This $1 Billion Beverly Hills Estate Is Los Angeles' Most Expensive Ever

"The Mountain" -- as it's been fittingly dubbed -- is a massive 157-acre plot of land in Beverly Hills sitting atop a mountain.

The property is listed by Aaron Kirman of Aaron Kirman Partners.
Listed for $1 billion, The Mountain of Beverly Hills is officially the most expensive property in the history of Los Angeles (if not the world). Let that soak in. Yes, billion with a “b”—as in Bezos, Buffett and Bloomberg.

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If you’re super rich, audacious and aroused enough to place the winning bid, bring your glamping gear. That jaw-dropping price tag is just for the panoramic tract of semi-developed land overlooking Los Angeles. There’s no mansion here yet, so pack your architect too.

almost twice the size of Disneyland -- 1.5 million square feet of ready-to-build lots
Previous owners of the mammoth mountaintop include the Shah of Iran's sister and Merv Griffin ... but that was back when the land was undeveloped.

Its southern views range from downtown LA to Orange County, Catalina Island and Santa Monica. It's only five minutes from the Beverly Hills Hotel, but the nearest neighbor is over a half-mile away.

The property, called The Mountain, is 157 acres and sits on the highest point in the 90210 ZIP code. One owner could buy the property and build a 1.5-million-square-foot compound — with three structures of up to 500,000 square feet.

"This is the only opportunity to own your own mountain that looks down at all of Los Angeles," said Aaron Kirman, the broker representing the property. "Our likely buyer is an individual who wants to build his or her own compound."

Ref: Property Report