Around the world, the stunning price point of $100 million is becoming more common as the world’s real estate market continues to boom. So what exactly does $100 million buy you? You might get tons of land—such as three pristine islands in Panama—or little of it; in Los Angeles, a new megamansion sits on just over an acre.
Ready for a deep dive into the world of nine-figure estates? Here are the $100 million winners.
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The Park Bel Air, an 11-acre development under construction in Bel-Air, will have three homes that range in size from 56,000 sq ft to 61,000 sq ft, with asking prices starting at $115m and rising to $150m. A short distance away, a four-acre home under construction called “The One” will go on sale later this year with a reported asking price of $500m, according to its developer, Nile Niami. Its over-the-top amenities include a 5,000 sq ft master bedroom and five pools.
“Bel-Air has always had a reputation for wealth, but now it’s becoming a bit more global with international buyers shopping here,” says Alexander Ali, chief executive of The Society Group, a Los Angeles marketing agency with a string of high-profile sales under its belt. “These are buyers who traditionally shopped for properties in places like New York and London, but they are now showing up in Bel-Air.”
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It also boasts Beverly Hills' largest indoor pool.
Put this one on the holiday wish list now.
You might have to beg, borrow, and steal to come up with $100 million dollars to afford this 7-bedroom, 11-bathroom Los Angeles mansion (or give up 20 million $5 lattes — trust us, we did the math), but once you do, you might not have to think of much else.
Full article HERE.
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When a potential buyer considers purchasing a new property, their first step, even at the luxury level, is often to look at some listings to see what’s out there.
“Because we know that most buyers start their search online,” said Alexander Ali, the CEO and founder of a Los Angeles-based public relations firm called The Society Group, “a listing’s photos and videos serve as a window into the property’s world until you can get that buyer in to see it.”
For this reason, “they’re very, very important,” he continued.
Full article HERE.
In order to bring some attention to the spec home known as Opus, Hollywood producer-turned-developer Niles Niami and Hilton & Hyland listing agent Drew Fenton have unleashed two videos -- one green band and one red band -- that promote the 20,500-square-foot mansion's sprawling features as a crew of "Goldfinger"-esque girls writhe about in unmitigated ecstasy on the property.
The red band version features a live-action body painting, a stimulating virtual reality experience, an abundance of strategically placed gold pasties, gold fetish wear, a masked wine cellar attendant, gold luxury vehicles, and a lot of slow motion grinding.