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Asking $295 Million, Bel Air’s ‘The One’ Mega-Mansion Is Finally Slated for Auction​

One of the world’s largest homes is set to hit the auction block in early February, amid bankruptcy proceedings, asking $295 million. Known since its inception by colorful and controversial developer Nile Niami simply as “The One,” the monstrous and still-incomplete Los Angeles structure is 10 years in the making. Originally, the place had been expected to list for around $500 million, so you could be scoring a sweet deal, depending on how one looks at it. Ahem.

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