Real Estate

This mall-size mansion dubbed ‘The One’ costs $350 million

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Social Links for Sarah Paynter
Published Jan. 19, 2021
Updated Jan. 20, 2021, 3:56 p.m. ET
"The One" is the size of a shopping mall.
The mega mansion has a 50-car garage and a 10,000-square-foot sky deck with a putting green that offers 360-degree views of the Pacific ocean, Los Angeles and the San Gabriel mountains. Douglas Friedman

An unparalleled shopping mall-sized California mansion called “The One” is looking for love among the world’s elite — and its builder is collecting applicants via Google Forms.

If sold, this five-acre Bel Air campus asking $350 million would be the most expensive residential sale in US history, outpacing the current record-high set by Ken Griffin’s $238 million New York penthouse by more than $100 million. 

“This is not an opportunity for just anyone. Sold to the highest bidder. This is for serious applicants only,” writes seller and developer Nile Niami, who asks potential buyers to reveal which Instagram influencer referred them to him.

Based in Sullivan Canyon, the 105,000-square-foot estate, which is billing itself as the largest residence in the world, has 21 bedrooms and 42 bathrooms. Just the master bedroom is large enough to qualify as a mansion on its own, with 4,000 square feet including its own private swimming pool and two bedroom-sized dressing rooms, according to an Instagram post by Niami.

And sure, most luxury mansions probably have perks such as a library, a 30-seat home theater, a four-lane bowling alley, a gym, a spa and a chef’s kitchen — which “The One” obviously has. But rarely do buyers see such elaborate — and quirky — amenities, including a butterfly installation, a beauty salon, a cigar room, a 10,000-bottle wine cellar, a 200-person capacity philanthropy wing, “floating pods” that overlook the city and a “candy wall” dedicated to dispensing sweets, according to reports by Architectural Digest, the Robb Report and Niami’s Instagram posts.

The behemoth abode also has not one but six pools, including an Olympic-sized indoor swimming pool.

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LA mansion developer Nile Niami purchased three ranches from Space Invaders heiress Rita Kogan in 2012 for $28 million and combined them into a single estate.
LA mansion developer Nile Niami purchased three ranches from Space Invaders heiress Rita Kogan in 2012 for $28 million and combined them into a single estate.
"The One" has six swimming pools — including one in the master bedroom suite.
“The One” has six swimming pools — including one in the master bedroom suite.
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Based in Sullivan Canyon, the 105,000-square-foot estate, which is billing itself as the largest residence in the world, has 21 bedrooms and 42 bathrooms.
Based in Sullivan Canyon, the 105,000-square-foot estate, which is billing itself as the largest residence in the world, has 21 bedrooms and 42 bathrooms.
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The home’s exterior is equally elaborate, with a 50-car garage and a 10,000-square-foot sky deck with a putting green that offers 360-degree views of the Pacific ocean, Los Angeles and the San Gabriel mountains. The house is surrounded by a moat on three sides and has a 400-foot-long jogging track that appears to float above Los Angeles, according to Architectural Digest. 

Regardless of how much it sells for, “The One” is a historical development. “Due to recently approved city ordinances, a house of this magnitude will never again be built in Los Angeles, which means The One will truly remain one of a kind,” wrote Architectural Digest. 

arely do buyers see such elaborate — and quirky — amenities, including a butterfly installation, a beauty salon, a cigar room and a 10,000-bottle wine cellar.
Rarely do buyers see such elaborate — and quirky — amenities, including a butterfly installation, a beauty salon, a cigar room and a 10,000-bottle wine cellar.

Niami purchased three ranches from “Space Invaders” heiress Rita Kogan in 2012 for $28 million and combined them into a single estate. “The One” took 600 workers eight years to build, according to Architectural Digest. Niami originally said the estate would be listed for $500 million, but he eventually opted to scale back the project — eliminating amenities such as a jellyfish room and a perma-frozen room with an ice bar, according to the Robb Report. 

The house is surrounded by a moat on three sides and has a 400-foot-long jogging track that appears to float above Los Angeles.
The house is surrounded by a moat on three sides and has a 400-foot-long jogging track that appears to float above Los Angeles.

Branden and Rayni Williams of the Beverly Hills Estates and Compass’ Aaron Kirman have the listing. Williams, Williams and Kirman did not respond to a request for comment.