Nicky Hilton, the younger sister of Paris Hilton and fellow heiress to the Hilton hotel fortune, just price-chopped her home in the Hollywood Hills by $255,000. Formerly listed for $2,950,000 in July of 2012, Hilton has had a hard time finding a buyer to take the Sunset Strip crib off her hands and just dropped the price to $2,695,000. Property records show that the younger Hilton bought the 2-story residence in June 2007 for $2,800,000. Her new asking price puts her well below the price she paid for the pad, making a loss a likely outcome for this home.
Listing information calls the home an “elegant Traditional located in a prime Sunset Strip location.” From first glance, the unassuming home is actually oddly plain for a Hilton. Like older sister Paris, Nicky had faux-lebrity family friend Faye Resnick decorate parts of the home in her signature style that includes oodles of black, mirrors, and patent leather. Aside from the questionable decor and some cringe-worthy kitchen wallpaper, the Hilton home does have a great floor plan with spacious living room, formal dining room, eat-in kitchen with large island, four ovens, a roomy pantry, and built-in refrigerator. The dramatic master suite includes two huge closets and two bathrooms. All rooms lead to a rather small outdoor area with a pool, waterfall, and fireplace. Additionally, Hilton’s home has a family room/den, gym, and sauna. It’s a nice Los Angeles home, but it’s no penthouse at the Hilton.