A Los Angeles mansion that originally listed for $85 million has sold for $50 million. It’s believed to be one of the highest-priced residential real-estate sales in the U.S. so far this year.
The home, which was owned by real-estate developer Mohamed Hadid, first listed for $85 million in 2009 but most recently asked $72 million. Public records list the buyer as Sarp Turanligil, owner of a Turkey-based yacht and furniture production company.
The 48,000-square-foot home, known as Le Belvedere, has 11 bedrooms and 14 bathrooms as well as a ballroom that can seat 250.
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