Most Expensive Home in U.S. For Sale

[TheMastersSon]

According to this story:

 

http://www.canyon-news.com/bel-air-mansion-became-expensive-us-home/62368

 

$250M for one acre in Bel Air is delusional even when it includes a $30M car collection. :smile: My favorite part is how realtor photos are careful to not show the immediate neighbors on both sides of this property. If you want to laugh, look at the Street View for it on Redfin's page:

 

https://www.redfin.com/CA/Los-Angeles/924-Bel-Air-Rd-90077/home/6830113

 

Cindy Crawford is also selling her home, 3+ acres on the Encinal Bluffs in Malibu and the asking price is less than a quarter as much:

 

http://www.canyon-news.com/cindy-crawford-seeks-60-million-for-malibu-property/59550

Edited March 5, 2017 by TheMastersSon

[montky]

@themastersson

wow. this was hilarious.

thanks for sharing TMS.

 

to quote lex luthor in '78 superman;

"land. it's the one thing they're not making any more of..."

"Otisburg?!"

that's gotta be what they're basing it all on.

They know that Luthor is up to no good in the near future, and supes is sleeping with the fishes...

 

 

 

still... how far underground does that property go?

if it went down 80 stories+, towards the mantle maybe, and was zoned and pre-approved to go up say 70 stories...

you know, ad coelum and all...

a quarter of a billion USD is chump change.

you could fit a lot of stuff into that convenient block.

Mr Burns could put the Springfield Nuclear Plant there...

perfect for sapping the Enclave from LA. FO1 still is terrifying even today...

careful though, you might find the Master somewhere lurking under LA...

 

maybe... maybe it's over some hydrofracking paydirt?

pre-approved for connection to the west-keystone pipeline formerly known as the Hyperloop...

don't build infrastructure underground, and resume land etc. build it above ground, and brand it a 'hyperloop'

the largest vacuum pressure chamber ever built!

it makes sense - it's the real beverly hill billies!

or some other rare-earth metal deposit...

you put down a quarter billion, but you make 6 billion, maybe a quadrillion in nth-order derivatives...

 

wait wait wait...

when is that quarter billion priced due?

is it seasonally adjusted for after GFC/Great Depression 2?

okay then, that makes sense after all.

Al Bartlett in "The Essential Exponential!" and NumbersUSA have different models for the next 30 years...

a quarter billion seems to be where devaluation is headed.

50 is the new 30,

and a quarter billion USD is the new 401K?

"And so fourth and so fifth" - Victor Borge

 

sounds like a lot, till you look at the GDP to PPP ratio per unit

and the volume... it is stagflation.

a quarter billion just doesn't buy what it used to...

the folks in Weimar knew that. a wheelbarrow to buy bread. they did that for months...

 

is a quarter billion, so you can buy into those massive celebrity bloc parties we hear about all the time?

live cheek to jowl in style, with celebrities!

you know, those parties that everyone is invited to, where they all just throw a luau on the road -

they don't even bother gating it off, no bouncers or anything -

everyone can go and there's bouncy castles and everything.

and that's just for the paparazzi - all you can eat.

skeet shoot at drones, there's fun for everyone.

It was in the Great Gatsby, so it has to be true right?

 

 

 

those houses, they're more like massive empty mausoleums

why buy 1 acre for a quarter of a billion USD,

when you could maybe buy a country,

help Puerto Rico out,

or put people permanently in space or something...

[TheMastersSon]

You're welcome, and you're correct: 98% of a mansion goes entirely unused and untouched by the average owner, meanwhile the house becomes a relentless money sucker between utilities, repair and maintenance etc. So I wonder if the new owner will keep the bowling alley heated or unheated.

Edited March 5, 2017 by TheMastersSon