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Minecraft creator lists $70m mansion at 2014 price, with $200k candy room

By · Via Times of India · Published by Everything Blog

In short

Built on roughly an acre by developer Bruce Makowsky, the 22,300-square-foot estate was designed specifically for high-end entertaining with eight bedrooms and 15 bathrooms. Persson originally secured the fully furnished property by outbidding Jay-Z and Beyoncé after its initial $85 million asking price was reduced. The home features lavish accommodations, including an infinity pool, a recording studio, a private nightclub with a DJ booth, and a 2,500-bottle wine cellar. Despite broader Los Angeles home values more than doubling over the past 12 years, unique amenities have not translated into capital appreciation for this estate.

Key points

  • Median Los Angeles home prices have more than doubled since 2014 while this trophy estate…: Median Los Angeles home prices have more than doubled since 2014 while this trophy estate experienced no nominal value growth.
  • Elaborate and customized entertainment amenities do not guarantee appreciation within the…: Elaborate and customized entertainment amenities do not guarantee appreciation within the Southern California ultra-luxury housing segment.
  • Closing the sale at the $70 million asking price would make the transaction the priciest…: Closing the sale at the $70 million asking price would make the transaction the priciest Beverly Hills home sale of 2026.

Sources checked by our analysis pipeline: 1

Markus Persson, the Swedish billionaire behind the global gaming phenomenon Minecraft, has listed his extravagant Beverly Hills mansion for $70 million, asking exactly what he paid for the property in December 2014. The 22,300-square-foot estate features eight bedrooms, 15 bathrooms, a private nightclub and a candy room that reportedly cost $200,000. According to the Los Angeles Times and The Wall Street Journal, the listing comes as Los Angeles’ luxury housing market faces a different climate from the boom years when Persson first purchased the property. The mansion, perched on approximately an acre overlooking Los Angeles, was built by property developer Bruce Makowsky, known for creating lavish homes packed with unusual amenities. Persson acquired it shortly after selling his gaming company, Mojang, to Microsoft for $2.5 billion.

Inside the mansion with a private nightclub

The estate is designed as much for entertainment as for everyday living. Alongside its eight bedrooms and 15 bathrooms, the property includes a recording studio, a private nightclub with a DJ booth and bar, a movie theatre, a swimming pool and an elevator. A 2,500-bottle wine cellar…

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