A Tuscan-style estate in Beverly Park, Beverly Hills, is back in the headlines after a substantial price cut: first listed in April 2026 at $68 million, the property had $13.5 million trimmed from its asking price in October 2026 and is now offered at $54.5 million, as reported by Mansion Global. The name drawing the attention is Prince — but the framing matters, and it is worth stating plainly at the start: Prince rented this house. He reportedly lived here in 2008 and into mid-2009, and he never owned it. What is for sale is a large, private Beverly Hills estate with a short, well-documented celebrity rental chapter in its past — not a Prince-owned home.
Former-resident stories need that kind of care, as the listing history of the penthouse reportedly once home to Lady Gaga in New York also shows: the honest version of the story is still a good one.
Quick Facts
- Location: Beverly Park, Beverly Hills, California (guard-gated community)
- Asking price: $54.5 million, as reported (October 2026)
- Price history: First listed April 2026 at $68 million; cut by $13.5 million in October 2026
- Living space: Around 27,000 sq ft over three levels
- Bedrooms / Bathrooms: 9 bedrooms, 15 bathrooms
- Lot: 2 flat acres
- Built: 2007, by developer George Santopietro
- Features: Wine cellar, cinema, gym, parking for more than 50 cars
- Prince connection: Rented, reportedly, in 2008 to mid-2009 at a reported $200,000 a month; never owned by him
- Listing agents: Branden and Rayni Williams of The Beverly Hills Estates, as reported
A Rental, Not an Owned Home
Prince’s famous home — the one inseparable from his legacy — was Paisley Park in Minnesota, his residence and studio complex. This Beverly Hills estate is a different property entirely: a rental chapter from a period when he was based in Los Angeles, reportedly from 2008 to mid-2009, at a reported rent of $200,000 a month. Reports say he recorded music during his time in the house, which gives the tenancy a creative rather than merely residential footnote.
That distinction shapes how the listing should be read. The seller is not Prince’s estate, and the property carries no ownership link to him. What it carries is a documented association with one of the biggest recording artists of the modern era, in a community — Beverly Park — whose reported residents have included Sylvester Stallone and Mark Wahlberg, and where celebrity proximity is part of the market’s normal currency. Prince died in 2016, a decade before this listing, which underlines that the connection is historical, not current.
Inside the Estate
The numbers are Beverly Park scale. The house runs to around 27,000 square feet arranged over three levels, with 9 bedrooms and 15 bathrooms, as reported, set on 2 flat acres — flat, usable land being one of the scarcest commodities in the hills above Los Angeles. The amenity list matches the footprint: a wine cellar, a private cinema, a gym, and parking for more than 50 cars, a figure that hints at the entertaining the house was designed for as much as the living.
The style is Tuscan: the estate was built in 2007 by developer George Santopietro, the former husband of Vanna White, as reported. Tuscan-inspired architecture — stone, tile, arched openings, formal grounds — was the dominant luxury language in Los Angeles new-builds of that period, and a 2007 build of this size in Beverly Park places the house firmly in that era’s top tier.
The Prince Chapter
The tenancy itself is the property’s claim on attention. As reported, Prince rented the house in 2008 and remained into mid-2009, paying a reported $200,000 a month — a rent that, even by Beverly Park standards, marks the house out as a top-of-market property in that period. The reports also say recording took place in the house, consistent with how Prince worked throughout his career: Paisley Park combined home and studio, and his working habits travelled with him.
Set against the current asking price, the rental chapter functions the way such chapters usually do in this market — it is part of the property’s story and its marketing, but the $54.5 million will be tested against land, size, condition and comparable Beverly Park sales, not against the tenancy alone.
Ownership History
The recorded ownership trail, as reported, runs separately from the tenancy. Santopietro, the developer who built the house, sold it in 2010 for $22.62 million to an LLC. The current owner has not been identified in the listing reports. What that trail shows is a property that has traded as an asset in its own right: a $22.62 million sale in 2010, a first listing at $68 million in April 2026, and a cut of $13.5 million six months later to $54.5 million. Quick turnarounds and repricing are a familiar pattern at this level — the Matt Holliday Paradise Valley listing followed its own short-holding storyline this season.
What the Price Cut Says
A $13.5 million reduction is a large number, but it is better read as a repricing to the market than as distress: ultra-prime Los Angeles listings routinely start aspirationally and adjust. What the new figure does is move the estate into the range where Beverly Park buyers compare it, on land and square footage, with other gated-community offerings. The listing is with Branden and Rayni Williams of The Beverly Hills Estates, as reported.
Key Features
- Around 27,000 sq ft over three levels, built in 2007
- 9 bedrooms and 15 bathrooms on 2 flat acres in guard-gated Beverly Park
- Wine cellar, private cinema and gym
- Parking for more than 50 cars
- Tuscan-style architecture by developer George Santopietro, as reported
- Reportedly rented by Prince in 2008 to mid-2009, who recorded music there — rented, never owned
Frequently Asked Questions
Did Prince own this Beverly Hills house?
No. Prince rented the property, reportedly from 2008 to mid-2009, and never owned it. His famous owned home and studio was Paisley Park in Minnesota. The Beverly Hills estate is a former rental only.
How much is the former Prince rental listed for?
The asking price is $54.5 million, as reported in October 2026. The property was first listed in April 2026 at $68 million and was reduced by $13.5 million.
Where is the house located?
In Beverly Park, a guard-gated community in Beverly Hills, California, whose reported residents have included Sylvester Stallone and Mark Wahlberg. The exact street address is not published here.
What does the estate include?
As reported: around 27,000 sq ft over three levels, 9 bedrooms and 15 bathrooms, on 2 flat acres, with a wine cellar, cinema, gym and parking for more than 50 cars.
How much rent did Prince reportedly pay?
Reports put the rent at $200,000 a month during his 2008 to mid-2009 tenancy, and say that he recorded music in the house during that period.
Who built the house, and who owns it now?
The estate was built in 2007 by developer George Santopietro, as reported, who sold it in 2010 for $22.62 million to an LLC. The current owner has not been identified in listing reports.
