(Courtesy of Hilton & Hyland)

The stunning Beverly Hills estate known for being featured in movies such as "The Godfather" and "The Bodyguard" is on the market for a whopping $135 million.

The iconic mansion, also known as the Beverly House Compound, was once owned by newspaper magnate William Randolph Hearst and actress Marion Davies.

The current owner, financier Leonard Ross, talked exclusively to ABC News about his experience with the property that he purchased in 1976 when he was only 31 years old.

"The house was much larger than what I needed," said Ross, who was single and working in real estate at the time of his purchase.

(Courtesy of Hilton & Hyland)

Over the years, the property has been used for Rihanna's birthday bash, a party for Prince Albert of Monaco and for a portion of the honeymoon of President John F. Kennedy and First Lady Jackie Kennedy.

Ross was one of only four owners, including bank executive Milton Getz and real estate mogul Joseph Haddad. Ross purchased the house for $2 million and has owned the house for 38 years.

"We opened up some areas that were covered by hedges or trees. The gazebo area is now more park-like, with magnificent lighting that is original to the property," said Ross.

(Courtesy of Hilton & Hyland)

In regards to the high price, Ross explained he sees the estate as an "investment that could only go up in value."

The property sits on 6 acres of land and has 30 bedrooms and 40 bathrooms, as well as a spa, a terrace, a two-story library with hand-carved paneling, a formal living room with a 22-foot-high hand-painted arched ceiling, and a billiards room with herringbone parquet floors and an intricately designed ceiling and carved fireplace from Hearst Castle in San Simeon, Calif.

(Courtesy of Hilton & Hyland)

Ross said it takes close to two hours to show a person around the estate.

"People really love the two-story library; it's quite incomparable," said Ross. "The backyard is sprawling and beautiful."

As far as Ross' favorite spot in the extensive 50,000-square-foot house, he said it changes all the time.

"You can sit in the library or the billiard room, for instance, look around, and every time you notice something different about it," said Ross. "It's a great feeling."

(Courtesy of Hilton & Hyland)