold plunge, steam room. and sauna.
State-of-the-art security system and Control 4 Lutron lighting ensure safety and convenience. There’s also a full size movie theatre, sports court and convertible Trackman golf simulator.
Shana Tavangarian with the Beverly Hills Estates and Joyce Rey of Coldwell Banker Realty hold the listing.
Photos courtesy of marketing materials
