• Funding
  • Investing
  • Lending
  • Insurance
  • Banking
  • Wealth
  • Fintech
  • Venture
  • Crypto
Subscribe
No Result
View All Result
  • Equity Funding
  • Stocks
  • Mutual Funds
  • Credit Cards
  • Loans
  • Insurances
  • Savings
  • Crypto Trading
Home News Feed Personal Finance

$160 million mansion will be the most expensive ever auctioned

CNBC NewsbyCNBC News
November 21, 2020

Exterior view of Villa Firenze in Beverly Hills, California

Concierge Auctions

A $160 million mansion in Beverly Hills, California, is going on block, making it the most expensive listing ever to auction.

The nine-acre estate, called Villa Firenze, will be sold to the highest bidder, with no reserve, by Concierge Auctions next month. Its billionaire owner, Steven Udvar-Hazy, first listed the property in 2018 for a reported $165 million.

“We look forward to finding an owner as unique as this piece of real estate on auction day,” Udvar-Hazy said in a statement.

The estate is the largest in North Beverly Park, an exclusive gated community that’s been home to Denzel Washington, Eddie Murphy, Sylvester Stallone, Rod Stewart and Kimora Lee Simmons. The property has more than 20,000 square feet of living space, with three guest residences, 13 bedrooms, 17 bathrooms and eight half-baths.

The pool is one of the highlights of the grounds of Villa Firenze.

Concierge Auctions

The home, built over five years by architect William Hablinski, has marble and stone flooring, arched doorways and multiple fireplaces.

The grounds include a swimming pool, pool house, tennis court and walking trails.

Udvar-Hazy, who immigrated to New York from Hungary when he was young, is considered one of the founders of the aircraft leasing industry. He started International Lease Finance, which was sold to insurer American International Group in 1990 for $1.3 billion. He is executive chairman of Air Lease. Forbes estimates his net worth at $4 billion.

An aerial view of the grounds of Villa Firenze in Beverly Hills, California.

Concierge Auctions

The most expensive home previously sold at auction was an oceanfront mansion in Hillsboro Beach, Florida. The 30,000-square-foot property, known as Playa Vista Isle, had been listed for $159 million in 2015. It sold at auction in 2018 with Concierge Auctions for $42.5 million.

A grand entrance to 28,000-square-foot main house

Interior view of Villa Firenze in Beverly Hills, California

Concierge Auctions

Marble arches and vaulted ceilings lend European charm

With vaulted ceilings and marble arches, Villa Firenze is reminiscent of an Italian villa.

Concierge Auctions

Interior view of Villa Firenze

Concierge Auctions

Spacious living areas

A spacious living area inside Villa Firenze

Concierge Auctions

A dramatic driveway leads to a fountain and courtyard that can hold 30 cars

The dramatic driveway and courtyard of Villa Firenze can hold 30 cars.

Concierge Auctions

Read The Original Article on CNBC News

Related Topics

Bitcoin

Donald Trump Banned From Twitter in Final Days of Presidency

Investing

Fintech start-up SoFi to go public via SPAC backed by Chamath Palihapitiya

Prev Next

You May Like

Bitcoin

Donald Trump Banned From Twitter in Final Days of Presidency

Investing

Fintech start-up SoFi to go public via SPAC backed by Chamath Palihapitiya

Bitcoin

Total Cryptocurrency Market Value Hits Record $1 Trillion

Blockchain News

XLM Price Surges as Ukraine Selects Stellar Lumens for CBDC Development

Financial News

Bitcoin

3 Reasons Bitcoin Crashed by $3,000 – And Why It’s Still Bullish

CoinDesk
by CoinDesk
Personal Finance

Beam customers are getting money back, but savings app still faces federal investigation

CNBC News
by CNBC News
Bitcoin

Yield farming fuels 623% growth in DAI supply to nearly $1B

CoinTelegraph.com
by CoinTelegraph.com
Stock Market

Stocks making the biggest moves midday: Nikola, Weibo, DoorDash & more

CNBC News
by CNBC News
Blockchain News

What Biden’s Presidency Could Mean for Crypto

Blockchain News
by Blockchain News
Stock Market

Op-ed: Companies that adapted to Covid-19 could be the winners after the vaccine as well

CNBC News
by CNBC News
Earning

Lowe’s shares tumble as earnings fall short despite robust sales gains

CNBC News
by CNBC News
Bitcoin

Exclusive | FUSANG CEO: CCB’s $3 Billion in Blockchain-Based Debt Bonds is Rise of Crypto 2.0

Blockchain News
by Blockchain News
Load More

© 2020, FinanceLane

Home | Contact | Terms and Conditions | Disclaimer | Privacy Policy

  • Home
  • News Feed
    • Equity Funding
    • Debt Funding
    • Crowdfunding
    • Real Estate Funding
  • Investing
    • Stocks
    • Bonds
    • Mutual Funds
    • Private Equity
    • Merging & Acquisition
    • Real Estate
  • Lending
    • Personal Loan
    • Business Loan
    • Credit Card
    • Microfinance
    • Peer-to-Peer Lending
  • Insurance
    • Life Insurance
    • Auto Insurance
    • Education Insurance
    • Health Insurance
  • Banking
    • Business Banking
    • Payments Bank
    • Investment Banking
    • Individual Banking
  • Wealth
    • Earning
    • Savings
    • Investments
    • Budgetting
    • Credit Management
    • Tax Planning
    • Retirement
  • Fintech
    • Alternative Financing
    • Payments
    • Asset Management
    • Digital Banks
    • Softwares
  • Venture
    • Startup Ecosystem
    • Merging & Acquisition
    • Equity Investing
    • Franchising
    • Business Offers
  • Fintech
    • Alternative Financing
    • Asset Management
    • Digital Banks
    • Softwares
    • Payments
  • Crypto
    • Crypto Investing
    • Crypto Trading
    • Crypto Coins
    • Bitcoin
    • Blockchain
    • DAPP
  • Subscribe
  • Contact
  • Login

© 2020 FinanceLane - Terms and Conditions | Disclaimer | Privacy Policy

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

← Banking fees are on the rise, says survey: Here’s how to avoid paying them ← BNP Paribas says 2 things must happen for the yuan to go global
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.