America's most expensive home flops at bankruptcy auction: Bel Air mansion 'The One' - once listed for $500million - sells for $126m, less than HALF the $295m asking price, after just five people bid on it

Daily Mail ^ | Ronny Reyes

[Jonty30]

They will probably demolish it and build their own. Owners of this level of wealth buy homes for the view only.

[Bikkuri]

Air B&B.. ;D

[Obadiah]

I saw a house similar in scope and cost on a recent YouTube “tour” video. People posted comments saying the tax on that property was $1.5 million - per month!

[Track9]

Looks like it’s built on a leach field berm.

[ncfool]

Probably purchased by Vladimir Putin for his exile home in the USA…

[ncfool]

Probably purchased by Vladimir Putin for his exile home in the USA…

[AFreeBird]

Hells bells, you could turn that into a concierge hotel and conference center. It looks more like a hotel than home anyway.

[shotgun]

They forgot to add the helipad! No self-respecting billionaire or Russian oligarch would be caught dead without one.

[Jamestown1630]

Somebody could do something with the one on Lake Superior. But there’s a scene where the water seems to come almost into the house...

[GnuThere]

Well, I dropped out after learning it had only 42 bathrooms.
Was really looking for 43…

[ytrebil]

What is the monthly electric bill? Asking for a friend.

A friend of mine wants to know why your friend wants to know that.

[Flavious_Maximus]

The building looks more like an office complex than a home.

[stevio]

If I had the money that’s what I’d do with it. Help diversify that nice neighbor a little.

[Seaplaner]

Designed in 20 minutes by a third grader with a ruler.

And, if I HAD 126 mil, I'd pay that to NOT live in California.

[fuzzylogic]

I’ve been watching some videos about abandoned mansions, mostly in Europe, and the main common thread is that the place was built in another time where a very rich landowner could afford such a place and all the servants to go with it. Few can afford now and they require too much repair and would cost an arm & leg to heat & power. So they sit there - these architecturally astonishing and historic buildings. It’s a shame...but they’re part of a different time.

You can build these insane places but seriously, how many would ever need or want such a place? Not many.

[hoe_cake]

Nile Niami is still living the life of luxury, as we unwashed masses would deem his life style.

[ptsal]

Bkmk

[dead]

The nicest thing was the view. The rest was sterile modern.

[blueunicorn6]

I told them to put in granite countertops.

[hoe_cake]

Why would someone even conceive of this vulgarity in extravagance. My good guess is a lot of cocaine and decadence went into this project.