The Most Expensive Home In America Defaults On $165 Million In Debt and Heads For Sale

A mansion developer claims he's ready to test the market with his $500 million Bel-Air super pad, seven years after building began.

What would be America's most expensive home is to hit the market for a cool half a billion dollars; complete with a nightclub, beauty salon, 20 bedrooms and sweeping views of LA and the Pacific Ocean.

The mansion, dubbed 'The One' and developed by former film producer Nile Niami, sits atop a hill in the affluent Los Angeles neighborhood of Bel Air and is expected to be ready for sale soon.

The 100,000sq ft house has a number of perks including a nightclub with its own V.I.P room, 20 bedrooms including a 5,500sq ft master suite, between four and seven swimming pools depending on your definition (does the moat and indoor spa count?), five elevators and a beauty salon.

An earlier plan was to line one of the bedrooms with jellyfish in glass tanks but Niami and his team gave up on the underwater theme, saying it was too much of a task.

Join your host Sean Reynolds, owner of Summit Properties NW, and Reynolds & Kline Appraisal as he takes a look at this developing topic.

https://www.dailymail.co.uk/news/article-7946801/Americas-expensive-home-ready-sale.html

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