schools nearby. Ten years in the making, The One is the largest and grandest house ever built in the urban world. The average property tax on Airole Way is $247,082/yr and the average house or building was built in 1973. Thats what we suspected, at least initially. The 105,000sf work of art floats above the city of L.A., elevated for maximum panoramic views. Heres how she looks today. Ah, well. All prospective buyers should conduct a careful, independent investigation of the, information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. 900 Airole Way. The now 104,000-square-foot property - almost twice the size of the White House - is slated to have five swimming pools, a casino, a nightclub with a VIP area, a lounge with walls made of jellyfish. Sales slowed and this year he unloaded several homes under their initial asking price. It was at that property where armed robbers in June followed Saghians Rolls Royce home and demanded jewelry and other valuables from his friends. To do that we need to get inside the mind of the former owner. 944 Airole Way, Los Angeles CA, is a Vacant Land home that contains 12743 sq ft and was built in 1981.It contains 10 bedrooms. There are three houses on an itsy-bitsy cul-de-sac in the equestrian-friendly Sullivan Canyon neighborhood that are all owned by suspicious-looking entities of the very same unusual type thatowned and sold the Bel Air complex. 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. A home of this magnitude will never again be built in Los Angeles, cementing The One in a class of its own. Mr. Edlund is a seven-time Oscar-winning visual effects guruwho is known to have a close personal friendship and working relationship with George Lucas. Along the way, the flames completely destroyed Winds Aloft. 900 Airole Way Bel Air 90077. There are also several million dollars in unsecured debt attached to the property to contractors and others, according to the bankruptcy filing. He just wanted to lust after the house. Living Area 10,964 sqft. 944 Airole Way, Bel Air, Los Angeles, California, USA. You see, Ms. Bryan got caught up in a whirlwind romance with a drugstore magnate named Justin Dart. Whenever it sells again, it will be for even more.. And for a long time, we had no clue who it was. For instance, it was relatively simple for Yolanda to uncover the amount of money Mr. Niami spent to acquire the derelict estate. Elegant and timeless with exquisite detailing throughout, this estate is a true masterpiece. Clearly, he was notafraid of a little publicity. 944 Airole Way; resident History for 944 Airole Way, Los Angeles CA. 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. Thats not to say Special Kavoids the limelight entirely, however. 34.0887364,-118.452006 are the GPS. 2023 Dirt.com, LLC. Saarland Informatics Campus E1 3, R.207-209. Are yall keeping track? Court-appointed receiver Ted Lanes shows the propertys floating lounge, which is next to its nightclub. In 1961, tragedy struck the Bryan-Dart household (and many other households). Taking nearly a decade to complete, the 105,000 square foot property is situated on 5 hill-top acres and was designed by renowned architect Paul McClean, whose . Where did that $28 million go? Its also no secret that Mr. Niami plans to ask an utterly ludicrous $500,000,000 for the house upon completion. And he also refused to disclose how much he paid for the privilege of owning this piece of land. The first and largest property acquired was a 5,478-square-foot sprawler, purchased back in August 2006 for $7,950,000. Ugh. But considering its old town, there isn't as that much that Saarbrcken can offer you. At least to us. We needed something! About This Home. Don't neglect these 6 maintenance tasks - or else, Debunked! But it just aint right to let a lovely Neutra to fall into that state of neglect! An additional $400,000 is owed to Branden Williams, an earlier listing agent on the house, according to the filing. . Yolanda is going off the grid this Thanksgiving. They didnt forget their pal Jones, however. Concierge Auctions delays bids on Bel Air mega-mansion 'The One', What is the mega-mansion priced at $295 million. And dont worry, we arent going to try to visit Saint Nick up at the North Pole again. Listed for $295M. Props on the clever titles. Shes virtually un-Googleable, so we had to do some asking around. Have yall ever heard a more pompous and sickeningly self-indulgent name than that? But we do know that he is the guy responsible for Space Invaders, thetitle that many credit with kickstarting the modern video game era. 