E.L. James Lists Iconic Los Angeles Mansion for $7.25 Million After $1 Million Price Reduction

Bestselling author E.L. James has relisted her Los Angeles estate for $7.25 million, marking a $1 million reduction from her initial asking price. The property, known for its expansive layout and high-end features, reflects shifting dynamics in the luxury real estate market.

E.L. James, author of the globally acclaimed 'Fifty Shades' trilogy, has placed her Los Angeles residence on the market for $7.25 million. The home, situated in a prestigious neighborhood, features approximately 10,000 square feet of living space across multiple levels, including five bedrooms, seven bathrooms, a private cinema, a home gym, and a resort-style backyard with a swimming pool and outdoor entertainment area. The price reduction of $1 million from the original listing underscores intensified competition in the high-end residential sector. The former asking price was $8.25 million, which had drawn interest but failed to secure a sale amid broader economic headwinds and elevated mortgage rates affecting luxury buyers. The property’s current $7.25 million valuation positions it within the top tier of Los Angeles listings, though it remains below recent comparable sales in the area. Market analysts note that the adjustment aligns with a broader trend of price softening in the ultra-luxury segment, where inventory is rising and buyer demand is more selective. This sale could signal a strategic pivot for James, who has maintained a low public profile since the peak of her literary fame. The proceeds may support future creative projects or long-term investments, though no official statement has been issued.