
Casa Encantada's Price Drops Again to $165M, Still California's Priciest
Casa Encantada, the most expensive residence in California, has reduced its asking price from $195 million to $165 million. The 40,000-square-foot estate, built in 1937 and restored by designer Peter Marino, features 60 rooms, including a walnut-paneled library and Art Deco living spaces, and sits on 8.4 acres overlooking the Bel-Air Country Club. Despite the price cut, the ultra-exclusive property, once owned by Conrad Hilton and later sold for $94 million in 2000, is still seeking a buyer in today's cautious luxury market.