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 Los Angeles history, he said.. Nor is it the first Niami home placed into bankruptcy. We are fairly certainthat the house had been abandoned for at least a decade and probably much longer before Mr. Niami took possession in late 2012. Recently completed, the estate broke ground in 2014 and consists of a main house and guest house. 944 AIROLE WAY, BEL-AIR, CA 90077. . Saghians fashion brand has parlayed partnerships with prominent rap stars into widespread success. As with all juicy stories, it all started with a case of once upon a time. (2006 est.) But we digress. Purchasing The One would not only expand Saghians real estate portfolio, but could also potentially make sense as a marketing tool for Fashion Nova, serving as a backdrop where its influencers could show off the companys affordable, of-the-moment designs. There are also allegations in court documents that it has construction defects and violates zoning codes, which the local homeowners association has cited in calling the house a brewing scandal.. Here are 22 essential L.A. spots for every tourist, Column: We cant afford another writers strike. This property is not currently available for sale. The plan had the support of Niami, as well as other lenders who committed millions to the project. The average household income in the Airole Way area is $251,632. Based on information from California Regional Multiple Listing Service, Inc. as of April 09, 2023. Before we go, we wanted to give yall something real good and juicy to tide you over until our return. That four-acre promontory, which sports 360 degree views of the city, the mountains, and the Pacific Ocean, was vacant and woefully neglected for years prior to Mr. Niamis purchase. It grossed $2 billion bucks in just four years (equivalent to $7+ billion in todays dollars). It has 21 bedrooms and. We gotta hit the road or well miss, you know, whatever it is were gonna do. It has 21 bedrooms and 42 full bathrooms. This propertys flood risk is not changing. Could This Become One of the Most Expensive Homes in the World? At a separate Superior Court hearing Tuesday called by the receiver, attorneys for Hankey and Yogi did not indicate any deal had been worked out. Something different. Formal and informal living spaces, open onto . Its getting awkward. And indeed,hes owned some of the finest vehiclesever produced. We were stumped, kids. If the sale is approved, the 40-year-old founder and CEO of the Vernon-based apparel company could add The One to his collection of Los Angeles-area mansions. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. More than three dozen prospective buyers toured the 944 Airole Way property over the last couple of months, including billionaires from the Middle East, Asia and California, The One's listing. Under the terms of the auction agreement, Saghian is under legal obligation to close the sale by March 21. Not Hollywood, not L.A., not the country, Davids Bridal files for bankruptcy protection, may close all stores, Vidiots returns: L.A. institution reveals opening date for new movie theater, video store, Stocks drift higher as earnings season kicks into gear, Quiet luxury: No flash, no logos, but big-time style. update to your home value. This 105,000-square-foot work of art appears to float above the very city of Los Angeles itself, elevated for maximum panoramic views and surrounded on three sides with a shimmering moat of water. The One is an exclusive masterpiece that redefines luxury. His privately owned Fashion Nova, founded in 2006, sells inexpensive trendy duds publicized by celebrities such as Cardi B and Lil Nas X, plus an army of Instagram influencers. 360-degree views of the Pacific Ocean, downtown LA, and the San Gabriel Mountains await out every vast window. Name Type Grade Distance; Elementary school; The Archer School For Girls 11725 Sunset Blvd, Los Angeles, CA 90049 (310) 873-7000: Private: 6-12: 2.35: 944 Airole Way in Bel-Air (Concierge Auctions) If the sale is approved, the 40-year-old founder and CEO of the Vernon-based apparel company could add The One to his collection of Los Angeles-area. 944 Airole Way. $21,500,000 | 5 BD | 7 BA | 10000 SQFT. Bathrooms 8. The One is an exclusive masterpiece that redefines luxury. Property records show that Special Kand/or Mr. Edlund (and/or trusts associated with one or both of them) sold the huge Bel Air spread to Nile Niami and own a run-down Santa Monica compound and a vacant-looking Neutra in Little Holmby. Person. Last Sold in 2012. Okay, so it could be worse. 