Amenities include a moat, a 4,000-square-foot guesthouse, a multiplex-size movie theater, multiple pools, a bowling alley and a spa. Owners: William Randolph Hearst's trusteesThe castle, built by the country's first newspaper magnate, is now a . Niami weighed in with his own last-ditch effort last month, releasing a video saying he hoped to turn the home into a crypto investment, selling a new token to investors called "The One Coin" that would be backed by the property. 2023 The property is one of many homes recently purchased by Griffin, who has reportedly spent more than $350 million assembling residential land in Palm Beach, where his hedge fund operation, Citadel, is opening an office. The centerpiece of the transaction. The One, which already has been rented out for filming, is the magnum opus of flamboyant developer Nile Niami. Check your inbox to be the first to know the hottest news. His business has found big success by selling inexpensive trendy apparel on its website, supported by marquee names from the hip hop world and a legion of Instagram influencers. It took seven years and $63 million to build the 66,000-square-foot home owned by Microsoft founder Bill Gates and wife Melinda (above, while still under construction). Buckingham Palace might not be put up for sale anytime soon, but if it were, it would be worth around $4.9 billion dollars, making it the most expensive house in the world. You may occasionally receive promotional content from the Los Angeles Times. Related: Stunning Celebrity Backyards That Will Leave You Inspired. More than 5,000 plants and 500 trees were transplanted to the property, which also features stone aggregate roads leading to a cobblestone drive,extensivelandscape lighting around the entire property, and a water feature sculpture garden. Of course, the price of admission is still three commas, but whos counting? Spread over around 77,000 square meters, Buckingham Palace is also one of the biggest houses in the world. The house also comes with its vineyard. Overlooking the clear blue waters of the Mediterranean Sea, The Odeon Tower Penthouse has its own 360-degree infinity pool, complete with a private water slide for those who fancy a salt-free swim. He won the bid despite falling short of the estate's $295 million list price. The Mountains billion dollar views stretch from, Secured Capital Partners poured millions into developing. You get a luxury house filled with bespoke features tailored exactly to your personality and taste. is quite common. Sweeping in every direction is a panoramic view of Los Angeles and the Pacific Ocean. ft. roof deck includes a golf green with impressive views of downtown. It has an estimated value of $330 million. The 7 Most Expensive Homes In Mumbai, Who Owns Them And How Much They Cost. The houses original owner, Edward Safra, passed away and left it to his wife. If it sells at that amount, the . From Queen Elizabeth and Oprah Winfrey to real estate mogul Jeff Greene and Microsoft founder Bill Gates, see how the one per cent of the one per cent live. This compound may even be paparazzi proof. He said more offers are expected soon from crypto buyers who are "looking at this house as their own space station. Estimated value: $23 million. Value: $2.9 billion (USD)/p> An exaggeration, no doubt, but hardly unexpected for such an unfathomable property (it has to be overpriced, right?). The house is owned by Pierre Cardin, an Italian-born French fashion designer. American-based professional architects designed the house on 48,000 square feet of land in downtown South Mumbai. Antila is another mega-property in India owned by the wealthiest person in the country, Mukesh Ambani (chairman and managing director of Reliance Industries Limited). The house also has panoramic views of downtown Los Angeles, the San Gabriel Mountains, and the Pacific Ocean. Set across 35 acres of land in Saint-Jean-Cap-Ferrat in the South of France, this historic luxury mansion is fit for a kingand was once owned by one, King Leopold II of Belgium. All neighbors are out of binocular rangethe nearest house located a half-click away. Of course, the price of admission is still three commas, but whos counting? In addition to a 12-bedroom main house, the compound also features two beachside cottages, a seven-bedroom guesthouse and a furnished tunnel underneath South Ocean Boulevard for uninterrupted access to the water. Along with a record-setting price, "The One" also comes with a history of drama, lawsuits and debt. The 11,000-square-foot compound was formerly owned by B. Wayne Hughes, Gustavson's late father, who co-founded Public Storage in 1972. Yeah. The property, worth $2 billion, is named after a mythical island in the Atlantic. You can truly create your own kingdom. Thats Michael Jackson talk. Cardi B performs onstage in a 2019 show presented by Fashion Nova. Then, it was renovated both inside and out by its owner, Jeff Greene, who more than doubled the value of the property