- Images via Calisphere. Last week we found out that Bel Air's historic Casa Encantada, which currently belongs to multi-purpose rich person Gary Winnick, may be quietly on the market for a.
- Bel Air mansion Casa Encantada is on the market again, this time for $225 million, which would be a record high in the U.S. UPDATED, 2:55 p.m., Oct. 17: The last two times that Bel Air’s massive.
- Although La Mansion Encantada is a great-looking game with loads of extra bonus features, we advise players to be extremely cautious about playing this game for real money at an online casino. That’s because the RTP or Return to Player ratio.
Hilton described the home as an “object of symmetry and beauty.” As a 30 year resident, it was from Casa Encantada where he grew the brand into the world’s first global hotel chain. With a seemingly impossible intimate feeling, the estate welcomes guests with curved iron gates that swing gracefully from stone bases. For Conrad Hilton, Casa Encantada lived up to its name, and he lived there in grand style until his death in 1979. In those four decades, Hilton made almost no changes to the mansion, its furnishing and art, or its grounds. The mansion was an extraordinary time capsule of high-style 1940s taste.
UPDATED, 2:55 p.m., Oct. 17: The last two times that Bel Air’s massive Casa Encantada sold — in 1979 and 2000 — it broke the record for highest residential sale in the nation. Now, the storied estate is on the market again at $225 million, instantly becoming the country’s priciest residential listing.
The 40,000-square-foot Georgian-style mansion, owned by financier Gary Winnick, is officially up for sale, according to the Los Angeles Times. If it sold at ask, the price would be $105 million more than the Los Angeles County record set when the 56,500-square-foot Spelling Manor sold this summer.
The listing comes amid a slowdown in sales at the high end of L.A.’s residential market. Interest seems especially low for the crop of sleek and modern spec homes that have hit the market over the last several years.
Hilton & Hyland founder Jeff Hyland, who has the listing with his partner Rick Hilton and Nest Seekers International’s Shawn Elliott, told the Times that Casa Encantada’s history and unique attributes “allow for premium pricing.” Reports surfaced in early 2013 that the estate — whose name means enchanted house in Spanish — was being quietly shopped for the same amount.
“It’s not affected by market gyrations, world issues in the economy and other comparable estates,” Hyland said.
That may be optimistic. The Spelling Manor was on the market for three years and sold for 40 percent below its original $200 million asking price. The equally grand Chartwell Estate, also in Bel Air, was asking $350 million before the price was eventually dropped to $195 million in June.
The 60-room Casa Encantada was built in the 1930s at the direction of the widow of a wealthy glass manufacturer who commissioned some of the most prominent designers of the time to work on the estate.
Architect James Dolena incorporated Art Deco and Moderne styles into the ornate interiors. The eight-acre grounds have a tennis court, basketball court, a rose garden and greenhouses, among other facilities.
Winnick hired architect Peter Marino to lead a comprehensive restoration of the property after purchasing it for $94 million from Dole Food Company CEO David Murdock in 2000. Murdock purchased it from Conrad Hilton for $12.4 million in 1979.
The record for the most expensive home sale in the U.S. belongs to New York’s 220 Central Park South, where hedge funder Ken Griffin paid $238 million for a penthouse in a deal that closed in January. [LAT] — Dennis Lynch
La Encantada Stores
Correction: A previous version of this story misstated the brokerage Shawn Elliott is affiliated with. He is with Nest Seekers International.