Developer Max Nobel, purchased the 2-acre property on Benedict Canyon Drive from Simmons for US$16 million in 2021 according to Mansion Global.
After an extensive renovation that added 3,000 square feet to the residence, Mr Nobel initially listed the property for $48 million in 2023.
The property has undergone several price adjustments since then, including a $5 million reduction in November and the most recent $1 million cut.
The home was briefly taken off the market before being relisted in January at $34 million.
Mr Simmons had owned the property for nearly four decades, having purchased it in 1984 for US$1.35 million before selling it to Nobel.
According to the listing, the renovated mansion now spans 16,390 square feet and features seven bedrooms and eleven bathrooms.
Nobel Architecture and Interior Design transformed the property into what the listing describes as a “modern barnhouse” style.
“Completely reimagined and redone from floor to ceiling in 2023, this NOBEL Design and Architecture Studio gem boasts world-class architecture and luxury and is set behind massive private gates in one of the most exclusive areas in Beverly Hills,” the property listing said.
The renovation included adding a detached garage with space for up to 20 cars using lifts.
The property’s interior now features a double-height entryway with iron-framed windows, an open floor plan, sloped wooden ceilings, and custom elements throughout.
“The grand, double-height entrance showcases the epitome of architectural precision with an expansive living area flooded with natural light illuminating from the custom iron windows,” the listing said.
Luxury finishes include natural Italian marble flooring, custom-made stone oak wood panels, and brass accents.
The kitchen is outfitted with Poliform cabinetry, Gagenau appliances, and dual marble center islands.
The outdoor area has been designed for entertainment, featuring a 60-foot knife-edge pool, an al fresco dining area with a capacity for 30 guests, and multiple seating areas with views of the city.
The property is being jointly marketed by Joshua Altman of Douglas Elliman and Mauricio Umansky of the Agency.
Mr Simmons is a founding member of KISS, the iconic hard-rock.
