Nile Niami’s latest spec home asks $100M

Los Angeles /
Feb.February 21, 2017 01:00 PM

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]


Related Articles

arrow_forward_ios
Nile Niami with 9066 St. Ives Drive and 1369 Londonderry Place (Getty, Redfin, Altman Brothers)

Party foul: Nile Niami fined for large gatherings at luxury homes

Party foul: Nile Niami fined for large gatherings at luxury homes
Nile Niami and "The One" mansion (Getty)

Niami’s “The One” to hit market

Niami’s “The One” to hit market
Nile Niami and 1175 N Hillcrest Road (Getty, Redfin)

Niami’s Opus megamansion sells to prolific SoCal investor

Niami’s Opus megamansion sells to prolific SoCal investor
Nile Niami and his Bel Air spec home (Credit: Araya Diaz/Getty Images, Juwan Li and Marc Angeles)

Compass lending service sues Nile Niami over Bel Air mansion

Compass lending service sues Nile Niami over Bel Air mansion
The living room at the Opus (Credit: JIM BARTSCH via Forbes)

Spec mansion marketing shifts from champagne fridge to organic pantry

Spec mansion marketing shifts from champagne fridge to organic pantry
Nile Niami and his Bel Air spec home (Credit: Getty Images, Juwan Li and Marc Angeles)

Niami’s $65M spec mansion that shall remain nameless hits market

Niami’s $65M spec mansion that shall remain nameless hits market
Max Fowles-Pazdro and the spec home in Beverly Hills Post Office

Amid stalling luxury market, Beverly Hills spec home trades for $43M

Amid stalling luxury market, Beverly Hills spec home trades for $43M
Nile Niami and 1175 N Hillcrest Road (Credit: Redfin)

Nile Niami thought his $60M Beverly Hills spec mansion listing was too low. He fixed that

Nile Niami thought his $60M Beverly Hills spec mansion listing was too low. He fixed that
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...