Crazy California 'Party Palace' Slashes Price by 66% (House of the Day)
By Rob Bear
As of September 2010, this decadent 9,000-square-foot villa in the obscure Los Angeles suburb of La Habra Heights was asking an astonishing $21 million. After two long years on the market, the property was divided and the price chopped all the way down to $7 million. Worse yet, it still has yet to sell.
Why? Well, aside from the initial outrageous asking price, the place has some explaining to do when it comes to the oddball decor and beyond-unique features, like a fountain in the swimming pool, a Playboy Mansion-esque grotto, garish lighting, knockoff frescoes, a bizarre master suite, and a basement casino stocked with slot machines. All of these extravagances were installed by the owner, the Romanian-born "trucking magnate," Nick Radoi.
See the listing on Realtor.com here, and view a gallery of the mansion below.
This story was originally published on Curbed.
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