{"id":68714,"date":"2019-06-29T17:39:49","date_gmt":"2019-06-29T21:39:49","guid":{"rendered":"https:\/\/thatdope.com\/travel\/this-us250-million-bel-air-mansion-is-struggling-in-the-real-estate-market\/"},"modified":"2019-06-29T17:39:49","modified_gmt":"2019-06-29T21:39:49","slug":"this-us250-million-bel-air-mansion-is-struggling-in-the-real-estate-market","status":"publish","type":"post","link":"https:\/\/thatdope.com\/travel\/this-us250-million-bel-air-mansion-is-struggling-in-the-real-estate-market\/","title":{"rendered":"This US$250 Million Bel Air Mansion is Struggling in the Real Estate Market"},"content":{"rendered":"
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Air screams richness and extravagant when it comes to real estate property.\u00a0 Luxuo featured the most expensive house in the U.S.A, aptly located in Bel Air. The estate which once belonged to billionaire and philanthropist Andrew Jerrold Perenchio hit the market with a $250 million price tag. Now, this 38,000-square-foot home in Bel Air built\u00a0 is competing to be the most expensive home in America; but even after a massive discount, it\u2019s still struggling to be sold.<\/p>\n
According to the Wall Street Journal, there\u2019s an \u201coversupply\u201d with continued development of mega Bel Air luxury real estate <\/a>and many more multimillion-dollar mansions already listed. In fact, Scott Tamkin, a broker at Los Angeles brand of the luxury realty firm Compass, recently reminded Bloomberg that neighbouring Senderos Canyon,<\/a> encompassing 6% of the total land area of Bel Air, is a tract of 258 undeveloped acres in one of Los Angeles\u2019s hottest neighbourhoods and it has already lost 40% of its 2013 list price of $125 million; currently, it\u2019s a steal at $75 million.<\/p>\n Bel Air\u2019s most expensive, $250 million luxury mansion, is currently owned by Plastic surgeon Raj Kanodia. The aesthetic doctor is himself a household name thanks to his technique of scarless \u201cclosed rhinoplasty\u201d nose jobs for Hollywood elites. Kanodia initially had the intention to flip the 38,000-square-foot Bel Air mansion for a profit but till now, still hasn\u2019t managed to sell it.<\/p>\n Originally with a price tag of $250 million, this luxury mansion nicknamed \u201cBillionaire\u201d is now asking for $150 million.\u00a0 The house at 924 Bel Air Road is being offered for sale by Branden Williams and Rayni Williams with Hilton & Hyland and Shawn Elliott of Nest Seekers.<\/p>\n <\/p>\n The 38,000 square feet of indoor living space and 17,000 square feet of outdoor entertainment decks features two master suites, 10 VIP guest suites and 21 bathrooms. Divided over 4 levels, the mansion is described as \u201chome to the most affluent people in the world\u201d. Offering a scenic view of Los Angeles on the master deck of the property and an 85-foot-long infinity pool, the outdoor entertainment area is pretty impressive.<\/p>\n And it\u2019s amenities? A four-lane bowling alley and multiple lounges and a downstairs car and motorcycle gallery, featuring a variety of vehicles, including a vintage Mercedes-Benz car, which are worth a combined US$30 million. If that is not dramatic enough, a penthouse office on the upper level consist of a purely decorative helicopter that was refurbished with a luxurious interior.<\/p>\n\n