Developer Lists $177 Million Mega Mansion in L.A.

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Luxury real estate developer Ardie Tavangarian just completed his latest mega mansion in Bel Air, and it just hit the market for a whopping $177 million dollars. In today's episode we take a look at this incredible property together and also look at a mystery property that is sitting vacant right next door.
I hope that you enjoy this video and if you have comments please leave them below! See you next video!
-Scott
#realestatenews
Disclaimer: This channel, and any communication shared during these videos, should not be taken as financial or legal advice. Viewers should retain their own legal counsel or financial expert(s) before making their own decisions. If you need legal advice, please contact an attorney directly. If you need financial advice, please contact a Certified Public Accountant or a Certified Financial Planner or other licensed professional. I (Scott) am not a CPA, attorney, insurance, or financial advisor and the information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, or financial advice. Opinions shared in these videos are my personal opinion and are for entertainment purposes only. No comments should be construed as fact. Always do your own due dilligence. And one more thing.. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel.

[@LucasFerreira-cq8qz]

The reason it’s not listed yet is because this developer prefers to negotiate off market at first mainly because he has a following of billionaires who love his houses. He has built some Malibu houses we’ve never seen inside because it was sold before completion and the owners kept their privacy

[@arribaficationwineho32]

Or not hence the privacy

[@adamtaintbury]

If that was the case he wouldn't have had Enes make a video about the house.

[@LucasFerreira-cq8qz]

@@adamtaintbury Because he wasn't able to sell a 177M house off the market like that, like he couldn't sell his other 2 super expensive ones. I’m not saying he’s succesful every time, just saying that's how he operates and i bet he's currently offering this one for qualifying buyers(aka very rich people) privately. Don’t you think it's weird that the house isn't on the market yet despite all the buzz it has generated on the media?

[@DennisonLewis]

This developer is a genius! I'm pretty sure him and his team also has the responsibility of the maintenance/upkeep of his developments lol, So they're making money going & coming.

[@mhxxd4]

@@adamtaintbury when did Enes do a video on this house? I must've skipped it

[@TheMarslMcFly]

This has to be the best LA Mega Mansion I've ever seen. The house is absolutely beautiful! Also I'm not surprised Gores plot of land doesn't do anything. If you know how well he's running the Pisstons, I'm actually wondering how he managed to get that rich in the first place lol

[@Real.Estate.Report]

@@TheMarslMcFly 😂

[@guitar911rock]

i love when you say "im not sure when you'd ever need a retractable roof in the master" like that was the like 30th thing you could say that for in this house hahahahaha

[@Real.Estate.Report]

LOL true

[@steverl22]

Just thinking.....Cant wait for an hour long Enes video

[@minigiant8998]

Arvin Haddad*

[@steverl22]

@@minigiant8998 can't deal with someone always complaining, he was fine at first but DAMN 😵‍💫

[@minigiant8998]

@@steverl22 oh u like smoke blowed up ur hole...

[@deanchur]

@@steverl22 He gives compliments where they're due as well. The reason he comes across as negative is because a lot of these expensive homes are actually very poorly designed and deserve to be criticized.

[@Hierarchangel]

I think he put the few panes of stained glass to simulate golden hour light all day, and the color works with the browns of the house. From this short vid, this looks like an absolute masterpiece. I can't wait for the walkthrough.

[@Real.Estate.Report]

@@Hierarchangel that totally makes sense… very cool

[@steveziki]

By far, one of THE most elegant and beautiful mega's I have seen! So well thought out and naturally exquisite!

[@SpencerCornelia]

this one might be closest to perfection i've seen in these mega mansions in LA

[@Real.Estate.Report]

It's amazing

[@youtubecarspottersguide1]

yes 90% perfection like it better than the 'ONE' now if it was in Del Mar or rancho Santa Fe or on some private island even better, where no one knows who you are

[@mvpfocus]

A perfect trap.

[@notshylo]

It’s like a mashup of Sarbonne and San Onofre houses, but doesn’t quite reach the same level for me as those two. I like it, but it’s overdone and indulgent, like AT didn’t know when to say “when.” But I guess for that price it needs to be over the top.

[@stanlee3619]

Agreed. It's too much. This is going to be one of the rare instances where Ardie doesn't come close to getting what he's asking.

[@LucasFerreira-cq8qz]

San Onofre is my favorite LA mansion ever and i'm all for modern big houses but i agree. Even though this one is ''only'' 13.000 sq feet it's overdone and clustered with too much furniture and pretentious art. Almost feels like a 20 yr old tiktoker did the interior design

[@stanlee3619]

​@@LucasFerreira-cq8qz "Only 13000?" It's 35k.

