Unreal estate: Incomplete Beverly Hills mansion you have to build yourself costs whopping $32M

A unique (and expensive) opportunity to own a newly built mansion in a prime location in Beverly Hills, CA, has come on the market for the sky-high price of $32 million.The catch? You have to build it yourself.The dwelling, which is billed as a “rare opportunity to complete an iconic estate,” currently consists of only a basement foundation and perimeter walls — with no other elements of the property having been built before it was listed.It has been sitting unfinished for several years now, having first been put on the market in 2021, when it was listed at almost $10 million less than what its owners are now asking.The property last changed hands in 2014 for $9.1 million, according to Realtor.com.Although the home comes without so much as a single completed room, the description notes that it does boast “approved plans.”The dwelling is “fully prepped for construction,” the description states, having undergone all of the necessary grading and compacting required for such an imposing hillside abode.The 13,600-square-foot estate sits on an acre lot, and when (if?) completed, it will include five bedrooms, eight bathrooms, open living spaces, and a “wellness center” with a spa, steam room, sauna, and indoor pool.The hillside lot boasts views of Beverly Hills, downtown Los Angeles, and the Pacific Ocean.

It has been stabilized with retaining walls and features landscaping with planting and irrigation, the listing notes.According to the listing, which is represented by Justin Mandile with Sotheby’s International Realty–Beverly Hills Brokerage, the work that has already been completed will allow for a “seamless transition for the next owner to build immediately.”For those who would like to envision what’s not yet there, architectural renderings show a modern behemoth that will rise over the hill.Stay up on the very latest with Evening Update.

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