Bel-Air mansion breaks real estate records as it’s listed for an eye-watering $225MILLION – making it the most expensive home in American history
- Known as Casa Encantada, the Bel-Air mansion, once owned by Conrad Hilton, is on the market for a record $225 million
- The home, overlooking Bel-Air Country Club, is set in eight acres, with 60 rooms in an H-shape design
- Among the features are a guest house, tennis and basketball courts and a pool
- Financier Gary Winnick bought the home in 2000 for $94 million
- The current record for a residential sale was 220 Central Park South for $238 million
It’s the priciest home ever on the market in the United States. Financier and philanthropist Gary Winnick has listed his mansion in Bel-Air for $225 million.
The sprawling palace, known as Casa Encantada, is 40,000 square feet sits on eight acres above the Bel-Air Country Club.
There is no shortage of space, and the home’s H-shape design give perfect views for all 60 rooms, showcasing a city, ocean or garden vista. Plus, if seclusion is more your thing, the property has no neighbors.
For a record $225 million, the famed Casa Encantada in Bel-Air, California is on the market
Winnick set the record at the time, when he purchased the home for $94million in 2000 from Dole Food Company CEO David Murdock.
Winnick hired a team of 250 workers that took two years to restore Casa Encantada on a museum-quality restoration. Master craftsmen hand plastered floors and ceiling.
Casa Encantada dates back to the 1930s, built at the direction of the widow of a wealthy glass manufacturer who commissioned some of the most prominent designers of the time to work on the estate.
Casa Encantada with its 60 rooms, a pool, tennis and basketball courts has the highest price tag in U.S. history
Nestled on top of the Bel-Air Country Club, Casa Encantada, built in 1938, could set a record for most-expensive home listing.
At $225 million, financier Gary Winnick is seeking the largest amount for a home in U.S. history
By 1950 hotel magnate Conrad Hilton moved into the palatial digs. He paid $225,000, which included the furniture, art and silver. During his thirty years at Casa Encantada, Hilton made almost no changes to the interior or exterior.
Following his death in 1979, it was purchased by Rupert Murdoch for $12.4 million, a U.S. record at the time.
It has all the trappings of an large estate, such as an entry hall with 18-foot ceilings that expands to the luxurious reception hall, dining room and living spaces.
Wood paneled walls and moldings are embellished with delicate clamshell and geometric patterns.
The second story is accentuated with balcony terraces.
There is a pool house with a professional screening room and formal bar, basketball court, lighted tennis court, a full guest house, multiple greenhouses ans Koi ponds, Fortune.com states.
By comparison, the $225 million is the same amount a British retailer paid for Brooks Brothers in 2001.
The current residential property record holder is 220 Central Park South, where hedge funder Ken Griffin $238 million for a penthouse in a deal that closed in January.