[@LucasFerreira-cq8qz]

@@stanlee3619 35.000 is the amount of living flat land including the backyard and pool area, almost the whole lot. The house itself is ''only'' 13-14.000 sq feet. You can measure it yourself on Google Earth: 10675 Bellagio Road. Before you say anything Google Earth's precision is about 5-8 feet.

[@mashdatrashvideos2831]

My Brain is like "Ok what are the Tax's and cost on this each year" you need stupid money to have this gem

[@Real.Estate.Report]

@@mashdatrashvideos2831 High taxes, expensive maintenance. But whoever buys it in theory can afford those things

[@ashishpatel350]

Cheaper than owning a 100 million dollar yacht

[@nickadams3803]

Around $90k per month in property taxes, $40-$50k per month in utilities if not more, probably another $60-$80k per month in staffing (landscaper’s, cleaning, maintenance etc). Pretty safe to say $200-$250k per month in total expenses or $3m per year. NOT including a possible mortgage which would be multiples of this figure most likely.

[@wixom01]

So far, this is the first "contemporary, modern, whatever" house I actually like. Can't wait to see what Enes shows us.

[@pongpong123able4]

The channel has become less interesting with the departure of Mikey

[@paperrobe111]

YES and Arvin Haddads reaction

[@lewizzrocks]

@@pongpong123able4why did he leave ?

[@pongpong123able4]

@@lewizzrocks he's had physical And mental health issues and went to a Philippines island paradise to recharge.

[@KennethDelavergne]

Love the house. Your KZbin videos are always informative and interesting. Thanks! 😎

[@mulemule]

*A monumental and creative home that proves the rule: "Sometimes 'too much' is just ... so RIGHT!"* *I stifled a squeal as the huge skylight over the master bed retracted. (Ian Fleming would've gasped.)* 😅

[@jeffv3296]

Can’t wait to see a full tour of this property. The guy that owns the land next to it should pay Ardie to develop and design it for him.

[@Rhythmic1]

This is one of a kind. This builder is an artist. I would love to see more of his builds. It's not ostentatious or giving way to the obligatory features you usually see in estates of this size. It's so tasteful. A lot of mansions look way to big, cold or stuffy or like hotels. With rooms and features you'd probably never use. They don't feel like a home. Even if I had the means I wouldn't want to live in them. But this is a completely different story. I think that even if you were homebound you'd never feel closed in or bored. My first thought is if there were some way to incorporate some of these features in a smaller footprint at a more attainable price point for even the average 1%er. I disagree on the opening ceiling in the master bedroom. That would be really cool falling asleep under a warm, starry, fall night or beautiful spring morning with the aroma of flowers and plants and the birds waking you up. It's a real dream home.

[@drummersagainstitk]

It's the finest home I've ever seen and I'm a retired Realtor. Excellence never gets tired.

[@aryagroupinc]

Thank you 🙏

[@ezy.doesit]

Ardie makes some of the nicest houses! i have seen videos of other properties.... his teams thinks of everythink for a liveable house.

[@Real.Estate.Report]

@@ezy.doesit they really do!

[@aryagroupinc]

Thank you 🙏

[@1azboy1]

The best use of a retractable roof in the master BR is to make a joke at the expense of a bed parter who passes gas. I would say something like "oh, what have you been eating" as I open the roof and laugh. On a more mature note, I think this house is more well designed than The One. As you pointed out, it has many impressive features. While it is a contemporary design it manages to still have personality and good taste and to not get lost in a sea of indistinguishable, contemporary monstrosities. I've never seen any spa like the one you showed here. Finally, I agree that this house look established thanks in large measure to its landscaping. Villa Siena looks like a property designed for someone who wants NOT to be seen while other such houses in the L.A. area, such as The One and many others, look like properties designed for those who desperately crave to be seen. Maybe that difference in design is attributable to Ardie Tavagrian's personality which you described in this video.

[@Real.Estate.Report]

@@1azboy1 well said. And to your comments about the retractable roof… LOL

[@masonkim7]

it's absolutely visually STUNNING but I wonder how it'll do against a major earthquake.

[@eddieg6436]

Please do a report on Phillip Plein’s gargantuan estate finishing construction off Stone Canyon!! Thanks!!

[@Manhattan384]

This house (imo) wont sell for $177 Million, and isn’t worth $177 Million either, despite the fact I think the house is beautiful, it probably will sell for between $60 and $80 Million.

