Updated Jul 2, 2026
SOLDSingle Family
Steve Wynn's 27,000 Square Foot Mansion In Beverly Hills Goes Under Contract For $50M
1210 Benedict Canyon Drive
$50,000,000
$1,851/SF
Building Size
27,000 SF
Asset Type
Single Family
Closing
Jul 1, 2026
About this deal
AI
Steve Wynn's Beverly Hills mansion is located at 1210 Benedict Canyon Drive. The property, a single-family home, spans 27,000 square feet and has an asking price of $50,000,000, translating to a price per square foot of $1,852. This transaction marks it as the highest-priced luxury home to enter contract in Los Angeles County recently after significant price cuts from its original $75 million listing.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $50,000,000
- Address: 1210 Benedict Canyon Drive
- Market: Beverly Hills, CA
- Broker: Leonard Rabinowitz - Christie's International Real Estate
- Size: 27,000 SF
- Price per Square Foot: $1,852
Leonard Rabinowitz of Christie's International Real Estate represents the seller, Steve Wynn, in this transaction. Notably, this property was among 28 luxury homes that entered contract during the same week, which had a combined asking volume of $279.6 million.
On the Map
$50,000,000
$1,851/SF
Single Family
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Players
Beverly Hills Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93