What Is The One Mansion
The One is a mega-mansion in the Bel Air neighborhood of Los Angeles, California, developed by Nile Niami. The property is designed as a single-family residence and is widely cited as one of the most expensive residential listings in the United States. The project is associated with a record-setting asking price for a private home in the U.S. luxury market Forbes.
The listing price has been reported at around 295 million dollars, though the property has undergone multiple price reductions over time. The estate includes thousands of square feet of living space, multiple bedrooms and bathrooms, and extensive luxury amenities. It is positioned as a trophy asset for ultra-high-net-worth buyers and investors Luxury Real Estate.
Ownership, Development, and Current Status
The property was developed by Nile Niami, a Los Angeles-based real estate developer known for high-profile luxury projects. Ownership records and transaction details have been tracked by public databases and real estate platforms, with the property changing hands through auction and private sales after initial listing. The One has remained a focal point for media coverage of ultra-luxury residential real estate Crunchbase.
The mansion has been the subject of bankruptcy proceedings and auction sales tied to the developer's financial situation. The property's status has shifted between active listing, auction, and private sale stages, with updates reported by major outlets and real estate data providers. Current ownership and occupancy details are tracked through public records and trusted real estate sources Cornell Law.
Size, Features, and Market Position
The One includes a large main residence, entertainment spaces, a spa, a theater, and extensive outdoor areas, with total living area often cited in the range of over 100,000 square feet. The property features high-end finishes, custom design elements, and technology infrastructure aimed at ultra-luxury standards. It is frequently referenced in rankings of the most expensive homes in the United States and globally.
In the luxury real estate market, The One is used as a benchmark for ultra-prime pricing and scale. Comparable sales data and market analyses from major brokerage platforms and valuation services place it among the top-tier residential assets in Los Angeles. The property's market position reflects broader trends in high-end real estate demand among global buyers Millionaire.