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Josh Flagg Shares a Major Update on His “Legendary” Casa Encantada Listing & $195M Price
The Million Dollar Listing Los Angeles agent's listing is still on the market — and he has some news about it.
Josh Flagg is known to list historic and iconic properties. In August, the Million Dollar Listing Los Angeles real estate agent spoke to The Daily Dish about a very special listing of his — Casa Encantada — and now he has a major update on the property.
Josh took to Instagram on Thursday, Nov. 7 where he revealed that Casa Encantada, the "finest residence in the United States," now has a "$30M price improvement." He posted a series of photos taken at the Bel Air mansion and revealed that the "most legendary estate in Los Angeles" is now being offered at $165M instead of the previous price of $195M.
"Historic, iconic, and timeless," he wrote in the caption of the post. "Perched on an all usable 8.4-acre promontory overlooking the Bel Air country club."
The mansion, built in 1937, boasts seven bedrooms, 20 bathrooms, a "grand entry hall with 14-ft ceilings," a "spectacular formal dining room," and an informal living room with an art deco lucite bar. Outside, the home has a tiled 60-foot pool, formal rose gardens, vegetable and herb gardens, a tropical garden, and vast grass lawns.
"Built to be the most important estate in the country, maintained and stewarded until today," Josh concluded in the caption of the Instagram post. "A once in a lifetime opportunity."
He also spoke a bit more about the legendary home, adding, "If this was 2017, the house would be sold by now but given the state of the market, there aren't buyers lining up around the block for any house over $100M," Josh told Robb Report on Nov. 7. "With that said, there are people out there that can afford a house like this and it just takes that one person."
Josh Flagg says Casa Encantada is "the most famous house in Los Angeles" and connected to the Hiltons
In an August interview with The Daily Dish, Josh revealed that things were going well for him, and he was particularly happy about the listing. "I have the biggest house for sale in the country right now, so really, nothing better," he said.
Josh continued, referring to the house as "the old Hilton estate." According to The Wall Street Journal, Casa Encantada was once owned by Conrad Hilton, who purchased the home in 1950.
Josh added, "It is about 240,000 square feet and probably the most famous house in Los Angeles."
It's very clear that Josh's job and being around historic homes makes him very happy. He reiterated this to The Daily Dish in August. "I really love what I do," he continued. "There's nothing really I'd rather do about this, to be honest with you."
