Location, location, location. This common rational of real estate professionals around the globe is most accurate when examining Los Angeles – a city known for boasting some of the most prestigious and exclusive real estate in the world. Properties in the ultra-luxury market are judged by a different set of standards than traditional real estate. Every inch and detail of the property is taken into consideration, but location plays an enormous role in the final valuation of the estate, often exceeding the value of square-footage and amenities. In Los Angeles, kings of industry and commerce, celebrities, and royalty flock from all over the world to buy the few remaining houses and undeveloped tracts of land in the world-famous communities they see on TV. Dreams examined what transpires when you combine the scarcity of Los Angeles’ location with a no-budget, no-limits design influenced by mega-yachts, private jets, and lifestyles of the ultra-affluent. Our findings? A masterpiece built exclusively for the most discerning billionaire. Major luxury developer Bruce Makowsky, known for curating, designing and bringing to life some of the most stunning homes in the country, has unveiled his greatest masterpiece, a brand new $250 million spec home located at 924 Bel [...]
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