Bel Air

America’s Most Expensive Home Sets Record At Auction, New Owner Revealed

Posted on by TMN Editor
By KIMBERLEY HAAS A Bel Air megamansion that was listed on the market for $295 million has been purchased at auction by the CEO of Fashion Nova. Richard Saghian, 40, reportedly beat out four other offers for the 105,000-square-foot home. He confirmed he was the winning bidder to the Los Angeles Times. Saghian said the property, with 21 bedrooms, 42 bathrooms, and 7 half baths can never be duplicated. He owns two other houses in southern California, according to the newspaper. “There is nothing else like it. As a lifelong Angeleno and avid collector of real estate, I recognized this as a rare opportunity that also lets me own a unique property that is destined to be a part of…

“The One” Hits The Market, Bel Air Megamansion Listed For $295 Million

Posted on by TMN Editor
By KIMBERLEY HAAS Jaws are dropping as “The One” hits the market at $295 million. Located on a 3.83-acre lot on Airole Way in the prestigious Bel Air section of Los Angeles, California, the megamansion has 21 bedrooms, 42 bathrooms, and 7 half baths. It is considered to be the most expensive house on the market and is being brokered by The Beverly Hills Estates, which is representing the property with Aaron Kirman of Aaron Kirman Group at Compass. Click the link above to see the listing. You can also see photos on Realtor.com, where the property was posted on Monday. “Paradise beyond compare awaits in ‘The One,’ a masterpiece of an estate that truly redefines luxury. This 105,000-square-foot work…