Bel Air mega-mansion set to hit auction block amid bankruptcy proceedings. Minimum bid: $295 million
Three armed intruders tied up a housekeeper and her friend during a home invasion in Sherman Oaks, authorities said.
Conceived by architect Paul McClean, who has designed homes belonging to Beyoncé and Jay Z, Avicii, and Calvin Klein, the Modernist aesthetic is both streamlined and extravagant. Neutral colors and clean lines provide a base for luxe details such as a number of original artworks including a butterfly installation by conceptual artist Stephen Wilson and a sculpture by Venetian glassworker Simone Cenedese, which are included in the sale.
According to Rayni Williams of Williams & Williams, the $500 million estimate was speculation, and $295 million is more reflective of the current market. It is a more"marketable" and"tangible number," she said over the phone.
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