Priced at $100 million, a planned Los Angeles spec home will have a wellness center and a master suite larger than many houses, according to listing agent Adam Rosenfeld of Mercer Vine. Construction will begin on the Bel Air house in a few months and is slated to be completed in late 2018, said Mr. Rosenfeld, who is listing the property with colleague Kyle Giese. In the meantime, purchasers have the option of buying the vacant site and plans for $19.995 million, he said. Developer Woodbridge Luxury Homes bought the site in February for $14.55 million, according to public records. Plans call for a main house measuring about 15,000 square feet with six bedrooms, including a roughly 2,700-square-foot master suite, Mr. Rosenfeld said. In the dining room, a staircase will wrap around a glass elevator. Outside, there will be two infinity pools and a 150-foot-long water feature.
On grounds spanning more than an acre, the gated estate will also include a guest house, a staff house and the wellness center, a roughly 2,500-square-foot structure housing a gym, an indoor swimming pool and a spa. The property has views of downtown Los Angeles and the Pacific Ocean, Mr. Rosenfeld said. Woodbridge Luxury Homes is a division of the Woodbridge Group of Companies, which also includes the Sherman Oaks, Calif.-based financial firm Woodbridge Wealth. Woodbridge did not respond to requests for comment. Mr. Rosenfeld said the company has purchased about 50 residential properties in the last several years and is also developing an 18,000-square-foot contemporary home in Beverly Hills, which is expected to list for around $60 million. Down the street, a larger property under construction by developer Nile Niami is slated to hit the market for $500 million when it’s completed. Write to Candace Taylor at Candace.Taylor@wsj.com This article originally appeared on The Wall Street Journal.