Community Corner
Bel Air Mansion Is Most Expensive Home In The Nation
Casa Encantada, an 40,000-square-foot home with expansive views of the city and ocean, belonged to the late Conrad Hilton.
BEL AIR, CA — Casa Encantada, which includes 8 acres and a 40,000-square-foot home with expansive views of the city and ocean, has hit the market for the first time in decades. Its $225 million asking price makes it the most expensive home publicly listed in the United States, according to the Los Angeles Times.
But that eye-popping asking price looks like a deal compared to what a neighbor just down the street was asking for in 2017. Just a mile north and two years prior, a 38,000-square-foot home developed by handbag mogul Bruce Makowsky hit the market for a record $250 million. That price was slashed to $150 million before it sold. But maybe Casa Encantada’s storied history will give it a more profitable ending. Casa Encantada, now owned by fiber optic pioneer and philanthropist Gary Winnick, was owned by Conrad Hilton for more than two decades and played host to events attended by U.S. presidents and Hollywood royalty, according to a Business Wire news release.