944 Airole Way, Los Angeles, CA. . The property includes a 4,000-square-foot guesthouse, a sky deck with cabanas, a private theater, a full-service spa, a nightclub and even an outdoor running track and moat. At least three dozen prospective buyers toured the 944 Airole Way property over the last couple of months, including billionaires from the Middle East, Asia and in California, The One's listing . Inside America's Most Expensive Home: A 100,000 Sq. Hankey told The Times that he expects that the auction price should be enough for him to recover cash he put into the project, though his claims also include penalties and fees. Wednesdays postponement marked the third time the trustees sale was put off. Niami himself says he is owed $44.4 million. When one member of a mystery writing team wants to break from his less talented partner, he becomes the victim in a real-life murder mystery. At one time as yall can see the house was irrefutablylavish. But of course, that begets yet more questions. And right up the street from one of our favorite LA haunts the Brentwood Country Mart! Deep Throat, the couple live in a huge compound there. Its an incredible deal, said Branden Williams, who listed the home with his partner, Rayni Williams, and Aaron Kirman of Compass. Its called The One. The winning bidder for the 21-bedroom estate at 944 Airole Way has not been identified, but the sale price is believed to be the highest-ever auction price paid for a home. Homes of the Rich is the #1 luxury real estate blog on the web. Well, nothing comes neat. Richard Saghian and rapper Meek Mill attend Fanatic Super Bowl Party last month in Culver City. We learned our lesson last year. At some point, however, it appears they decamped fromthe home. The biggest new claim is from Niami himself, who says he is owed $44.4 million. The trustees sale was postponed until Nov. 29. Los Angeles. This 105,000-square-foot work of art appears to float above the very city of Los Angeles itself . The 105,000 sf home top in LA history for size, priciest in nation for residential auction, Richard Saghian and The One at 944 Airole Way in Bel-Air (Getty, Concierge Auctions). We found 6 addresses and 8 properties on Airole Way in Los Angeles, CA. About This Home 944 Airole Way is a house on a 3.83 acre lot. Last Sold for $28,000,000. Web. CalDRE # 02126121, How The One Was Won: The Saga Behind What Could Have Been Americas Priciest Home, The sale of L.A.s biggest mansion to Fashion Nova owner is approved, Huge LA estate nicknamed 'The One' set to break record as most expensive US home ever sold, Check Out These Mansions That Put Any Art Gallery to Shame. Representative Onsite Daily. Website. They werent kiddin when theysaid folksdont make em like they used to. Price: $295,000,000 Why it's here: Known as "The One," this enormous mansion recently went up for auction. 944 Airole Way; 944 Airole Way. Heres Peter Falk inspecting the property. 901 Airole Way is a 10,186 square foot house on a 3.27 acre lot with 7 bedrooms and 11 bathrooms. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Tishman Speyer eyes luxury hotel at Rockefeller Center, Watch: Developer Patrick Carroll "spits" on restaurant manager, Jacob Garlick wants back in on Flatiron Building, This week in celeb real estate: Barry Bonds former pad listed, fashion executive buys Aviciis old home and more, Niamis The One goes for $126M at auction, Extras at latest Bel-Air spec manse: nightclub wrapped by designer cars. Noting how few participants there were, several L.A. real estate observers have speculated that The One could have gone for more had its auction not occurred amid Russias invasion of Ukraine, creating international tension and economic uncertainty, especially for prospective overseas buyers. The winning bid falls short $190 million in outstanding debt. 944 Airole Way, Los angeles, CA 90077 is a 21 bedroom, 49 bathroom, 105,000 sqft single-family home built in 2019. See inside this 105,000-square-foot Los Angeles megamansion that could go up for auction for $250 mi The One heads for February auction. The Williamses, along with Stuart Vetterick of Hilton & Hyland, represented Saghian in the deal. Despite being under construction for years, it is not complete and it lacks a certificate of occupancy as well as crucial permits for grading, electrical and other work. 944 Airole Way, Los Angeles CA, is a Single Family home that contains 120000 sq ft and was built in 2020.It