All hail this “regal compound” in the Bel-Air neighborhood of Los Angeles, now going for $49.9 million. It’s this week’s most expensive new listing on realtor.com®.
Built in 1927, the sprawling estate spans 36,000 square feet over 1.1 acres, and contains eight bedrooms and a remarkable 20 bathrooms.
More is definitely more at this luxurious spread. The home is truly an entertainer’s dream.
It’s hard to argue the point.
The freshly renovated space opens to a vaulted entry with high windows and a gorgeous staircase. The main floor features a living space with a fireplace that looks out to the grounds that contain an outdoor pool, spa, kitchen, and a dining area. There’s also a high-end eat-in kitchen and a formal dining room.
The large master suite has two sets of French doors, which open to balconies. But it’s the lower level that has our attention. The approximately 20,000-square-foot entertainment area includes an indoor, resort-style pool and spa, with a massage room, sauna, and steam bath. Along with a highly mirrored wine cellar, there are also game rooms, a bowling alley, a home theater, full bar, gym, and sport courts, as well as guest quarters.
The property is owned by St. Pierre Holdings LLC, and property records also indicate that the listing was last on the market in 2007 for $24,995,000. Since then, it’s been available to lease—as long as a tenant was willing to splash out $75,000 a month. The monthly lease price didn’t frighten Hollywood. According to one report in 2010, the property was rented out for the 11 finalists of Season 8 of “American Idol.” Nice digs for a ragtag bunch of reality-TV hopefuls.
And the elite group of buyers who might consider a listing in this stratospheric price range actually have several superdeluxe options to choose from in the area. Along with The Manor, once owned by Hollywood royalty Aaron and Candy Spelling, which is listed for $200 million, there’s the megamansion in Bel Air that was just cut in price to $90 million. Decisions, decisions.
