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Firm tied to Maggie Gong Miracle asks $185M for Bel-Air estate

35K sf mansion and guest house, dubbed La Vue, has never been occupied

869 Tione Road in Los Angeles with Joyce Rey of Coldwell Banker Realty

869 Tione Road in Los Angeles with Joyce Rey of Coldwell Banker Realty (Joyce Rey, Google Maps)

UPDATED: May 26 at 10:45 a.m.:

Chinese-born investor Maggie Gong Miracle has aimed for the stars with a 35,000-square-foot Bel-Air mansion listed at $185 million.

An unidentified limited liability company tied to Miracle will soon list the hilltop estate at 869 Tione Road, the Wall Street Journal reported.

Miracle is known for proposing to build an $800-million, egg-shaped office tower in Hollywood , a proposed project known as The Star. The 22-story building on Sunset Boulevard is in the approvals pipeline.

The mansion she is peddling sits on a nearly 3-acre estate in Bel-Air, and includes an eight-bedroom, three-story mansion, plus a guesthouse and “wellness facility.” The property, dubbed La Vue, has never been lived in, brokers say.

Brokers Joyce Rey of Coldwell Banker Realty and James Harris and David Parnes of the Agency will hold the listing. There’s no mention of the mansion on their websites.

The curving white megamansion has blocks of concrete segments with floor-to-ceiling windows looking onto Los Angeles, according to a photo. The matching guesthouse looks down on a 105-foot pool and tennis court.

The foyer of the main house has a curved limestone staircase, a chandelier, and a fresco painted on the walls, Rey told the Journal.

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The living room has two 16-foot marble fireplaces made of stone from a quarry outside Rome. There’s also a living garden wall and an office with a 1,600-square-foot deck. 

The master bedroom comes with a sauna and steam room and can be closed off from the rest of the estate with facial recognition software.

The mansion sits above a 174-foot curved lap pool on grounds that contain a fitness room, theater and a dining alcove in an olive grove. 

The property once contained a midcentury-modern home, built in 1961, designed by Richard Dorman. The 4,700-square-foot house, listed by Rey, sold in 2014 for $10.7 million.

It was replaced by a home that closely resembles plans by developers Michael Palumbo and Jay Belson, who in 2016 listed an yet-to-be-built spec home for $100 million, for which Rey also shared the listing, according to Forbes. The developers offered as an alternative a $32 million of the lot  and plans.

It’s not clear which developer built the 29,600-square-foot contemporary-style mansion, designed by Shubin Donaldson, based in Culver City, or when Miracle bought the property.The record price for a L.A.-area home was set this month when Beyoncé and Jay-Z paid $200 million for a beachfront estate in Malibu designed by a Tadao Ando. A Malibu estate owned by former Disney CEO Michael Eisner has been listed for $195 million, down from $225 million.

CORRECTION: Previous story had incorrect address for Tione Road property.

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Maggie Gong Miracle
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Luxury Real Estate