When the so-called “Mountain of Beverly Hills” hit the market seeking a record-breaking $1 billion last summer, it drew snickers from real estate industry experts who balked at the price tag of the undeveloped land. Now, less than a year out, its sellers have cut its ask by 35 percent to $650 million, The Real Deal has learned. It re-listed on the Multiple Listing Service Wednesday. The 157-acre mountaintop spread in Beverly Hills Post Office […]
source https://therealdeal.com/la/2019/02/21/the-mountains-asking-price-chopped-more-than-a-third-to-650m/#new_tab
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