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A unique Beverly Hills megamansion, originally built by "Full House" creator Jeff Franklin, is returning to the market with a significant price reduction of over 40%, now listed at just under $50 million. The property, known as Villa Andalusia, sits on a historic 3.6-acre lot and features extraordinary amenities including a backyard grotto, a lazy river connecting two pools, and panoramic city-to-ocean views. This price adjustment presents a rare opportunity in the luxury real estate market.
What are the key details of this Beverly Hills property listing?
The 21,000-square-foot mansion is listed for $49,999,000, a substantial reduction from its initial 2022 asking price of $85 million. The property has also been available for rent at rates up to $250,000 per month. The estate features nine bedrooms and 18 bathrooms, designed as a primary residence for large-scale entertaining. The sale includes all contents, such as the fish in a large aquarium that divides the main living areas.
What makes the design and amenities of this megamansion unique?
Designed by architect Richard Landry, the home blends Andalusian architecture with South-Asian influences. The interior includes a wood-paneled billiards and poker room, a home theater, multiple bars, and living spaces that open directly to the outdoor oasis. The property includes two garages and a motor court, accommodating at least 20 vehicles. The listing agent described the home as having the architectural feel of an older era with all the modern smart-home technology of 2025.
How significant is the outdoor living space?
The backyard is a primary feature, described as a "unique backyard oasis." It includes an infinity pool and a wading pool connected by a lazy river—a slow-moving water channel for relaxation. Each pool has its own hot tub, with the wading pool's tub tucked into a grotto behind three waterfalls. The area also features a 35-foot waterslide, a total of six waterfalls, a koi pond, a fire pit, and a swim-up bar. The architect noted it as "one of the most exciting pools we have ever designed."
What is the history of the property location?
The mansion sits on the site of a notorious 1969 crime. The previous home, where actress Sharon Tate and four others were murdered, was demolished in the mid-1990s. Jeff Franklin purchased the property from a developer who had already begun new construction. Franklin demolished that partial structure down to the studs to build the current custom home, completed in 2006. The lot's size and sweeping views attracted the developer to the location.
Who is the seller, and what is the property's potential?
Jeff Franklin, creator of the sitcom "Full House" and its sequel "Fuller House," has owned the property for nearly two decades. Based on our experience assessment, the significant price reduction may attract buyers seeking a turnkey luxury estate with unparalleled amenities for entertainment. The combination of a large, private lot, historic significance, and unique design makes this a distinctive offering in the Beverly Hills Post Office area.
For potential buyers or investors, the key considerations are the property's entertainment-centric design, its unusually large lot size for Beverly Hills, and the substantial price adjustment that may represent a market opportunity. The estate's condition and extensive amenities require a buyer seeking a ready-to-use luxury compound.
