The Park Bel Air is rarified air. Listed at $150 million, it better be. Perched high upon 10.6 contiguous acres, the cliffside property offers exceptional city, canyon and ocean vistas as well as separate shovel-ready parcels backed by pre-approved plans and grandfathered permits for 180,000 square feet of buildable land across three lots—for about $14.2 million per acre. Talk about a breath of fresh Bel Air.
Located across from the iconic Hotel Bel Air, the estate is among the most valuable real estate in the USA.Prime location and enviable views are crowned by privacy, security and flexibility at the highest end of the Bel Air real estate market. Ultimately, the buyer can break ground immediately on fully-designed, approved estate residences; build a customized compound or a scaled down alternative; or preserve land portions for future generations, in-laws, etc.
“The arrival of The Park Bel Air to the ultra-prime Bel Air real estate market is a truly singular opportunity to acquire one of the most prominent pieces of real estate in the world [and] create a legacy compound that is poised to become the most exceptional estates, not only in Los Angeles, but in the United States,” says Blankenship.
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