A $65 million house has been listed in Los Angeles, testing the very top of the city’s market at a time when the ultra-luxury sector is awash in inventory.
The listing, a spec house set on around an acre fronting the sixth hole of the Bel Air country club’s golf course, has 27,000 square feet, with eight bedrooms and 12 bathrooms. Designed by architect Paul McClean and listed with Branden and Rayni Williams, the property was built by Nile Niami, the movie producer-cum-real estate developer best known for his yet-unfinished, $500 million spec mansion in Bel Air.
Niami’s success has come, in part, from developing houses that double as pre-packaged lifestyles. They’re almost always sold fully furnished and will often include art, wine, and a range of luxury cars in the sale.
Read more starting at, ‘This home, which could be for a family, Niami says, “has a’, at…..
As L.A. Home Prices Slump, How Will a $65 Million Mansion Fare?