--- title: This Is America's Biggest, Priciest New Home description: A 100,000-square-foot megamansion in Bel Air, Calif., is being built by film producer and real estate developer Nile Niami, who wants to put the property up for sale for a record-high $500 million. authors: - name: Brad Tuttle role: Senior Editor url: https://money.com/author/brad-tuttle/ bio: Brad Tuttle is a former senior editor at Money with over 10 years’ experience covering a vast number of personal finance topics, including careers, cars, travel, budgeting, investing, insurance, credit cards, consumer psychology, real estate, banking, and shopping and deals. education: Columbia University School of Journalism, MS at_money_since: 2014 articles: 366 covers: - Housing - Banking - Business - Career Advice - Credit - Credit Cards - Economy and Politics - Education - Health and Wellness - Identity Theft - Insurance - Investing - Lifestyle - Loans - Mortgages - Personal Finance - Pets - Professional Services - Retirement - Shopping - Taxes - Technology social: - https://twitter.com/bradrtuttle - https://linkedin.com/in/brad-tuttle-834b225 former_staff: true published: '2015-05-28T15:59:41.000Z' modified: '2015-05-28T15:59:41.000Z' section: Housing tags: - California Real Estate - conspicuous consumption - home prices - mansions - pubdesk - real estate word_count: 356 canonical: https://money.com/california-megamansion-500-million/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![Construction continues at a home being built by Nile Niami, a film producer and speculative residential developer, in this aerial photograph taken in Bel Air, California, U.S., on Monday, May 18, 2015. Niami, who hopes to sell the house for a record $500 million, is pouring concrete in L.A.s Bel Air neighborhood for a compound with a 74,000-square-foot (6,900-square-meter) main residence and three smaller homes, according to city records.](https://img.money.com/2015/05/150528_rea_mansion.jpg) *Construction continues at a home being built by Nile Niami, a film producer and speculative residential developer, in this aerial photograph taken in Bel Air, California.* When the [*Los Angeles Business Journal*](http://la.curbed.com/archives/2014/06/the_biggest_house_in_the_us_is_now_being_built_in_bel_air.php) reported last summer that work had gotten under way on a megamansion construction project in Bel Air, Calif., the property was expected to measure around 85,000 square feet, including a 70,000-square-foot main house. The [*New York Times*](http://www.nytimes.com/2014/12/07/style/in-los-angeles-a-nimby-battle-pits-millionaires-vs-billionaires.html?_r=1) wrote about the NIMBY issues being raised by property last December, when the expected listing price was estimated at $150 million. These numbers are enormous, astronomical, absurd—hard for the average person to fathom, let alone afford. Yet apparently, these figures were on *the low side*. The latest on the property, as reported by [*Bloomberg News*](http://www.bloomberg.com/news/articles/2015-05-26/california-dreaming-record-500-million-tag-on-l-a-home), has it that the compound will exceed 100,000 square footage of living space, including a 74,000-square-foot main residence and three smaller houses on the four-acre property. If this turns out to be true, the Bel Air property would trump the notorious 90,000-square-foot estate in Orlando featured in the documentary [T*he Queen of Versailles*](http://entertainment.time.com/2012/07/19/the-queen-of-versailles-how-the-biggest-house-in-america-became-a-brokedown-palace/) for the title of America's largest recently built home. (The [White House](http://www.whitehousehistory.org/history/white-house-facts-trivia/facts-white-house-dimensions.html), by the way, is a mere 55,000 square feet.) What's more, the developer, film producer and speculative real estate investor Nile Niami, says that $150 million is chump change. He plans on putting the property on the market for the more fitting sum of $500 million. Bear in mind that the most expensive price ever paid for a home was $221 million for a London penthouse in 2011, and that no home in the U.S. is currently listed for more than $200 million. In any event, what does one get in a Bel Air megamansion that measures potentially 100,000 square feet and costs potentially $500 million? Here are some of the key figures: • 30-car garage • 5,000-square-foot master bedroom • 4 swimming pools, including a 180-foot infinity pool • 1 "jellyfish room" with glass fish tanks on three sides • 45-seat IMAX-style home theater • 360-degree views of the Pacific Ocean, Beverly Hills, downtown L.A. • 74,000-square-foot main mansion • 100,000+ total square feet on property's four homes • 8,500-square-foot private nightclub inside the mansion • 40,000 cubic yards of earth to be removed for construction • $500 million expected listing price ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/california-megamansion-500-million/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Housing", "item": "https://money.com/housing/" }, { "@type": "ListItem", "position": 3, "name": "Home Prices", "item": "https://money.com/home-prices/" }, { "@type": "ListItem", "position": 4, "name": "This Is America's Biggest, Priciest New Home" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/california-megamansion-500-million/#webpage", "url": "https://money.com/california-megamansion-500-million/", "name": "This Is America's Biggest, Priciest New Home", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2015-05-28T15:59:41.000Z", "mainEntity": { "@id": "https://money.com/california-megamansion-500-million/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/california-megamansion-500-million/#breadcrumb" }, "dateModified": "2015-05-28T15:59:41.000Z" }, { "@type": "Article", "headline": "This Is America's Biggest, Priciest New Home", "articleSection": "Housing", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2015/05/150528_rea_mansion.jpg", "width": 2100, "height": 1402, "caption": "150528_REA_Mansion" } ], "author": [ { "@type": "Person", "name": "Brad Tuttle", "url": "https://money.com/author/brad-tuttle/", "@id": "https://money.com/author/brad-tuttle/#author", "description": "Brad Tuttle is a former senior editor at Money with over 10 years’ experience covering a vast number of personal finance topics, including careers, cars, travel, budgeting, investing, insurance, credit cards, consumer psychology, real estate, banking, and shopping and deals.\r\n\r\n", "image": "https://img.money.com/2014/01/Brad-Tuttle.png?w=226&h=247&crop=1", "alumniOf": "Columbia University School of Journalism, MS", "sameAs": [ "https://twitter.com/bradrtuttle", "https://linkedin.com/in/brad-tuttle-834b225" ] } ], "publisher": "https://money.com/#organization", "datePublished": "2015-05-28T15:59:41.000Z", "description": "A 100,000-square-foot megamansion in Bel Air, Calif., is being built by film producer and real estate developer Nile Niami, who wants to put the property up for sale for a record-high $500 million.", "abstract": "A 100,000-square-foot megamansion in Bel Air, Calif., is being built by film producer and real estate developer Nile Niami, who wants to put the property up for sale for a record-high $500 million.", "@id": "https://money.com/california-megamansion-500-million/", "inLanguage": "en-US", "dateModified": "2015-05-28T15:59:41.000Z", "wordCount": 356, "keywords": [ "California Real Estate", "conspicuous consumption", "home prices", "mansions", "pubdesk", "real estate" ], "about": [ { "@type": "Thing", "name": "Housing in the United States", "sameAs": [ "https://en.wikipedia.org/wiki/Housing_in_the_United_States" ] }, { "@type": "Thing", "name": "Real estate economics", "sameAs": [ "https://en.wikipedia.org/wiki/Real_estate_economics" ] } ] } ] } ```