Chinese Investors & The $53 Million Underground Californian Mansion

  • 11 years ago
  • Uncategorized

$53 million is the stunning price tag for this
unusual house in the Rolling Hill Estates in California USA. Speculation begins on
who may buy such a property, an international property expert expects a buyer from

The price tag is not what makes this home
stand out from the crowd, its made very special owing to its 25 bathrooms! and features underground
living with a never seen before Moroccan-style baths area.

The home has indoor and outdoor swimming
pools are described at Zillow as “unimaginable panoramic views encompassing the beaches, West
Side, the Hollywood Hills, downtown Los Angeles and the San Gabriel Mountains” 


It is in a 24-hour guarded/gated estate
community with “aromatic manicured grounds”, marble fountains, a
bocce court, rose garden and orchards with 24 varieties of fruit and nut trees.

Famously featured on the cover of the L.A.
Times it is said to be one of California’s most unique & stunning homes.

With its location so close to Hollywood and the huge price it
could well be the next home of a wealthy celebrity. 

Location is said to be a key sell point for any home home, this property has panoramic views encompassing the beaches, West Side, the
Hollywood Hills, downtown Los Angeles & the San Gabriel Mountain

from international real estate portal

“ I would not discount an overseas buyer purchasing this stunning
piece of real estate. Limited investment options and abundant liquidity are
prompting Chinese investors to look abroad for alternative opportunities;
Chinese individuals, property developers and institutions have increased their
holdings of overseas real estate. Wealthy Chinese will spend billions on U.S.
real estate in the years ahead, according to a reportsreleased CB
Richard Ellis, a large global real estate firm. We also recognise  how the Chinese are attracted to our overseas property listings”

Chinese commercial real estate purchases in
the U.S. totaled over $3 billion in 2012, much of it in California.  The
state is expected to see record investments by the Chinese in 2013, the Asia
Society said.  Two sizable deals took place this year already.


Looking closer at the home potential buyers
will find extraordinary handcraft & artisan finishing throughout; over
50,000 sq. ft w/ 9 bedrooms, 25 bathrooms, outdoor clay tennis court to French Open
Specifications, indoor tennis court to US Open Specifications, complete w/
neoclassical details, stunning murals & capable of conversion to a 350
attendee ballroom, orchestra & full catering facilities; Indoor &
Outdoor swimming pool. More Photos Facebook

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