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$119,950,000

Beds
12
Baths
17.0
sq ft
Unknown

1200 Bel Air Rd, Los Angeles, CA 90077

1200 Bel Air Rd

Los Angeles, CA 90077

  • 107 days on market
La Fin, translated as "The End", aims to provide accommodation and entertainment on a scale comparable only to the world's finest hotels. An extraordinary estate perched atop Bel Air, redefines luxury living with unparalleled sophistication and breathtaking views of Los Angeles and Century City. This meticulously crafted residence, which took over five years to complete, epitomizes opulence with 12 bedrooms, 17 baths. Every corner of La Fin exudes extravagance, from its grand glass-walled entryway and a majestic 44-foot crystal chandelier to a sprawling formal living room adorned with shimmering chandeliers and hand-carved stone latticework around a monumental fireplace. The estate's lower level dedicated to entertainment and wellness, featuring a state-of-the-art wine cellar with a stunning Murano glass installation, a climate-controlled cigar lounge, and a sleek vodka tasting room. A fully equipped fitness center includes a climbing wall, Peloton bikes, steam room, and a spa, while a sound-proof cinema with motorized Belgian leather seating promises cinematic indulgence. These numerable elements, however, are only the beginning of the home's superlative qualities, which extend to the bespoke furnishings created by the Italian artisan workshop La Contessina. Upstairs, the private quarters offer respite with a lavish primary suite boasting floor-to-ceiling lacquered Italian oak walls, a Portuguese marble fireplace, and boutique-worthy walk-in closets. The spa-like bathroom showcases bookmatched Calacatta gold marble, and a soaking tub carved from a single block of stone. Outdoors, La Fin transforms into an oasis of relaxation and entertainment with motorized Fleetwood pocket doors blurring the line between interior and exterior spaces. The infinity-edge pool overlooks a 23-foot retractable LED screen and an outdoor bar with swing seats, while a fire pit lounge provides warmth and ambiance. On the rooftop, a deck with built-in seating, a fire pit, and a spa offers panoramic views, ensuring every moment is a celebration of luxury and privacy. Security features such as fingerprint technology, an on-site caretaker residence, and a dedicated security command center provide peace of mind in this unparalleled retreat in the heart of Bel Air.

Details

Property type

Single Family Residence

Est. home value

$12,377,336

Property condition

New Construction

Lot size

2.0819 acres

Price per sq ft

Unknown

Year built

2021

HOA

No

Price History

09/09/2024
CLAW

CLAW #24435437

Listed
$119,950,000
-13.71%
09/05/2024
CLAW

CLAW #24402569

Removed
$139,000,000
06/17/2024
CLAW

CLAW #24402569

Listed
$139,000,000

Schools & Community

Neighborhood: 

Bel Air

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$109,245,518
Asking price
$119,950,000
Closing costs (~8% of asking)
-$9,596,000
Est. remaining loan balance
-$1,108,482
Cash to seller
$109,245,518

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Republic Bank

Loan start date

January 2023

Original loan amount

$25,000,000

Est. remaining balance

$1,108,482

Interest rate

6.58%

Loan type

New Conventional, 2 year

Seller

Ashley Ridge Land Lp

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/25/2024 at 11:25 PM

Listing updated: 12/04/2024 at 7:35 PM

Listed by: Marc Noah, Sotheby's International Realty Phone #: (310) 724-7000

MLS: CLAW #24435437

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