Quantcast

The Real Deal Los Angeles

It’s not “The One” but Nile Niami’s new mansion is still pretty mega

The developer listed his latest spec home in Bel Air for $65M
October 02, 2018 03:00PM

Nile Niami and his $65 million spec mansion

Nile Niami has delivered another mega-mansion to the Los Angeles market, and once again it’s in Bel Air.

The prolific developer has listed a $65 million behemoth that overlooks the Bel Air Country Club, according to real estate blogger Yolanda’s Little Black Book.

It is not the $500 million Bel Air spec manse Niami has dubbed “The One,” which was expected to hit the market before the end of the year. But it’s still way over the top.

The 27,000-square-foot mansion was designed by Niami’s frequent collaborator, Paul McLean, who also designed The One.

Inside, there are eight bedrooms and expansive spaces decorated with a black and white theme, including highly polished black French Oak floors. There’s a ballroom, wine cellar, a wet bar made of black marble, and a gym. Outside there is a pool, rooftop terrace, large driveway, and landscaped lawns overlooking the golf course.

Niami is known for listing his spec projects with ambitious prices, so who knows how much this latest creation will eventually fetch. Niami’s “Opus” mansion hit the market last year for $100 million, and even it’s seriously racy promotional video couldn’t attract a buyer. He chopped $15 million off the price tag in September 2017. [Yolanda’s Little Black Book] – Dennis Lynch