Tyler Perry's $96.5M Double Listing: Ask Price vs. Sale Price
$57 million is the asking price Tyler Perry set for his Beverly Hills estate at 10 Beverly Ridge Terrace on Sept. 29, after saying he plans to move to Puerto Rico. The listing came after that relocation plan became public. Robb Report People
The house is at 10 Beverly Ridge Terrace, according to The Real Deal. It has nine bedrooms and 15 bathrooms in nearly 25,000 square feet, plus a one-bedroom guesthouse. Santiago Arana of The Agency holds the listing. Perry had owned the property for decades before listing it, according to Realtor.com.
A second home was listed at the same time. Perry also listed a property in Jackson Hole, Wyoming, for $39.5 million. Together, the two listings add up to $96.5 million in asking prices in California and Wyoming.
Perry told reporter Justin Sylvester he is officially moving to Puerto Rico with his son. The Wall Street Journal ran an article titled "Tyler Perry's Beverly Hills Estate Asks $57 Million" on Sept. 28. Elle Decor reported on the Beverly Hills mansion for sale on Oct. 1, 2026. Elle Decor
There is an earlier price point in Georgia. A home built by Perry was listed in Atlanta for $25 million. That was the most expensive home for sale in Georgia at the time, according to Mansion Global. Perry's Atlanta estate sits on 17 acres.
The broader context here is how hard it is to sell very expensive homes quickly. For savers and borrowers, the lesson is the same as in any market: what matters is not the asking price but the final sale price, how long a sale takes, the cost of holding on while you wait, and fees and taxes to close. Listing in two separate high-end markets splits the pool of possible buyers and agents watching each home.
In my view, the key is how prices get set when so few homes sell, like an opening bid at an auction with few bidders. Expensive homes trade rarely, the gap between what sellers ask and buyers offer can be wide, and there are few similar sales to compare against. An asking price is just the starting number. A true value only appears when a sale closes, after subtracting agent fees, transfer taxes, price cuts and holding costs.
Looking at what this means for the finances, a home held for decades has a different starting cost and tax picture than one bought recently, though the published facts do not disclose Perry's cost, loans or tax treatment. The move to Puerto Rico changes his home base, but the California and Wyoming listings are straightforward home sales. Whether they sell will depend on buyer demand at $57 million and $39.5 million, how widely brokers show them, and whether the seller adjusts if buyers do not come.
