Developer Bruce Makowsky has come a long way since selling a US$70 million home in Beverly Hills to Markus Persson, creator of Minecraft, in 2015. His latest project now exceeds the nine-figure mark and is the most expensive home ever listed in the US.
Its exorbitant price tag of a quarter of a billion dollars sends a message loud and clear: this is a jumbo-mansion made for the wealthiest of the one percent.
Having spent a significant amount of time on superyachts and private jets worth up to US$500 million, Makowsky identified an opportunity to develop luxury real estates as prized and highly priced as billionaire boy’s toys.
Makowsky said: “Until now, the ultra-luxury market was void of homes that even came close to matching the level of mega-yachts and private jets that billionaires spend millions of dollars on every year. There are hundreds of new billionaires created each year and they are increasingly setting their sights on this coveted enclave of California for everything the state has to offer.”
Set on 924 Bel Air Road in Los Angeles, the US$250 million estate comes with a 270-degree drop-dead-gorgeous view that spans the San Gabriel Mountains to the beaches of Malibu.
The 38,000-square-foot gleaming project and an additional 17,000 square feet of entertainment decks were five years in the making. Tonnes of one-of-a kind hand-cut stone and marble were shipped in from Italian quarries, while a curated collection of fine art lace also graced the 12-bedroom glass-panelled home.
There are also 21 luxury baths; three kitchens; five bars; two wine-champagne cellars; a massage studio and wellness spa; a gym; a garage already stocked with exotic and bespoke cars valued at more than US$30 million; a 40-seat James Bond-themed cinema; a four-lane bowling alley; two alligator-upholstered elevators; and a hundred other notable furnishings.
If the interior isn’t enough to wow deep-pocketed buyers, an original Airwolf helicopter sits as a statement art installation atop the four-storey house. An 85ft glass-tile infinity pool; swim-up bar, wraparound Jacuzzis; and an impressive hydraulic pop-up theatre screen are the pick of the property’s outdoor entertainment area.
Surely a place this big and fancy will be hard to maintain, right? Well, not quite. A team of seven full-time staff is included as part of the home’s sky-high asking price. For the first two years of ownership, Makowsky will pay the salaries of the on-site employees, which include a personal chef, chauffeur and masseuse.
Nearby, film producer Nile Niami is constructing a 74,000-square-foot home that is set to be valued at an eye-watering US$500 million. There is no news on when it will be completed so, for now, 924 Bel Air Road stands as the US’s priciest listing so far.
For more information, visit www.924belair.com