Listed at $75M, LA’s biggest spec house was built to be the ultimate “billionaire entertainer’s paradise”

Home with 21 bathrooms and indoor basketball court is bigger than Makowsky's $250M listing nearby

TRD MIAMI /
Mar.March 24, 2017 08:45 AM

From the Los Angeles website: The biggest spec home in Los Angeles, located near the Hotel Bel Air, is now for sale for $75 million.

Listed and developed by Ty Cueva of Westside Property Group, the 40,000-square-foot modern Spanish villa contains a whopping 21 bathrooms and eight bedrooms. It has an indoor basketball court, recording studio, wine cellar with tasting room, full-service salon, spa with sauna, gym, movie theatre, service kitchen, and a security room next to its car gallery.

There are six bars throughout the home, and two pools — an outdoor infinity pool with waterfall and an indoor salt water lap pool. The estate has arched doorways both inside and out.

The home is the only available spec home with a basketball court and indoor pool, Cueva told The Real Deal.

“‘Billionaire entertainer’s paradise’ — that’s what we went for,” he said. What’s also notable, he added, is the Spanish modern style, as most specs  tend to be contemporary in style.

The house at 10697 Somma Way sits on a 1.3-acre lot. Cueva built it in collaboration with Dean Hallo of Hallo Construction. The property last changed hands for $1.25 million in 2013, property records show.

Like any massive project in L.A., this one did not evade controversy. Residents on Somma Way protested the development when it was being built in 2014, lamenting the disruption that its excavation would bring.

When the L.A. Board of Building and Safety Commissioners approved the endeavor, the Bel Air Homeowners Alliance sued the agency, along with the Land Use Management Committee and the purveyors of the project, according to the Beverly Hills Courier. But the suit was soon settled when the builders worked out an arrangement, Cueva said.

A $100 million spec house hit the market last month in Trousdale Estates. Dubbed “Opus,” the 20,500-square-foot home was developed by Nile Niami. The steep price tag accounts for not only the seven-bedroom mansion but also $2 million worth of artwork, a gold Lamborghini Aventador, and a gold Rolls-Royce Dawn. And in January, developer Bruce Makowsky unveiled the most expensive listing currently in America: a 38,000-square-foot palace in Bel Air that asks $250 million.

Niami announced plans in 2015 for a 104,000-square-foot, $500 million spec home, but the development has not officially hit the market.


Related Articles

arrow_forward_ios
58 La Gorce Circle Miami Beach & Bart Reines (Credit: Google Maps)

Luxury homebuilder Bart Reines buys waterfront LaGorce Island home

Luxury homebuilder Bart Reines buys waterfront LaGorce Island home
Mark Pulte & 701 South Ocean Boulevard, Delray Beach (Credit: Google Maps)

Mark Pulte’s homebuilding firm buys Delray Beach oceanfront lot for $11M

Mark Pulte’s homebuilding firm buys Delray Beach oceanfront lot for $11M
1556 North Ocean Boulevard (Credit: Google Maps)

Wife of South Florida builder sells Palm Beach spec home for $7M

Wife of South Florida builder sells Palm Beach spec home for $7M
From left: Todd Glaser, Rony Seikaly, and Kobi Karp (Credit: Rodrigo Varela/WireImage via Getty Images, and Patrick McMullan via Getty Images)

Kobi Karp sells waterfront Sunset Islands home to Todd Glaser, Rony Seikaly

Kobi Karp sells waterfront Sunset Islands home to Todd Glaser, Rony Seikaly
Todd Michael Glaser and Rony Seikaly, with the home (Credit: John Parra/WireImage via Getty Images)

Tampa Bay Rays co-owner buys waterfront Miami Beach spec mansion for $14M

Tampa Bay Rays co-owner buys waterfront Miami Beach spec mansion for $14M
22 Star Island and Stuart Miller

Lennar chairman Stuart Miller sells waterfront Star Island mansion for $50M

Lennar chairman Stuart Miller sells waterfront Star Island mansion for $50M
Rendering of 259 Pendleton Ave. with Jonathan Fryd, Todd Glaser and Scott Robins (Glaser by Mary Beth Koeth)

Todd Glaser, partners buy Palm Beach lot to build spec home

Todd Glaser, partners buy Palm Beach lot to build spec home
rank McKinney, 3492 South Ocean Boulevard (Credit: Google Maps)

Frank McKinney sells South Palm Beach spec home with jellyfish tank

Frank McKinney sells South Palm Beach spec home with jellyfish tank
arrow_forward_ios

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

Loading...