Hollywood Hills Mansion Price Cut to $99 Million
Owners have dropped the asking price on the 22,000-square-foot Curson Terrace estate by 21 percent.
Updated on Oct. 14, 2026 in Residential
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Developers Branden and Rayni Williams have relisted the mansion at 7661 Curson Terrace for $99 million, down from its initial $125 million asking price. The sprawling estate is one of only two homes in Los Angeles County currently listed at $100 million or more.
Why it matters
The significant price reduction reflects cooling conditions in the ultra-luxury real estate market. Potential buyers must also account for local tax implications, as a sale at this price point triggers a 5.5 percent transfer tax under Measure ULA.
The 22,000-square-foot property, which sits on land originally purchased for $8 million, includes a 4,000-square-foot motor court and a 100-foot infinity pool. A sale at the current price would result in a $5.4 million property transfer tax liability under Measure ULA.
The players
Branden and Rayni Williams
The developers behind the Curson Terrace project who specialize in high-end Los Angeles real estate.
Scott Mitchell Studio
An architecture and design firm known for creating luxury residential spaces.
The details
Designed in collaboration with Scott Mitchell Studio, the property provides private access to Runyon Canyon. The home features seven bedrooms and twelve bathrooms spread across the large footprint. The developers opted for the price adjustment to better align with current buyer interest at the top end of the Los Angeles market.
Timeline
The completed home first hit the market in 2025.
The 7661 Curson Terrace mansion was officially relisted the week of October 14, 2026.
The Home Front
This listing follows a trend of price corrections for record-breaking luxury estates across the Los Angeles area. The sale remains subject to the financial constraints established by Measure ULA, which significantly increases the total acquisition cost for properties priced at $10 million or more.
Homeowners navigating the high-end market should consult with a licensed real estate attorney to understand how Measure ULA impacts their specific tax liability. Buyers should also verify all property-specific disclosures and tax assessment records before making any offers on luxury estates.
The takeaway
Ultra-luxury properties in the Los Angeles area are currently seeing downward price pressure due to limited buyer demand. When evaluating high-value assets, always keep a record of current local tax mandates that could significantly alter your total closing costs.
Further reading
For more on local market shifts, read our Residential coverage.
Source note: This article includes information reported by The Real Deal New York.
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