Saturday, August 27, 2011

Bel-Air mansion becomes the most expensive U.S. real estate sold in 2010


bel air mansion
bel air mansion
A few months back, we introduced you to the 10 most expensive homes from around the world and now, a Bel-Air mansion has made a new record for the most expensive real estate in the United States so far in 2010. The 48,000-square-foot French chateau “Le Belvedere” was sold by developer Mohamed Hadid to an anonymous LLC for something between $50 million and $72 million. Although the exact purchase price hasn’t been made public, the sale has managed to exceed the previous 2010 record of $46.5 million for a Colorado property. The lavish mansion was built in 2006 and features 19 fireplaces, 10 bedrooms, 14 bathrooms and a three-flight elevator. Mohamed Hadid, who listed the property 15 months back at $85 million, said that even he doesn’t know the whereabouts of the buyer. He further said…
I think it did put L.A. back on the map. If you have a good product and quality real estate, you can sell.
There is a Moroccan entertaining room, a Turkish steam bath room, an infinity pool, an industrial kitchen with pizza oven, a grand ballroom, a screening gym, a game room and a 5,000-bottle wine cellar. While the garage of the estate can house 10 to 12 cars, a motor court takes care of outdoor parking.
Last year, DreamWorks co-founder Jeffrey Katzenberg purchased a 6.3-acre estate in Beverly Hills for $35 million. The record for the most expensive property ever sold in California remains with an 8-acre estate in Bel-Air that was sold to Gary Winnick for $95 million back in 2000.

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