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A house in Los Angeles which believed to have almost all facility available in world is going to be priced at around $500 million making it one of the world’s expensive houses.
According to Nile Niami, a film producer and speculative residential developer, the project will take 20 more months to complete and is built on 100,000 square feet.
It will include a 5,000 square foot master bedroom, a 30-car garage and a ‘Monaco-style casino.
The developer hopes to sell it for a record $500 million. If this comes true, then it becomes a till date record breaking home (as biggest and expensive home) in the US history.
“The house will have almost every amenity available in the world,” Niami wrote in a mail.
“The asking price will be $500 million.”
As per the reports of Christies’s International Real Estate, the priciest home ever sold was a $221 million London penthouse in 2011. The most expensive properties in the market include a $425 million estate in France’s Cote d’Azur, a $ 400 million penthouse in Monaco and a $365 million London manor.
“My first reaction is laughter. But we’re in this perpetual state of surprise as new thresholds are broken.” Said Jonathan Miller, president of appraiser Miller Samuel Inc...
