Steve Wynn Sells Beverly Hills Estate for $47.75 Million

Former casino mogul Steve Wynn has sold his 27,000‑square‑foot Beverly Hills mansion, known as Villa Lulu, for $47.75 million. The price is about $62.25 million below the $110 million he listed the property for in 2021 and roughly $0.5 million less than the $48 million he paid for it in 2015.

The estate, which includes 11 bedrooms, multiple kitchens, a private cinema, a wine‑tasting cellar, a wellness wing, a tennis court with air‑conditioned spectator seating, and a resort‑style pool, was the highest‑priced home sale in Beverly Hills in 2026. The transaction highlights a slowdown in California’s ultra‑luxury housing market, though Wynn’s net worth remains estimated at over $3.7 billion after his 2018 departure from the casino industry amid a sexual‑misconduct scandal.