How much did the one house in Bel Air sell for?
Nile Niami planned to list the roughly 105,000-square-foot L.A. megamansion for $500 million. Instead, the home was auctioned off for $126 million, leaving a trail of debt in its wake. The Bel-Air home known as The One was once slated to be America's most expensive home, with a planned asking price of $500 million.
Earlier this year, Richard Saghian, owner of the fast-fashion business Fashion Nova, bought the Los Angeles mansion known as “The One” for $141 million. The One was one of the biggest U.S. homes to ever go up for auction.
An over-the-top modern mansion in Bel Air was listed for $87.8 million for an auction this week. But the highest bid came in just under $45.8 million, according to the home's seller, dermatologist-turned-developer Alex Khadavi. “Horrible, Horrible, Horrible!” was how Khadavi characterized the auction results to CNBC.
| Rank | Square footage (Square meterage) | Private owner (birthplace) |
|---|---|---|
| 1 | 120,000 square feet (11,000 m2) | Nile Niami |
| 2 | 55,005 square feet (5,110.1 m2) | Petra Eccleston |
| 3 | 51,000 square feet (4,700 m2) | John Brady (Bosnia and Herzegovina) |
| 4 | 49,300 square feet (4,580 m2) | Anthony Pritzker (United States) |
ServiceNow CEO Bought a $43 Million Laguna Beach House – DIRT.
There's an old saying, “the bigger they are, the harder they fall.” That's certainly true of Nile Niami's gargantuan mega-mansion, “The One,” which has gone into receivership after accumulating millions of dollars in loans and debts.
The $295 million mega-mansion, dubbed "The One," was built by ex-movie producer Nile Niami as the nation's largest and most expensive private residence.
The 21-bedroom, 49-bath hilltop estate — dubbed “The One” — had a list price of $295 million. Developer Nile Niami said in 2015 that he would ask $500 million for the Bel Air property, which also has five swimming pools and a 30-car garage.
History. The previous home occupying the lot was owned by Hollywood star Judy Garland until 1967. The property was acquired by Bruce Makowsky in May 2012, for US$7.9 million. The structure was built in four years by 250 workers.
Who owned 924 Bel Air Road?
Charles Cohen, a Los Angeles businessperson, is listed as the landlord at the mansion's address, 924 Bel Air Road in Los Angeles, in a lease agreement obtained by The Real Deal.
Known as “The One,” the Bel Air megamansion was built by Nile Niami, a Hollywood producer who became a real estate developer. The home, which took a decade to build, occupies four acres on a mountaintop in Bel Air, with views of the Pacific Ocean, downtown Los Angeles, and the San Gabriel Mountains.
Japanese Buy Hotel Bel-Air for $100 Million.
Aerial views of the $500 Million dollar mansion dubbed “The One” in Bel Air, California.
Meet "The One Bel Air" – a Los Angeles megamansion that is believed to be the largest modern home in the United States. According to Architectural Digest, the record-breaking estate has 105,000 square feet of living space, including 42 bathrooms, 21 bedrooms and a 5,500-square-foot master suite.
Marc Andreesen just set a record in California after he paid $177 million for a compound in Malibu, while Coinbase CEO Brian Armstrong paid $133 million for a modern mansion, located near “The One” in Bel Air.
Bill Gates' mega-mansion "Xanadu 2.0," which took seven years to build, tops the list at a staggering $125 million. This house was built with no expense spared; it features imported golden sand from a Caribbean island, famous artwork, a salmon-filled man-made stream, and a trampoline room.
The seven-bedroom, 10-bathroom, prime-Beverly Hills-location home is the brainchild of developer Adnan Sen, who has also become a reality presence in his own right. The house, which is still available and listed on The Oppenheim Group website, has become an internet sensation.
Oppenheim declined to comment on the seller, but records reveal that the home is owned by Tom Bilyeu, co-founder of the food company Quest Nutrition.
