Los Angeles’ Fleur de Lys Mansion Sells for $102 Million to Mystery Buyer

01.27.2015 | Blog

The sprawling 50,000-square-foot French-style mansion contains 12 bedrooms, 15 bathrooms, a two-story library, a wine cellar and plenty of room for guests and the help. Though three billionaires were bidding to buy the home, on the market since 2007, the identity of the buyer has not yet been confirmed.

They said it couldn’t be sold, but one of the most expensive estates in Los Angeles finally closed, and for a record price.

The Fleur de Lys estate — a garish, 50,000-square-foot French-style mansion — was purchased for $102 million by a mystery buyer, the Los Angeles Times reports. What’s more? The transaction was handled in cash.

The paper reports that the Fleur de Lys was purchased by nonpartisan think tank the Milken Institute, located in Santa Monica.

However, a representative for the institute told the paper that the Milken Institute did not purchase the sprawling property.

Regardless of the buyer’s identity, they have made history for purchasing the most expensive home in Los Angeles County. The owner will have a host of amenities that would give the Granthams of “Downton Abbey” a run for their money: 12 bedrooms, 15 bathrooms, two-story library, wine cellar and, of course, plenty of room for the hired help.

The estate also houses a commercial kitchen, staff dining room and offices.

The L.A. Times notes that three billionaires were part of the bidding war for the house, which has been on the market since 2007.

Beth Stebner