{"id":114253,"date":"2026-05-01T22:05:23","date_gmt":"2026-05-01T22:05:23","guid":{"rendered":"https:\/\/christiancorner.us\/index.php\/2026\/05\/01\/in-bel-air-400-million-mega-mansion-aims-to-set-national-price-record\/"},"modified":"2026-05-01T22:06:33","modified_gmt":"2026-05-01T22:06:33","slug":"in-bel-air-400-million-mega-mansion-aims-to-set-national-price-record","status":"publish","type":"post","link":"https:\/\/christiancorner.us\/index.php\/2026\/05\/01\/in-bel-air-400-million-mega-mansion-aims-to-set-national-price-record\/","title":{"rendered":"In Bel-Air, $400 million mega-mansion aims to set national price record"},"content":{"rendered":"<p>\n<\/p>\n<div data-element=\"story-body\" data-subscriber-content=\"\">\n<p>What does $400 million buy in Bel-Air? Thirty-nine bedrooms, 59 bathrooms, 70,000 square feet and a piece of history.<\/p>\n<p>mega-mansion, which <a rel=\"nofollow noopener\" target=\"_blank\" class=\"link\" href=\"https:\/\/www.redfin.com\/CA\/Los-Angeles\/11201-Chalon-Rd-90049\/home\/51587454\"><u>came up for sale this week<\/u><\/a>Attempting to become the most expensive home sale in US history. The current record is held by Ken Griffin, who paid <u>$238 million<\/u> for a New York City penthouse in 2019, while the California record belongs to Oakley founder James Jannard, who sold his Malibu mansion <u>$210 million<\/u> In 2024.<\/p>\n<p>The house serves as the family compound of the Al-Thanis, an extremely wealthy family that has ruled the oil-rich nation of Qatar since the 19th century. This is just a small part of his international collection of assets, which includes hotels, resorts, yachts, thoroughbreds, a French football team and the Miramax film studio.<\/p>\n<p>LA has long served as a luxury playground for the royal family. In 2011, the teenage prince, Sheikh Khalifa bin Hamad bin Khalifa Al Thani, arrived at USC with a small army of servants for undergrads replete with luxury luxury suites, exotic cars and a full-time residence at the Beverly Wilshire Hotel. (A <u>Times investigation<\/u> Questions were raised about his degree after he was allowed to skip class for security reasons and he received a master&#8217;s degree for a period in which he never stepped foot on campus.)<\/p>\n<div class=\"enhancement\" data-click=\"enhancement\" data-align-center=\"\">\n<figure class=\"figure m-0\"> <picture><source type=\"image\/webp\" srcset=\"https:\/\/ca-times.brightspotcdn.com\/dims4\/default\/f210b1b\/2147483647\/strip\/true\/crop\/4800x4759+0+0\/resize\/320x317!\/format\/webp\/quality\/75\/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2F60%2F40%2F81fdf7e44e3888a07a0644a2aa55%2F11201chalonroad334.jpg 320w,https:\/\/ca-times.brightspotcdn.com\/dims4\/default\/19953e4\/2147483647\/strip\/true\/crop\/4800x4759+0+0\/resize\/568x563!\/format\/webp\/quality\/75\/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2F60%2F40%2F81fdf7e44e3888a07a0644a2aa55%2F11201chalonroad334.jpg 568w,https:\/\/ca-times.brightspotcdn.com\/dims4\/default\/25651a5\/2147483647\/strip\/true\/crop\/4800x4759+0+0\/resize\/768x762!\/format\/webp\/quality\/75\/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2F60%2F40%2F81fdf7e44e3888a07a0644a2aa55%2F11201chalonroad334.jpg 768w,https:\/\/ca-times.brightspotcdn.com\/dims4\/default\/7c190c8\/2147483647\/strip\/true\/crop\/4800x4759+0+0\/resize\/1024x1015!\/format\/webp\/quality\/75\/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2F60%2F40%2F81fdf7e44e3888a07a0644a2aa55%2F11201chalonroad334.jpg 1024w,https:\/\/ca-times.brightspotcdn.com\/dims4\/default\/39d6cc3\/2147483647\/strip\/true\/crop\/4800x4759+0+0\/resize\/1200x1190!\/format\/webp\/quality\/75\/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2F60%2F40%2F81fdf7e44e3888a07a0644a2aa55%2F11201chalonroad334.jpg 1200w\" sizes=\"100vw\"\/><\/picture>\n<div class=\"figure-content\">\n<p>The eight-acre complex includes a tennis court and several pools with sweeping views.