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$141 Million Bel Air Mega Mansion’s electric bill reaches $50K a month

By Richard Siekris Oct 3, 2022 | 7:27 AM

The most expensive home ever bought is a 105,000-square-foot California mansion in the hills of Bel Air whose electric bill can reach up to $50,000 a month.  The $141 million home known as “The One,” which is considered the largest modern home in the country, needs a lot of energy to cool it down during hot days.  Lawrence Castillo, the president of air-conditioning company Brody Pennell, told the Los Angeles Times that an electric bill at the home would be around $50,000 when operating at full capacity.  Castillo based his estimate on the fact that the mansion at 944 Airole Way includes a pantry, a bowling alley, a movie theater, a candy room, a 4,000 square-foot guesthouse, a sky deck with cabanas, a nightclub and a full-service beauty salon and spa.  In total, the residence has 21 bedrooms and 42 full bathrooms.  So who owns the home?  In March, Richard Saghian, the founder of retail company Fashion Nova, placed a $141 million bid for the home, which was approved by a US Bankruptcy Court judge.  Saghian snatched up the home at half its listing price of $295 million.

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