Owned but never likely occupied by Donald Trump, this sprawling Colonial home offers up everything one might expect from a Beverly Hills home. If there’s anything Donald Trump believes in, it’s that real estate in a good location will always have its value. That might explain why he picked a Colonial style mansion in Beverly Hills with a Rodeo Drive address. Mr Trump bought the home last summer and has put it back on the market for $12 million. The home itself is a 10,442 square foot mansion located close to the Beverly Hills Hotel with 6-bed/6.5 bath, pool and spa, illuminated tennis court, art studio and every banner of bar, breakfast nook and accessory room. The home was built in 1981. The listing shows this property as ‘looking for backup. The $12 million mansion might be worth more when leveled to its bare 31,000 square-foot lot.