Beverly Hills Mansion Mark Wahlberg Built Is Back on the Market for $68 Million
It’s being sold by a Chinese billionaire who’s accumulated a handsome portfolio of lavish real estate in the U.S.
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The Beverly Hills megamansion Mark Wahlberg built is back up for sale asking $68 million.
The 6-acre European villa-style estate in the hills of South Beverly Park— with a five-hole golf course, a waterfall and 20 bathrooms—is being sold by an LLC linked to Shenzhen-based business mogul Xu Hang.
Hang, founder of a medical device company who is featured on Forbes’s list of China’s richest people with an estimated net worth of $8 billion, bought it from Wahlberg for $55 million in 2023, property records show.
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The LLC is controlled by Hang’s wife, Gu Fang, who has snapped up several celebrity- and magnate-owned homes in recent years, including Heather and Terry Dubrow’s Newport Beach chateau and Rihanna’s New York City penthouse, according to reports.
Wahlberg let go of his 90210 address and the massive custom home while relocating to Las Vegas.
Since moving, the 53-year-old “Departed” star has made headway on his plan to create a “Hollywood 2.0” in the desert state. He’s been lobbying, along with Sony Pictures and Howard Hughes Holdings, to get a movie tax bill passed that would allow Sony to build a studio in Summerlin, Nevada.
The listing marks a $13 million price hike over what the buyer paid for the home just two years ago, though Wahlberg at one point had the mansion listed for as much as $87.5 million, Mansion Global previously reported .
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The 30,000-square-foot mansion boasts a double-height foyer and a double staircase, a wood-paneled library, a two-island kitchen, glass gym and a home theater with dome ceiling detailing, according to the listing.
The lower level also has a “sophisticated tasting and smoking lounge,” the listing read.
Tucked in its own valley, according to listing photos, the grounds of the property feature an impressive circular motor court and fountain in the front and a wide lawn in the back. Beyond the lawn there’s a swimming pool and grotto, pickleball courts, basketball courts, a guest house and an abundance of patio space.
The estate was designed by Richard Landry, called the “King of the Megamansion,” who has erected homes for Kourtney Kardashian and Tom Brady.
Listing agent Ginger Glass at Compass didn’t respond immediately to a request for a comment.
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Hospitality entrepreneurs Bruce and Chyka Keebaugh have set a new price benchmark for apartment living in Richmond with their purchase of a Carmine House penthouse.
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Leading Australian development manager Fortis has secured a landmark off-the-plan sale at Richmond Square, with high-profile hospitality entrepreneurs Bruce and Chyka Keebaugh purchasing a 550sqm penthouse residence in Carmine House, establishing a new price benchmark for apartment living in Richmond.
The purchase underscores the continued demand for premium, amenity-rich residences in Melbourne’s inner east.
The transaction marks a significant milestone for the $330 million mixed-use precinct, reinforcing buyer appetite for integrated, lifestyle-led developments.
Richmond Square comprises two residential offerings – Carmine House and Wiltshire House – alongside a 57-room boutique hotel, strata office space and a curated mix of retail and lifestyle operators.
As part of Carmine House, residents have access to hotel-style amenities and services, including concierge, housekeeping, dry cleaning and in-residence food and beverage delivery.
Best known for building The Big Group into one of Australia’s leading luxury hospitality and events businesses, the Keebaughs were drawn to the precinct’s integrated lifestyle offering and its proximity to Melbourne’s hospitality, cultural and sporting precincts, while remaining well connected to the Mornington Peninsula, where they spend much of their time.
As well, Chyka is well known to Australian audiences as one of the original stars of The Real Housewives of Melbourne, appearing across three seasons of the hit reality series.
Alongside her business ventures with Bruce, she has built a public profile as a lifestyle authority, authoring two books on home and entertaining, Chyka Home and Chyka Celebrate.
“We weren’t simply looking for a luxury apartment,: the couple said. “We were looking for a home that delivers an exceptional lifestyle every day. The combination of design, walkability, security and the broader precinct vision for the broader precinct immediately stood out.”
Jordan Winada, Head of Acquisitions (Commercial) Victoria at Fortis, said the result highlights evolving priorities at the top end of the market.
“This sale reinforces that premium buyers are prioritising the complete lifestyle experience,” says Winada.
“They’re increasingly looking beyond the apartment itself and assessing the quality of the surrounding neighbourhood as well.”
Sean Cussell, Director at Christie’s International Real Estate Victoria, who negotiated the transaction, said the result reflects the lack of comparable product at this level of the market.
“There’s simply no direct comparison for this in Richmond. It’s not just an apartment; it’s part of a fully integrated precinct combining residential, hotel, workplace and lifestyle amenity,” Cussell said.
“Buyers are increasingly assessing the broader offering, from amenity and walkability to service and convenience. Projects that deliver a complete lifestyle experience continue to outperform.”
The sale contributes to Fortis’ strong national performance, with the business recording more than $124 million in sales since March, the last three all record-breaking penthouse sales across the country, reflecting sustained momentum across its portfolio and continued appetite for premium, design-driven developments.
This follows Fortis’ recent record-breaking Ruby House penthouse sale in Sydney’s Double Bay, which set a new benchmark for apartment living in the suburb and underscores the strength of demand at the ultra-premium end of the market.
Richmond Square will announce its hospitality and lifestyle operators in the coming weeks as the project progresses towards completion this year.
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