500million Rendering: Bloomberg via McClean Design

Nile Niami, a residential developer and film producer, has started work on a mansion with a $500 million asking price in Los Angeles’ Bel Air neighborhood. If it sells at asking, it will be the most expensive home ever sold, according to Bloomberg.

The main house will measure 74,000 square feet, while the entire compound will total a whopping 100,000 square feet. The estate will also encompass three smaller homes, a Monaco-style casino, a 30-car garage and a 5,000 square-foot bedroom. Also in the plans are four swimming pools including a 180-foot infinity pool.

500million5 Rendering: Bloomberg via McClean Design

500million3 Rendering: Bloomberg via McClean Design

The structures will sit atop a four-acre lot with panoramic views of the ocean, Beverly Hills, downtown LA and the San Fernando Valley. About 20,000 square feet of grass will cover the lot.

Part of the plan is to dig up 40,000 cubic yards of earth to make room for the estate. To put that into perspective, imagine a football field covered in a layer of 20 feet of dirt.

The compound will take another 20 months to complete. When it’s finished, it will be the largest home built in the 21st century in the US.

With $500 million you could easily buy the six most expensive new construction penthouses in Manhattan and still have plenty of pocket change to furnish each of them. Have a look at the penthouse floorplans below.

432 Park Avenue, $81 million


432 Park Avenue, $76.5 million


520 Park Avenue, $70 million


Puck Penthouses, $66 million

293 Lafayette Street Floorplan

Baccarat Hotel and Residences, $60 million

Baccarat Floorplan

The Mark Hotel, $60 million

The Mark Floorplan

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