Biggest most expensive house ever
- Thread starter jsmoke
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My parents have a big house. 4 bed but big rooms (custom built).
It's a massive burden to them. I remember when I lived there housework seemed endless.
For me with no kids but a gf I think 4 bed would be ideal but no more. Unless I could afford to pay someone to keep it clean.
The only reason I could ever need anything more is of I keep buying junk. I'm trying to stop that. As its easy just to end up with loads of objects.
Deleted User 298457
Deleted User 298457
Lol houses in Glasgow don't count.
Thought this was worth a bump since there's been a follow up with regard to the foreclosure......
Nile hasn't got any more grounded over the last few months though
Yikes, we're nearly a week on from that video and I've not seen any updates about him getting any new financing, by some reports he might need about 160 million or so at this point and it isn't even clear it is going to necessarily sell for much more than that.
It's quite a ridiculous house and he's probably gone a bit too far with that one, sure there are some people, especially in LA/California who want a big brash "look at me" home but there are other options available that don't necessarily cost that much.
Jeff Bezos paid $165 million for his, but he's not gone for some big tacky thing, he's gone for a more classic mansion and (importantly for someone like him) it's way more private, bigger plot, plenty of grounds/gardens around it, very high hedges.
With this thing, the entire plot is all house, with garden and terrace areas built on top of more house stuff... and lots of it visible from the surroundings. When really a bigger plot or even a similar-sized plot but with a big classic or modern mansion (albeit with smaller total sq footage) + guest houses, gardens etc.. is arguably more desirable for most who can afford that sort of thing.
It doesn't seem particularly well designed even, especially as it's no doubt had a lot of input from that crazy bloke - lots of pointless excess space, silly lounges in between bedrooms all quite remote from each other... some naff master bedroom swimming pool on a balcony. You could fit the same number of bedrooms, similar facilities and have a decent indoor and outdoor pool in a significantly smaller sq ft house and still have a ridiculously expensive mansion.
Realistically his neighbours are all quite powerful connected people - stuff like that nightclub with music blaring while doors are open to those fire pit areas by the water features etc.. is just never going to fly, no chance do the millionaire bankers, film producers etc.. want coach loads of Instagram models being dropped off or queueing along their road after walking up from UCLA carpark trying to get into that nightclub or watch some event in a residential area. The guy hasn't even got a permit for a commercial kitchen he's not running nightclub events and certainly isn't going to get a load of popstars stood on podiums outdoors for some live streaming nonsense.
I imagine Blenheim Palace or homes like it could even cost more to build today than they'd actually sell for.
Probably is nicer than the one but like lots of Vegas and LA mansions the house tends to occupy almost all of the plot, you get a regular drive at the front - usually mostly paved for cars/not much garden (sensible enough in LA/Vegas) but then in the back, you get a terrace/pool and then where the back garden would normally be you have... nothing, that's the end of the plot and nothing to the sides either, the big mansion occupies the full width of the plot too.
They're just too big for the plots tbh... if I had that sort of money in the US I'd build proportionally to the plot or move a bit further out to where a bigger plot was feasible.
True in terms of relative inside space to plot size, however not everyone wants giant gardens or sprawling woodlands on their property.
Caporegime
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Yeah I noticed the same thing in Canada. Nobody really wants gardens or space is at so much of a premium nobody wants to waste it on garden space. Tbh what do you even do with your garden? I use mine for BBQ's and all I need is space for people to gather round, sit together, drink and chat. I don't need 5 acres of grass.
Front area again. All I need that for is parking. It's the same in canada front is usually parking back is normally a small garden with a lot of block paving.
I remember the largest home we lived in (large enough for previous owner to have 2 horses and stables built at the back of the house) and the back and surrounding areas could fit maybe 4-5 five a side football pitches in. We didn't use it at all. I did as a kid I would run about and kick a ball but that was really it the space was wasted 99.9% of the year.
Looking at it now current owner has knocked down the stables and built a conservatory and some sort of other area.
Use the car in bottom left for scale. You could literally park like 50 cars in the driveway and around the house.
Front area again. All I need that for is parking. It's the same in canada front is usually parking back is normally a small garden with a lot of block paving.
I remember the largest home we lived in (large enough for previous owner to have 2 horses and stables built at the back of the house) and the back and surrounding areas could fit maybe 4-5 five a side football pitches in. We didn't use it at all. I did as a kid I would run about and kick a ball but that was really it the space was wasted 99.9% of the year.
Looking at it now current owner has knocked down the stables and built a conservatory and some sort of other area.
Use the car in bottom left for scale. You could literally park like 50 cars in the driveway and around the house.
True in terms of relative inside space to plot size, however not everyone wants giant gardens or sprawling woodlands on their property.
Doesn't necessitate giant gardens or sprawling woodlands, the point was simply the complete lack of any garden beyond a (relatively) small terrace/pool and not much separation from the neighbouring properties at the sides either.
It's symptomatic of plenty of McMansions in the US.
Caporegime
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Space is at a premium nowadays this wasn't the case 100 years ago to the same extent.
Older houses come with much larger areas of land surrounding them.
Any modern new builds have pretty much the minimum they can get away with.
