Niall Niami’s “The One,” the end of all megamansions, is finally on the market for $225 million. But you can never go inside.
Unless you can write more zeros into your bank account than the GDP of a small country, you’ll never be able to walk the hallways of a 105,000 square foot glass and marble fortress. Unless you can get representation from one of LA’s top real estate agents and celebrities, you’ll never get a glimpse of the nightclub, moat, six-hole putting green, golf simulator, or bowling alley. , candy room or multiplex-sized movie theater.
The One and its myriad luxuries are reserved for chieftains, aristocrats, celebrities and CEOs. But that doesn’t mean you can’t spend this weekend touring some of LA’s other mansions on the market.
At any given time, Southern California has hundreds of great properties for sale in hot and cold markets. And every weekend, dozens of these homes open to the public, allowing potential buyers, or people bored on a Sunday afternoon, to experience the luxury reserved for the ultra-wealthy.
The $33.95 million property will have an open house on Sunday.
(Jim Birch)
Take it from a luxury real estate reporter who lives with a roommate. There’s a strange thrill that comes with entering a space meant for people who live in several tax brackets above you. If developers are so insistent on cramming huge homes onto small lots and replacing the few empty hills left in Los Angeles with gigantic monuments of extravagance and excess, why should the general public at least afford such real estate? Shouldn’t we be able to witness it?
Voyeurism in online photo galleries is great, but seeing it in person is even more surreal. The scenery has improved. The cavernous floor plan is staged and more impressive, ready to attract wealthy buyers.
Typically, open houses for properties valued at $10 million or more are either by appointment or reserved for other real estate agents, but the sheer number of homes on the market in Southern California means that open houses open by the dozens every weekend. The mansion is open to the public.
It couldn’t be easier to find. Just click on this link and real estate database Redfin will automatically search for open houses in LA County this weekend, sorted from most expensive to least expensive. This weekend, for example, anyone can tour a $34 million modern mansion in Beverly Hills, a $22.5 million estate in Holmby Hills, and a $17.4 million retreat above the Sunset Strip.
As of Thursday, there were eight properties listed with open houses this weekend, priced at $10 million or more. Entry is as simple as driving in, wearing a mask, and filling out your name on the sign-in sheet.
The agency at 410 Doheny Road, listed for $17.38 million, is hosting an open house on Sunday.
(Sean Gordon, Sotheby’s International Realty)
Douglas Elliman’s Marcy Ross, who is co-listing a $22.5 million complex in Holmby Hills, doesn’t usually host open houses for such expensive properties, but she recently hosted an agent-only She said she wanted to do so after more than 100 brokers flocked to her private showing. The public will have a chance to see the place.
“For a while, due to the pandemic, we were only able to do virtual screenings or private appointments,” Ross said. “But people like open houses because they can come whenever they want and explore at their own pace.”
Ross added that ultra-luxury properties typically have a mix of serious buyers and casual passersby who are simply looking for design ideas.
But the last open house for the $13 million property received three offers and was under contract in less than a week. She expects a few more offers to come in as an open house will be held Sunday from 2 to 4 p.m.
The home measures 13,000 square feet and features custom accents including a three-story water wall and a hand-hammered concrete sink. There’s also a movie theater, gym, elevator, pet spa, and six fire pits.
The $9 million property at 1332 Allenford Avenue in Brentwood will have an open house this weekend.
(Christopher Amitrano/CS8 Photo)
John Giddins of Sotheby’s International Realty, who is listing a $17.4 million home on the Sunset Strip, typically sets the minimum price for an open house to the public at about $10 million. has decided to hold an open house at the residence on Sunday from 2 to 5 p.m.
He stays busy with listings, holding events for agents twice a month and open houses once a month, in addition to holding private showings for serious buyers. Last show, we rolled up the Beignet Box food truck for beignets and coffee.
“We’re running flat out at the moment,” Giddins said. “Open houses were difficult during the pandemic because only a few people were allowed in at a time, but now they are wide open.”
He is well aware that the 60 or so people who usually come to his open houses include some “lookers,” or people looking around without intending to buy. But as long as everyone behaves well, I don’t mind. Open house horror stories include incidents such as squatters and children jumping on beds with dirty shoes.
“I always tell my clients to hide their jewelry before an open house. I once had a watch in Cheviot Hills, and the seller there had it stolen,” Giddins said. Ta.
Compass agent Lucas Cintra doesn’t mind casual-looking people. He welcomes them. He’s hosting an open house for his brand new three-story mansion in Brentwood on Sunday from 2 to 5 p.m., and he’s hoping to draw as large a crowd as possible.
“You never know who a person will tell or who they know,” he said. “Plus, if I lived in the neighborhood and had seen homes being built over the past three years, I would be interested, too.”