<\/p>\n<p>(Simon Berlin)<\/p>\n<\/p><\/div>\n<\/figure><\/div>\n<p>Al-Thanis purchased the property as a vacant lot in 2010 for $35 million. According to real estate agent Jack Harris, who shares the listing with Michael Fahimian, he invested $430 million in the property over the course of nearly a decade, with an unlimited budget of time and money.<\/p>\n<p>Harris could not disclose details about the owners, but said they wanted to create &#8220;the best home L.A. has ever seen.&#8221;<\/p>\n<p>Completed in 2018, the complex sits on a sprawling eight acres overlooking the Bel-Air Country Club. There is a 23-bedroom main house, a 16-bedroom guesthouse and a range of amenities including a movie theatre, wellness facility, tennis courts and multiple swimming pools.<\/p>\n<p>Outside, sculptured lawns provide views from Downtown LA to Catalina Island.<\/p>\n<p>So why are they selling it after pouring millions of dollars into the property over the better part of a decade? &#8220;They don&#8217;t utilize the assets as much as expected,&#8221; Harris said.<\/p>\n<div class=\"enhancement\" data-click=\"enhancement\" data-align-center=\"\">\n<figure class=\"figure m-0\"> <picture><source type=\"image\/webp\" srcset=\"https:\/\/ca-times.brightspotcdn.com\/dims4\/default\/ffd7ef9\/2147483647\/strip\/true\/crop\/8215x5289+0+0\/resize\/320x206!\/format\/webp\/quality\/75\/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2F48%2F6b%2Fa21523fb4ed1b5bbf171eae6811b%2F11201chalonroad055.jpg 320w,https:\/\/ca-times.brightspotcdn.com\/dims4\/default\/01291b6\/2147483647\/strip\/true\/crop\/8215x5289+0+0\/resize\/568x366!\/format\/webp\/quality\/75\/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2F48%2F6b%2Fa21523fb4ed1b5bbf171eae6811b%2F11201chalonroad055.jpg 568w,https:\/\/ca-times.brightspotcdn.com\/dims4\/default\/078a9b8\/2147483647\/strip\/true\/crop\/8215x5289+0+0\/resize\/768x495!\/format\/webp\/quality\/75\/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2F48%2F6b%2Fa21523fb4ed1b5bbf171eae6811b%2F11201chalonroad055.jpg 768w,https:\/\/ca-times.brightspotcdn.com\/dims4\/default\/e4ac891\/2147483647\/strip\/true\/crop\/8215x5289+0+0\/resize\/1024x660!\/format\/webp\/quality\/75\/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2F48%2F6b%2Fa21523fb4ed1b5bbf171eae6811b%2F11201chalonroad055.jpg 1024w,https:\/\/ca-times.brightspotcdn.com\/dims4\/default\/3adddc8\/2147483647\/strip\/true\/crop\/8215x5289+0+0\/resize\/1200x773!\/format\/webp\/quality\/75\/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2F48%2F6b%2Fa21523fb4ed1b5bbf171eae6811b%2F11201chalonroad055.jpg 1200w\" sizes=\"100vw\"\/><img loading=\"lazy\" class=\"image\" alt=\"The owner invested $430 million in the property over the course of nearly a decade.\" srcset=\"https:\/\/ca-times.brightspotcdn.com\/dims4\/default\/88f61dd\/2147483647\/strip\/true\/crop\/8215x5289+0+0\/resize\/320x206!\/quality\/75\/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2F48%2F6b%2Fa21523fb4ed1b5bbf171eae6811b%2F11201chalonroad055.jpg 320w,https:\/\/ca-times.brightspotcdn.com\/dims4\/default\/5bd93ec\/2147483647\/strip\/true\/crop\/8215x5289+0+0\/resize\/568x366!\/quality\/75\/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2F48%2F6b%2Fa21523fb4ed1b5bbf171eae6811b%2F11201chalonroad055.jpg 568w,https:\/\/ca-times.brightspotcdn.com\/dims4\/default\/061d6a2\/2147483647\/strip\/true\/crop\/8215x5289+0+0\/resize\/768x495!\/quality\/75\/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2F48%2F6b%2Fa21523fb4ed1b5bbf171eae6811b%2F11201chalonroad055.jpg 768w,https:\/\/ca-times.brightspotcdn.com\/dims4\/default\/fbd3f4b\/2147483647\/strip\/true\/crop\/8215x5289+0+0\/resize\/1024x660!