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Valued at $400 million, Bel-Air mansion features 39 bedrooms, 59 bathrooms, three pools, and could become the most expensive publicly sold residence in the United States
Valued at $400 million, R$ 1.9 billion, the Bel-Air mansion in Los Angeles is the most expensive publicly listed residence in the United States and could set a new national record.
Bel-Air Mansion occupies a 32,000 square meter plot
Known as the “Crown Jewel” of Los Angeles, the property sits on a 32,000 square meter plot, on a cliff overlooking the Bel-Air Country Club, downtown, the Pacific Ocean, and the canyon.
The 360-degree panoramic views enhance the significance of the Bel-Air mansion in the ultra-luxury market. The property also has ties to the Al-Thani royal family of Qatar, according to The Wall Street Journal.
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The property is being co-listed by Jack Harris of Beverly Hills Estates and Michael Fahimian. Harris told Forbes that the current owners have invested over $350 million in the site over a decade.
Investment exceeded $350 million in ten years
The current owner bought the main plot in 2010 for $35 million. Then, he acquired neighboring areas to form a complex cited among the most impressive properties in the country.
Completion occurred in 2018, and the owners spent eight years living in the property. Fahimian states that the property on Chalon Road was not intended for sale, but to be lived in with care.
The owner spent well over $70 million just on land costs. Then, he decided to create a generational property with no defined budget and no strict deadline.
Complex features 39 bedrooms, 59 bathrooms, and three pools
The project was undertaken by architect Peter Marino, with construction by Peter McCoy. The Bel-Air mansion totals 6,500 square meters of living space between the main residence and the guest house.
In total, there are 39 rooms, 59 bathrooms, and three pools. The main residence is about 4,600 m², with 10 bedrooms and 13 staff rooms.
The guest house, with 2,700 m², has six bedrooms, 10 staff rooms, its own gym, and pool. Throughout the property, there is an outdoor dining pavilion, pool cabanas, and security structures.
The design includes custom tiles, hand-stitched leather on the gym walls, and powder rooms with European stone, used in the master bathroom pattern.
450-meter entrance reinforces the scale of the property
The arrival at the property shows the scale of the project. The entrance is 450 meters long, surrounded by hedges and imported plants, designed to isolate the environment from external distractions.
The complex functions as a five-star resort, with a full spa, hot and cold plunge pools, sauna, massage rooms, beauty salon, luxury gym, and pilates studio.
The structure includes an art storage room, secure rooms, and an X-ray machine for private medical consultations. Outside, there is a pool house, tennis court, and tennis pavilion.
Price surpasses recent record listings in the USA
It is not yet known if the Bel-Air mansion will be sold for $400 million. The price surpasses recent listings, such as a $300 million property in Aspen and another for $237 million in Key Biscayne.
Another case was The One, which asked for $500 million before dropping to $295 million. The house linked to developer Nile Niami was eventually sold at auction in 2022 for $141 million.
The buyer was Richard Saghian, CEO of Fashion Nova. The property had been involved in legal proceedings before the significant reduction in the initial price and the auction sale.
With information from Forbes.
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