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The Real Deal Los Angeles

Nile Niami’s latest spec home asks $100M

Trousdale Estates property is known as the Opus
February 21, 2017 01:00PM

The spec house at 1175 Hillcrest Road (Credit: Jim Bartsch)

From Luxury Listings NYC: How many spec homes asking nine figures can one city handle? Quite a lot it turns out.

A spec home asking $100 million hit the market, barely a month after another spec home in the city was listed for $250 million, the Wall Street Journal reported. 

Called “Opus,” the 20,500-square-foot home is in the exclusive Trousdale Estates neighborhood and comes with seven bedrooms and eleven bathroom. There’s also a slew of totally unnecessary bells and whistles that we suppose help justify its price. These include: a gold Lamborghini Aventador and a gold Rolls-Royce Dawn; $2 million worth of artwork (including three Damian Hirsts); 170 bottles of Cristal champagne; “electric toilets that do everything for you”; “a television that comes out of the ceiling and spins around 360 degrees”; and a full-time house manager, whose salary has been pre-paid for two years.

Unfortunately, the home is being listed privately so we don’t have any pictures (we’ve reached out to the broker and will update if we get some). Its developer, Nile Niami, is also building more spec homes, which he now claims he will list next year for $500 million; when we first wrote about them, they were $115 million, but we suppose they’ve gotten five times better? That’s a whole lot of Rolls Royces. [WSJ]