America's onetime most expensive home just sold for $94M

Business Insider

Katie Warren
Oct. 24, 2019

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A Los Angeles mansion once listed for $250 million has finally sold for 62% off after 3 years. Take a look inside what was once America's most expensive home.

Originally listed for $250 million in 2017, the expansive property sold to an unknown buyer for $94 million, Katherine Clarke reported for The Wall Street Journal.

The Bel Air mansion, nicknamed "Billionaire," got its first price cut 15 months after it hit the market, in April 2018, when it was relisted for $188 million. The price was cut again in January 2019 to $150 million.

"Billionaire" includes 38,000 square feet of indoor living space and 17,000 square feet of outdoor entertainment decks. It has two master suites, 10 VIP guest suites, and 21 bathrooms.

"The goal with 'Billionaire' was simple; every inch of the property in the home had to be innovative, flawless, and meticulously curated," Makowsky wrote on the property's website. "The budget was there is no budget."

Other over-the-top amenities include a non-functional rooftop helipad, an 85-foot infinity pool, a 40-seat movie theater, a massage studio and wellness spa, a bowling alley, and a massive candy wall.

The Bel Air home was listed by Branden Williams and Rayni Williams of Hilton & Hyland and Shawn Elliott of Nest Seekers.

When the home was first listed for $250 million back in January 2017, it was the most expensive home for sale in the US. It's nestled in the hills of Bel Air, a "lush private oasis" that's "home to the most affluent people in the world" according to developer Bruce Makowsky.

The house, nicknamed "Billionaire," got several price chops since 2017 before finally selling to an unknown buyer in October 2019. From the master deck, the home has unbeatable views of Los Angeles.

The mansion has 17,000 square feet of outdoor entertainment space, including an 85-foot infinity pool.

Several outdoor lounge areas overlook the city.

The interior is decorated in an eclectic yet glamorous style.

Glass walls throughout the home provide unobstructed views of mountains, ocean, and the Los Angeles skyline.

In addition to its two master suites, 10 VIP guest suites, and 21 bathrooms, the house includes lavish amenities such as a four-lane bowling alley and lounge ...

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and a 40-seat home movie theater.

Downstairs is a car gallery with vehicles worth a combined $30 million.

The home also comes with a massive wall of assorted candy.

The home comes fully furnished and stocked with art. A penthouse office on the upper level has a view of the helipad (not functional) and the purely decorative helicopter. The helicopter is not functional, but it was refinished with a luxury interior.

There are two fully stocked Champagne and wine cellars ...

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and more than 100 curated art installations.

Five bars and several lounge areas are scattered throughout the property.

The house comes with a full-time staff of seven people.

Beyond entertainment spaces, the home has a state-of-the art fitness center ...

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as well as a massage studio and wellness spa.

The listing claims that 924 Bel Air Road has the most advanced home technology system in the country.

Despite its exorbitant sale price of $94 million, the house is only the third most expensive to sell in Los Angeles County this year, after a Malibu mansion sold for $100 million in August and a historic Holmby Hills manor went for $119.75 in July.

Source: Business Insider 



The 8th Wonder of the World | 924 Bel Air Rd. The 8th Wonder of the World | 924 Bel Air Rd.
$150,000,000
Shawn Elliott Shawn Elliott
Managing Director of the Ultra Luxury Division