The post Fascinating Reason Bel-Air Megamansion's Price Was Slashed by $12 Million—Falling Below What It Cost To Build It ...

Gordon Ramsay's Bel Air mansion was surrounded by police on Tuesday night after a prankster called 911 to falsely report that ...

Cops say a prankster tried to throw Gordon Ramsay into the frying pan ... calling in a bogus 911 report of a shooting at the ...

"So much engineering went into building it, so much specialized labor and craftsmanship, so many one ... "Bel-Air has had some real difficulties," Arkel continues. With the new Los Angeles mansion ...

Though it's unclear how much it cost to build the mansion, he would still stand ... A rare opportunity to own a private sanctuary in one of Bel Air's most coveted locations," the listing concludes.

James Packer has traded up in Los Angeles snapping up a statement Bel Air mega-mansion for a cool $174 million ($US110 million).

The purchase comes two months after the one-time Crown Casino boss leased ... It’s unclear whether he will now relist the house. The Bel Air upgrade comes after Packer reinvested in Hollywood ...