$500 Million Bel-Air Estate Branded as "The One" exclusively represented by Drew Fenton of Hilton & Hyland, Founding Affiliate of Christie's International Real Estate
Jun 16, 2015, 08:26 ET
BEVERLY HILLS, Calif., June 16, 2015 /PRNewswire/ -- $500 Million Bel-Air Estate, known as "The One" to be complete in Spring 2017, hopes to set world record.
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A trophy modern compound, it is planned to be approximately 100,000 square feet (9290 square meters). Designed by Paul McClean and located in famed Bel-Air, proposed features include an approximately 5,000-square foot master suite, 30-car gallery and 45-seat theater, a "Monaco style" casino and nightclub, 4 lane bowling alley and a "jelly fish lounge" with water-filled tanks lining three of the walls.
Set on a private knoll, the grounds include four swimming pools, tennis court and a vast lawn planned to utilize synthetic material rather than real turf, in effort to be mindful of the current state of the California environment.
"A property like this truly underscores a deep belief that Los Angeles is at the center of luxury real estate and at the pinnacle of the global marketplace. It is a very rare and special offering. There is only One in the world," Fenton said.
The project is being built by Nile Niami, known for his exceptional estate developments. Notable sales include several major properties on prestigious South Mapleton Drive in Holmby Hills, as well as series of record breaking view properties in Los Angeles coveted Bird-Streets and Beverly Hills.
Drew Fenton was ranked among the top five real estate agents in the United States by the Wall Street Journal in 2014. Hilton & Hyland is a luxury firm based in Beverly Hills and founding affiliate of Christie's International Real Estate.
Hilton & Hyland
SOURCE Hilton & Hyland
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