Casa Encantada, a prominent Los Angeles mansion once priced at $250 million, has returned to the market at $175 million after several price cuts. Originally built in 1937 and spanning 40,000 square feet, the estate boasts luxurious amenities, including a 60-foot pool and tennis court. Its previous owners include hotelier Conrad Hilton and billionaire David Murdock. Despite its opulent features and former recognition as the most expensive home in the US, the property has yet to secure a buyer after its market re-entry in June 2023.
"If this was 2017, the house would be sold by now, but given the current market fluctuations, it remains unsold despite multiple price changes."
"The home hit the market for the first time this century in June 2023 with an initial price of $250 million but failed to attract successful offers."
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