Housing

Los Angeles Home Priced at $150 Million

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The most searched home on Realtor.com last week may be the most expensive in the United States. It is an L.A. mansion on the market for $150 million. How can any home be worth so much? A combination of things, from size to when the house was built to a crazy list of amenities.

The home’s address is 301 N. Carolwood Dr. That puts is north of Sunset Blvd. and also north of downtown Beverly Hills, as well as west of the heavily traveled 405 interstate.

The home has a footprint of 30,000 square feet, with 10 bedrooms and 20 full baths. It also sits on 2.5 acres of prime real estate. The house was completed earlier this year, according to Realtor.com, and has been on the market for a month.

With a down payment of 20%, or $30 million, the monthly payment for the house, including principal and interest, property taxes and insurance, is only $739,324.

The listing describes the amenities as follows:

An extraordinary expression of boundless creativity, passion and a master’s touch of timeless style. Gracefully set on the legendary grounds of the former Mon Reve Estate with more than 470′ of frontage on Carolwood Drive – one of the most prestigious addresses in the world, home to Hollywood royalty for decades. Immersed in nature, the magnificent setting includes a private hiking trail studded w/light trees. Approx. 38,000 sf under roof w/ more than 30,000sf air conditioned. Multiple guest structures rival any 5-star accommodation in Beverly Hills. Club Mon Reve features a lounge, wine room & theater complex w/ a separate valet entrance. Parking for 50 cars inside the property plus a 10 car garage. The spa level boasts a dramatic indoor water wall spilling into a lap pool, salon, pedicure/manicure, steam & massage rooms. Master suite w/ approx. 5,300sf, including a private heated covered patio & every luxury you would expect from the absolute finest estate offered in the world today.

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