Posted on April 1st, 2014

Fleur de Lys, a 50,000sf estate in the Holmby Hills area of Los Angeles has sold for $102 million, making it the most expensive home ever sold in Los Angeles County, yet at $ 2,040/sf its a relative bargain compared to most luxury New York real estate…..especially considering the antique furnishings were included in the sale.

The Holmby Hills neighborhood, which together with Beverly Hills and Bel Air form Los Angeles’s Platinum Triangle, was first listed at $125 million in 2007, after David I. and Suzanne Saperstein completed renovations of the mansion. Unsurprisingly, the couple divorced after the renovations were completed and Suzanne Saperstein put the home on the market.

Multiple parties were interested in the property: According to the Times, the Saperstein finally sold the home in a bidding war involving three bidders, with the winning buyer closing in 10 days in an all-cash deal that includes the home’s antique furniture.  Although a record for Los Angeles County, it is still less than the $117.5 million paid for a Woodside estate in November 2012.

The home on 4.6 acres was modeled after Vaux-le-Vicomte, a castle outside of Paris. It features 12 bedrooms and 15 bathrooms, a 3,000-square-foot wine cellar, a ballroom with space for 300 guests. While an astronomical figure, in retrospect, this property is a relative bargain, although after seven years on and off the market, the tastes of billionaires must be changing for them not to have pounced on this years ago.