This $245 million Los Angeles mansion is the most expensive home for sale in the US - and it costs 960 times more than a typical US home
- The Chartwell Estate in Los Angeles is for sale for $245 million.
- That makes it the most expensive home for sale in the US.
- The historic California estate is 960 times more expensive than the typical American home, which costs $255,000.
A Los Angeles mansion is on the market for $245 million, making it the most expensive house for sale in the US - and about 960 times more expensive than the typical American home.The median US home price was $255,000 as of the second quarter of 2018, according to data compiled by ATTOM Data Solutions.
Sitting on nearly 11 acres, the main home of the Chartwell Estate was designed by Sumner Spaulding in 1930, according to the listing. In the 1980s, the mansion's interiors were renovated by designer Henri Samuel - but no recent photos have been released, keeping the inside of the home a mystery.
The expansive grounds of Chartwell include manicured gardens, a 75-foot pool, and views that span from downtown Los Angeles to the Pacific Ocean. There's also a car gallery that fits 40 vehicles, a five-bedroom guest house, a tennis court, and a 12,00-bottle wine cellar. Last year, the property was listed for $350 million.
Chartwell is listed with several agents: Jeff Hyland, Drew Fenton, and Gary Gold of Hilton & Hyland (a Christie's International Real Estate affiliate), along with Jade Mills, Joyce Rey, and Alexandra Allen of Coldwell Banker Global Luxury, and Drew Gitlin and Susan Gitlin of Berkshire Hathaway Home Services.
Here's a look at the sprawling estate's grounds.