Daryl Katz, the Canadian billionaire and owner of the Edmonton Oilers, has been attempting to sell his luxurious mansion known as “The Manor” in Los Angeles. Despite its opulence and prime location, the property has remained unsold for 1.5 years. Originally listed at $160 million, the price has now been reduced to $137.5 million in hopes of attracting a buyer.

“The Manor” is an architectural masterpiece, designed in a French chateau style and spanning approximately 56,500 square feet. Situated on a sprawling 4.6-acre lot in the prestigious Holmby Hills neighborhood, the estate merges classical elegance with modern amenities. Large windows and sliding glass doors illuminate the expansive living areas, offering stunning views of the meticulously manicured gardens. The property includes 14 bedrooms and 27 bathrooms, with the master suite featuring a spacious walk-in closet and a lavish bathroom equipped with a soaking tub.

Entertainment options abound within this luxurious home. Residents can enjoy a private movie theater, a wine cellar, a game room, and a fully equipped gym. There is also an indoor pool and spa, ensuring leisure and relaxation are just steps away. Outside, the estate features an infinity pool, a tennis court, multiple outdoor seating areas, and a guest house, creating a perfect setting for outdoor entertaining or tranquil relaxation.

The expansive lot provides unparalleled privacy and security. Its gated entrance ensures seclusion, making it an ideal retreat for high-profile individuals. The mansion’s significant reduction in price to $137.5 million presents a unique opportunity for potential buyers to own one of the most luxurious and distinctive properties in Los Angeles.

Holmby Hills is renowned for its exclusivity and luxurious lifestyle, home to many celebrities and high-net-worth individuals. The neighborhood offers top-tier amenities, including fine dining, high-end shopping, and cultural attractions. Notable neighbors include Leonardo DiCaprio, Lady Gaga, and Jennifer Aniston.

“The Manor” stands as a symbol of success and refined taste. The recent price reduction makes it an even more attractive opportunity for those seeking to acquire a truly exceptional property in one of Los Angeles’s most prestigious neighborhoods.

Daryl Katz is a notable Canadian billionaire, entrepreneur, and philanthropist, recognized primarily as the owner of the Edmonton Oilers, an NHL team. Born in Edmonton, Alberta, in 1961, Katz is the founder and chairman of the Katz Group of Companies, a major player in the Canadian pharmaceutical industry with extensive interests in sports and real estate. His acquisition of the Rexall pharmacy chain significantly expanded his business footprint. Katz’s influence extends beyond business; he has made substantial contributions to healthcare, education, and the arts through the Katz Family Foundation. His real estate ventures, particularly in Edmonton’s Ice District, have transformed the cityscape, cementing his legacy as a visionary entrepreneur and community benefactor.

Canadian billionaire Daryl Katz

303 thoughts on “Billionaire Daryl Katz Still Asking $137.5 Million for “The Manor” After 1.5 Years on the Market”

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