Billionaire Steve Wynn Increases Asking Price of 90210 Mansion to $115M

Published: March 9, 2021 | By: American Luxury Staff

In March of last year, casino-and-hotel billionaire Steve Wynn put his trophy estate in Beverly Hills on the market. The property—which is anchored by a three-level, 27,000 sq. ft. mansion—hit the open market with a resounding thud: $135 million.

A price-pruning followed, bringing the ask down to $110 million…and, this week, a price increase raised it to $115 million. There’s a message in the alteration. Or a sanguine reverie.

The house was custom-built for Maurice Marciano, who co-founded 1990s fashion juggernaut Guess, but Wynn customized it to taste during his five-year ownership tenure. As it stands, it’s a reticent home that looks something like a high-dollar hotel. It’s tough to spot a room that doesn’t sport atmospheric LED lighting, ceiling designs are ornate, hallways and doorways are wide. The sense of scale and space is very effective, and this home should appeal to a power broker of a buyer who keeps their cards chest-close.

The eleven-bedroom, fifteen-bath home’s outdoor living areas are an astonishing accumulation—most notably terraces and the large patios that foregrounds the sprawling decorative lawn in back—and the walking path that traverses the 2.7 acres of grounds is marvelously escapist. Amenities include a theater, a wine cellar and a gym, all king-sized.

Perhaps the listing for Wynn’s postmodern home in Las Vegas will see a similar bump; that home appeared at $25 million before a price chop this January left it at $19.5 million.

Wynn’s net worth is north of $3 billion.

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