Prime Cut

The most expensive home in Los Angeles has taken a nearly a nearly 24% price cut, making it…the most expensive home in Los Angeles. We previously introduced you to the Beverly Hills estate affectionately known as The Palazzo di Amore when highlighting the international trend of $100 million-plus listings. More: Nine Figures and Counting The palatial property made headlines when it originally listed for $195 million, but it has recently shaved $46 million of that initial asking price.

The home, now a steal at $149 million, sits on 25 acres and features a wine producing vineyard, discotheque and city to ocean views. If the Palazzo piques your interest, you can view the home’s full listing on Mansion Global.