With a whopping $250 million price tag, a Bel Air spec home being revealed this week is set to become the most expensive residential property for sale in the U.S.
Luxury developer Bruce Makowsky on Wednesday unveiled the 38,000-square-foot mega-mansion located at 924 Bel Air Road, an ultra-exclusive enclave of the Bel Air neighborhood in Los Angeles.
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The mansion, which took more than four years to build by a 250-person crew, boasts 270-degree unobstructed views that span from snow-covered mountains all the way to the Pacific Ocean and the Los Angeles skyline in-between.
This home, which be listed this week, will knock Aaron Spelling's former L.A. mansion, which has a $200 million price tag, off its perch as the most expensive property for sale in the U.S., according to Realtor.com. Additionally, it’s been reported that a 74,000-square-foot spec property in Bel Air could list for a staggering $500 million, but that is still under construction.
But what do you get for all this cash? To start with, the buyers will have no difficulty housing a large number of guests with two master suites, 10 oversized VIP guest suites and 21 luxury bathrooms, according to a news release.
It’s also built for entertaining, with an additional 17,000 square feet of entertainment decks, three gourmet kitchens, five bars, an 85-foot infinity pool, a 40-seat theater, as well as four-lane bowling alley.
And that’s not all. There’s also an auto gallery with cars valued at more than $30 million, seven-person full-time staff, over 100 curated art installations, a massive assorted candy wall, a wellness spa and a state-of-the-art fitness center. The price of the home includes seven trained staff for the first two years as well as the car collection.
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"This home was curated for the ultimate billionaire who wants the best of everything that exists in life," said Mr. Makowsky. "Until now, the ultra-luxury market was void of homes that even came close to matching the level of mega-yachts and private jets that billionaires spend millions of dollars on every year.
"There are hundreds of new billionaires created each year and they are increasingly setting their sights on this coveted enclave of California for everything the state has to offer," he added.