PHOTO: Financier Gary Winnick’s 40,000-square-foot trophy perched above the Bel-Air Country Club is listing at a lofty price amid a mega-mansion glut in Southern California. (Simon Berlyn)
Is another record in the cards for Casa Encantada?
The Bel-Air home of financier Gary Winnick — a 40,000-square-foot 1930s-era trophy perched above the Bel-Air Country Club — has twice set the record for highest price of a residential real estate sale in the U.S.
Now, the storied estate is listing for sale at $225 million, making it the most expensive home publicly listed in the United States and a contender to unseat the current California recordholder for selling price: $119.75 million set this year when the former Spelling manor in Holmby Hills changed hands.
But the estate, graced with ionic columns and formal gardens, arrives on the market in the midst of a downturn.
READ MORE VIA LA TIMES