Bel Air spec house gets a $62 million price chop

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It’s no longer the nation’s most expensive house An enormous Bel Air mansion that hit the market last year with a $250 million price tag is no longer the nation’s priciest listing, after a healthy $62 million price reduction. Dubbed Billionaire, the 38,000-square-foot spec house was built by developer Bruce Makowsky, who previously sold an amenity-rich Beverly Hills residence to Minecraft creator Markus Persson. After being de-listed last summer, the home returned to the market last week seeking $188 million. That means that The Manor, the wildly extravagant former Holmby Hills residence...

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