After long years, the 100,000-square-foot mansion in Bel-Air is getting the finishing touches on it. You can thank former movie producer Nile Niami for this masterpiece that he titled “The One” and it currently is going for $500 Million!
After several delays with permitting problems, construction, and financing, there were questions about if this Los Angeles giant would ever be finished. However; The One is here and should be finished soon according to Nile.
The seven years of development show not only in its otherworldly appearance from the outside, but also from the amenities inside. The One comes with a nightclub, four swimming pools, a bowling alley and 360-degree vistas of Southern California.
The thought had occurred to Nile to add even more amenities because there is plenty of room and his imagination is limitless. But overall he is happy with the home and mentions that more amenities could potentially narrow the pool of potential buyers. A pool of buyers which is small to begin with. He would rather let the buyer choose how they would like to customize their home.
Ready for the Market
Many have come to question Nile’s price tag on the new mega-mansion. But the developer is not backing down. He has this to say to critics:
“When you have something as rare as the mona lisa, you can command whatever you want”Nile Niami
This mansion is truly one of a kind and it will continue to be. Los Angeles is limited the construction of new mega-mansions from this point on, so it can never be replicated. Needless to say, Nile will not back down from his lofty $500 Million price tag he originally set back in 2015.