- A Los Angeles mega-mansion once listed for $250 million has finally sold for $94 million — a 62% discount, The Los Angeles Times reported.
- When it first hit the market in January 2017, the Bel Air home was the most expensive listing in the US.
- Almost three years and several price chops later, it’s the third-priciest home to sell in Los Angeles County in 2019.
- The extravagant property includes a helipad, five bars, a bowling alley, a 40-seat movie theater, an 85-foot infinity pool, and a massive candy wall.
- Visit Business Insider’s homepage for more stories.
A Los Angeles megamansion in Los Angeles that was once the most expensive listing in the US has finally sold after three years on the market — at a whopping 62% discount.
Originally listed for $250 million in 2017, the expansive property sold to an unknown buyer for $94 million, as The Los Angeles Times reported.
The Bel Air mansion, nicknamed “Billionaire,” got its first price cut 15 months after it hit the market, in April 2018, when it was relisted for $188 million. The price was cut again in January 2019 to $150 million.
“Billionaire” includes 38,000 square feet of indoor living space and 17,000 square feet of outdoor entertainment decks. It has two master suites, 10 VIP guest suites, and 21 bathrooms.
“The goal with ‘Billionaire’ was simple; every inch of the property in the home had to be innovative, flawless, and meticulously curated,” Makowsky wrote on the property’s website. “The budget was there is no budget.”
Other over-the-top amenities include a non-functional rooftop helipad, an 85-foot infinity pool, a 40-seat movie theater, a massage studio and wellness spa, a bowling alley, and a massive candy wall.
The Bel Air home was listed by Branden Williams and Rayni Williams of Hilton & Hyland and Shawn Elliott of Nest Seekers.
Here’s what it looks like.