Nearly a full year after he first made his Beverly Hills residential white elephant available off-market with a $135 million ask, Steve Wynn has given that pricetag a healthy haircut, slicing it down to $110 million and plunking the house onto the MLS for the very first time.
Perhaps unsurprisingly, the palatial structure looks far more like a boutique hotel than an “ordinary” home, complete with custom carpets designed by the same company commissioned to decorate the Encore and Wynn hotels in Las Vegas. Set on a 2.7-acre lot in the Benedict Canyon area of town, the walled and gated estate lies on a private cul-de-sac shared with three other properties.
Designed in the International architectural style by William Hablinski and completed in 1992, the house was commissioned by GUESS cofounder Maurice Marciano and spans more than 27,000 square feet of megamansion-sized living space with 11 bedrooms and a whopping 20 baths, including two separate staff wings — one for household staff, one for a full-time security detail — four guest bedrooms, and a penthouse-worthy master retreat with dual baths, dual closets, dual dressing rooms, dual offices, and so much more.
The colorful interiors include a so-called “reception room” with a crimson-and-white motif, a cream-colored formal dining room that can easily seat 12 and connects to an alfresco dining terrace, a blue-and-white great room with a shimmery collection of LED lights and a marble fireplace, and a monstrous gym with enough equipment to accommodate half of Hollywood, even while social distancing.
Naturally, there’s also a treasure trove of name-brand art scattered through nearly every room in the place — Wynn is one of the world’s foremost collectors — and a truly incredible array of high-tech spotlights, track lights, and recessed lights. The listing notes that “new lighting and audio systems …. have been installed throughout.”
Out back, the vast grounds are every bit as decadent and high-maintenance as the house itself, with seemingly endless rows of manicured hedges, sprawling lawns, formal gardens, and a bevy of mature trees. Some of the recreation-themed amenities include a full-size tennis court with its own viewing pavilion, a championship swimming pool, poolhouse, full outdoor kitchen, and even a rare Jaume Plensa sculpture by the pool deck.
Wynn bought the property in 2015 from Marciano, paying about $48 million for the premises. Since then, the place has undergone a years-long upgrade and transformation that likely cost well into the eight figures.
Though he’s no longer with Wynn Resorts following sexual misconduct claims, Wynn is still a billionaire several times over and therefore still maintains a billionaire-worthy portfolio of residences from coast-to-coast. The legally blind 78-year-old still has a mansion in Las Vegas, a $70 million penthouse apartment atop the Ritz-Carlton in Manhattan, a 25,000-square-foot ski chalet in Sun Valley, Idaho, and a $43 million oceanfront estate on Florida’s chi-chi Palm Beach.
But Wynn’s most impressive home isn’t a “house” at all — it’s his floating mansion Aquarius — a 302-foot, $215 million superyacht with a helicopter landing pad, a beauty salon and 30-person crew.