Diane Keaton’s former Beverly Hills mansion just took a nearly $5 million trim, with the storied Spanish Colonial back on the market for about $20.5 million. The price chop slices roughly 20 percent off the original ask and puts fresh spotlight on a Roxbury Drive estate long known for its celebrity roster and Keaton’s bookish, design‑forward interiors. Shoppers are being offered a package that includes period details, a guest house and a sports court in the coveted Flats.
According to The Real Deal, the Spanish Colonial at 820 North Roxbury Drive first hit the market in October with a $25 million price tag, which has now been clipped to “just shy of $21 million.” The outlet identifies Rayni and Branden Williams of The Beverly Hills Estates as the listing agents and characterizes the adjustment as close to a 20 percent reduction from the opening number. The timing follows several months on the market, with agents still leaning on the home’s high‑profile pedigree to keep buyers circling.
What’s for sale
The roughly 8,400‑square‑foot main house holds six bedrooms and nine bathrooms, along with a library‑style foyer, period lighting and multiple fireplaces. Realtor.com lists the current ask at $20,500,000 and notes a guest house, pool and spa, sports court, gym and wine cellar on the nearly half‑acre lot. The primary suite opens to two balconies and includes a dressing room and dual baths, a setup aimed at buyers who want plenty of privacy without giving up room to entertain.
Celebrity provenance and sale history
Public records show the home last changed hands in 2021 for about $16.5 million, according to PropertyShark. Earlier coverage traces the ownership chain through Ryan Murphy and Diane Keaton, who reportedly bought the house from Madonna in 2007 and sold it to Murphy around 2010, as documented by The Real Deal. That lineage, along with Keaton’s widely praised renovations, remains a key part of the sales pitch even as the price is reworked.
Where this sits in the market
Price cuts on trophy properties are not exactly rare along Roxbury Drive. Realtor.com’s March luxury report points to a mixed ultra‑luxury landscape in which pricing and days on market swing significantly by neighborhood and sellers keep trimming asks to spark fresh interest. Realtor.com outlines how luxury thresholds shift from metro to metro. Closer to home, recent coverage has flagged other Beverly Hills rollbacks, including a high‑profile cut by Gene Simmons, noted in Hoodline’s report Gene Simmons Slashes Price.
What sellers are betting on
Listing language from The Beverly Hills Estates casts 820 North Roxbury as a “legacy property” that pairs historic architecture with modern amenities, a pitch tailored to buyers who want both pedigree and something move‑in ready. The Beverly Hills Estates is handling the marketing, and agents say the new number is designed to focus attention from serious prospects rather than signal any distress. For would‑be buyers and neighborhood watchers, the cut makes one of Roxbury Drive’s most talked‑about homes at least a bit more reachable, on paper if not in practice.
