America’s most expensive home – 105,000sq-ft Bel Air estate dubbed ‘The One’ – could go up for auction in January for $250M – HALF of what it originally asked – after it was placed in bankruptcy protection

We're still going back and forth, strategically speaking, but we anticipate that the listing price will be approximately $250 million,' Crestlloyd manager Lawrence Perkins told the court. 'Our goal is to run a thoughtful sale process to maximize the value from the small group of people in the world that can buy a property like this.