[@DORSEYLANDRIA]

I've watched his KZbin video a million times already. I was blown away so much that i😂 subscribed to his channel. By the way, what's the update with Mohammed Hadids megamansion that he's building?

[@Real.Estate.Report]

@@DORSEYLANDRIA haha Ive watched it a few times myself. Which mansion are you referring to?

[@DORSEYLANDRIA]

@@Real.Estate.Report the one that's about 75,000 sqf

[@khailaashpc759]

Great Video👍

[@ejd2901]

Wow what a place

[@MeronOppa]

I love this house, looks amazing! The retractable roof is awesome, but now it looses some of its wow factor since he included one oh those in one of his other houses, it’s not exclusive, you even put a picture of that other house, is the one that has a massive concrete curved wall.

[@jannik5927]

It's not worth it! Next to no views and a small yard. He put the pool in the side yard to not take even more space away from the main yard - unfortunately it's now on the edge of the property and also west facing, which means that you get no sun, except the annoying 'in your face' late afternoon sun. All of the tall hedges are there for blocking some of the neighbours, that would otherwise have direct views to your property. The mansion is also in a major firezone, so good luck to even get fire insurance with all the greenery and the expensive stuff inside. Next to the property are two lots that are undeveloped and have permits for big mansions, which could mean you have to live 5 to10 years through the noise of new construction. All of the pivot doors and big hydraulic gates are prone to tecnical issues and you'd need a specialist to fix or tweak them. Especially big pivot doors need constant adjustment after couple of years when the foundation has settled. The lot wasn't the best in the first place, the developer did a great job, but he had to rearrange the way you get to the house because it was so heavily sloped. This took away anticipation because you dont see the property from the front or back when you arrive - only some section from the side. The kitchen is more like $10 million dollar level and doesnt even have two islands, which I would expect from the most expensive house in L.A. On the ground level it features three sitting areas next to each other, which dont really serve different functions. It shows me that they had no idea what to do with all the open space. Look at the interior style of the developer, his properties kinda start to look very identical. Watch his San onofre property and than this one - you will see what I mean. It's never ultra luxury if your property is basically a photocopy of somebody else - it's not unique. Btw the property called 'The One' had acres of flat land, twin city views from every angle, etc. etc. - but it didn't even sell for $170 mil. IMO you would completely ruin yourself buying it for anything over $70 mil, especially in a buyers market as today with high interest rates. L.A. is not what it once was, prices are way down and the city is losing population. Bel Air has been losing population since 2020 and crazy California will definitely find a way how to tax the living hell out of you! Dont get distracted by the finishes!

[@gridley]

I think the sleek, glass-box, modernesque style (which reminds me of commercial office bldgs) has been done to death, but something about this property can't be argued against. In turn, I guess the traditional Hearst-Castle-type or Aaron-Spelling-style mansions of the past were done to death too. Will be interesting how today's format is judged in, say, 150 years compared with the even larger Downton-Highclere-type properties built 200-300 years ago.

[@surfstarcc1]

If I had a net worth of $50,000,000,000, I would definitely consider this place. I love the design, I love that everything opens up to nature and I love big doors!!

[@JenniferJones-w2p]

When it was sold in 2018 before construction the address was 10675 Bellagio Road.. So interesting 👍

[@jameskiehm546]

It’s an awesome house but too much, too busy. To maintain the house you’ll have staff and contractors constantly present. Not for me. Also, the empty lot above would scare the s#\t out of me. Probably put a Dollar General up there.

[@mvpfocus]

The "spa" looks like it's mini-golf or zoo themed. I don't want to live in the zoo, only visit occasionally. This house works as a teambuilding getaway type destination, for executives, of course. But you can never just relax because it doesn't let up. It gives off "Blink Twice" vibes.

[@JillianSiobhanMal]

Yeah would NEVER want to live here. It’s like an airport too 😆Too commercial feeling.

[@AugusteDupin752]

Also, I think this spa area is going to look very dated very quickly. It looks good now, but it's definitely not a timeless design.