The mansion, the biggest in Los Angeles with 21 bedrooms and 49 bathrooms, was sold to Saghian for $126 million — $141 million including fees — during a no reserve auction, according to the Wall Street Journal.
Does a billion dollar house exist?
The Word's Most Expensive House: Mukesh Ambani's $1 billion Property. The 27-floor private tower in the heart of Mumbai has been classified as “the most expensive residence in the world” by Forbes magazine.
The most expensive house in the world and the world's biggest house is Buckingham Palace, owned by the King Charles III, in right of the British Crown with an estimated value of $4.9 billion. Check out our guide to the world's most expensive houses to see other fancy houses and luxury mansions.
#1 Biltmore Estate (Asheville, North Carolina): 175,000 square feet. The Biltmore Estate isn't just the largest privately owned house in the United States — it blows the competition out of the water.
| Rank | Area | Owner |
|---|---|---|
| 1 | 178,926 sq ft (16,622.8 m2) | The Biltmore Company |
| 2 | 109,000 sq ft (10,100 m2) | Gary Melius |
| 3 | 105,000 sq ft (9,800 m2) | Richard Saghian |
| 4 | 100,000 sq ft (9,300 m2) | (demolished in 1980) |
Richard Saghian, owner of the fast-fashion business Fashion Nova, has emerged as the winning bidder of the Los Angeles mansion known as “The One.”
First up is one of the nation's most expensive properties, sporting an asking price of $350 million. The Chartwell Estate, located in Beverly Hills, California, is owned by the late head of Univision, Jerry Perenchi. Built in 1933, the French neoclassical home encompasses 25,000 square feet of land.
The megamansion sold for $141 million. By Branden and Rayni Williams of Williams and Williams. The One — a Bel Air, California, home that was listed at $295 million and marketed as the largest residence in America — has been sold in an auction for $141 million.
- Jennifer Lopez. ...
- Kim Kardashian and Kanye West. ...
- Beyonce and Jay-Z. ...
- Tony Curtis, Marilyn Monroe, Burt Reynolds, and Sonny and Cher. ...
- Meg Ryan, Diane Keaton, Ben Affleck, and David and Victoria Beckham.
L.A.'s most extravagant mansion sells for less than half its list price. After years of construction, a foreclosure and a bankruptcy, the Bel-Air mega-mansion known as 'The One' has been sold. The mega-mansion known as “The One” sold Thursday for $126 million at a bankruptcy auction.
After years of construction, a foreclosure and a bankruptcy, the Bel-Air mega-mansion known as 'The One' has been sold. The mega-mansion known as “The One” sold Thursday for $126 million at a bankruptcy auction.
Is the one Bel Air mansion sold?
A Los Angeles mega-mansion that was the biggest U.S. home to ever go up for auction sold for $141 million, including commissions, when bidding closed Thursday.
It finally has a price tag: $295 million. And while that's a far cry from the rumored $500 million original asking, the 105,000-square-foot Bel-Air giga-mansion known as “the One” is all set to become the most expensive home sold in the US, ever.
When it's right down the road from a $44.5 million house, of course! That's how much billionaire Marc Andreessen and his longtime wife Laura Arrillaga have forked out to buy their second Malibu home, which they'll presumably use as office space or for guest accommodations.
Richard Saghian, owner of the fast-fashion business Fashion Nova, has emerged as the winning bidder of the Los Angeles mansion known as “The One.”
Richard Saghian, owner of fast-fashion juggernaut Fashion Nova, was the winning bidder who spent $141 million to buy “The One” mega-mansion, he confirmed to The Times.
The seven-bedroom, 10-bathroom, prime-Beverly Hills-location home is the brainchild of developer Adnan Sen, who has also become a reality presence in his own right. The house, which is still available and listed on The Oppenheim Group website, has become an internet sensation. “I totally embrace it.
The richest city in California is Los Altos Hills. With a median income of $251,000 at the beginning of 2022, the town just edges out Woodside and Hillsborough. Los Altos Hills has been the wealthiest in California since 2019 (prior, it was in fourth place).