contains 20 bedrooms and 30 bathrooms.This home last sold for $28,000,280 in December 2012. Laurence Darmiento covers wealth and dealmakers in Southern California for the Los Angeles Times. Nope. The One Bel-Air is a once-in-a-lifetime property that can never be duplicated. Ostensibly hes searching for a body or some such nonsense, but Yolanda knows why hes really up there at Airole. Following their 93 wedding, Special Ksname was added to the deed. This home is currently off market - it last sold on March 30, 2022 for $126,000,000. Show All Results . They lent their friend a van. Bedrooms 7. Property Details. And then, after years of searching, we stumbled across something we shouldve noticed long ago. In addition to her Santa Monica bungalows and Brentwood compound, a deep dive through property records reveals that Special Kcontinues to own several other pieces ofreal estate. Perhaps the most successful (or notorious?) ft. residence in Bel Air, California. Find out owner contacts, building history, price, neighborhood | Homemetry He said the plan will be laid out in detail in the coming weeks in Bankruptcy Court, where Hankey could seek to have the process halted. See? We swear. No petulant grandchildren begging for cash, No more pervy neighbors trying catch us with our bloomers down (dont ask). In 1984, only about six years after the launch of Space Invaders, he unexpectedly died of a heart attack. WARNING: If youre an architecture porn lover, yall may want to skip this next photo or at least down a cocktail (or two) before viewing. 21 BD | 42 BA | 7 HALF BATH | Approx 105,000 SQFT | Approx 3.80 ACRE LOT. The 105,000sf work of art floats above the city of L.A., elevated for maximum panoramic views. An auction of The One, an extravagant Bel-Air mega-mansion, was postponed Wednesday after the developer of the property filed for bankruptcy protection. But come on now, Mr. Niami. Someone out there some shadowy, sinister individual let one of Bel Airs most lavish spreads fall into utter ruin. It also was well under the California record set by venture capitalist Marc Andreessen, who purchased a Malibu estate for $177 million in October, which some speculated it might break. It very clearly shows that the current owner at that time was none other than the now-deceased billionaireAlfred E. Mann. Saghian, who had already gone inside, was not injured. Source Property Type: Single Family Residence, Source Neighborhood: Bel Air - Holmby Hills, Property Subtype: Single Family Residence. The brokers previously represented him in the Malibu purchase, as well. Its an incredible deal, said Branden Williams, who listed the home with his partner, Rayni Williams, and Aaron Kirman of Compass. The exactsame anonymous numerical bank trust that owned and sold the Bel Air estate also owns a tiny bungalow in an not-glamorous area of Santa Monica. SB. The One, which already has been rented out for filming, is the magnum opus of flamboyant developer Nile Niami. Now then. In making her determination, the judge will consider whether she believes the winning bidder has the financial wherewithal to close the sale, its effect on creditors and other issues. Well, almost. Take a look, rayni(at)thebeverlyhillsestates(dotted)com, info(at)thebeverlyhillsestates(dotted)com. Tough. Darmiento previously had been the managing editor of the Los Angeles Business Journal and was a reporter for the Los Angeles Daily News and other outlets. LOCATION: 944 Airole Way, Bel Air, Los Angeles, California, BEDROOMS & BATHROOMS: 21 bedrooms & 49 bathrooms, PRICE:Sold for $126,000,000 ($141,000,000 including commissions) on 03/03/22. Most likely, anyway. The mansion at 944 Airole Way features ultra-luxury amenities such as multiple pools; a spa; a beauty salon with washing, cutting and pedicure stations; cigar and candy rooms; a four-lane bowling alley; a rooftop putting green; and a multiplex-size movie theater. The One In Los Angeles Could Become The Most Expensive Home Ever Sold In The U.S. At $295 Mill The One In L.A. Could Become The Most Expensive Home Ever Sold In The U.S. At $295 Million, Take a Peek at 25 of the Most Expensive Houses in the World, La folle histoire de The One, la villa la plus chre du monde, Most expensive home in US going on auction block, LA mansion headed to auction block is Americas most expensive home, Comparing Washingtons Most Expensive Home to Californias Beautiful $300 Million MEGA-Mansion. Big and glassy with a tennis court, guest house, and a huge pool. But were not sure who built it. Then things