The One: The Most Expensive Home In Los Angeles

The One is a recently completed residential estate in the Bel Air neighborhood of Los Angeles. After nearly a decade of development, it has earned the title of the world’s largest and most expensive home. Spanning an impressive 105,000 square feet, this property rests on five acres of land and is uniquely surrounded on three sides by a moat, giving it a floating appearance above the city. The construction of The One took eight years and involved the hard work of around 600 people.

Developed by Nile Niami and designed by architect Paul McClean along with interior designer Kathryn Rotondi, The One is currently on the market for a staggering $340 million. The estate features magnificent 26-foot-high ceilings that offer panoramic 360-degree views of the ocean, downtown Los Angeles, and the majestic San Gabriel Mountains.

The design choices made by Niami include a neutral color palette of gray, black, and white, allowing the breathtaking views to take center stage in the home’s overall aesthetic. Furthermore, the living and entertainment spaces are distinctly separated, with the entertainment areas located on the lower level for a more private atmosphere.

Impressive Features of The One

The One boasts an astonishing 21 bedrooms and 42 bathrooms, making it not only luxurious but also incredibly spacious. The estate consists of four separate structures, with the main house alone covering 74,000 square feet. Its master suite spans 5,500 square feet, complete with several bathrooms, two walk-in closets, and its very own infinity pool.

Additionally, the garage can accommodate up to 30 cars, while the estate features a four-lane bowling alley, a movie theatre that can seat 30 guests, a private nightclub, and a philanthropy wing designed to host charity galas for up to 200 people. Outside, residents can enjoy a 10,000 square foot sky deck and five swimming pools, creating a resort-like atmosphere.

The interior of The One is crafted to resemble a high-end luxury hotel, featuring an impressive art collection and bespoke furniture sourced from byShowroom. The overall design and amenities reflect opulence and sophistication, making it a true masterpiece in residential architecture.

The Future of The One

Due to recent changes in city ordinances, The One will hold the distinction of being the largest residence in Los Angeles indefinitely. This not only solidifies its status but also ensures that no home of this size will ever be constructed again in the city, making The One a unique investment opportunity.

Initially, in 2018, there were reports that The One would hit the market for $500 million while still under construction. However, it has now officially been listed for $340 million, making it the priciest home in the United States.

The Visionary Behind The One: Nile Niami

The One was developed by Nile Niami, who embarked on his career as a film producer before transitioning into real estate development. Niami has gained a reputation for creating extravagant mansions in Los Angeles, each costing over $100 million. He began his real estate journey by flipping affordable homes in the suburbs of L.A.

His first notable success came in 2012 when he sold a home to the Winklevoss twins for $18 million. Following that, he continued to achieve remarkable sales, including a custom-built mansion sold to P. Diddy for $39 million in 2014 and a Beverly Hills mansion for $38.3 million in 2016. In 2017, he sold a $26 million home to Floyd Mayweather and completed the $100 million Opus home in Beverly Hills.

Conclusion

The One is more than just a home; it represents a pinnacle of luxury living and real estate innovation. With its vast size, stunning design, and impressive amenities, it captures the imagination of many. As the largest and most expensive home currently on the market, The One is a testament to what can be achieved in residential architecture when vision meets execution.