Los Angeles

Mystery Buyer Reserves $200M Beverly Hills Sky Palace, Aims To Crush L.A. Condo Record

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Published on July 15, 2026
Mystery Buyer Reserves $200M Beverly Hills Sky Palace, Aims To Crush L.A. Condo RecordSource: Unsplash/Arch Stop

A mystery buyer has reportedly reserved an unfinished penthouse at the Aman Beverly Hills for about $200 million, a staggering figure that would obliterate the Los Angeles-area condo sales record if and when the deal actually closes. The two-level residence is said to span roughly half of the top two floors of a planned 28-story tower and is being marketed in raw, unfinished condition. So far, only a deposit has been put down and the buyer has not been publicly identified.

What the $200M penthouse includes

According to The Wall Street Journal, the penthouse is slated to include about 16,810 square feet of interior living space plus roughly 14,265 square feet of outdoor areas and terraces. Plans call for two private pools and a rooftop terrace. The Journal also reports that the residence would take up half of the top two floors, with a mirror-image unit on the other side of the tower offered at the same price point.

How it would rewrite local records

If the roughly $200 million price tag survives to closing, it would dwarf the current Los Angeles-area condo sales record of about $39.1 million, based on a 2025 closing detailed in transaction records reviewed by Traded. Broader numbers show that condo activity across Greater Los Angeles cooled in the second quarter of 2026, with fewer deals and softer median prices than a year earlier, according to Sotheby’s International Realty.

One Beverly Hills, and how it got here

The Aman Beverly Hills residence is part of One Beverly Hills, a 17.5-acre, multibillion-dollar master-planned campus led by Cain International, with partners including OKO Group and Eldridge. The site is expected to combine an Aman hotel, a private club and branded residences set among extensive gardens. The project secured about $4.3 billion in financing in March 2026, according to the Los Angeles Times. Developer presentation materials outline tiered residential offerings, many with private pools, as well as early sales pacing for the first tower.

The catch: unfinished and off-plan

There is a big asterisk on that headline-grabbing $200 million figure. The unit is not built out and is reportedly only reserved with a deposit rather than sold, which means the final price is not locked in until closing. The New York Post notes that some brokers are skeptical of splashy pricing on ultra-luxury, off-plan listings, pointing out that numbers can shift significantly between early reservations and completed deals.

What to watch next

Marketing materials for the Aman-branded residences spotlight expansive private terraces, plunge pools and access to the Aman Club as key selling points. For now, the buyer behind the reported reservation has stayed in the shadows, and the unit will only make history if the deal closes at or near the rumored $200 million price.