When Edwin Castro hit it big, winning the record-breaking $2 billion Powerball jackpot back in 2022, the overnight billionaire went on a spree of luxury purchases.
The 31-year-old from Altadena, California got himself a $25.5 million estate in Hollywood Hills, a $4 million mansion in his hometown of Altadena, and topped everything off with the $47 million purchase of an ultra-modern compound in Bel Air.
Now, if the Powerball winner had waited just a couple of months longer, he could have gotten the ritzy neighborhood’s newest gem — a newly built $49,950,000 residence that redefines modern opulence.
What does $50 million buy you in one of Los Angeles’ most exclusive neighborhoods?
In Bel Air, it doesn’t just get you a home; it’s an entry ticket into a world of unparalleled luxury and architectural wonder. This is exemplified by the newest addition to Bel Air’s real estate market – a $49,950,000 residence that’s the epitome of modern luxury (though you’d definitely need to win the lottery to afford it).
Spanning an impressive 20,000 square feet, this newly constructed three-story abode stands as a testament to contemporary design and sophisticated living.
As one steps into the two-story foyer, they are greeted by a majestic staircase, soaring ceilings, and a mesmerizing glass atrium, setting the tone for the opulent experience that lies ahead.
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The property — which boasts six bedrooms (each with its own ensuite bath) and an additional five bathrooms — is listed with Ben Bacal, a celebrity go-to real estate agent and founder of Revel Real Estate.
The heart of the home is its kitchen, tailored for culinary aficionados, featuring a restaurant-grade walk-in refrigerator and an expansive island.
The essence of luxury extends to the primary suite, a sanctuary featuring a fireplace, a wraparound deck with a fire pit, and panoramic views. The spa-inspired bathroom, with its rainwater shower and soaking tub, adds to the suite’s allure.
Beyond the living spaces, the property’s entertainment amenities are unrivaled.
From a state-of-the-art home theater and gym to a wine cellar and lush landscaping, every aspect has been carefully curated to offer an unparalleled living experience.
Before this modern mansion was built, the site was home to the Backus House, a modest yet significant Mid-Century Modern residence designed by Greta Magnusson Grossman — one of only a few female designers to gain prominence during the mid-20th century architectural scene in Los Angeles.
This previous dwelling, once owned by renowned actor Jim Backus, stood as a testament to understated elegance amidst Bel Air’s grandiose estates. Its simplistic design and seamless integration with the natural landscape offered a stark contrast to the opulent structures typically found in this neighborhood.
But just like with everything else in life, the old makes way for the new, and the newly built mansion at 677 Nimes Road stands as a symbol of architectural evolution — from the minimalist charm of the Backus House to the awe-inspiring grandeur of the present structure.
As for our Powerball winner, Edwin Castro, someone should give him a heads-up about the newly listed luxury residence. Maybe he’d like to buy this one too!
If not, fingers crossed for one of our readers to bank the next record-breaking jackpot. We’ve covered plenty of luxury houses for them to pick from!
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