[@FleaOnPeanut]

This guy is AFRAID of getting a copyright strike. Not the music used in the actual sizzle reel instead it's some cheap af piano crap that actually makes the reel sound cheap. Also he skipped the movie theatre showing Top Gun. Which is just crazy. A tiny two second video clip of a movie with no audio is not gonna get a copyright strike. I think the most useful thing he said in this entire video was that it has a natural feel and it doesn't look like any of the million dollar concrete boxes infesting the hills of Los Angeles. I'm paraphrasing but honestly the way I said it is more interesting. My big issue with this video is that for most of it he just kind of gawks at the sizzle reel and says stuff like "Wow that's a big door" or "The property so great." And the reel he's showing us is easily half the length of the actual reel. I'm glad he added the insight about the lot above the property at least. That was useful.

[@Real.Estate.Report]

@@FleaOnPeanut Thank you for the feedback. Always looking to improve. And just so you’re aware, I’m not afraid of getting a copyright strike… I did get a copyright strike. I had to remove the video and re-upload with new audio.

[@princebamfo258]

This house is stunning

[@Crypto_Circus]

Gores doesn't care about $50 million, the Pistons payroll is $180 Million he could fire a few players if he needed money.

[@sierrapeaks]

He’s worth $10 billion. It’s not a money issue it’s something else for sure. Family fighting, neighbor fighting, city planning, lawsuits, or just laziness. The property only amounts to half of 1% of his net worth.

[@Crypto_Circus]

@@sierrapeaks or he just gave up and doesn’t care. Yea I agree money is not an issue.

[@thestu4602]

Must be a tax write down, not sure of their laws but surely if he puts a house on it it would increase his bill

[@menaseven9093]

Awesome post Scott, Ardy Villa Siena is a beautiful modern design mansion. The marble and onyx stone used in the kitchen island and the master closets islands are beautiful. The curved staircase is beautiful. I do not like the front door. I prefer a regular size double carved wood door. I prefer French doors and French windows in my house. Ardy is asking too much money for the mansion, I think the house is an $80 million mansion.

[@xelefonte]

*Let me check my couch, I think I might have left $177 million somewhere. Seriously a house at this price should just be custom-made. If I had that kind of money, I would want it custom made to my liking instead of the liking of the developers. I’m the one living in it so it should be entirely to my liking instead of the arbitrary liking of the developers.*

[@JDMdu1]

This is like nothing we've ever seen before. Out of this world

[@Real.Estate.Report]

What a cool house! Let me know what you guys think in the comments

[@mvpfocus]

Honestly, I'm getting Virgin Cruises vibes. Way over the top to the point of tacky. Ultimately, a home just needs to feel comfortable. This is like a miniature cruise ship; and it seems like there's too much that can go wrong when you're just trying to sleep.

[@alanaldpal950]

At full price I would estimate that annual upkeep, property tax etc would be $5 Million plus ?

[@clkeenan504]

BRUH!

[@arribaficationwineho32]

Who repairs all the movable doors when they stop moving?

[@arribaficationwineho32]

@@1975brett good luck with that

[@gledatelj1979]

The color palette looks to be non harmonious and there is too much happening like being pulled in every direction . That marble 7:50 also looks artificial and it stands out as an eye sore. It seems like the price is related to being entertained by quirks and gizmos and then you realize that there is no flat grass to be able to walk on freely.

[@mvpfocus]

Agreed.

[@w.harrison7277]

There's sometimes a comical moment in Scott's videos, this one is at 10:33 when he says "you guys should watch it all the way through on your own time." Haha, like what he means is "I've got things to be doing, stop bothering me." Like, "I'm done with you..kindly leave." Hahaha, I'm a big fan but this struck me as funny.

[@Real.Estate.Report]

Yeah I noticed that came out weird when I was doing the edit lol. I can always cut out those awkward moments when I mis-speak but hey I'm human so a lot of the time I just leave them in. What I meant was "watch the whole video when you have time".

[@Wolf15Man]

The One was amazing but this is fucking fantastic!!

[@youtubecarspottersguide1]

yes make the one look like 0

[@KokomoGreenberg]

This house is AMAZING however I like the 83 million mini me twin version of this house by the same developer

[@kelvinkiki4966]

I love the Haus so amazing

[@BrewPub]

Reminds me of a lego house where you can add trees and a whole bunch of accouterments. Design is just too busy and flashy.

[@claudi1881]

Arvin would ask: Where is the backyard?

[@t3truedesigns]

Very contemporary art deco.. has a 70's feel with modern touches..

[@Rhythmic1]

Wow!!!

[@fredsanford2589]

the one was listed at 240 when it was 1st listed

[@artapples8417]

The video starts at 5:17

[@Real.Estate.Report]

@@artapples8417 it does?

