In a housing market that's going up, up, up, actor Bruce Willis had a hard time selling his Beverly Hills mansion. Originally listed for $22 million in May 2013, Willis was forced to chop $2 million off the asking price of his sprawling, gated Beverly Hills hacienda in August 2013. With a $19,995,000 price tag, the gorgeous home continued to languish on the market. Until now.
Property records show that Willis finally found a buyer at a much lower price. He sold the spread for $16.5 million on August 15, 2014. After so many years on the market, Willis must be thrilled that the deal is done, and he and wife Emma Hemming can fully enjoy East Coast life in their chic condo in New York City.
Despite the lower sale price, Willis still made a profit over the $9 million he paid for the estate way back in June 2004, when he bought the pad from movie industry titan Alan Ladd Jr.
The 1928 Spanish-style residence sits on about an acre of flat land in a prime section of lower Beverly Hills and has 11 bedrooms and 11 bathrooms spread out over 10,379 square feet of interior space that also includes a state-of-the-art screening room, his-and-hers bathrooms and two staff rooms. Outside, a large pool, tennis courts and the surrounding areas are an entertainer's paradise.
Branden Williams of Hilton & Hyland represented both Willis and the buyer in the deal.