once hed spent a few years changing it up. Your browser is not supported. Sign up for free newsletters and get more CNBC delivered to your inbox. The house previously belonged to King Leopold II of Belgium. A Division of NBCUniversal. While the original Playboy Mansion was in Chicago, magazine founder Hugh Hefner bought the second Playboy Mansion back in 1971 for a mere $1.1 million. This comes at no extra cost for you and supports our team to create more content. Media scion Lachlan Murdoch reportedly paid $150 million for an estate in Los Angeles' Bel Air neighborhood, making it the most expensive home ever sold in the city. Built on a leveled mountain, it has views of the Pacific Ocean, downtown Los Angeles and the San Gabriel Mountains. It also has a rich history. It has seven water features, including a massive moat that runs around the property. The One, once finished later this year, may be a Xanadu fit for Kubla Khan but if Niami doesnt get a buyer he risks emulating Ozymandias, another figure from antiquity synonymous not with luxury but hubris and ruin. Those include 10 bedrooms, a large and well-equipped spa with a massage area, a gym, both an outdoor and indoor pool, and fireplaces dotted throughout. (It was placed on the National Register of Historic Places in 2012.) The most expensive home for sale in the United States just hit the market for $250 millionand it includes a helicopter, complete car and art collection, and seven full-time staff. Warner Estate, Los Angeles, California - $165 million Warner Estate, Los Angeles, California. Although some in the L.A. real estate community have dismissed the residence as garish, others have seen it as the ultimate trophy home with a list of amenities aimed at the party set. It even has a snow room that spits out snowflakes if Indias high temperatures get a little too much. But just in case he is throwing in a Bugatti Chiron at his Opus. The house I grew up in was as big as some of my bathrooms now. He started out doing makeup for films and graduated to producing B movies, including a 1998 Steven Seagal flick called The Patriot. Theres no mansion here yet, so pack your architect too. A parking space for the property is thought to cost around $330,000. Whoever buys it may soon have a mega-headache, Column: While workers struggled during the pandemic, CEO pay went up, up, up, A $150,000 executive protection dog? Inside the Paul McClean-designed home is a sculpture called Unity on a rotating pedestal. Or maybe order from the chef in the catering kitchen downstairs., Niami is seeking investors for other projects in LA and New York. Saghian, who had already gone inside, was not injured. The Bel-Air property may be the ultimate trophy home or a giant white elephant clad in marble and glass. In the days since the sale, multiple sources told The Times the winning bidder was Saghian. Billionaire Phillip Terry Ragon, founder of technology company InterSystems, purchased three homes on Ocean Boulevard just north of Miami in a single transaction for a reported $92.8 million last June. The Bubble Palace was last owned by the late French fashion designer Pierre Cardin who acquired the historic mansion in 1992 as a luxury holiday home and has been the backdrop for many a fashion and celebrity event. In 2019, Ecclestone sold the mansion to an unknown buyer for $120M. He initially marketed the home for $500 million several years ago but was forced to put it into bankruptcy after Crestlloyd, the homes limited liability company, defaulted on $106 million in construction loans to L.A. billionaire Don Hankey. So, what makes the property expensive? The swimming pool is a hallmark of a luxury home, especially in warm climates, but it is just a staple. You dream about it, and it is actualized. The home was originally designed in the . The construction of this and other so-called giga-mansions underscores a new gilded age in the United States and especially in LA. The buyer will be permitted to build dwellings up to 48 feet tall (12 feet higher than current codes) thanks to a vested grandfather clause. This is the only opportunity to own your own mountain that looks down at all of Los Angeles. Still, any buyer of "The One" will also have to contend with a thicket of financial and legal issues. The Williamses, along with Stuart Vetterick of Hilton & Hyland, represented Saghian in the deal. He declined further comment, and lenders and lawyers have dismissed Niami's plans. That jaw-droppingprice tag is just for the panoramic tract of semi-developed land overlooking Los Angeles. When Hearst was forced to leave the home due to ill health in 1947, it still hadnt been completed. 