Category: Finance | Title: The One Los Angeles House: Price, Features, and Owner | Tag: Real Estate | Meta Description: The One Los Angeles House price, owner, size, and key facts in one factual overview...
What Is The One Los Angeles House
The One is a private mega-mansion in Bel Air, Los Angeles, developed by Nile Niami and completed in 2021. The property is listed for 295 million USD, making it one of the most expensive residential listings in the United States. The home sits on roughly 3.6 acres and includes a 30,000-square-foot main residence with panoramic views of the city and ocean. Nile Niami, the founder of Real Estate Capital and a former film producer, led the project as a one-off personal development.
The property gained widespread media attention after being featured on multiple luxury real estate platforms and news outlets. Nile Niami has described The One as a one-of-a-kind residence designed to set a new benchmark for ultra-luxury homes in Los Angeles. The listing is managed by The Agency, a high-profile real estate brokerage known for handling premium properties in the U.S. and internationally.
Size, Rooms, and Key Features
Main Residence and Guest Wing
The main house includes approximately 21 bedrooms, 42 bathrooms, a 5,000-square-foot master suite, and a 30-car garage. Additional features include a 5,000-square-foot infinity pool, a private theater, a wellness spa, and a 6,000-bottle wine cellar. The property also includes a separate guest house and staff quarters, bringing total living space to over 105,000 square feet.
Technology and Sustainability
The One incorporates smart-home automation, a backup power system, and extensive security infrastructure. The estate includes landscaped gardens, outdoor entertainment areas, and a private road entrance off Angelo Drive. The property was designed to meet high-end sustainability and energy-efficiency standards, with backup generation and water systems for uninterrupted operation.
Owner, Sales History, and Market Context
Developer and Ownership
Nile Niami originally developed The One as a personal project and later listed it for sale through The Agency. The property has been the subject of multiple price adjustments since its initial listing. In 2022, the home entered foreclosure proceedings after Niami failed to repay loans tied to the project. The property was later acquired by a new owner, and the current status reflects the latest available transaction data.
Market and Valuation
The One is frequently cited in analyses of the ultra-luxury real estate market in Los Angeles and the United States. Comparable properties in Bel Air and the broader Los Angeles area have sold at record prices, reflecting demand among high-net-worth buyers. The listing is tracked by major real estate platforms and luxury property databases that monitor high-value transactions and market trends.
For additional context on luxury real estate trends and high-value property data, see the latest reports on Forbes and related industry sources Forbes Ultra Luxury Market. For regulatory and transaction details, the SEC provides public filings and company disclosures that can be reviewed SEC EDGAR Search.