[@PachinkoMedia]

That's not a house. It's a Resort For One

[@Asukaconazucar-em8iv]

Waiting for the arvin haddad video about that 😂

[@dr.romeoconfidential9271]

Pls tell us the negatives too 🤣 I need to laugh at the ultra rich lol ! while I’m at work listening !!!

[@briansrensen8204]

Arvin Haddad joined the chat

[@jayj5339]

671 and 673 Siena!! 😅

[@ArtFreeman]

It is a nice place.

[@TanChuFengRvhs]

List price is about $50M too high though

[@naturemiya9560]

Trying to find this channel but all I see is Arya Stark 😭😭😭

[@OwenMaureen]

I'm new to investing, and I've lost a good sum trying out strategies I found in online tutorials. I would sincerely appreciate any recommendations you have.

[@Cindy-sy8fw]

As a beginner, it's essential for you to have a pro or a very good trader to keep you accountable.

[@Cindy-sy8fw]

Someone like expert Nancy Williams Laplace

[@ann-ie4hc]

The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional

[@SC-4rqub]

This is correct, Nancy's strategy has normalized winning trades for me also and it’s a huge milestone for me looking back to how it all started..

[@Vlad-ei3bs]

Yes, I agree with you. Her platform is wonderful and her strategies are exceptional.

[@douglasdennett4583]

This is the perfect place for the next private magical music concert of Ms. Angelina Jordan - Master Jazz & Pop Vocalist... DD.

[@tropicalbeach9225]

The CEO who bought the property for $56 million.... he is not getting burned or has nothing to lose.... Did you know that if you have $1 billion dollars... that is $25 million a year in interest? The guy has a net worth of $9 billion. so he gets $225 million a year in interest just sitting around doing nothing..... Lol

[@arribaficationwineho32]

Oh, they ALL have houses that are too large to inhabit. Too expensive, too large to maintain and no one wants to live like that. Money laundering at its finest. Cold and appealing.

[@mvpfocus]

Agreed. This makes for a good museum, though.

[@robsmith4492]

too much yapping. Just show the video

[@Comegetyourdose131]

Not aesthetically pleasing to me. Maybe I need the full Enes walk through to get a better ideas.

[@alanaldpal950]

I guess at $177 Million…. Yet get to call your “primary” bedroom a “Master Bedroom” 🙃

[@devo2920]

ardie reminds me of frank lloyd wright

[@Hilighted]

All due respect, but the Jetsons vibe is just way too strong here.

[@kendahl7922]

There are $TRILLIONS sitting on the sideline right now looking for a home…Ardies work in unique with the highest quality and non conventional…I saw 822 Sarbonne and it’s kinda party house for Billionaires…amazing craftsmanship on the home. It listed for $88 and sold to a Chinese billionaire for $75 and now valued at $64 a 1/2 dozen years later…guessing his audience is the same a global billionaire…

[@plutus205]

This one might sell for the $177M

[@thedappercook]

The Sauna suggests theyre Russians who have purchased?

[@JWCinPDX]

I saw the video when it was first posted a week ago. My first thought was, "What a monstrosity." You're going to have repairmen (crews) on site almost constantly fixing this or that gewgaw. The only person who could want this place is some braggart (like Trump) who has to be able to say he owns the best house in LA.

[@Real.Estate.Report]

@@JWCinPDX You do make a good point about maintenance…

[@bassman812]

Looks like The Williams got some of their house ideas from this and just couldn't pull it off.

[@u2me2us2]

OMG you’re gushing! So cute

[@R0cky0]

7:24 is that a real human? Kinda creepy

[@augustinefaithdefender]

It will get ruined when facing heavy rain or typhoon

[@Ali-Bea]

Sorry I think it’s a hot mess. It’s like a carpark with grass. The roof looks like the local salvage yard. The interior is full of kitsch junk.

[@southernights]

Looks like the 80s

[@kaiyotegaming5890]

What will be the value of the one in today's date, according to you?🤔👀

[@floraconti8828]

Wonderful mansion😍😍

[@E_L1000]

What a mess!!! Just all kinds of features added to a non cohesive disarray, in typical Californian fashion.

[@kaiyotegaming5890]

W

[@nawwk79]

The house design looks dated, like something build in the 70s.

[@mvpfocus]

Probably intentional since people with that kind of cheese were mostly around back then.

[@maxstro7033]

money laundering @ its finest

[@albinosquirlz]

Nice cartoon.

[@3inchhippotomous.508]

He has a creative mind,I'll give him that.

[@Real.Estate.Report]

@@3inchhippotomous.508 for sure