went sideways. FYI, A. Quincy Jones built a house on a different Airole Way property that is currently owned by residual-rich actress Jennifer Aniston. He also owns a home in the so-called Bird Streets of the Hollywood Hills that he bought for $17.5 million in 2018. The heart of Saarland is an area of thickly forested . We broke a hip, lit up a Marlboro, and set out on our porch. At least three dozen prospective buyers toured the 944 Airole Way property over the last couple of months, including billionaires from the Middle East, Asia and in California, The One's listing agents have said. Source: For all you math-challenged readers, that means entitiesallegedly associated with Special Kand/or Mr. Edlund laid out a whopping total of $15,142,500 for the complete 2.23-acre compound. The average price for real estate on Airole Way is $20,532,840. 944 Airole Way, Los Angeles, CA 90077 Est. 944 AIROLE Way MLS# 22116223 Date Listed 01/10/2022 Days On Market - Bedrooms 21 Bathrooms 42 Full baths, 7 Half baths Lot Size 166,826 SQFT County Los Angeles Year Built 2019 Square Feet 105,000 sq. The Great Bel Air Fire seared its way into history. The Andreesen deal also had a tie to the garment trade in Los Angeles, with fashion executives Florence and Serge Azriabrother of the late BCBG founder Max Azriathe sellers. The property, at 944 Airole Way in Los Angeles, is slated for auction from Feb. 7-10 via Concierge Auctions and represented by Aaron Kirman of Compass and Branden and Rayni Williams of The . Vesta. It sure seems weird. And we also dont know who the architect was. If Crestlloyd makes interest payments on Hankeys debt which it may or may not be required to do that also would be a factor in the judges decision, he said. Too bad you still have to pay for it, L.A.s most extravagant mansion sells for less than half its list price, inexpensive trendy apparel on its website, The fight over The One L.A.s biggest and most extravagant mansion, purchased a Malibu estate for $177 million, The One mega-mansion is up for auction. https://www.youtube.com/watch?v=t5b8U_A25A8, Get our latest stories in the feed of your favorite networks. In 2018, he paid $17.5 million for a 7,000 square-foot home in the Bird Streets area in the Hollywood Hills designed by Irish architect Paul McClean, who also drew up The One. Every imaginable amenity creates incomparable comfort and appeal: a massive nightclub, full-service salon and spa, 10,000-square-foot sky deck, 400-foot private outdoor running track with a glass-walled view of the city, and private theater seating over 40 barely skim the list. It was originally valued at $500 million but is now facing a court-ordered sale to recoup the money owed to lenders. In 1961, tragedy struck the Bryan-Dart household ( and many other )!, purchased back in August 2006 for $ 17.5 million in 2018 wedding, Special was. They werent kiddin when theysaid folksdont make em like they used to our return Hyland represented... Our latest stories in the urban world was built in the Airole Way area is $.! 21,500,000 | 5 BD | 42 BA | 7 BA | 7 BA | SQFT... 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And guest house, and the average household income in the urban world look, rayni ( at ) (. 247,082/Yr and the San Gabriel Mountains await out every vast window opus of flamboyant developer Nile Niami appears float... Propertys floating lounge, which is next to its nightclub such nonsense, but Yolanda why! We need to get inside the mind of the finest vehiclesever produced Most Expensive home: a 100,000 Sq Airole. Sprawler, purchased back in August 2006 for $ 7,950,000 to get inside the mind of the auction agreement Saghian! A house on a different Airole Way, Los Angeles, CA guruwho is known to have a close friendship. Sinister individual let One of our favorite LA haunts the Brentwood Country Mart himself, who had already inside. Into bankruptcy bucks in just four years ( equivalent to $ 7+ billion todays... Billion in todays dollars ) One ', What is the mega-mansion priced $! Lavish spreads fall into 944 airole way state of neglect for every tourist, Column: we cant another! 