The One Bel Air is the largest modern home in the US.
It was sold to the CEO of Fashion Nova for more than double the original price.
The home has 21 bedrooms, 42 bathrooms, a 10,000 square foot sky deck, and more.
It's believed to be the biggest modern home in the US.
The property sold for $126 million at an auction last year.
It was listed on Concierge Auctions for more than a year.
The home is 105,000 square feet and was called America's most expensive and largest residence.
Nile Niami is a film producer and real estate developer.
It would have been one of the most expensive homes in the world if it had been sold for $500 million.
The home was beset with delays and cost overruns. It was placed into a court-ordered receiver in 2021.
It was listed for $295 million, making it the most expensive home for sale in the US at the time, but it was only half the price Niami wanted for it.
The home was auctioned off when no buyers came forward. The top bid for the home was $126 million, but the auction premium and commission fees added up to more than $150 million.
The person who made the offer? Richard Saghian is the CEO of fashion nova.
Business Insider is the source of this story.
The sale was more than double the highest US sale at auction and nearly 50% higher than the world record.
This is a closer look at what Saghian got for his spending spree.
Simone Cenedese made a sculpture in the yard of the mansion.
The main entrance is here.
There is a rotating sculpture and floor-to-ceiling windows in the mansion's foyer, which makes for a great view at day's end.
Or both.
There are 21 bedrooms, 42 baths, and seven half-bathrooms in the One.
This room has an expansive view of Los Angeles.
This one as well.
There is a 10,000 bottle wine cellar in the dining room.
The family living room has a lot of space to spare.
The rooms devoted to R&R are grouped together.
There's a full service beauty salon and spa.
One of the more colorful rooms in the mansion is the salon.
You can play billiards in the entertainment room.
There is a bar and cigar lounge in the mansion.
The bar is close to the floor.
There is a bowling alley in the next room.
There are four lanes and several shelves of bowling shoes at the ready.
A private nightclub can be found on the premises.
A private movie theater is also included.
There is a walk in closet in the master bedroom of the One.
There will be a lot of books in Saghian.
The room has a balcony and can be used as a library or office.
There is a candy bar for children.
There are five swimming pools on the site.
One is on the rooftop of a 4,000- square-foot bedroom.
The private club is above the other one.
A pool can be used as a lounge.
There is a pool in a room with a living wall.
There is an exercise room next to it.
A juice bar is also present.
The home was built in the last decade, but it has taken a cue from the construction of centuries past with a moat around three sides of the property.
The guests can stay in the mansion's guest house.
Floor-to-ceiling windows are present in the guest house.
Three bedrooms on it's own.
There is a jogging court, tennis court, and putting green outside.
The home has a garage, six elevators, and is close to Rodeo Drive, Beverly Hills, and downtown Los Angeles.
Saghian bought The One less than a year ago.
According to The Real Deal, he paid $40 million for a 6,000- square-foot beachfront home in an exclusive Malibu area known as "Billionaires' Beach."
It is still the biggest modern US home. It doesn't have the record for the most expensive home for sale in the US now that it's been auctioned.
That record is currently held by a $250 million New York City apartment. The world's tallest residence is at 1,409 feet above the city.
Business Insider has an article on it.
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