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First Time Inside 'The Most Expensive House In The World'

First Time Inside 'The Most Expensive House In The World'

The mammoth property boasts a nightclub, two wine cellars and a running track

Dominic Smithers

Dominic Smithers

During lockdown, while we were stuck inside our homes, millions tuned into Selling Sunset to have a nosey around the homes of LA's rich and famous.

But nothing in that series comes close to 'The One', which overlooks the whole of county, and is bigger than most shopping centres.

Originally priced at around $500 million, it was thought to be the world's most expensive property. Though times have changed since then.

But besides spectacular views, what does that kind of money get you?

Well, at 105,000 square feet, the palatial property boasts 20 bedrooms, 30 bathrooms, six elevators, a running track, moat, swimming pool, two wine cellars, a pool table lounge, four bowling alleys, and even a nightclub. Yes, a nightclub.

Producer Michael

Measuring over 7,000sqft itself, the club also has a side entrance to the street, allowing guests to avoid the main house. Well, you wouldn't want any riff raff scuffing the marble in that place, would you?

But that's not all. Not by a long way.

As well as all of the above, the mansion also has an Olympic-sized indoor swimming pool with lounge decks, and a further five outdoor swimming pools, too, all of them infinity-edged.

And until very recently, no cameras had been allowed inside the property.

But YouTube personality Producer Michael was allowed inside for a grand tour from the man behind it all, Nile Niami. Have a look for yourself:

Showing Michael around, Nile says: "I picked out every single thing in this house, every paint colour, every stone, every tile, all of the furniture."

And all of that work isn't easy. When asked about how he felt now the project was almost fully completed, he said: "F***ing exhausting. Really, really, the most exhausting you could every imagine."

YouTube/ProducerMichael

Speaking previously about the property and its price, Nile said: "When you have something that's as rare as the Mona Lisa, you can command whatever you want for it.

"When the house was started, I had no basis to ask $500 million-now there are so many triple-digit sales in LA and the world that the asking price is not unreasonable anymore."


However, despite the lofty ambitions to sell it for the above, the asking price has been clipped somewhat.

While the exact figure is not known, it's now thought to be worth around $350m.

In order to build the property, Nile took out $82.5m - now closer to $110m - from Hankey Capital in 2018, and recently the firm took measures to get its money back.

According to the LA Times, the lender served Nile a notice of default, which is considered the first step in the foreclosure process. This could see the sale of the property forced through.

Featured Image Credit: Producer Michael

Topics: Viral, SPORT, Bar, Wine, olympics, Property, US News, Los Angeles