LOS ANGELES, CA — The owners of a custom-built mega mansion in Bel Air are asking $400 million for the property, which if sold at that price would make it the country's most expensive residential sale ever.
Dubbed "the Crown Jewel of Los Angeles" by its listing agents, the home at 11201 Chalon Road was completed around 2018. The estate boasts 70,000 square feet across multiple structures and its perched on an 8-acre hilltop lot offering expansive views of the Pacific Ocean, Bel Air Country Club, downtown Los Angeles and beyond, according to the listing, which is held by Jack Harris and Michael Fahimian of the Beverly Hills Estates.
"Widely regarded as one of the most expensive single family residences ever built in the United States, no expense was spared in the design or construction of this global masterpiece," the listing reads.
The main home — which totals 50,000 square feet — features 10 family bedrooms and 13 staff bedrooms. The 30,000-square-foot guest house includes six guest bedrooms and 10 staff bedrooms. There are 39 bathrooms across the property, as well as three swimming pools.
There's also a hammam — a kind of steam bath — an x-ray room, tennis court and pavilion, salon, theater, safe room, restaurant-style kitchen and art storage space.
The estate “was designed so that you don’t ever have to leave if you don’t want to," Fahimian told the Wall Street Journal.
Building the estate was a complex labor.
The design was led by famed architect Peter Marino, while Peter McCoy steered the construction.
The property is owned by an entity tied to Qatar’s ruling Al-Thani family, which paid $35 million for a 7.8 acre site in 2010. It took about 10 years to complete at a cost of more than $350 million, the Journal reported.
Property taxes total $1.4 million a year. If it sells for $400 million, closing costs would be about $40 million, according to the Journal.
“There’s a handful of people who can afford something like this," Harris told the publication.
Few homes have sold for above $200 million in the U.S. — let alone close to $400 million.
The record is held by the $240 million hedge-fund manager Ken Griffin paid for a New York City apartment in 2019, according to the Journal.
Jay-Z and Beyoncé set California's record in 2023 when they paid $200 million for a Malibu estate perched right above the beach.
A mystery buyer bested that record the following year with the purchase of a $210 million Malibu property from Oakley founder James Jannard.
More LA County news:
Sign up for free local newsletters and alerts for the
Los Angeles, CA Patch
Patch.com is the nationwide leader in hyperlocal news.
Visit Patch.com to find your town today.