The most-expensive tag doesn’t translate into a must-buy or the most-sought-after for the well-heeled shoppers in the real estate market. America’s most expensive mansion is… [Read More]The post After A $46 Million Price Cut, Palazzo di Amore Is Still America’s Most Expensive Mansion appeared first on Pursuitist.

The most-expensive tag doesn’t translate into a must-buy or the most-sought-after for the well-heeled shoppers in the real estate market. America’s most expensive mansion is facing the same fate as it has failed to attract buyers. The gated estate in Beverly Hills reigned as the most expensive home in the United States at $195 million since last year. Now Palazzo di Amore has lowered the bar by chopping down $46 million. Asking $149 million only, it is still maintaining its most-expensive-home crown. Sold by real estate entrepreneur Jeff Greene, the property was earlier also offered for lease at $475,000 a month. Greene had purchased the property in 2007 for $35 million and spent eight years expanding the Mediterranean-style mansion.Set on 25 acres in Beverly Hills and designed by Gigi Hadid’s father Mohammed, the main residence has more than 35,000 square feet of living space for a total of about 53,000 square feet, including an entertainment complex and a guesthouse. Home to twelve bedrooms and twenty-three bathrooms including a 5,000-square-foot master suite, the mansion also features a floating-style glass-fl...