On June 4, 2010, Le Belvedere, a 48,000 square foot French chateau on 2.2 acres in Bel Air, California sold to an unidentified European family, for as much as $72 million. The sale secures the highest price this year for a American residence. This exceeds the previous 2010 record of more that $46.5 million for a home sold in Aspen, Colorado last April.
Although seller, Mohamed Hadid wouldn't release the official sale price, he confirmed that it was between $50 million and the asking price of $72 million. In Los Angeles County, sale prices can take more than a month to appear on the public record.
Although seller, Mohamed Hadid wouldn't release the official sale price, he confirmed that it was between $50 million and the asking price of $72 million. In Los Angeles County, sale prices can take more than a month to appear on the public record.
The home was designed and built by developer Mohamed Hadid, former owner of Ritz Carlton Hotels, for his personal use.
For more photos and details of the home click on the link below.
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