Mega Mansions

There are currently 4 blog entries related to this category.

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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Most Expensive Home in US for Sale at 9505 Lania Lane Beverly Hills 90210

At the end of a quarter mile private driveway sits a mansion named Palazzo di Amore. 9505 Lania Lane is sited on a private 25-acre knoll high above the cities of Los Angeles and Beverly Hills. In 2007, billionaire real estate investor Jeff Greene paid $35 million for a shell (aka unfinished structure) constructed by prolific mega-mansion developer Mohamed Hadid. Greene then spent another $25 million to turn the blank-slate project into his dream home. Greene was married in the home (hence the Palace of Love moniker) and has made it available for rent since he no longer lives in California. In 2009, the home was first offered as a rental for the princely sum of $250,000 per month then raised this year to $475,000 a month. Greene has decided to take

24,324 Views, 8 Comments.

Fleur de Lys | 350 N Carolwood Dr | Beverly Crest

How hot is the ultra-high-end real estate market in Los Angeles? Hot enough for a home to break the elusive $100 million barrier for the first time ever in all of Southern California. And the home in question sold after being on-and-off the market (but always available if you knew who to call) since 2007. Not only did the mansion find a buyer or even two buyers; the house sold after a bidding war between three billionaires.

Fleur de Lys is the First Los Angeles Home to Sell for Over $100 Million

The home to break the $100 million barrier in Los Angeles was none other than Fleur de Lys, located at 350 N Carolwood Drive, a mansion known as much for its optimistic price that was never lowered as much as it was known for the extravagent luxuries

37,965 Views, 2 Comments.