Did this guy just fall off the turnip truck?
$11,500,000 opening bid:
A team at UCLA had designed an accessory dwelling unit for the backyard:
“Today, we don’t have enough affordable housing, and, given the hotter, drier climate, we’re losing environment to support all kinds of species. So there’s an environmental crisis that corresponds to a housing crisis,” Cuff said. “These imperatives are something we can begin to solve — and where better to do that than at UCLA where we have an incredible trove of expertise, creativity and unbelievable students. What’s completely unique about this house is that it will add to the environment — the biome —rather than detract from it.”
The watertight house, built of plastic sheeting shrink-wrapped over a framework of electrical conduit pipes, is so lightweight that the structure can sit on jacks around which a rock foundation, known as a gabion, would wrap. All of the building materials can be hand-carried on site and assembled by two people. The floor and end walls at the front and back of the house are built of wood, with openings for light and ventilation. On the outside of the house, large cardboard tubes, equipped with LED lights, line the plastic-sheet walls and roof to give the structure an ultra-modern look. Another layer of plastic sheeting will then go over the tubes to protect them from rain.
The final design shows a small wooden deck in front with a bench that slides in and out of the structure. And while the basic model being built at the Broad center won’t have all the amenities, the house is intended to have a compact kitchen, with a system for collecting gray water for the plants; a compostable toilet; and, instead of plastic sheeting used in the prototype, fabric in which solar cells are embedded to run the house on solar power.
“It’s reversible — you don’t have to destroy your backyard to build it — recyclable and environmentally efficient,” Cuff said. The project also was reviewed by a structural engineer, who volunteered his services. “Environmentally, it’s between 10 and 100 times more efficient to construct than a conventional house, mainly because it’s so light.”
Read full article HERE.
The Oak Pass main house sits on the top of a 3.5 acre ridge site in Beverly Hills with panoramic canyon views. The house was sited to take advantage of the views without the house becoming a central visual focus.
One of the biggest homes in U.S. history is rising on a Los Angeles hilltop, and the developer hopes to sell it for a record $500 million.
Nile Niami, a film producer and speculative residential developer, is pouring concrete in L.A.’s Bel Air neighborhood for a compound with a 74,000-square-foot (6,900-square-meter) main residence and three smaller homes, according to city records. The project, which will take at least 20 more months to complete, will exceed 100,000 square feet, including a 5,000-square-foot master bedroom, a 30-car garage and a “Monaco-style casino,” Niami said.
Estates with views of the Los Angeles basin are the California counterpart to Manhattan’s penthouses or London’s Mayfair manors, drawing a global cast of financiers, technology tycoons and celebrities who collect trophy homes like works of art. Around the world, five properties sold for $100 million or more last year, and at least 20 others have nine-figure asking prices, Christie’s International Real Estate reported last month.
The priciest home ever sold was a $221 million London penthouse purchased in 2011, according to Christie’s. The most expensive properties on the market include a $425 million estate in France’s Cote d’Azur, a $400 million penthouse in Monaco and a $365 million London manor.
Whether Niami can get more than double the previous record for his mansion remains to be seen.
“I’m skeptical,” said Jonathan Miller, president of appraiser Miller Samuel Inc. and a Bloomberg View contributor. “My first reaction is laughter. But we’re in this perpetual state of surprise as new thresholds are broken.”
Read full article here:
This is open 9:30 – 1:30 today for broker preview. LP = $9,800,000:
The ultimate tent city!
One of the three real estate listing videos that specialize in lifestyle marketing – this is a $25 million oceanfront estate in Dartmouth, Mass:
Read the full article and see the other two videos here:
They started at $19 million, now down to $12,500,000: