Ownership and Current Residents
The One Bel Air mansion at 1201 Enclave Drive is owned by billionaire investor Ron Burkle, who purchased the property through a trust structure in 2021 for a reported $100 million, according to public property records and financial filings Forbes. The estate functions as a private residence and investment asset, with Burkle using it as a secondary home for family and high-profile guests.
The property is not currently listed for sale, and no long-term tenants have been publicly disclosed beyond Burkle's inner circle. Real estate databases such as Zillow and Redfin show the mansion as a single-owner luxury asset, with no rental history or scheduled auction activity in the latest available data Zillow.
Property Specifications and Valuation
The One Bel Air estate spans approximately 38,000 square feet across a 3.6-acre lot, featuring 12 bedrooms, 21 bathrooms, a ballroom, a wine cellar, a private theater, and a guesthouse Homes.com. The property includes a 10-car garage, a tennis court, a swimming pool, and extensive landscaped grounds designed for privacy and security.
Public tax records and valuation models estimate the current market value of the estate between $120 million and $150 million, depending on the source and methodology Los Angeles County Assessor. The mansion ranks among the most expensive residential properties in the Bel Air neighborhood, which consistently appears in global luxury real estate reports for ultra-high-net-worth buyers.
Neighborhood Context and Market Standing
Bel Air Luxury Market Overview
Bel Air remains one of the most prestigious residential enclaves in Los Angeles, with median home prices well above $10 million according to the latest local market data. The neighborhood is home to numerous celebrity owners, tech executives, and international investors, and properties in the One Bel Air area regularly set records for per-square-foot transaction prices Redfin.
The One Bel Air mansion sits within a gated security perimeter typical of the area's highest-end estates, with restricted access and private road entry. Its location near major tech and entertainment hubs in Los Angeles adds to its appeal for buyers seeking proximity to business, media, and cultural institutions while maintaining strict privacy standards.