This $245 million Los Angeles mansion is the most expensive home for sale in the US — and it costs 960 times more than a typical US home

Hilton & Hyland

• The Chartwell Estate in Los Angeles is for sale for $245 million.
• That makes it the most expensive home for sale in the US.
• The historic California estate is 960 times more expensive than the typical American home, which costs $255,000.

 

A Los Angeles mansion is on the market for $245 million, making it the most expensive house for sale in the US — and about 960 times more expensive than the typical American home. 

The median US home price was $255,000 as of the second quarter of 2018, according to data compiled by ATTOM Data Solutions.

Sitting on nearly 11 acres, the main home of the Chartwell Estate was designed by Sumner Spaulding in 1930, according to the listing. In the 1980s, the mansion's interiors were renovated by designer Henri Samuel — but no recent photos have been released, keeping the inside of the home a mystery. 

The expansive grounds of Chartwell include manicured gardens, a 75-foot pool, and views that span from downtown Los Angeles to the Pacific Ocean. There's also a car gallery that fits 40 vehicles, a five-bedroom guest house, a tennis court, and a 12,00-bottle wine cellar. Last year, the property was listed for $350 million.

Chartwell is listed with several agents: Jeff Hyland, Drew Fenton, and Gary Gold of Hilton & Hyland (a Christie's International Real Estate affiliate), along with Jade Mills, Joyce Rey, and Alexandra Allen of Coldwell Banker Global Luxury, and Drew Gitlin and Susan Gitlin of Berkshire Hathaway Home Services.

Here's a look at the sprawling estate's grounds.

The Chartwell Estate sits on 10.39 acres in Bel Air, Los Angeles, one of the most "prestigious residential communities in the city of Los Angeles," according to luxury real estate firm Hilton & Hyland.

Google Maps

Source: Hilton & Hyland

The 25,000-square-foot mansion has 11 bedrooms, 18 bathrooms, and a ballroom.

Hilton & Hyland

Source: Realtor

The home was built in the 1930s for civil engineer Lynn Atkinson and later purchased by late Univision billionaire A. Jerrold Perenchio.

Hilton & Hyland

Source: Los Angeles Times

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See Also:

• Here's what the most expensive house for sale in every US state looks like
• The top 26 states where rich people give away the most money
• A $68 million Miami penthouse with 2 infinity pools could shatter Florida's real-estate record. Here's a look inside the sprawling apartment.

SEE ALSO: The iconic mansion from ‘The Godfather’ is on the market for $135 million — here's a look inside the 29-bedroom Beverly Hills estate

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