The mansion where the famous severed horse-head scene in The Godfather was filmed is scheduled to sell in bankruptcy for $47 million.
One of California’s most historic and opulent mansions, a honeymoon love nest for Jack and Jackie Kennedy, and a big star in movies The Godfather and The Bodyguard, the famous Hearst Estate has finally sold.
The only question is the final price.
Newspaper magnate, yellow journalist, and two-term Democratic congressman, William Randolph Hearst, the inspiration for the Charles Foster Kane character in Citizen Kane, and actress Marion Davies began their torrid love affair in 1917.
He was 53 and married while she was a 19-year-old chorus girl when they moved in together at his world-famous Hearst Castle in San Simeon, California. When he agreed to downsize from the imposing 69,000-square-foot estate, Davies bought him a smaller mansion in Beverly Hills – where they lived until he died in 1951.
Previously known as The Beverly House, the mansion has been a frequent filming site used as a backdrop for the movies The Godfather and The Bodyguard and Beyoncé’s music video, Black is King.
The home was also where Jack and Jackie Kennedy stayed during the Southern California segment of their 1953 honeymoon. Mrs. Kennedy was so excited to be staying in such a stunning estate, she wrote a four-page letter about her stay, which is framed along with photographs that are on display at the home.
The mansion was later used by Senator Kennedy as the West Coast headquarters for his 1960 presidential campaign.
Having been on and off the market during the 40 years it has been owned by financier-and-attorney Leonard M. Ross, who was forced into bankruptcy in 2010, the Hearst Estate was listed in August 2020 at $125 million.
In April 2021 the price was dropped to $89.75 million and in June down to $69.95 million. After reaching the June price, the estate received multiple offers which were reviewed by the bankruptcy court.
A final price of $47 million was accepted by the court, but during the final proceedings will be open to a brief auction in the attempt to garner a higher price before the gavel falls.
Regardless of what happens before the gavel hits its mark, Mr. Ross will be saying goodbye to his exquisite mansion, and it will move forward to welcome a new set of owners and guests.
Hey, if you feel like buying this mansion, it’s listed at toptenrealestatedeals.com, and perhaps there’ll be a horse’s head in one of the beds as a welcoming gift.