Wonder how much it cost to build as he apparently bought land for $2.6M and then had custom built home
$30M seems like excessive ask IMO.. You can get as good if not better homes in some of the North Burbs along lakefront here in Illinois for 1/2 or 1/3 of that price with more acres as well
I know living in Cali comes with absurdly overpriced home costs but I would suspect this will be difficult to unload at that price
Also wonder if he will have some of the same issues as MJ who has been unable to unload his custom built home for years and cut its price from nearly $30M a decade ago to less then $15M now ($14.9M) and he still cant find any interested party at that price as its been delisted/relisted at that price several times now
MJ built away from Lake which is one reason his house hasn't sold (If your going to ask for moon at least be on body of water with view) as well as fact too much of MJ's home is custom to his needs/interests making it difficult to resell
Also the taxes and upkeep on MJ's house play into it as well
In MJ's case IMO a more drastic cut is needed to move it. In past he tried to go auction route with minimum bid of $13M and no one wanted it
I think at this point after nearly decade unable to sell he should drop price to $8-9M and just unload it. At $8-9M he can probably find a buyer IMO