Growth spurt hits $250 million
When two L.A.-area homes sold for $100 million last year, the question wasn’t how but rather what’s next. The answer may be an entirely new stratosphere.
In Bel-Air, a four-story megamansion built on speculation has hit the market for $250 million, a price tag among the highest in the country if not worldwide.
The home is the latest creation from handbag tycoon Bruce
Makowsky, who is well-versed in L.A.’s ultra-high-end market for contemporary homes.
His development company, now in its sixth year, caters to billionaires who pay tens of millions for his move-in-ready homes stocked with countless amenities and hand-picked designer wares. Two years ago, Minecraft creator Markus Persson paid $70 million for a Makowsky-built house in Beverly Hills.
Sitting on roughly an acre of grounds, the new project took four years and 250 workers to reach completion. The end result has 12 bedrooms and 21 bathrooms in 38,000 square feet of Willy Wonkalike living space.
Offered with every bell and whistle, the contemporary showplace features a four-lane bowling alley, a 40-seat 4K Dolby Atmos theater, two stocked champagne/ wine cellars and a massive candy wall — a signature of the developer. An auto gallery sports a $30-million collection of exotic cars and motorcycles. And that’s just the first floor. Custom-built furnishings, lavish fixtures and walls of imported stone change from room to room. There are more than 100 art installations ranging from an actual decommissioned helicopter to an interactive depiction of the Seven Dwarfs.
Massive terraces take 270 degrees of city-to-ocean views. A pop-up outdoor movie screen and swim-up bar accompany the 85foot-long glass-tiled swimming pool.
Makowsky bought the site four years ago from football-playerturned-talk-show-host Michael Strahan for $11 million cash.