LOCATION: 944 Airole Way, Bel Air, Los Angeles, California
SQUARE FOOTAGE: 105,000
BEDROOMS & BATHROOMS: 21 bedrooms & 49 bathrooms
PRICE: Sold for $126,000,000 ($141,000,000 including commissions) on 03/03/22
This massive modern estate, dubbed “The One”, is located at 944 Airole Way in Bel Air, Los Angeles, California and is situated on nearly 4 acres of land. It was just purchased at auction by Richard Saghian, the Founder & CEO of fast fashion retail company Fashion Nova.
Recently completed, the estate broke ground in 2014 and consists of a main house and guest house. It was designed by renowned McClean Design and built by developer Nile Niami, who originally planned to list the home for a whopping $500 million. It has been reported that Nile’s development company Crestlloyd LLC owes $180 million to multiple lenders and so the estate headed to the auction block. It sold yesterday for $126 million, the highest amount ever spent at a home auction.
It features approximately 105,000 square feet of living space with 21 bedrooms, 49 bathrooms, 40+ seat home theater, 4-lane bowling alley, candy room, cigar lounge, gym, 64′ indoor pool, huge nightclub, 50-car garage and so much more.
Outdoor features include a gated entrance, water features, 10,000 square foot rooftop deck with putting green, multiple terraces, multiple pools & spas, 400′ running track and a tennis court.