The Nile Niami Beverly Hills Spec Home Finally Sells

This palatial Beverly Hills compound by megamansion developer Nile Niami, finally sells for $48.4M after 3 long years on the market.

Nov 26, 2020 | By Julia Roxan

Sweeping across the overpopulated scene luxury homes up for grabs, this palatial Beverly Hills compound first made its presence known in a loud champagne-filled promotional video by megamansion developer Nile Niami, in 2017. The unapologetically sexy promotional video featuring models slathered in gold paint parading around its luxurious interiors, was a not-so-subtle appeal to testosterone-charged buyers. Set for at least $100M, the residence unexpectedly stayed in the market for a total of three years before finally announcing its much awaited purchase on 24th November 2020.

The Nile Niami Beverly Hills Spec Home Finally Sells

Selling for much less than anticipated, the deal worth $48.4M was represented by Branden and Rayni Williams of the Williams & Williams at The Beverly Hills Estates agency. Complete with seven-bedrooms, 11-bathrooms, an in-door car museum, and most notably a contemporary glass and polished-stone behemoth designed by architect Paul McClean, this fully-furnished residence spans over 22,000 square feet, and has since undergone specific aesthetic changes, including repurposing a dedicated Champagne refrigerator into a temperature-controlled pantry.

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