Bel Air Megamansion ‘The One’ Lists for $295M and Is Set to Go to Auction Next Month

LA’s Bel Air neighborhood is known for its glamorous properties, but the arrival of a highly-publicized and much-anticipated mansion on the market brings the enclave to a new level. Known as “The One,” the home developed and owned by Nile Niami was created over 10 years. Designed by architect Paul McClean, it is one of the largest single-family residences in the world and currently the most expensive home listed in the US, priced at $295 million. Someone with such immense funds can buy it now, or it will go to auction with no reserve next month due to a bankruptcy agreement, according to CNBC.

The One is certainly one of the most elaborate homes created in modern times, personifying excess. It encompasses 105,000 square feet with bespoke spaces and astounding amenities. Five pools, six elevators, a 10,000-bottle wine cellar, a 40-seat movie theater, a 400-foot outdoor running track, a cigar lounge, a wellness center, and more exist at the property.

Perched above the lights of Los Angeles, the estate also has 21 bedrooms and 42 bathrooms in total, including a three-bedroom guest house. While walls of glass provide 360-degree vistas, views of the city, the Pacific Ocean, and the San Gabriel Mountains can best be seen from the 10,000-square-foot sky deck.

Bel Airs The One Officially Lists For 295m But Is Set To Go To No Reserve Auction In February 944airoleway Marc Angeles E

Photograph by Marc Angeles

Fitting its price tag and size, the home employs many custom design features. There’s a rotating custom statue in the foyer by Mike Fields, a butterfly installation by Stephen Wilson, and a custom sculpture from Italian glass artist Simone Cenedese. And, this barely scratches the surface of everything the property holds.

Agents Aaron Kirman of Compass and Rayni Williams and Branden Williams of The Beverly Hills Estates share the listing. Concierge Auctions will facilitate The One’s upcoming online auction, planned for February 28 – March 3.