If This California Mansion Sells For Its $500M Asking Price, It Would Become America’s Most Expensive Home

ByJoseph Gibsonon February 12, 2020inArticles›Celebrity Homes

Real estate developer Nile Niami used to work as a movie producer, producing an array of low-budget genre films in the 90s and early 2000s. But then he switched over to the real estate/ megamansion game, and he’s now putting the finishing touches on a true blockbuster: it’s called The One , and it will soon hit the market with an eye-widening asking price of $500 million.

If it sells at that price, it would be the most expensive home ever sold in America. And as Niami recently explained in a Bloomberg interview, he thinks it’s worth every penny:

“When you have something that’s as rare as the Mona Lisa, you can command whatever you want for it…When the house was started, I had no basis to ask $500 million—now there are so many triple-digit sales in L.A. and the world that the asking price is not unreasonable anymore.”

That price has remained in place since it was first announced way back in 2015, and it reflects a property that’s on the absolute cutting edge of luxury residential real estate. It’s got four swimming pools, a bowling alley, and even a nightclub among its amenities, all built to spec without any specific buyer in mind. That doesn’t seem to worry Niami though:

“I’ve had potential buyers a long time on this…We have a list of very real, verifiable buyers that we will bring in soon.”

Niami also says that The One isn’t just a nickname, that it represents a truly unique project that can never be replicated due to new regulations of megamansions imposed by the city of Los Angeles. And soon it will be fully unveiled to the world, as soon as the finishing touches on the home’s interior décor are complete.

In the meantime, you can check out The One from the outside courtesy of the Billionaire Drone YouTube channel:

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Paris’ Most Expensive Home Listing Is For A $280 Million Mansion Next To The Eiffel Tower

ByJoseph Gibsonon June 6, 2019inArticles›Celebrity Homes

It sounds like a living situation that a small child would come up with: a house in Paris , right next to the Eiffel Tower . But a recent listing from Russian-based Kalinka Realty gives some lucky person the opportunity to make it a reality, provided they have $280 million to spend.

That asking price makes it the most expensive current home listing in all of Paris, and Kalinka International head Tatyana Burlakovskaya recently told Business Insider it’s worth every penny:

“This is an ideal purchase for investment and similar offers — within walking distance from the [Eiffel] Tower and with views of it…Such properties are called trophy [properties]. Possession of them is not so much a question of profit as the opportunity to get a unique asset into your collection — one of a kind.”

Kalinka Realty says that the mansion is currently owned by two elderly sisters who serve as “representatives of a rich French dynasty,” but the interior of the mansion has long remained cloaked in mystery, unknown to members of the public in France or elsewhere. But that hasn’t stopped a surge of interest from prospective buyers from creating a recent rise in the property’s asking price.

If This California Mansion Sells For Its $500M Asking Price, It Would Become America's Most Expensive Home - 1

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Located at Avenue de Suffren and Quai Branly, within walking distance of Paris’s most famous landmark, the six-story mansion counts various other public institutions, like international embassies and museums, among its neighbors.

The owners of the home have a strict policy of not allowing any photos of the inside to be published, so the only way to see the interior is to be a legitimate prospective buyer (or at least be able to fake it). And if it actually sells for its current asking price, it will join the ranks of the most expensive homes ever sold, not just in Paris, but the entire world.

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