‘The One’ In L.A. Could Become The Most Expensive Home Ever Sold In The U.S. At $295 Million

  • 📰 Forbes
  • ⏱ Reading Time:
  • 74 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 53%

United States Headlines News

United States Latest News,United States Headlines

Once valued at $500 million, The One mansion in Bel-Air is being sold for $295 million and will be on the open market until it is auctioned off by Concierge Auctions, an online auction marketplace, from February 28 to March 3.

Aaron Kirman of Compass and Branden and Rayni Williams of The Beverly Hills Estates are partnering with Concierge Auctions to market the home.

“As the real estate community knows, there are a very limited number of $300 million homes and it often takes one to five years to sell ultra high-end mega mansions,” Kirman tells. “An auction is the best way to sell the home in a specific period of time. The team is open to receiving offers prior to the auction, based on price and terms. It is highly probable that the auction will happen in order for buyers to compete to own the world's ultimate estate.

“What we have learned from the pandemic is that a home is one of the most important aspects of life,” Kirman says. “The property provides an extravagant life, where one doesn't need to leave their home.

Outside, there is a large yard with 30-foot-high palm trees, covered patios that blur the lines between indoor and outdoor living and plenty of space for entertaining. Other unique amenities include a putting green, 10,000-bottle wine cellar, tennis court, and even a nightclub. The One also offers 360-degree views of the city skyline, San Gabriel Mountains and the Pacific Ocean.

“These virtual assets have a value based on how much a consumer is willing to pay backed by a specific commodity, typically money, gold, property, etc.,” Kirman says. “Real property is an indefinite necessity with proven market values over time, so buying one of the most unique properties ever built in Los Angeles is an investment that cannot be quantified and will be worth it.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

A Nigerian business mogul will buy this Bel-Air property at the Auction...

thekulube DirkLueth HumZamiri EconomicsGenc metaturk2023

That's a whole lot

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

One dead, one critically hurt after Friday morning Hilltop fireBattalion Chief Steve Martin said a neighbor spotted the blaze and called firefighters around 7:40 a.m. Friday.
Source: DispatchAlerts - 🏆 72. / 68 Read more »

What Is The ‘One’ Piece Of Advice Professionals Give People About To Retire?Ask any four financial professionals this question and you’ll probably get five answers. Here they are. bizrockstar 'Don't spend it all on lottery tickets?'
Source: Forbes - 🏆 394. / 53 Read more »

10 bombshells from night one of Janet Jackson’s revealing documentaryThe first half of the Lifetime doc focuses on the pop star's childhood, growing up alongside the Jackson 5 and of course, her famous brother Michael. I never thought of meeting a legit bitcoin trader after been scammed many times at my age but the heavens sent _Fitton56 guided me and help me make a living through bitcoin with my coinbase app, I recommend you to meet him now and also be a beneficiary of good work JanetJacksonDoc
Source: TODAYshow - 🏆 389. / 55 Read more »

The Best Use Case For Gaming NFTs Is One Publishers Like Ubisoft Won’t DiscussI’ve been writing about video games, television and movies for Forbes for over 10 years, and you may have seen my reviews on Rotten Tomatoes and Metacritic. I cover all manner of console and PC games, but if it’s about looting or shooting, I’m definitely there. If I’m watching something, it’s usually science fiction, horror or superheroic. I’m also a regular on IGN’s Fireteam Chat podcast and have published five sci-fi novels. WTF?
Source: Forbes - 🏆 394. / 53 Read more »

One simple thing to do in your 50s to add 5 years to your nest eggYou’ve been contributing to your 401(k) and maxed out your contributions to your Roth IRA. Here’s one more simple thing to do to successfully invest, save, and plan for your retirement. (Via MarketWatch Picks) THANK YOU SO MUCH DAWN. I RECEIVED MY PROFIT SOME FEW HOURS AGO FROM YOUR PLATFORM IT'S WORTH $5,600.00 USD🇺🇸= 0.15 BITCOIN, I JUST WANT TO SAY THANKS TO YOU FOR YOUR EXCELLENT PLATFORM AND ASSISTANCE 🙏 MichaelWeldon_
Source: MarketWatch - 🏆 3. / 97 Read more »

Apple's stock racks up biggest one-day gain since July 2020Apple Inc's rallied nearly 7% on Friday in its biggest one-day percentage jump in a year and a half after the iPhone maker reported blockbuster results and teased its metaverse ambitions.
Source: Reuters - 🏆 2. / 97 Read more »