Designer and developer Michael Palumbo presented his latest project – a jaw-dropping $100 million estate that will be built in Beverly Hills, Calif. Described as the pinnacle of his career, the minimalistic residence is inspired by a floating estate in Singapore. What is going to be a compound-style home that revolves around water, the grandiose residence will feature seven bedrooms (including a 3,100-square-foot master suite with private access to a rooftop garden); 14 bathrooms; a great room with a hidden bar; and an 18-seat dining room—all surrounded by eye-catching water features.
Outside guests will be able to enjoy a 1.5-inch-deep reflecting pool that will lead to an acrylic pool in the foyer, which seamlessly connects to a lap pool and then to a vanishing-edge pool around the entire property. This creates a never-ending composition of water and matter that come together in one architectural marvel.
The see-through pool in the foyer lets light flood into the lower level of the home, where all of the amenities will be houses. The lower level will house a nightclub, a full bar and lounge (with the pool as its ceiling), a 20-seat theater room, a two-lane bowling alley, a professional catering kitchen, a hair and nail salon, a wellness center, an eight-car garage. Other extravagant entertaining amenities complete the vibe of a fully-functioning socializing hot spot.
The lot and plans are available for preconstruction acquisition for $35 million or for final turnkey purchase for $100 million. Construction is expected to last 24 to 26 months, and interested buyers can contact the Coldwell Banker team to inquire about the water-ringed oasis in Beverly Hills.