Market Datavs. 1 year ago
30-year mortgage6.58%▼ -0.16 pts15-year mortgage5.96%▲ +0.09 pts10-year Treasury4.71%▲ +0.31 ptsMortgage spread1.87 pts▼ -0.47 ptsMedian list price$430k▼ -2.5%List $/sqft$228▼ -2.1%Days on market53 +0 daysActive listings1.1M▲ +1.9%New listings463k▲ +2.4%Pending sales506k▲ +4.9%Housing starts1.43M▲ +3.5%Building permits1.37M▼ -1.8%New-home sales628k▼ -5.6%Existing-home sales4.09M▲ +2.8%Months of supply9.3▲ +0.3 moMortgage delinquency1.89%▲ +0.12 pts
as of Jul 2026
Luxury Real Estate

Beverly Hills Mansion Built on Site of 1969 Manson Murders Lists for $45 Million

The Beverly Hills estate built on the site of the 1969 Manson Family murders is back on the market at $44.99 million, the latest turn in owner Jeff Franklin's four-year attempt to sell the 21,000-square-foot property.

Beverly Hills Mansion Built on Site of 1969 Manson Murders Lists for $45 Million

A Beverly Hills mansion built on the site of the 1969 Manson Family murders is back on the market at $44.99 million, according to the property’s public listing. The relisting is the latest turn in a four-year sales saga for owner Jeff Franklin, the television producer behind “Full House,” whose attempts to sell the 21,000-square-foot estate have included multiple price cuts, a market withdrawal and a brief run as a $247,500-a-month rental.

The 3.6-acre property sits at 10066 Cielo Drive, in the hills above Beverly Hills. The address was changed from the original 10050 Cielo Drive after the house on the site was demolished, according to Wikipedia’s history of the property. On Aug. 9, 1969, followers of Charles Manson killed actress Sharon Tate, who was eight months pregnant, along with hairstylist Jay Sebring, coffee heiress Abigail Folger, writer Wojciech Frykowski and Steven Parent, according to Fox News. The original house came down in the mid-1990s. Franklin later bought the land and built the current residence, known as Villa Andalusia, completing it in 2006, according to a Yahoo Entertainment report citing Realtor.com and TMZ.

The new asking price is down nearly 47% from Franklin’s original ask. He first listed the estate in January 2022 for $85 million, according to CNN. The price was cut repeatedly over the following years, reaching $49.95 million by October 2025, according to the Yahoo Entertainment report. After failing to find a buyer, Franklin shifted the property to the rental market in May 2026 at $247,500 a month, according to KTLA and Fox News. The estate returned to the sales market on July 16, 2026, according to its listing on Trulia, which shows the home as active with agent Bennett Bidwell of Resident Group.

The nine-bedroom, 18-bathroom house includes a screening room, a poker room, several bars, a 20-car motor court and resort-style grounds with an infinity pool connected to a lazy river by a 35-foot water slide, six waterfalls, hot tubs and a koi pond, according to Fox News and the Yahoo Entertainment report. Franklin has downplayed the property’s history. Asked about the Manson connection, he called it “irrelevant” and “ancient history” that has had “absolutely no impact” on his life, according to the Yahoo Entertainment report, which cited TMZ.

What it means: The relisting is a data point in an unusual corner of the ultra-luxury market, where a small number of properties carry both a documented history and, for some buyers, a stigma that can complicate a sale regardless of price. It also lands amid broader shifts in high-end housing. RealtyWire has reported that luxury home prices have risen roughly three times faster than the broader market even as individual trophy estates sit unsold for years, and that Miami has overtaken the coasts as the country’s top ultra-luxury market, a shift that has made some Los Angeles-area mega-listings harder to move even after repeated price cuts.

What to watch: whether a price near $45 million, down from $85 million three and a half years ago, is enough to finally produce a buyer, or whether the estate cycles back to the rental market again. The property has now alternated between sale and lease listings within the same year, a pattern increasingly common among Los Angeles-area estates priced above $40 million when sales stall.

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