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    Even With Big Price Cut, $67.5M Bel-Air Mansion Is This Week’s Most Expensive New Listing

    realtor.com

    A luxurious Bel-Air megamansion with jaw-dropping views and equally impressive amenities is back on the market for $67.5 million. Even with a 33% price cut, the Los Angeles property is still the most expensive new listing on realtor.com® this week.

    The location is exquisite: The 30,000-square-foot estate overlooks the Bel-Air Country Club golf course. And the megamansion could be the last of its kind in the area, thanks to recently enacted zoning restrictions on oversize homes on relatively small lots.

    After five years of construction, the home was listed at $100 million in 2017. It’s come down in price over the years. At its current price, will a buyer bite?

    Indoor-outdoor flow

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    Formal dining room

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    Kitchen with bar seating

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    Lounge with skylights

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    Bar and seating area

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    Two-lane bowling alley

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    Master bedroom

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    Spa

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    Covered outdoor space

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    Pool and lawn

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    Built by developer Donald Bolin, the property was constructed “like a night club,” he told realtor.com® when it first came on the market.

    Which is to say, it’s a party pad meant for a buyer who lives to entertain. Flooring is porcelain tile, lighting is LED, and there are 25 bathrooms. 

    But these days, what was once a devil-may-care party palace is now a perfect pandemic bubble. And with the range of luxury amenities on offer—especially at a time when many are still sheltering in place—deep-pocketed buyers may give this place another look.

    Set on 1.03 acres,  the 12-bedroom mansion was designed with “every amenity imaginable,” the listing notes.

    The large space offers plenty of room to spread out, including 40,000 square feet of decks. A mini Olympics could be held on the spacious yard. The outdoor space features a tennis court, infinity pool with waterfalls and spa, cabana, two fire features, and a putting green. 

    Inside, there’s a home theater with seating for over 40, a game room and bar, wine cellar, two-lane bowling alley, a professional salon, sport court, and “world-class gym.”

    The living space boasts high ceilings, walls of windows that open to the outside, a formal dining room, and a large, eat-in kitchen.

    At 5,600 square feet, the master bedroom is the size of some homes, and comes with its own spa and theater.

    There’s a commercial elevator, and parking is plentiful with a motor court that holds 60 cars. That’s in addition to a 14-car garage. 

    On the practical side, the layout includes a library and an office, for when you can tear yourself away from all the in-home diversions and perhaps get some work done.

    Ginger Glass with Compass holds the listing.

    The post Even With Big Price Cut, $67.5M Bel-Air Mansion Is This Week’s Most Expensive New Listing appeared first on Real Estate News & Insights | realtor.com®.

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