Monday, 09 December, 2019

Subscribe to Coester News:

Enter your email address:

Delivered by FeedBurner

US ‘Billionaire’ sells for millionaires price tag


Credit: Berlyn Photography

A US mega mansion nicknamed Billionaire has sold for $94 million – a whopping $156 million discount off its original listing price of $250 million.

And in case you are wondering, that’s in US dollars so about $137.5 million in Aussie dollars.

MORE NEWS: Ray White boss lists own home

Broncos boss sells Brisbane home for eye-watering price

The riverfront mansion that set a new Brisbane auction record

The US sale eclipses Australia’s biggest ever residential sale – the $100 million sale of Lady Mary Fairfax’s property at Point Piper in Sydney to Atlassian co-founder Mike Cannon-Brookes.

It also makes Brisbane’s most expensive house – 1 Leopard St at Kangaroo Point – look like spare change. It sold for $18.48 million in 2017 and is back on the market.

RELATED: Take a look inside Brisbane’s most expensive house

But back to Bel Air.

Billionaire at 924 Bel Air Rd, Los Angeles, has sold for US$94 million USA. Source: www.realtor.com

The sprawling private residence, which was developed by handbag designer and real estate developer Bruce Makowsky, is located at 924 Bel Air Road in Los Angeles, and was once the most expensive house ever listed on the market in the US.

Real estate developer Bruce Makowsky

Earlier this year, News Corp Australia and a group of Brisbane real estate agents toured the jaw-dropping property, which comes with its own helipad, 40-seat movie theatre, candy wall, infinity pool, bespoke art installations, and Louis Vuitton-styled bowling alley.

See, we were there!

Located in the exclusive and gated Bel Air residential precinct, its neighbours include Beyonce, actor Salma Hayek, Hyatt Hotel heir Tony Pritzker, and French luxury goods magnate Francois Pinault.

Supplied Editorial Beyonce throws shade at a woman talking to Jay Z

Beyonce throws shade at a woman talking to Jay Z

At the time, Williams & Williams Estates Group agent Rayni Williams said the property at was a rare, dream listing.

“Extreme wealth from every industry settles in Bel Air,” Ms Williams said.

Billionaire has 12 bedrooms and 21 bathrooms spread over four levels and 3500sq m of living space.

Two of those bedrooms are OTT opulent master suites – the only two rooms that we were not permitted to photograph during the tour.

We were told by the listing agents that they were the only spaces they wanted to keep “private” for the new owner.

Regardless of who you are, rich new owner, I have seen inside your boudoir – and I might have poked around in the bedside tables.

Source: www.realtor.com

So what else do you get for that mega price tag? Besides the house, which envokes some serious sensory overload on its own, you also get most of accessories and inclusions used to style the property.

For example, there is a custom Etienne Moyat wall, a Yibai Liao oversized Leica camera sculpture and hand-carved honey onyx stone pieces.

All up, there are over a hundred art installations and a huge collection of key pieces by some of the world’s most exclusive design houses, including a Hermes bag sculpture.

Source: www.realtor.com

The two wine cellars inside the house also require a special mention as they both come fully stocked.

Credit: Berlyn Photography

There is also a helipad conveniently located close to the home office for an easy commute, a

40-seat 4K Dolby Atmos James Bond-themed theatre which we got to experience first hand.

My ears are still ringing!

Credit: Berlyn Photography

Credit: Berlyn Photography

There is a four-lane bowling alley and a games area complete with authentic Teckell ping pong, foosball and pool tables, a massive candy wall, a bar that could rival a nightclub and a collection of rare cars and motorcycles.

Credit: Berlyn Photography

Credit: Berlyn Photography

In terms of technology, Billionaire has one of the world’s most advanced smart home systems, including a crocodile skin-lined elevator, a pop-up outdoor movie theatre and a whole-of-residence control system.

Outside there is a swim-around jacuzzi, a huge infinity pool with a swim-up bar and waterfalls that have been designed to make the most of the 270 degree views.

Source: www.realtor.com

I have since done the numbers.

There were 13 of us on the trip to the US in July so we could have each pitched in about US$7.4 million to buy Billionaire.

But I would have had to work for another 104 years. And live to at least 140 years of age. Yeah, maybe not.

Credit: Berlyn Photography

Source: www.realtor.com

*Samantha Healy is the Courier Mail and Quest real estate editor and was in the US for the Inman Connect conference in Las Vegas earlier this year.