Bel Air spec manse on auction block after years of price cuts fail to attract buyer
A Bel Air spec mansion that once sought a $50 million price tag is heading to the auction block after failing to find a buyer. The 19,348-square-foot home at 677 Nimes Road will be sold at auction with a $30 million reserve, Mansion Global reported, citing Paramount Realty U.S.A., which is handling the sale. The auction for the home comes after years of languishing on the open market. The property, completed in 2023, sits on a 0.7-acre hillside lot and contains parking for up to 50 cars. Developer and entrepreneur Edward Ehsan, founder of Golden Palm Properties, assembled the property […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Luxury ocean liners inform New York's Kimpton Era hotel by INC
Mauricio for Mayor?
How Two Friends Turned a Timeworn Connecticut Garage Into a Vintage-Inspired Barnhouse
Kris Jenner cuts price, relists Hidden Hills home for $11M
Taylor Swift’s “Blank Space” Castle Heads to Auction—Plus 6 More Luxury Homes for Sale
ELLE Decoroscope: Your October Design Horoscope Is Here
Madonna Just Paid Nearly $25 Million for Angelina Jolie’s L.A. Estate
Brentwood home of LACMA co-founder, legal giant hits market for $30M
Tyler Perry’s Beverly Hills Megamansion Can Be Yours for $57 Million
Squishmallows creator lists Bel-Air mansion for $38M
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
26895 Aliso Creek Rd, B-603, Aliso Viejo, California 92656, USA