Why Is L.A.’s Most Expensive House Still on the Market?

  • 📰 THR
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The legendary Casa Encantada at 10644 Bellagio Rd — which once belonged to Conrad Hilton — has come on and off the market several times, and is currently listed at $195 million.

“If I had not gone inside myself, I would not have believed such a residence existed in the world,” MGM boss Louis B. Mayer once said of Casa Encantada, considered by many to be the finest residence in the United States. Currently on the market for an eye-watering $195 million, the storied estate, lording over the Bel-Air Country Club on a stunning 8.4 acres, features a 7 bed/20 bath main house described by its Russian-born architect James Dolena as a “modern Georgian with Grecian influences.

“Casa Encantada is one of the most iconic homes in Los Angeles due to its architectural significance, designed by James Dolena in 1937, and its Georgian-style elegance,” Flagg says. “The mansion has hosted high-profile events and been owned by notable figures like Conrad Hilton, enhancing its cultural and social legacy. Its vast size, opulence, and prime location in Bel-Air, combined with its historical importance, make it one of the most sought-after and expensive estates in the city.

No expense was spared. Weber insisted on a building tunnel straight to the Bel-Air Country Club golf course. She even kitted out the servants’ bedrooms with lush fixtures — including marble floors. “One new employee spent his first night awake, worrying he’d accidentally been placed in a guest room,” Michael Gross writes in

“It was love at first sight,” Hilton noted of the home, which he named “Casa Encantada.” He lived in his castle on the hill until his death in 1978. In 1980, billionaire David Murdock of Dole Foods purchased the home from the Hilton family and renamed it “Bellagio House.” He sold it to businessman and philanthropist Gary Winnick for a record breaking $94 million in 2000.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 411. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Advertising a house is ridiculously expensive in Australia—could that be affecting the property market?Australia has long been one of the most expensive places in the world to buy a house. Now, it's apparently also one of the costliest places to sell one.
Source: physorg_com - 🏆 388. / 55 Read more »