Beverly Hills

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A home in France recently broke the record for the highest price ever paid for a house. The sale of Chateau Louis XIV, located outside of Paris, is rumored to have sold for $301M. The previous record holder was a $221M penthouse at the One Hyde Park building in London that was developed by Candy & Candy and Sheikh Hamad bin Jassim bin Jaber Al Thani, the Prime Minister of Qatar. With those record prices in mind, let's take a look at the most expensive homes for sale in Los Angeles and see how the price points compare.

There is, of course, last year's most expensive home for sale in Los Angeles at 9505 Lania Lane that started at $195M and was reduced to $149M. While no longer publicly listed, is still available to a willing buyer.

9505 Lania Lane is among the most expensive homes for sale in LA

 

The new

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The most expensive home sold in Trousdale Estates, Beverly Hills

1181 Hillcrest Road, a Trousdale Estates spec home, was one of the most ambitious spec houses built and listed in the neighborhood, the City of Beverly Hills, and all of Los Angeles. At approximately 22,300 square feet of living space on a 41,608 square foot lot, this home was originally listed for $85,000,000 and sold this past week for $70,000,000 ($3,139/square foot) to Swedish tech billionaire Markus "Notch" Persson, creator of the video game Minecraft. Persson outbid multiple buyers including power couple Sean Carter, aka Jay-Z, and Beyonce Knowles. The $70 million sale sets a Beverly Hills record for the price paid for a singe-family home.

The question is what makes this property worth $70M? The answer is a combination of location, views,

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