Whoever buys this estate will become the prince of Bel-Air 😎
— a 40,000-square-foot 1930s-era trophy perched above the Bel-Air Country Club — has twice set the record for highest price of a residential real estate sale in the U.S.
Mark Atalla, managing partner of Irvine-based investment firm Carlyle Capital, believes that in the age of modern mansions, few stand out. The over-the-top mansion, which features a bowling alley and an ornamental helicopter, recently saw its price slashed to $150 million after debuting on the market in 2017 at a nation-high $250 million.— a 100,000-square-foot residence developed by movie producer turned developer Nile Niami. Referred to as a “giga-mansion” because of its size, it is expected to hit the market with an unfathomable price tag of $500 million.
The Spelling manor, for example, holds the current California price record after selling this year. The 56,500-square-foot trophy estate also has the distinction of being the largest single-family home in L.A. County and a size bigger than the White House. Winnick was founder and chairman of Global Crossing, which in the 1990s installed fiber-optic highways across the seafloor to create a global network connecting four continents and 27 countries.
Prior to buying Casa Encantada in 2000, Winnick had a different plan. The former Brentwood resident had purchased a number of nearby parcels with the intention of building his own estate.he visited Casa Encantada and was struck by its magnificence. Murdock and Winnick would later work out a deal for the estate over breakfast at the home.
Peterson Studios and T.H. Robsjohn-Gibbons, the latter being America’s preeminent interior designer in the 1930s and ‘40s, were hired to create custom-made furniture, carpets and fabrics for the home. No expense was deemed too great and, ultimately, no expense was spared — the mansion was completed in 1937, during the twilight of the Great Depression, at a cost of more than $2 million .
It’s because of a pedigree of craftsmanship spanning decades that Casa Encantada is considered irreplicable, Hyland said. Terrace balconies adorned in lace-like wrought ironwork extend from the home’s second story. A lighted tennis court, a basketball court, a pool, a guesthouse, greenhouses, koi ponds, a rose garden and a manager’s quarters are spread throughout the eight-plus-acre property.
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