The LA Times Hot Property column reports that real estate mogul Mohamed Hadid's latest Beverly Hills offering has had a price drop from $16.5 million to $12.9 million.

The 12,000-square-foot spec home located near Beverly Hills, California at 1446 Donhill Drive has a Balinese design with bamboo, exotic Asian woods and other materials imported from around the world.

This is opulence on a grand scale with heavy doors, floor-to-ceiling glass windows, and three separate master suites among the six bedrooms.

There is a Balinese-styled home theater, wine cellar and a gorgeous infinity pool with unobstructed views.

All of the furnishings are included in the price of this lavish spec house. 

Preview short VIDEO tour.