Bel Air Megamansion ‘The One’ Is Finally Being Put up for Sale

$295 million asking price for infamous property

By Dolores Quintana

The One, the most famous of all the megamansions and allegedly the biggest and most over the top of them all, has finally been listed for sale at $295 million as reported by Realtor.com. In addition, the home will be part of an online auction starting in February. As quoted by Realtor.com, the listing agent Aaron Kirman of Aaron Kirman group says simply, “It’s one of a kind.” The property will also be represented in the sale by Williams and Willams agents Branden and Rayni Williams at the Beverly Hills Estates. Concierge Auctions will manage the online auction as partners to both of these agents. The bidding will be open worldwide from February 7 through February 10 unless the property is purchased before the bidding opens. It can take a while to sell such a huge property but real estate agent Rayni Williams was quoted by Realtor.com and she said,  “There’s a reason ‘The One’ is setting a new high watermark for global real estate. [It has] more flat land, coupled with the biggest views—more so than any other property previously for sale in Los Angeles.”

The One would come to a buyer completely furnished, even though it still lacks a certificate of occupancy permit and still needs to be inspected by the city for safety and code compliance before anyone can occupy the property. 

Realtor Branden Williams says, “Of California’s many world-class locales, Bel-Air continues to attract some of the world’s biggest stars, because of its reputation for the utmost residential privacy, fantastic weather, and relaxed local lifestyle.” as quoted by Realtor.com

Nile Niami is the developer who bought the property and built the megamansion, but he no longer owns it. Niami defaulted on $165 million in debts and the property is now owned by a third party as part of a receivership. 

Real estate agent Kirman said “It’s the kind of house that could never be built again.” as quoted by Realtor.com.

The megamansion spans 105,000 square feet and is double the space of the White House. It comes with the most luxurious amenities like a 64 foot indoor pool in addition to a 5000 square  master bedroom that comes with its own private pool. The home has a curated art collection, bowling alley, tennis court, and an onsite nightclub. The rooms have 26 foot ceilings and that second level comes with a two story room that can be used as an office or a library. The home has magnificent views of the entire city from its hillside location. 

The lower level has a beauty salon, juice bar, theater, gym and a 10,000 bottle wine cellar. In addition to all that, the property has a three bedroom guest house, six elevators, and a 30 car garage in addition to five outdoor pools in the yard area that is encircled by 30 foot palm trees. 

Kirman says that his office has already been contacted by billionaires who are interested in the megamansion. He says, “It’s a once-in-a-lifetime opportunity to acquire one of the finest residential sites in the world,” he says. “This really is the Mona Lisa of real estate. For those who can afford it, it’s a great opportunity.” by Realtor.com.

in News
Related Posts

Interview With CD-11 Candidate Jim Murez

May 20, 2022

May 20, 2022

By Nick Antonicello The following is an interview with Jim Murez, a candidate for Mike Bonin’s soon-to-be-vacant seat on Los...

DUI Checkpoint Coming to Westside Friday Afternoon and Night

May 20, 2022

May 20, 2022

By Staff Writer A Los Angeles Police Department DUI checkpoint is coming to the Westside this afternoon and tonight The...

CD-11 Profile: The Allison Holdorff-Polhill Interview

May 20, 2022

May 20, 2022

Nick Antonicello speaks to council candidate Allison Holdorff-Polhill on homelessness, city finances and the current and future state of the...

Motional And UberEats Launch Autonomous Deliveries In Santa Monica

May 18, 2022

May 18, 2022

There Are Plans For Expansion Into The Rest Of Los Angeles Motional, a global driverless technology leader, and Uber Technologies...

Winston Pies Opening Third Location In Santa Monica

May 18, 2022

May 18, 2022

The restaurant used to be known as ButterCrust Pies Winston Pies is staying in Santa Monica when opening their third...

Only 10 Vaquita Porpoises Survive, But The Species May Not Be Doomed

May 17, 2022

May 17, 2022

Hope remains for the porpoise species not only survive but thrive with human help. By Stuart Wolpert The vaquita porpoise,...

The American Cinematheque Brings “Bleak Week” To Santa Monica’s Aero Theatre And The Los Feliz Three Theatre

May 17, 2022

May 17, 2022

33 Films From 18 Countries In One Week. By Dolores Quintana Sometimes when things are tough and you’re feeling down,...

The price of gasoline in Los Angeles County Has Experienced The Largest Increase Since February

May 16, 2022

May 16, 2022

Gasoline prices in Orange County Have Also Increased By Dolores Quintana Regular self-serve gasoline in the county of Los Angeles...

American Youth Soccer Now Accepting Registrations For Upcoming Season! Palisades Today – May 16th, 2022

May 16, 2022

May 16, 2022

Local news and culture in under 5 minutes.* Pali High School Photography Teacher Hosts Summer Camp * American Youth Soccer Now...

FIGS Co-CEOs Purchase Luxe Mansions In Brentwood

May 16, 2022

May 16, 2022

Spear and Hasson’s houses are quite close to each other. By Dolores Quintana Catherine “Trina” Spear and Heather Hasson, co-CEOs...

Office Construction Is Starting To Rise In Los Angeles

May 15, 2022

May 15, 2022

Property vacancies are still affecting growth.  By Dolores Quintana In March, the Los Angeles Metropolitan area had 3.2 million square...

Singer Adam Levine and Supermodel Wife Behati Prinsloo Sell Palisades Mansion

May 15, 2022

May 15, 2022

The names of the new owners have not been revealed.  By Dolores Quintana Maroon Five Singer Adam Levine and his...

Garcetti Announces New Water Restrictions for LADWP Customers

May 12, 2022

May 12, 2022

Customers would be required to reduce water irrigation from three times to twice per week By Sam Catanzaro Los Angeles...

Landmark Theater Closing in Former Westside Pavillion

May 12, 2022

May 12, 2022

Theater will close at the end of month By Sam Catanzaro The Landmark Pico theater at the former Westside Pavillion...

Community Policing at the Heart of Beat Four

May 11, 2022

May 11, 2022

The Neighborhood Resource Officer (NRO) Program thrives through community involvement and collective work. Today we hear from Officer Aaron Alpert...