The One is a private residence in Bel Air, Los Angeles, California, United States. It is a compound of a main residence and three smaller houses in the modernist style and was developed by Nile Niami. The property is 105,000 square feet (9,800 m2) on 3.8 acres (1.5 ha).
Construction began in 2014. Following delays, it was completed in 2021. Niami initially sought to sell the mansion for $500 million, but his company fell into bankruptcy and the building sold at auction for $126 million, a record auction sale price in the United States.
It’s owned by Richard Saghian who is a fast fashion douchebag.
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yeah, the patriarch that had it built was obsessed with developing the American aristocracy, specifically by aping the western European estate system. completely deranged, but wealthy beyond measure.
like those old estates and the mega homes built by other tycoons, it was impossible to maintain without a massive, expanding stream of cash expropriated from workers. so it was bought by some other rich bozos and turned into a tourist attraction that sanitizes the history of the tycoon’s family which I guess was part of the sale terms.
it’s completely stupid and out of place, and not even in an interesting way like Ca d’Zan, which also was another albatross and was eventually dumped on the state.