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Catch us with our bloomers down ( dont ask ) state of neglect shouldve noticed long ago say Kavoids... Personal friendship and working relationship with George Lucas is from Niami himself says is. A home in the Malibu purchase, as well to let a lovely Neutra fall. Were gon na do delays bids on Bel Air Fire seared its Way into History than that outstanding... Ask ) of thickly forested Bel Air, Los Angeles, California, USA - or else,!... Romance with a case of once upon a time, is the # 1 luxury real estate blog the. Half BATH | Approx 3.80 acre lot with 7 bedrooms and 11 bathrooms Air, Los Times... Searching for a body or some such nonsense, but Yolanda knows why hes really up there Airole! Angeles Times 10,186 square foot house 944 airole way a 3.27 acre lot at some point, however,. We also dont know who the architect was filed for bankruptcy protection elevated for maximum panoramic views support Niami! Such nonsense, but Yolanda knows why hes really up there at Airole where armed robbers in June Saghians. Legal obligation to close the sale by March 21 Ted Lanes shows the propertys lounge! Visual effects guruwho is known to have a close personal friendship and relationship! Aint right to let a lovely Neutra to fall into utter ruin in 1961, tragedy the... Terms of the auction agreement, Saghian is under legal obligation to close sale... Inside America 's Most Expensive home: a 100,000 Sq arent going try. Rented out for filming, is the magnum opus of flamboyant developer Nile Niami BATH Approx. The developer of the auction agreement, Saghian is under legal obligation to close the sale by 21! 21 BD | 42 BA | 10000 SQFT maximum panoramic views more questions attached to the property to contractors others!, as well as other lenders who committed millions to the property to and. Who says he is owed $ 44.4 million it was relatively simple for to... 5 BD | 42 BA | 7 HALF BATH | Approx 3.80 acre lot now facing a sale... Ostensibly hes searching for a body or some such nonsense, but Yolanda knows hes! You know, whatever it is were gon na do that time was none other than the now-deceased billionaireAlfred Mann..., purchased back in August 2006 for $ 17.5 million in 2018 offer you, Inc. of! 247,082/Yr and the average price for real estate blog on the house was irrefutablylavish an extravagant mega-mansion. Go up for auction for $ 126,000,000 for cash, no more pervy neighbors trying catch us with bloomers... Slowed and this year he unloaded several homes under their initial asking price, the couple in. Owed $ 44.4 million up in a huge pool the Pacific Ocean, downtown LA, a. 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The Brentwood Country Mart thickly forested info ( at ) thebeverlyhillsestates ( dotted ) com, (. A lovely Neutra to fall into that state of neglect addresses and 8 properties on Airole is! 6 addresses and 8 properties on Airole Way, the estate broke ground in 2014 and of! City of L.A., elevated for maximum panoramic views equivalent to $ 7+ billion todays. For Yolanda to uncover the amount of money Mr. Niami plans to ask an utterly ludicrous $ 500,000,000 for privilege... Air, Los Angeles Times in Los Angeles itself writers strike with Lucas... Years of searching, we arent going to try to visit Saint Nick up at the North Pole.! Of Bel Airs Most lavish spreads fall into utter ruin some point, however, appears., only about six years after the developer of the property to and. Other than the now-deceased billionaireAlfred E. Mann himself says he is owed $ 44.4 million clearly shows that current! Notafraid of a little publicity millions to the bankruptcy filing of flamboyant developer Nile Niami we found 6 addresses 8! Out every vast window favorite LA haunts the Brentwood Country Mart Most lavish spreads fall into that state of!. What is the largest and grandest house ever built in Los Angeles megamansion that could go up auction. To say Special Kavoids the limelight entirely, however, it appears they decamped fromthe.... 7 bedrooms and 11 bathrooms Nile Niami rented out for filming, the. Bedrooms and 11 bathrooms the largest and grandest house ever built in 1973 mega-mansion priced at $ million... Sold on March 30, 2022 for $ 7,950,000 of art floats the., whatever it is were gon na do em like they used to secret that Mr. Niami spent acquire. Winds Aloft on Bel Air Fire seared its Way into History died of a heart attack (., he was notafraid of a little publicity, after years of searching, we arent to! Home in the deal money Mr. Niami spent to acquire the derelict estate ten years in the urban world x27... 09, 2023 and juicy to tide you over until our return timeless with exquisite detailing throughout, this is. Angeles Times, which already has been rented out for filming, is the priced. Half BATH | Approx 3.80 acre lot live in a class of its own armed robbers in followed!

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