Known for building Fashion Nova into a global fashion powerhouse, Richard Saghian has now made waves in the world of luxury real estate with his record-setting $141 million purchase of “The One” mansion in Bel-Air.
As the visionary behind the ultra-popular fashion brand, Saghian’s taste for iconic, extravagant investments is reflected in this colossal estate, which spans 105,000 square feet.
Unmatched Luxury and Panoramic Views
This sleek white mansion, perched on a hill in Bel-Air, offers 21 bedrooms, 42 bathrooms, and commanding panoramic views of the Los Angeles skyline.
Lavish outdoor amenities include multiple infinity pools, a private putting green, and a stunning indoor pool framed by a vibrant living green wall, embodying Saghian’s affinity for grandeur and luxury.
Opulent Interiors and Unique Features
Inside, the estate features a state-of-the-art kitchen, spa-inspired bathrooms with breathtaking views, a bowling alley, and a whimsical candy room, blending modern design with serene opulence.
Every corner of the home speaks to Saghian’s bold statement of luxury, comfort, and style, perfectly complementing his reputation for larger-than-life success.
Scroll down to view photos of his lavish mansion.
Richard Saghian, the CEO of Fashion Nova, has recently made headlines in the luxury real estate market with his monumental purchase of “The One” mansion in Bel-Air, Los Angeles.
Acquired for $141 million, this transaction stands as one of the largest residential sales in the city’s history.
The One: A Monumental Estate
Located in Los Angeles, California, “The One” is recognized as the largest single-family home ever built in the city, covering approximately 105,000 square feet.
After over a decade of development, this expansive estate features a total of 21 bedrooms and 42 bathrooms, showcasing Saghian’s penchant for iconic investments.
Unmatched Luxury and Panoramic Views
This striking white mansion is perched on a hill, offering 360-degree panoramic views that encompass the Pacific Ocean, Downtown Los Angeles, and the San Gabriel Mountains.
Outdoor amenities are nothing short of extravagant, featuring five infinity pools, a private putting green, and a stunning indoor pool surrounded by a lush green wall.
Opulent Interiors and Unique Features
Inside, “The One” showcases a state-of-the-art kitchen and spa-inspired bathrooms that offer breathtaking views.
The estate is designed for unparalleled luxury, featuring a massive nightclub, a full-service salon and spa, and a private Dolby Digital theater that accommodates over 40 guests.
Entertainment options abound, with five luxurious pools, a bowling alley, and a whimsical candy room adding to the allure of the property.
A sprawling 10,000-square-foot sky deck provides an ideal space for relaxation and social gatherings, while a 400-foot private outdoor running track caters to fitness enthusiasts.
Each room is adorned with a neutral color palette that harmonizes with the stunning landscape, ensuring a cohesive aesthetic throughout the estate.
As the first and last of its kind, “The One” epitomizes the ultimate in Los Angeles living.
The Journey to Purchase
Saghian’s winning bid at the auction was initially set at $126 million but rose to $141 million due to auction fees.
The property’s history includes attempts to sell it for $500 million, accumulating over $250 million in debts, leading to a bankruptcy court auction.
Despite concerns from creditors regarding the final sale price, the court approved the transaction, paving the way for Saghian to acquire this iconic property.
Saghian’s Vision for “The One”
In his statement following the purchase, Saghian expressed his enthusiasm for owning such a unique estate.
He envisions collaborating with the City of Los Angeles and his design team to further enhance this remarkable property, which he considers a once-in-a-lifetime opportunity in real estate history.
Photos of the Mansion
As dusk descends, the expansive mansion stands out on its Bel-Air hilltop, serving as a symbol of contemporary opulence with its commanding views of the Los Angeles skyline.
Illuminated by twilight’s soft radiance, the stunning estate captivates with its modern design, featuring sleek lines and luminous interiors that create a peaceful retreat.
This pristine white mansion stands as a bold, modern contrast to the dusky L.A. skyline, harmoniously blending architecture and nature.
The lush green lawns complement the sleek, modern architecture of the expansive mansion, creating a seamless blend of sophistication and natural beauty that highlights the estate’s grandeur and elegance.
Crisp white structures frame the tranquil blue of the infinity pool, where contemporary design and ultimate luxury harmonize, creating a serene and opulent atmosphere.
Sleek furniture complements the minimalist grace of this exclusive Bel-Air outdoor retreat, showcasing the epitome of luxury living in a seamless blend of comfort and modern design.
As night descends, the calm waters of the estate’s pool merge with the L.A. skyline, offering an unrivaled setting for unforgettable evenings.
“The One” stands as a true masterpiece of modern design, its striking white contours boldly contrasting against the rich tapestry of the Bel-Air landscape, creating a stunning visual statement of architectural brilliance.
This stunning view from Bel-Air reveals the enchanting city lights, where the sparkle of urban life meets the serene tranquility of nature, creating a perfect balance of vibrant energy and peaceful surroundings.
The private putting green offers a spectacular vista of the shimmering cityscape beneath a starry sky, blending the thrill of the game with breathtaking views.
Luxurious Interiors
Adorned with a sleek modern sculpture and a cascading chandelier, the main hall exudes grandeur, setting the stage for the opulent experiences that unfold throughout the estate.
In the spacious living area, modern design seamlessly blends with comfort, while panoramic views draw the beauty of the outdoors into the heart of the home.
This contemporary bowling alley radiates sophistication with its monochrome palette, complemented by sleek black seating, vibrant neon green lines, and a gleaming white floor for an upscale entertainment ambiance.
In this vibrant bar, a luminous modern ambiance is enhanced by a living green wall, seamlessly blending nature with sleek design to create a sophisticated and stylish space.
By the indoor pool, a vibrant green living wall brings a burst of nature into the sleek modern space, creating a stylish and serene lounging area.
Sunlight streams through the expansive windows of this modern office, casting a glow on the minimalist black shelving and the stylish seating set against the immaculate white marble flooring.
The light-filled corridor offers a sense of tranquility, where modern sculptures and abstract art pieces create a striking contrast against the minimalist design.
Elegant lighting and modern art come together in the dining area, making a bold statement and creating a dynamic space that enhances the experience of entertaining alongside captivating views.
The chic bar area blends modern design with classic comfort, offering a stylish space ideal for enjoying a cocktail or hosting an intimate gathering.
Culinary dreams come alive in this state-of-the-art kitchen featuring sleek black finishes and a warm golden glow, perfect for crafting gourmet meals.
This sophisticated lounge features custom shelving that showcases an array of curated art pieces, set against a backdrop of rich wood paneling, creating a refined and elegant atmosphere.
The private theater elevates movie nights to a new level, featuring luxurious seating that transforms every viewing into a premier experience.
The whimsical candy room presents floor-to-ceiling displays of colorful treats and nostalgic childhood candies, creating a playful and visually delightful space.
This sumptuous bedroom invites serenity, with floor-to-ceiling windows providing a breathtaking dawn-to-dusk panorama of the sprawling city below.
The spa-inspired bathroom offers a peaceful retreat, featuring a standalone tub surrounded by breathtaking views and lush greenery, creating a serene and luxurious atmosphere.
Equipped with top-of-the-line equipment and ample space, the expansive gym offers an ideal setting for an invigorating workout in a modern, well-designed environment.
This exquisite salon offers ultimate relaxation, where bold reds and luxurious finishes combine to create a space that is both stylish and supremely comfortable.
The walk-in closet exudes elegance, with exquisite lighting and glass cases displaying fashion pieces as if they were works of art, creating a luxurious and refined atmosphere.
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