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. Got a confidential news tip? Being labeled as the most expensive home for $500 million, the new, in-the-making Bel Air mansion is twice the size of the White House. The 36-year-old artist bought the $75 million property in Benedict Canyon from English singer-songwriter Robbie Williams in March, four months before selling his Hidden Hills compound, affectionately known as Yolo Estate, for $12 million. Saghians winning bid came in at $126 million, with the total cost to the buyer rising to $141 million with the 12% auction fee. The largest property with a private golf and ski community in the world, youll find Seven The Pinnacle at Yellowstone Club, surrounded by tall trees. A one-of-a-kind home in Bel Air, California, is claiming the title of the world's largest and America's most expensive residence. The Bel Air mega mansion was originally marketed at $500 million, but was listed for $295 million in auction in January 2022, and sold for $141 million in March 2022. They apparently would disappoint F Scott Fitzgerald, who declared the rich a different breed. Many people do not know it is a collection of houses inside one massive property. Other sources even quote the mansion's value at $500 million. The 105,000 square-foot mansion, located in Bel-Air, Los Angeles, is the largest home in the entire world The home, which took eight years to construct, has just been completed and is now up for. The Los Angeles native is self-made, the son of a single mother schoolteacher. The Bel-Air mega-mansion known as The One finally got its big moment last yearbut not as big as it could have been. The most expensive private residence in Europe, Villa Leopolda sits between two of the most prestigious parts of the world: Monaco and Nice. Designed by William Hablinski, the compound includes the massive main house, in addition to a two-storey guest house, cabana, full-size tennis court, additional sports court and a swimming pool, all on 12.5 acres. Located on Britains most expensive street (aka Londons Billionaires Row), this historic property is owned by Laksmi Mittal, who owns the worlds largest steel manufacturing company and is one of Indias richest men. After years of construction, a foreclosure and a bankruptcy, the Bel-Air mega-mansion known as The One has sold at auction. The four-lane bowling alley on the home's subterranean level. In the end, the home was scaled back and completed by real estate investor and spec home developer Clark Beaty, who sold the property to Beechgreen LLC which then sold it to an undisclosed buyer last June. The luxury villa was designed by Hungarian architect Antti Lovag and features ten suites decorated by different contemporary artists. This copy is for your personal, non-commercial use only. The megamansion was placed into receivership last year. The Seven Pinnacle boasts a private golf and ski community in the world at Yellowstone Club in Montana. As part of a bankruptcy agreement struck last month, it was scheduled to be sold at an auction, beginning Feb. 7. "Its controversial history is no secret," he said. And rap superstar Drake is the sole entertainer on the list after buying a 20-acre estate in Beverly Hills. If it doesn't sell quickly, "The One" heads to auction in February as part of a bankruptcy agreement and will be sold to the highest bidder. Bidders would have to wire $250,000 and show proof of funds to qualify for bidding. In addition to the sale, Perelman has also reportedly listed his Manhattan Upper Eastside townhouse for $115 million while rumors of his other historic Hamptons retreat, the Creeks, being for sale continued to circulate. Known as Nour Palace, this neo-Georgian mansion was bought in the 1990s for five million dollars. But what a small inconvenience compared to what you are gettingthe most exclusive promontory real estate in the USA. As costs soared, Niami's debt on the house grew to more than $180 million. The most expensive home for sale in the US is now a 40,000-square-foot, Georgian-style mansion owned by financier Gary Winnick. British heiress Petra Ecclestone purchased the home from Spellings widow, Candy Spelling, for $85M in 2011. Badass.. 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In part because of "The One" and other megamansions built nearby, local building laws were changed in recent years to prevent other supersized homes from ever being built again which brokers say only adds to the value of "The One.". Live Big in a Secluded Luxury Micro Chalet, 25 Minutes Away From Top Picks from Scott McGillivrays Mobilia Furniture Line. The Four Fairfield Pond, owned by Ira Renner (owner of the Renco Group), is a luxurious property in Sagaponack, New York. This beautiful Mumbai residence was designed around traditional, natural elements, but also has an entire six floors dedicated to parking to accommodate the wealthy Indian familys large fleet of expensive cars. The One cost Saghian far more than his other homes, but his winning bid was less than half the propertys $295-million list price. The world's costliest house is not the tallest building nor the most explored but a rare gem only the architects and owners know the secret behind their unique and costly designs. 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