A Los Angeles mega-mansion once dubbed the “most expensive home in America” is about to go into receivership after the owner defaulted on more than $165 million in loans and debt. As a result, it will soon be listed for sale at what could be considered a bargain price. Once expected to list for $500 million, the ultra-modern Bel Air estate, known as “The One,” encompasses a stunning 105,000 square feet, stretching over eight acres on a hilltop overlooking Los Angeles. It includes nine bedrooms, multiple kitchens, a nightclub, bowling alley, salon, gym, 50-seat theater, running track and an underground garage for 50 cars. Additional features include multiple pools, a Jacuzzi and a moat that surrounds the house.
Interested? This one is a bit out of the geographic territory of Vanguard Realty Associates. But you can read all about it and watch a video here. If interested, look for the name of the listing agent in the article. Happy house hunting!