After two years, two price cuts and a controversial lawsuit against the nation’s largest real estate marketplace, developer Bruce Makowsky is walking away from Bel-Air a much richer man.
His grandiose mansion — a 38,000-square-foot monument to opulence with 12 bedrooms, 21 bathrooms and luxury goodies galore — just sold for $94 million to an unknown buyer.
It’s a gargantuan sum that ranks among the priciest sales in L.A. history, but it’s still a fraction of the price the handbag tycoon originally sought. Makowsky first brought it to market for $250 million, which at the time made it the most expensive home listing in the country.
Then, he chopped the price to $188 million in 2018 before trimming it to $150 million this year. He told The Times he was just trying to be realistic.
Called Billionaire, the four-story mega-mansion is more of a lavish playground than a home.
Outside, more than 17,000 square feet of entertainment decks overlook Los Angeles. The back patio is anchored by an 85-foot infinity pool with a swim-up bar.