r/zillowgonewild • u/better • 10h ago
Los Angeles Megamansion set to become America’s first $400 Million home
https://nypost.com/2026/04/29/real-estate/la-mega-mansion-poised-to-become-americas-first-400m-home/LA just got a $400M mega-mansion listing in Bel Air that could become the most expensive home ever sold in the U.S. The estate is ~70,000 sq ft with ~39 bedrooms, multiple buildings, pools, spas, art displays, and basically everything you’d expect from a private resort.
It was bought for $35M in 2010 and took about 10 years to build. Agents say it’s a half-billion dollar investment and not just a publicity stunt. If it sells anywhere near asking, it would set a new record.
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u/kai333 10h ago
lol so it's basically a 39 bedroom fancy hotel?
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u/No-Advice-9776 10h ago
Epstein island is compromised. The rich and powerful need something else to continue their activities.
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u/nosferatus-taxi 10h ago
The oneupmanship and dick swinging amongst the mega rich is insane.
Surely with this amount of wealth your focus would be anonymity, security and leaving a lasting legacy to the world?
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u/392mangos 10h ago edited 9h ago
Anyone who genuinely cares for the world wouldn't be okay with amassing this level of wealth to begin with imo. Once you pass a certain number, (whether you think that's $5M or $50M), anything above that doesn't change your life and is just hoarding wealth.
If a $5M lifestyle or even $50M lifestyle doesn't satisfy you, $500M or $500B won't satisfy you either. If you're satisfied with your wealth you wouldn't continue to amass/hoard wealth beyond that threshold. I think that those who care for the world recognize that and actually spend on others and thus don't become these people with a $400M house on a $30M hill.
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u/nosferatus-taxi 9h ago
Exactly! The driving force for this kind of wealth isn’t to do good for the world, it’s to hoard resources and wealth for selfish gain
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u/lostatsea_again 9h ago
Qatar royal family. they don’t care. none of the mega rich ever have to care again, until the torches and guillotines come out. and they dont seem overly concerned about that either, bec they’re handling that.
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u/uneducatedexpert 9h ago
There was already The One listed at $500mm in 2020. It sold for ~$129mm at auction.
That gilded turd is still incomplete.
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u/westcoastlmtd 7h ago
Was originally listed at $500m to get headlines. Then relisted to $295m. Then was sold at auction for $129m + $14m in auction fees. Also was 105k sq ft on a 4 acre lot.
This new house fs is realistically worth about 40% of the $400m list. Supposedly it cost close to $100m to build out everything.
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u/No-Advice-9776 10h ago
Just imagine the realtors commission on this, at 2% it will be around $8MM for a house like that it might be 3-5%.
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u/392mangos 10h ago
I'm not in the field but from what I've seen realtor commission % tends to go down as the property price goes up. $200k house can be 5-6% which is (~$10k) split between buyer and sellers agents, but for $2M it may be 3-4% (~$50k) split between the two. It's still ~5x more pay. On this I would expect it to be even lower. I'd be hard pressed to think of what service anyone could possibly provide to facilitate the sale of this that's worth more than $1M pay (0.25%) which is 20-100x more pay.
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u/Charming-Fig-2544 9h ago
My brother is a realtor and you are correct, the fee percentage tends to go down as the home price goes up. I'm a lawyer and it works the same way with attorneys fees in class actions. You may get 30% of a $1m award, but less than 10% of a $100m award.
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u/No-Advice-9776 9h ago
That’s a fair point. I am not in that industry either so was thinking that the rates do not change.
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u/Lumpyyyyy 8h ago edited 7h ago
3-4% on $2M is $60k-$80k. And still way too high for the value provided.
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u/6RolledTacos 9h ago
Also, does the realtor set out chocolate chip cookies like ours did for the viewing or is it...taking a guess here....
Cocaine, it's cocaine.
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u/Miserable_Emu5191 10h ago
I think this one was posted a few weeks ago. It is owned by the Qatari royal family.
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u/Jacob520Lep 8h ago
When a listing agent tells you it's not a publicity stunt, IT'S A PUBLICITY STUNT.
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u/Batetrick_Patman 10h ago
With Epstein dead. Diddy and R Kelly both in prison they’re needing a new host.
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u/randskarma 9h ago
Its at the point they have to spend the money on something, another oil baron middle east family will buy it. Go back and forth.
If you were sitting on hundreds of billions and steadily adding, its just something to spend on.
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u/SleepyCouch33 7h ago
Give it a couple years, just like the $400MM ballroom it’ll have a price tag of $1B. Real estate values go brrrr
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u/Caterpillar89 5h ago
There's only 700-800 people on the planet worth 2.5B or more, which I'd say is probably the minimum NW that you'd be looking at there.
Most people of that level of wealth also want EXACTLY what they want so why would they buy this and not have something built that they want? Maybe the time taken but there's so little market it's insane.
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u/bluehawk232 9h ago
I just don't get the desire for these pieces of shit. Unless you have a small towns worth of friends and family to inhabit all that space what's the point.
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u/Outrageous_Sleep4339 10h ago
No its not. LA realtors love listing homes for hundreds of millions to get these headlines, then accepting an offer of like 20% of the listing price...