The Largest Luxury Home in Los Angeles Meets the Top 5 in the World

The Largest Luxury Home in Los Angeles Meets the Top 5 in the World

themanor-800x500_cThis luxury residence just became the most expensive home in America

Built in 1991 on five acres of land in the Holmby Hills section of Los Angeles, the house is a staggering 56,500 square feet and has 123 rooms, including seven bedrooms and a service wing. The listing refers to it as the largest residence in Los Angeles.

The mansion has a long pedigree, as it was previously owned by Candy Spelling, the widow of producer Aaron Spelling. Spelling listed the property for $150 million in 2008.

It was eventually sold to Petra Stunt, the daughter of Formula One racing billionaire Bernie Ecclestone, for $85 million in 2011. Stunt tried to offload the property for $150 million in 2014, but a report says she declined a matching figure in 2015.

Original Article can be found here

You may also want to checkout the top 5 most expensive homes in the world here

While most people associate the Playboy Mansion with scantily clad playmates and sex-fueled debauchery, it served as the childhood home for Hugh Hefner’s sons.

Now 23, Hefner’s youngest son, Cooper, recounts his childhood spent in what many consider to be a sort of adult fantasyland. For Cooper, it was quite the opposite: a child’s wonderland fueled by Indiana Jones-inspired adventures in the Grotto, a zoo full of exotic animals, and epic games of hide-and-seek played in the mansion’s private forest of redwood trees.

 

Create a Plan for Maximizing Your Investment

Strong economic indicators along with greater demand are two extremely important factors to look for when deciding to build your luxury home—whether you’re buying it for your personal use or strictly as an investment.

Why?

Because if and when you decide to sell your property, you want to be in a place where there is enough demand to be able to secure a premium price and return on your investment. Right now, Los Angeles is one of the few places in the country where these conditions exist in a strong enough fashion to lend confidence to smart building projects.

In fact, Los Angeles has taken its place in the list of “The Top 10 Booming Markets for Real Estate Development” across the country and comes in at number 9 in Moneywatch’s Top 10 Luxury Real Estate Markets around the world.

By | 2017-01-18T16:26:39+00:00 October 23rd, 2016|los angeles|0 Comments

About the Author:

Arie Abekasis - Founder of the Diditan Group Inspired by years of experience in the fashion industry, Arie Abekasis infuses the elegance and beauty of the Mediterranean into his company's portfolio of homes. The Diditan Group builds stylish homes in a range of sizes, from condominiums to sprawling estates. They design, build and finance fine Tuscan, Modern, Contemporary, Cape Code and Mediterranean-style luxury homes, condos and investment properties with the assistance of the top engineers, architects and craftspeople in the home building field. Offering nearly unlimited customization preferences, Arie Abekasis strives to provide superior craftsmanship, calling upon well-established architects, engineers, and designers to erect homes with all the sophistication, elegance, and functionality demanded by today’s discerning consumer. Along with providing comprehensive luxury living directly inspired by the enchanting ambiance of Italian countryside, creating an innovative internal and external atmosphere of beauty and serenity remains Arie Abekasis’ ultimate goal. Moreover, working harmoniously with Diditan Financial, an organization established in 2007 with a purpose of granting customers potential access to effective financial assistance, Diditan Group makes securing an affordable, hassle-free loan easier than ever. For a preview of residental and commercial properties built by Arie visit: https://plus.google.com/+Arieabekasis/collections.

Leave A Comment