Last week, Amazon founder Bezos threw down a record $245 million (US$165m) for a Beverly Hills mansion, the most ever paid for a home in Los Angeles.

But that record itself could soon be broken, when a 9290 square metre Bel Air mega-mansion, ostentatiously named “The One” is put up for sale shortly.

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The asking price? $750 million. No, that isn’t a typo. When it does hit the market the sticker price is set to be $USD 500 million, that’s $AUD 750 million.

You could buy three of Mr Bezos’ measly mansions with that coin.

So what do you get in a $750m home? Well, ‘The One’ is more like a small town than a house.

The uber luxurious home has 18 bedrooms (so you only have to make your bed about once every three weeks), 25 bathrooms (so you never ever get disturbed when you are in there), four swimming pools (because who says three is too many?), a bowling alley (so you don’t have to wear or share those horrible shoes) and a nightclub (because life should really be one non-stop party).

The house enjoys uninterrupted 360 degree views over the rest of LA (and all those poor people who can’t afford a similar house, and who can’t party all day and night at home if they want to) and a 20-car garage (one car from every manufacturer - of course).

According to reports, seven years after starting work on his career-defining LA project, former movie-mogul, now property developer Nile Niami will very shortly put “The One” on the market.

Giving a house an outrageous price tag, well above its market value is a sales tactic known as “aspirational pricing”. But Mr Niami says he is serious about his sticker price.

“When you have something that’s as rare as the Mona Lisa, you can command whatever you want for it,” he said according to Bloomberg.

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“When the house was started, I had no basis to ask $500 million — now there are so many triple-digit sales in L.A. and the world that the asking price is not unreasonable anymore.”

Bezos purchase is as good evidence of that as any.

The most-expensive home currently for sale in the United States is the legendary Bel-Air estate Casa Encantada, complete with an eye-watering price guide of $AUD 328.62 million ($US 225 million).

The exceedingly lavish property was put on the market in November.

The gated grounds of Case Encantada include a long drive through lush landscaping and entry into a grand hall with 18-foot ceilings that opens into a large reception room branching off into formal living and dining areas, a grand ballroom and piano room.

Fox Business reports, ‘The One’ will test just how high the LA luxury real estate market can go.

Los Angeles County saw its highest home price record broken twice in 2019, with Aaron Spelling’s former mansion selling for just shy of $120 million and mansion from “The Beverly Hillbillies” selling for $150 million, the Los Angeles Times reported. And at least three more properties are priced at $150 million or more.

But there do appear to be limits as to what buyers will pay. A 157-acre property known as “The Mountain” because it occupies the highest point in Beverly Hills and Los Angeles that had once been listed for $1 billion sold for just $100,000 at a foreclosure auction.

Parts of this article originally appeared on Fox Business and are republished with permission.