Financier Gary Winnick has listed his 40,000-square-foot home, called Casa Encantada, for $225 million, the Los Angeles Times reported. © 2020 Fortune Media IP Limited. For generations, Bel Air has ranked among the most prestigious residential communities in the city of Los Angeles. Former movie producer Nile Niami is building a 100,000-square-foot monster of a home that is expected to hit the market with a price tag around $500 million. It was designed by architect James E. Dolena, and completed in 1937. ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms & Conditions: http://www.djindexes.com/mdsidx/html/tandc/indexestandcs.html.

Makowsky’s 38,000-square-foot mega-mansion in Bel-Air was first listed for $250 million, but it has since been cut to $150 million. All Rights Reserved. A second-quarter report from Douglas Elliman showed that sales continued to slide despite rising prices and expanding inventory. Last week, the sprawling Bel-Air estate known as Casa Encantada officially became the most expensive home for sale in the United States. RR1 is the private membership club that brings the pages of Robb Report to life. Sales for all single-family homes on the west side of Los Angeles are down 16 percent year over year. Powered and implemented by Interactive Data Managed Solutions. Sales of homes that closed for $10 million or more are down by 20 percent, and sales of homes at $20 million or more are down by about 25 percent, according to Zillow. By signing up you acknowledge that you have read and agree to the. Zur Anzeige aktivieren Sie bitte die Einstellungen für Soziale Netzwerke und externe Inhalte in den Privatsphäre-Einstellungen. Hotel magnate Conrad Hilton purchased the home for $225,000 in … If the property achieves the lofty listing price, it will trump the $119.75 million that the former Spelling manor collected earlier this year and, for the third time, be the priciest home in the states. Please fill out this field with valid email address. According to the Los Angeles Times, Casa Encantada—which translates to charmed house in Spanish—has not once but twice set the record for the country’s highest residential real estate sale. BRE #01317962. It was designed by architect James E. Dolena, and completed in 1937. Bel-Air estate Casa Encantada might soon become the most expensive home ever sold in California, reports the Los Angeles Times.
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Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell My Personal Information | Ad Choices  CASA ENCANTADA BEL AIR, CA 90077 PRICE UPON REQUEST . When it’s time to explore outdoors, there’s a lighted tennis court, basketball court, rose garden, greenhouse, koi ponds. Hotel magnate Conrad Hilton purchased the home for $225,000 in 1950 and owned it for almost 30 years. Should the property trade for anywhere near its asking price, it would crush the reigning record sale in California, which was set by the former Spelling Manor in Holmby Hills, which traded for $120 million over the summer. The Casa Encantada at 10644 Bellagio Road in Bel Air, Los Angeles is a large detached neoclassical style house completed in 1938.

Ihre Privatsphäre-Einstellungen verhindern das Laden und Anzeigen aller externen Inhalte (z.B. The mansion was completed in 1937 at a cost of more than $2 million (today, that’s the equivalent of $35 million accounting for inflation). FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Subscribe Today at Huge Savings! All information provided has been obtained from sources believed reliable, but may be subject to errors, omissions, change of price, prior sale, or withdrawal without notice. Located in Bel-Air, the estate (called Casa Encantada or "House of Enchantment") is nearly 40,000 square feet.

Hilton described the home as an “object of symmetry and beauty.” As a 30 year resident, it was from Casa Encantada where he grew the brand into the world’s first global hotel chain. Completed in 1937, this modern Georgian masterpiece is elegantly perched on its own eight plus acre promontory in Bel-Air.
The sweeping driveway guides through lush, green surroundings to lead visitors into the warm embrace of the main residence. History. A massive estate in Bel-Air, which twice set the record for priciest home sale in the United States, is back on the market with what is now the most expensive price tag in the country. Impressum |  Datenschutz | Privatsphäre |  Disclaimer | Nutzungsbedingungen | Werben auf BI. Hilton & Hyland’s Jeff Hyland and Rick Hilton, Conrad Hilton’s grandson, share the listing for Casa Encantada with Shawn Elliot. Casa Encantada, which translates to Haunted House, is located on Bellagio Road and surrounded by the, purchased the home for $225,000 in 1950 and owned it for almost 30 years. With no neighbors and surrounded by the fairways of the Bel-Air Country Club golf course, the compound is expansive, private and secure and is less than ten minutes to Rodeo Drive.

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