\/quality\/75\/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2F48%2F6b%2Fa21523fb4ed1b5bbf171eae6811b%2F11201chalonroad055.jpg 1024w,https:\/\/ca-times.brightspotcdn.com\/dims4\/default\/6b47f8c\/2147483647\/strip\/true\/crop\/8215x5289+0+0\/resize\/1200x773!\/quality\/75\/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2F48%2F6b%2Fa21523fb4ed1b5bbf171eae6811b%2F11201chalonroad055.jpg 1200w\" sizes=\"auto, 100vw\" width=\"1200\" height=\"773\" src=\"https:\/\/ca-times.brightspotcdn.com\/dims4\/default\/6b47f8c\/2147483647\/strip\/true\/crop\/8215x5289+0+0\/resize\/1200x773!\/quality\/75\/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2F48%2F6b%2Fa21523fb4ed1b5bbf171eae6811b%2F11201chalonroad055.jpg\" decoding=\"async\" loading=\"lazy\"\/>   <\/picture>\n<div class=\"figure-content\">\n<p>The owner invested $430 million in the property over the course of nearly a decade.<\/p>\n<p>(Simon Berlin)<\/p>\n<\/p><\/div>\n<\/figure><\/div>\n<p>As far as seeing if a single family home can command $400 million, or something.<\/p>\n<p>A handful of Southern California properties have targeted similar prices over the past few years and have been significantly lower. In Beverly Hills, a 157-acre estate hit the market in 2018 for $1 billion, but an ownership battle <u>sell at foreclosure auction<\/u> For $100,000. In Bel-Air, an exclusive 105,000-square-foot home was marketed for $500 million, but by the time it was completed, it was already dilapidated and finished. <u>Auctioned for 141 million dollars<\/u>.<\/p>\n<p>However, Harris said the price tag fits the property.<\/p>\n<p>&#8220;$400 million seems like an aspirational asking price, but it&#8217;s the rare home where the money put into it outweighs the price,&#8221; he said. &#8220;I&#8217;ve been to all the top properties in L.A., there&#8217;s nothing special about this one.&#8221;<\/p>\n<p>Harris said he has already received interest from several serious buyers, adding that despite the huge size, it would still be suitable for a small family.<\/p>\n<p>&#8220;People hear about 70,000 square feet and automatically think it&#8217;s not accessible, but the house lives like a family home,&#8221; he said. \u201cDon&#8217;t feel lonely.\u201d<\/p>\n<p>Since the property is located in downtown LA, the measure would subject the ULA to the &#8220;mansion tax&#8221;, a transfer tax imposed on all sales over $5.3 million. Assuming it brings in $400 million, the mansion tax alone would be $23.8 million.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>What does $400 million buy in Bel-Air? Thirty-nine bedrooms, 59 bathrooms, 70,000 square feet and a piece of history. mega-mansion, which came up for sale this weekAttempting to become the most expensive home sale in US history. The current record is held by Ken Griffin, who paid $238 million for a New York City penthouse<\/p>\n","protected":false},"author":1,"featured_media":114254,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57],"tags":[3471,27605,27606,375,1647,1708,2447,2459],"class_list":{"0":"post-114253","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bible-verse","8":"tag-aims","9":"tag-belair","10":"tag-megamansion","11":"tag-million","12":"tag-national","13":"tag-price","14":"tag-record","15":"tag-set"},"_links":{"self":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/114253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/comments?post=114253"}],"version-history":[{"count":1,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/114253\/revisions"}],"predecessor-version":[{"id":114255,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/114253\/revisions\/114255"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media\/114254"}],"wp:attachment":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media?parent=114253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/categories?post=114253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/tags?post=114253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}