Kris Jenner’s $13.5 Million ‘Keep Up With the Kardashians’ House Has Been on the Market for a Year—Is Reality TV Fame to Blame?

When Chris Jenner made the decision to leave his iconic house “Keeping Up With the Kardashians”, he did so with great enthusiasm: the New York Times interview announcing the listing gave way to many other articles about the end of the reality TV era.

But more than a year later, none of that hoopla seems to be moving the needle on local sales. It’s been on the market at the same sky-high listing price—$13.5 million—for 372 days now.

According to Jenner, 70, the six-bedroom, eight-bathroom mansion was sitting empty at the time. When she put the property on the market, the TV matriarch confirmed that she had moved out and purchased another property in the same Hidden Hills area.

Jenner took home all the personal furniture and decor pieces for fans of the hit E! the network show rose to fame and popularity over the years when the area was featured prominently on “Keeping Up With the Kardashians.” Jenner chose to have the home professionally staged before it was listed.

The mother of six had bought the property in 2010, when her life had taken a turn for the worse. Mother in Kim, Kourtney, Khloe, Kendall, Kylie, again Robshe entered the house with her first husband, Caitlyn Jenner. They broke up in 2014.

To say this home has seen a lot in the last 15 years is an understatement. Jenner’s life has changed dramatically—and so have her children. But the glitzy, black and white, old Hollywood-style glamor of the home remains the same.

It still features a double glazed staircase and checkered marble flooring in the main entryway. Large, mirrored walk-in closets remain, as do all six luxe bedrooms, all en suite. Vaulted ceilings remain, as do dark and sleek bathrooms, dressing rooms and a bar.

Because the home has been staged, buyers won’t be able to sit at the kitchen table where the Kardashian family munched on salads, or on the poolside lounges where they used to sunbathe.

But they will be able to buy the home turnkey, with the furniture pictured on the property—and pay an additional $400,000 for the privilege, the listing noted when it first posted.

No listing changes have been made since it went live: The asking price remains the same, the photos haven’t been updated, and the inventory appears to be in place.

It’s possible that Jenner is taking a huge financial hit from this area as it loses market power. Property taxes on a home are estimated to be over $60,000 per year, and there are additional costs for ongoing maintenance and home maintenance.

And if a reality TV icon rents furniture used for a stage, they can pay up to $20,000 a month.

However, Jenner’s lifestyle shows that she can afford the expense.

In 2017, he bought another house in Hidden Hills, across the street from his daughter Kim, for less than $10 million. He sold it three years later, after extensive repairs.

In 2020, it was reported that he paid $20 million for a third Hidden Hills property, next to his daughter. Khloe. Jenner began gut surgery, the results of which she revealed to the world in a 2022 episode of “The Kardashians,” the family’s new series on Hulu, after leaving E!

It’s possible that Jenner didn’t think much of the current home listing, putting it on the back burner. After all, in a 2022 episode of “The Kardashians,” she revealed that she had forgotten about the Beverly Hills condo she owned and was using it to store champagne and wrap Christmas presents.

“Here’s the thing. I have a condo, and my mom has one, and my cousin has one, and we all live next door. I kind of forgot it was there,” Jenner admitted. “That sounds ridiculous, doesn’t it?”

Even if Jenner seems to be able to afford it, it seems strange that the house that was so prominent on the market when it was first listed has been quietly and inconspicuously decaying. The big question is, why?

Oppenheim group president and CEO Jason Oppenheimof “Selling Sunset” and “Selling The OC” fame, he thinks the curious sales record may have a little something to do with “the fact that the Hidden Hills market has softened a bit after the post-COVID explosion.”

He could be right. During the outbreak of the epidemic, celebrities and low-class people were eating up Hidden Hills homes like hotcakes. The property saw intense bidding wars and quick sales as wealthy buyers chased privacy, location, and premium home amenities.

However, post-COVID-19, the urgent need for space, privacy, and home offices has faded, making the home sales profession go from being unusually frothy.

The Hidden Hills market has clearly cooled since the pandemic began. Homes are taking longer to sell, and buyers are becoming more selective. At the same time, high interest rates, changing lifestyle preferences, and a broad reset in the Los Angeles luxury housing market are all contributing to soft demand.

A luxury agent Nathaniel Pichon-Getzelswho runs The Getzels Group, notes that “Jenner’s strategy is clearly not driven by urgency,” which may explain why he has hesitated to lower his asking price.

But Jenner may have to wait a while before a buyer emerges.

Pichon-Getzels says he’s seen a definite trend in properties in the area that spend a lot of time on the market. The most recent reports show that the average number of days on the market has risen to 133, or about 4.5 months. An exclusive or custom home can take a long time to sell.

He points to a Hidden Hills home in the same price range ($12.4 million) that has been on the market for 632 days, despite a gradual reduction from its original asking price of $15.9 million.

Dear Ameeran agent who specializes in luxury homes in California and Florida, notes that, while the home’s signature style certainly makes it memorable for fans of the Kardashians’ TV projects, it may do more harm than good in finding a buyer.

“The home is very much about taste, which may not be helping the area as consumers are attracted to a medium palate that is more flexible than a specialty taste,” he says. “Consumers have many options at this price point and in various parts of the Greater Los Angeles area.”

Ameer also believes that fire insurance issues may be contributing to reduced sales in the area.

While fire insurance premiums have increased nearly everywhere in the state over the past year or so, Hidden Hills is located in a high-risk area for wildfires, with some reports showing 100% of properties are at risk.

When there are a number of homes in the same price range that have a low wildfire risk, the choice becomes obvious to buyers.

For these and many other reasons, it’s a good thing Jenner doesn’t seem to be in a hurry.

“In general, just keeping the property on the list without changing it is not a strategy,” says Ameer. “Typically, a property can be re-listed with some changes or remodeling, perhaps including pricing or listing photos to make it appear more neutral. Even a small change can make a difference.”