This Is Why Mohamed Hadid's House Is a Bargain at $85 Million

If you have a spare $85 million lying around, you might want to consider purchasing Mohamed Hadid's lavish Bel Air home, Le Belvédère. The estate was recently put on the market for just that amount — and according to the listing agents, Joyce Rey of Coldwell Banker Previews International and Stacy Gottula of The Agency, it's worth every penny.

"It embodies that luxury hotel feel," Stacy told The Daily Dish about The Real Housewives of Beverly Hills pal's famous residence. "From the moment you enter the property you're taken back by the fountains; there's a swan pond. And then as you're standing at the front door [where there's] all glass, a very large foyer. You can see the view from downtown Los Angeles, that kind of leads you all the way out to the backyard that has beautiful rose gardens and basically you're sitting on top of the city in this house in Bel Air. You're in prime Bel Air. It's one of the most prestigious streets in Bel Air."

 Photo David O. Marlow 

Joyce noted that "It's a magnificent combination [and an] exquisite estate" that includes a Moroccan-themed room, a poker room, and not one but two master suites. "The scale of the rooms is just unbelievable — high ceilings throughout on all 3 levels [with] incredible views of the city," she said. "It's just a majestic French chateau, which is rather unique [in L.A.]. We see a lot of contemporary houses. We see a lot of Mediterranean houses. We see a lot of pod houses. You don't see a lot of French chateaus and I think that's one of the reasons that this property stands out because its design and architecture is really spectacular."

 Photo David O. Marlow 

Stacy and Joyce have been working with Mohamed for years and were the agents on hand when Mohamed sold the pad back in 2010 (he's now renting it from its current owners), making it the highest sale in Bel Air at that time. And if you think that the price tag might be a little steep, Stacy explained why that really isn't the case. Plus, you could buy it with the furniture if that's something you might want to pay a little extra for. "Honestly at $85 million this property, compared to a lot of the high-end properties that are coming on the market with the $250 [million] price tag or a $500 million price tag, I think we priced it really to sell it. We've had a lot of activity and interest with launching this two weeks ago. And obviously most clientele coming through you have to be a billionaire and qualified, so we've had a lot of interest since we've hit the market. I think people do see the value in it because of the 2.2 acres."

 Photo David O. Marlow 

Check out more spectacular views, below.