This also applies to mansions in LA which is one of the most populated cities in the world. And especially in exclusive areas where land costs are in the the millions of not tens of millions for a plot of this size.
It has a running track and gardens built on top I'm not exactly sure what the issue is. The roof as well is essentially outdoor area. The fact it doesn't have land around it is mute IMO. It doesn't need any.
The issue is, it's up for £500 million. It's shouldn't really be compared with a pokey new build.
Yup indeed!
You've quoted my post in regards to a house in Vegas with a short patio and pool but no back garden, my comments about the One are further up in my post here:
https://forums.overclockers.co.uk/posts/35130841/
Regardless it's not about "need" at that price level but desirability and what it can offer that similar houses can't. As mentioned in my post above Jeff Bezos recently spent $165 million on a mansion in LA (or rather Beverly hills), his is "only" 13,000 sq ft but it comes with two guest houses, a big pool etc... that's one of the most expensive houses sold in the US recently. That house came with a 9.4-acre plot, according to wiki and Zillow the One only has a 3.83-acre lot, less than half the size. Not long before Bezos' purchase, the Chartwell Estate in LA sold for $150 million dollars, that's a 25,000 sq ft mansion on a 10 acre plot.
Both of those houses are significantly smaller yet still have plenty of space are way more private and have lots more than double the size of the one, they're way classier and have sold for $165 million and $150 million respectively yet this lunatic was hoping for $500 million for his oversized monstrosity.
I bet both of those other houses actually have a commercial kitchen, sure they don't have a nightclub but they've got pool(s), they've got all the other facilities, guest houses, bedrooms etc... and you're not going to be seen/looked at when using your pool or the grounds either. The Chartwell estate even has underground tunnels to take you to the pool + a jungle trail thing.
The One needs to sell for at least $160 million just to pay back creditors etc.. but it isn't going to be easy to sell even at that "discount" price when you compare to what buyers in that range could have had:
Bezos' $165 million mansion:
(apparently, he also bought that smaller adjacent house, with an entrance on a different street at the top left-hand corner of his "estate" too)
Bezos' pool, way classier:
If you try and take a look on street view you'll see the entrance gate is blurred (and has a hedge/90degree turn behind it anyway) and the whole property is surrounded by massive hedges, plenty of privacy which lots of billionaires value, total opposite of the One:
The other recent big sale in this league in that particular city, The Chartwell estate:
Much classier again, also has a big 5 bedroom guest house (to the right of the picture) in addition to the main 25,000 sq ft main house. Plenty of bedrooms for guests and facilities etc.. as per the One but without all the pointless wasted floor space.
Has actual gardens:
Even has a bunch of planted jungle trails etc.. further down the hill:
And a decent pool, which is again completely private:
IMO if anyone wanted the part completed "the One" over either of those two properties they need their head examined!
Update, he's dodged the auction once more and bought himself some more time by going into bankrpucy:
https://www.dailymail.co.uk/news/ar...g-price-500-million-pulled-auction-block.html
https://www.dailymail.co.uk/news/ar...g-price-500-million-pulled-auction-block.html
Caporegime
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He deserves that house remember for being such a great person. I don't understand the nightclub, etc part of the house. It's purely for occasions now rather than a home. Unless someone converts that into a business of sorts which I don't think the neighbours would like. The home is completely customised which nobody at this level wants as in they want to customise it themselves not buy something someone else has customised.
It's a great house for a TV show but would a TV spend that much on an asset or would they pay enough rent to pay off the loans and make a profit? Would have to be a very successful tv show.
It's a great house for a TV show but would a TV spend that much on an asset or would they pay enough rent to pay off the loans and make a profit? Would have to be a very successful tv show.
The problem you have even if you believe the house is worth $500m, anyone with that amount of money to spend on a house would probably have one built to their own spec, particularly in the US where it's not so hard to replace old housing for new.
I doubt the small handful of people that could afford this are going to have the same taste as him. And most of them probably don't want a $500 m house.
I doubt the small handful of people that could afford this are going to have the same taste as him. And most of them probably don't want a $500 m house.
Feels like the sort of house that would be fun for [multi]Millionaires to rent out for periods. So you pay $500k to rent it for a fortnight or whatever. That way you can have massive parties, enjoy the novelty etc but not have to live with the long term hassle once the novelty has worn off.
Although the more I think about it the more I think I'm basically going to end up describing a very exclusive hotel, because you'd want staff the man the kitchens, nightclub, bowling alley etc.
Although the more I think about it the more I think I'm basically going to end up describing a very exclusive hotel, because you'd want staff the man the kitchens, nightclub, bowling alley etc.
Some fashion bloke has bought it now for $500Million, $295 Million $141million.
https://www.latimes.com/business/story/2022-03-06/the-one-fashion-nova-richard-saghian-auction
https://www.latimes.com/business/story/2022-03-06/the-one-fashion-nova-richard-saghian-auction
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Perfect time to buy in LA imo
Wow that's a bargain at nearly 75% off the original list price! It's almost as if no-one wanted it
Deleted User 298457
Deleted User 298457
Especially when he is only paying his staff $2/hour and then not evening giving them the money