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What do you get for $125,000,000 in the Greater Los Angeles Area?

Posted on Jun 5, 2013 by in Active Rain | 0 comments

What do you get for $125,000,000 in the Greater Los Angeles Area?

 

I have received a number of inquiries from various parts of the country as well as the world asking me. So what do you get for a $125,000,000.00? The answer is not as simple as you would think.  Well for starters, you get the most expensive home in the Greater Los Angeles, CA which happens to be located on North Carolwood Dr in Bel Air CA.

 

The home was built in 2002 on a sprawling land of approximately 182,204 sq ft. Keep in mind one acre consists of 43,560 sq ft. That places this home on 4.18 acres of Prime Land in Bel Air! Upon further investigation we discover that there are two APN (4358-006-048 = 4.163 and 4358-006-034 = .45 acres) for a total of 4.61 acres of land

 

The home has its own name “Fleur de Lys” has been called one of the most beautiful estates in the United States. The home consists of 12 bedrooms, 15 bathrooms and according to various sources about 35,000 sq ft of living space.

ultra luxury homes in Bel Air, CA  Endre Barath,Jr.

 

The property has been on the Market since April 2007 and this magnificent home is now on the second listing agent. The first Realtor had the listing for four years and the second one had it since April of 2011. Interestingly both Listing Agents had the price at the same price $125,000,000.00.

 

The first listing agent had one picture in the Multiple Listing Service and the current agent has six pictures. I find it interesting there are no virtual tours, no floor plans everything is limited on the internet there are about ten or more different pictures.

 

The building has the look and feel of a European Palace, reminiscent of France, Germany or Austria. A few years ago I spoke to the Architect who designed the home and it was an enjoyable discussion as he explained he has been experimenting with smaller versions of this style in Los Angles. (I need to blog about those homes one of these daysJ)

 

 The profile of the owner: she is a divorce from a Texas Billionaire, who is very firm on her list price of her Bel Air Palace. There are many amenities that I know of, but did not mention in this blog.

 

Should you be interested in buying this magnificent home or any other less expensive homes in the Greater Los Angeles area, feel free to reach out to me directly.

 

If you are considering buying or selling a luxury home, or an ultra luxury home, or luxury investment real estate, or luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or emails me at homes@endrebarath.com or visit one of my websites at http://www.endrebarath.comYour Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations.1125 Bev

 

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