dailystar.co.uk
12.02.2022 / 03:49
37%
292
America's 'most expensive home' is attracting royal interest and could sell for $500m
The most expensive home in America, described as "a modern masterpiece", could sell for up to a whopping $500 million (£370 million) at auction if it doesn't sell quickly. On Friday, the Los Angeles, California dream property became the most expensive listing in the US when it was listed for $295 million (£217 million).However, if it doesn't sell by February it will be auctioned and could fetch up to $500 million.The 105,000-square-foot mega mansion, which features an excessive 21 bedrooms and 42 bathrooms, was built by Nile Niami, a Hollywood-producer-turned-developer, who promoted the hilltop haunt as the “biggest and most expensive modern home in America".Because of Miami's growing costs the project plunged into mayhem and it was placed into receivership last year, meaning that as part of a bankruptcy agreement it could be flogged to the highest bidder if it doesn't sell quickly.“It’s a modern masterpiece,” said Branden Williams, of The Beverly Hills Estates, which is representing the property along with Aaron Kirman of Aaron Kirman Group at Compass.