William Randolph Heart's Los Angeles mega-mansion that's appeared in the iconic movie The Godfather and several of Beyoncé's music videos is poised to sell for almost $50 million after being on-and-off the market since 2007. The longtime current property owner Leonard Ross has accepted an offer of $47 million, but that potential buyer could be outbid at an auction for the property scheduled for September 14.

The 29,000-square-foot Spanish-style home is poised to sell for $47 million, down from the asking price of $195 million. Ross bought the estate for less than $2million more than 40 years ago. At its highest price, the house was listed for a whopping $195 million in 2016.

Opulent! The home is built with extremely high ceilings - a 22-foot ceiling in the living room is hand-painted. 

An Olympic-sized pool is in the backyard and has appeared in Beyoncé's Mood 4 Eva music video.

The property has several fountains surrounded by lush greenery and bright flowers, including one in the driveway.

The pink stucco house was designed in 1926 by Hoover Dam architect Gordon Kaufmann and sits on 3.5 acres of property with eight bedrooms, 15 baths and a four-car garage.

The house, known as Beverly Home or the Hearst Estate, has many living spaces available and can accommodate up to 1,000 guests.

With wide windows and high ceilings, there is plenty of natural light in the legendary LA home.

The property also has a bar, billiards room, an art-deco style nightclub, two projection and screening rooms, grand state public rooms, and entertainment areas.

The 1972 film The Godfather filmed scenes at the Hearst Estate. The house was featured in one of the more famous scenes in which Don Corleone puts a horse's head in the bed of one of his enemies.

A Beyoncé favorite: The Hearst Estate has appeared in multiple Beyoncé videos, including Mood 4 Eva (pictured) and Black Is King.

Former President John F Kennedy and his wife, Jacqueline Kennedy, honeymooned at the house after their wedding in 1953.

The billiards room features a fireplace reminiscent of Hearst Castle, another property - and historical location - owned by previous owner William Randolph Hearst.

The property has a tennis court and a basketball hoop surrounded by trees for guests and occupants.

The current owner Leonard Ross has been trying to sell the property on and off since 2007. He filed for bankruptcy in 2011 and owes almost $70 million in unpaid loans and interest on the house. Property taxes and maintenance might be factors in the dipping price and why the house has been difficult to move. Beachamp Estates, a UK-based brokerage company, estimated only 20 international families could buy and maintain the home, making this the most expensive home in the US.

While Hearst owned the home until his death, he lived with his long-time lover Marion Davies. The house was titled to the Ziegfeld Follies headliner after his death in 1951.