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Now, after yet another price chop, it's back on the market for $150 million - a staggering $100 million less than its original asking price.
The extravagant property includes a helipad, five bars, a bowling alley, a 40-seat movie theater, an 85-foot infinity pool, and a massive candy wall.
A mega-mansion in Los Angeles that was once the most expensive listing in the US is now selling at a $100 million discount.
When it first went on the market in January 2017, the home was asking $250 million, as Business Insider previously reported. Fifteen months later, in April 2018, it went back on the market for $188 million - a whopping $62 million price cut. Now the price has been cut again, down to $150 million.
Luxury developer Bruce Makowsky said the price was adjusted to reflect global market conditions.
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"Today's billionaire and mega-wealthy homebuyer just isn't ready to spend $200 million on a home at this current place in time so we've relisted it with a price tag that will open the door to a significantly larger audience," Makowsky said in a press release.
The Bel Air mansion, nicknamed "Billionaire," includes 38,000 square feet of indoor living space and 17,000 square feet of outdoor entertainment decks. It has two master suites, 10 VIP guest suites, and 21 bathrooms.
Other over-the-top amenities include a non-functional rooftop helipad, an 85-foot infinity pool, a 40-seat movie theater, a massage studio and wellness spa, a bowling alley, and a massive candy wall.
"The goal with 'Billionaire' was simple; every inch of the property in the home had to be innovative, flawless, and meticulously curated," Makowsky wrote on the property's website. "The budget was there is no budget."
A four-level Los Angeles mega-mansion once listed for $250 million — making it the most expensive home for sale in the US at the time — is now selling at a $100 million price cut.
The home was originally listed for $250 million back in January 2017. It's nestled in the hills of Bel Air, a "lush private oasis" that's "home to the most affluent people in the world" according to developer Bruce Makowsky.
The house, nicknamed "Billionaire," is now selling for $150 million, which is $100 million less than its original asking price. From the master deck, the home has unbeatable views of Los Angeles. It has 17,000 square feet of outdoor entertainment space ...
In addition to its two master suites, 10 VIP guest suites, and 21 bathrooms, the house includes lavish amenities such as a four-lane bowling alley and lounge ...
The home comes fully furnished and stocked with art. A penthouse office on the upper level has a view of the helipad (not functional) and the purely decorative helicopter. The helicopter is not functional, but it was refinished with a luxury interior.
Despite its exorbitant price, the house is not the most expensive home for sale in the US — or even in Los Angeles.
That honor goes to the Chartwell Estate, another mansion in Bel Air that's listed for $245 million, making it the most expensive home for sale in the US.