Scott Disick Lists His Hidden Hills Estate for $20M

Scott Disick has always understood something about real estate that most people learn slowly and painfully: the transformation is the investment. The personality of the deal matters less than the quality of the execution, and a property bought at the right price and rebuilt to the right specification creates its own market. The Hidden Hills estate he and business partner Benny Luciano have listed at $19.995 million is the latest expression of that philosophy, and it is also the clearest demonstration yet of how far Disick's flipping ambition has scaled since the early days of his television career. At TheHouse48, the numbers behind this listing are considerably more interesting than the celebrity name attached to it.

The Acquisition and the Build That Produced the Asset

Disick and Luciano purchased the 1960s ranch-style property in Hidden Hills in 2023 for $5 million in an off-market transaction. The off-market route, which we covered in our earlier series on how the wealthy use pocket listings and off-market deals to buy without competing in the public market, gave them an acquisition price uncomplicated by bidding competition or public scrutiny. They then proceeded to gut and completely rebuild the property, producing what is effectively a brand-new residence behind the original envelope. What now exists on the 1.1-acre guard-gated lot is 11,227 square feet of living space across seven bedrooms and ten bathrooms, designed by Noa Santos of NAINOA in the California organic aesthetic that has dominated luxury residential interiors over the past several years. The result features warm wood and cream tones throughout a generous open floor plan, elevated accent lighting, a professional theatre, a floating staircase, a massage and wellness room, a speakeasy-style bar entry, a detached guesthouse, a detached gym, a barn, pool, spa and the kind of specification that the Hidden Hills buyer demographic specifically seeks.

The Arithmetic Behind the Listing Price

The margin Disick and Luciano are seeking is straightforward to calculate and reflects a specific understanding of what the Hidden Hills spec home market will bear in 2026. A $5 million acquisition plus the cost of a complete high-specification rebuild of an 11,000 plus square foot property represents a total investment that, depending on the quality of finishes and the extent of the structural work, could comfortably run between $10 million and $15 million in the current Los Angeles construction cost environment. A listing at $19.995 million positions the deal to close somewhere between $17 million and $19 million depending on buyer negotiation, which would deliver a meaningful but not extraordinary return on the total invested capital. The listing is not an exercise in celebrity premium pricing. It is a spec development priced against the comparable transaction data for guard-gated Hidden Hills properties at this specification level in 2026. The market is being asked to pay for a new build in a premier location, and the price reflects that rather than reflecting Disick's personal residence history with the property, which is notably zero. He has never lived there.

The Distinction That Matters for the Buyer

The listing notes prominently, and TMZ confirmed with characteristic directness, that Disick has never actually lived in this property. For buyers drawn to celebrity homes as pieces of cultural history or as aspirational residences associated with a particular lifestyle, that distinction eliminates one of the common drivers of celebrity real estate premium pricing. This is not the home where something memorable happened. It is a product, developed by someone with a well-documented track record in real estate renovation, designed by a respected Los Angeles-based interior architect and located in the guard-gated enclave where the Kardashian-Jenner family has established the neighbourhood's most consistent price floor. The buyer is purchasing the specification, the location and the quality of execution rather than the provenance. In that sense it is a purer real estate transaction than many celebrity listings and potentially a more straightforward one.

The Hidden Hills Market That Sets the Context

Hidden Hills is the market context that gives the listing its floor and its ceiling simultaneously. Kylie Jenner's $5.35 million 1895-built Bratenahl mansion set a local record in its village earlier this year, and her Holmby Hills property has been through multiple listing cycles at significantly higher prices. Kris Jenner listed her television-famous Hidden Hills compound, and the neighbourhood's guard-gated character means that every comparable sale is knowable and every listing is evaluated against those comparables by buyers who have already done their research. In this environment, a new build at $19.995 million in the 11,000-plus square foot category with the full amenity programme Disick and Luciano have delivered is a positioned listing rather than a speculative one. Whether the market closes the gap between the listing price and the likely contract price within the current year will depend primarily on how many buyers at this price point in Los Angeles are actively searching and how quickly interest rates and general market conditions develop through the final quarter of 2026.

TheHouse48 believes that the Disick Hidden Hills listing is most useful as a demonstration of how spec development at the luxury end of the market works when it is executed with discipline: an off-market acquisition at below-market pricing, a complete rebuild to current specification and a listing that offers the buyer a genuinely new product in a proven location without the renovation risk they would absorb buying the original structure.