After nearly three years on the market, America’s most expensive home has finally sold—for 62% off. With a price tag of $250 million, “Billionaire”—the elaborate Los Angeles spec house built by handbag entrepreneur Bruce Makowsky—was the priciest in the nation when it came on the market in 2017. After several reductions, it has found a buyer for around $94 million, according to people with knowledge of the transaction. Billionaire’s...

Source: Wall Street Journal October 24, 2019 18:56 UTC