In a January 13th Los Angeles Magazine article, writer Gwynedd Stuart reported on the building of what will be a spec mansion of 105,000 square feet in the Bel-Air section of Los Angeles that is being referred to as "the One" by its developer Nile Niami. She reveals that its price is rumored to be a stunning $340 million dollars and said that Naimi, a mega mansion developer, had set out almost 10 years ago with a goal "to build the most expensive house in the urban world."
As it stands now, the mansion is on its way to being among the top three largest homes in America, with the first being Oheka Castle in New York at 109,000 square feet, and Delaware's Winterhur, at 96,000 square feet. It was designed by architect Paul McClean, and interior designer Kathryn Rotondi, and the challenge was an impressive one, due to the list of amenities that were finally decided upon. and are itemized just below the view of one of the many distinctive bedrooms.
According to Gwynedd, amenities are to include a 360 degree view of Los Angeles, 26 foot ceilings, 42 bathrooms, 21 bedrooms, a 5,500 square foot master bedroom suite, a 30 car garage with two car-display turntables, and yes, a mote!
There is more- a 400 foot jogging track, a four lane bowling alley, a spa level, a movie theater, and, uniquely, a "philanthropy wing" for charity galas with floating pods overlooking L.A. Moving upwards, there will be a 10,000 square foot sky deck with putting green. For yet more entertaining, there will be five swimming pools, a juice bar, a cigar lounge, hair salon, and a custom tequila bar. Also planned will be a custom-curated artworks gallery by Creative Art Partners.
In considering who might be prepared to purchase this very distinctive home, Stuart said "As GQ explained back in 2015, buyers of "homes" of this magnitude typically live on other continents and visit these properties for only a week or two each year, using them mainly as places to park their wealth' ". For his part, Niami feels that it will be good for Los Angeles to be able to claim that the world's most expensive house is in LA.
To date, the house hasn't been listed, but is to be handled by Brandon and Rayni Williams of the Beverly Hills Estates, and Compass real estate's Aaron Kirman.
Posted by Bruce Wagg on