Steve Wynn’s $135M Beverly Hills estate sells for just $47.75M

Billionaire Steve Wynn's Beverly Hills mansion has finally sold for $47.75 million. The lavish estate, known as Villa Lulu, was on the market for over five years. After extensive renovations and price adjustments, the property found a buyer. This sale highlights challenges in the ultra-luxury real estate market. The transaction concludes a significant chapter in Los Angeles' high-end property sales.