This $250 Million Bel-Air Mansion Could Set a New Record for America’s Most Expensive Home (2024)

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This $250 Million Bel-Air Mansion Could Set a New Record for America’s Most Expensive Home? ›

This $250 Million Bel-Air Mansion Could Set a New Record for America's Most Expensive Home. A 40,000-square-foot Los Angeles estate known as Casa Encantada has twice become the most expensive home sold in the US; first in 1980, and again 20 years later.

Billionaire financier Gary Winnick and his artist, author wife, Karen Winnick are the current owners of the 40,000 square foot, 1930s-built Casa Encantada. The estate has 60 rooms with a dining room, card room, bars and its own professional screening room.

Fashion Nova founder and CEO Richard Saghian bought The One Bel Air, a 105,000-square-foot megamansion in Los Angeles, in 2022 for $126 million. With fees and commission, his total price came out to about $141 million.

If it sells for its asking price, $295 million, it will set a new real estate record in the United States as the most expensive home ever sold in the country. Financier Ken Griffin's purchase of $240 million penthouse on Billionaire's Row in Manhattan currently holds the title.

The main house at Gordon Pointe spans 11,500 sq ft. The most expensive home for sale in the U.S. hit the market this week for $295 million. Gordon Pointe, as it's called, is a roughly 9-acre compound in Naples, Florida, on the Gulf Coast, in an affluent enclave called Port Royal.

The property is owned by the Donahue family. A well-known Naples philanthropist, John "Jack" F. Donahue made his fortune running Pittsburgh-based Federated Investors, which he co-founded in 1955. He died in 2017, and his wife Rhodora died about five years later, in 2022.

The most expensive home sale in the U.S. was set in 2019, when Ken Griffin, founder of hedge fund Citadel, spent some $240 million on a penthouse on New York's Billionaires' Row.

Bill Gates' mega-mansion "Xanadu 2.0," which took seven years to build, tops the list at a staggering $125 million. This house was built with no expense spared; it features imported golden sand from a Caribbean island, famous artwork, a salmon-filled man-made stream, and a trampoline room.

Buckingham Palace – $1.3 Billion

The palace is possessed by the British Royal family and has served as the official London residence of the UK's monarchs since 1837 and now it is also the official headquarters of the Monarch and officially the richest house in the world.

What is the most expensive thing in the world? ›

The most expensive product on Earth is the History Supreme Yacht, which is valued at $4.5 billion. It was designed by Stuart Hughes and took three years to build.

Biltmore House (or Biltmore Mansion), the main residence, is a Châteauesque-style mansion built for George Washington Vanderbilt II between 1889 and 1895 and is the largest privately owned house in the United States, at 178,926 sq ft (16,622.8 m²) of floor space and 135,280 sq ft (12,568 m²) of living area.

It was recently revealed the buyer is fast fashion brand Fashion Nova CEO Richard Saghian, who paid $126 million for the property plus an auction premium of $15 million. As the highest bidder, he got quite the deal, considering the home was listed at auction for $295 million, though without reserve.

The home was previously sold for $4,092 in 2022 as per the New York Post. World's cheapest home in Michigan. With the expenses involved in purchasing a house hitting the roof, a ramshackle house was recently set down for only $1 in the United States, making it "Worlds Cheapest Home" in the heart of Pontiac, Michigan.

Earlier this year, Richard Saghian, owner of the fast-fashion business Fashion Nova, bought the Los Angeles mansion known as “The One” for $141 million.

The buyer of the Bel-Air mega mansion dubbed 'The One' has been revealed to be none other than Fashion Nova CEO Richard Saghian days after the estate sold well below its asking price at auction.