Great value $200M Beverly Hills penthouse to obliterate condo sale record but theres 1 catch

A half-built penthouse atop the Aman Beverly Hills is on track to sell for $200 million, a sum that would annihilate the current record for a condo sale in the Los Angeles area.Right now, the bar sits at $39.2 million, the price fetched by a luxury unit at the Century, in Century City, in 2025.This new nine-figure sale, a staggering 410% higher — blows this current record out the water.

The Wall Street Journal first broke news of the massive deal.The residence itself takes up half of the top two floors of a 28-story tower, the first of a planned pair of condo buildings rising alongside a 78-room Aman hotel.It’s currently reserved, meaning a deposit is partially down, though the identity of the buyer remains unknown.

However, given its current unbuilt state, its buyer can’t even live there yet.A twin unit on the other half of the floor is also on the market for $200 million, according to Larry Green, senior managing director of Cain Development, which is building the project with Vladislav Doronin’s OKO Group.Each penthouse spans 16,810 square feet indoors, with roughly another 14,265 square feet of outdoor space.There are two private pools and a rooftop terrace included.Owners will look out over the Pacific, the Hollywood Hills and the downtown skyline, plus get the run of a 100,000-square-foot private club and the hotel’s spa, gym and dining rooms.Condos have historically played second fiddle to sprawling mansions in LA’s luxury market, but a wave of branded residential towers is working to flip that script.

Designed by Kerry Hills Architects, Aman Beverly Hills anchors One Beverly Hills, a $10 billion, 17.5-acre development near Rodeo Drive being built in partnership with Todd Boehly’s Eldridge Industries. More than $1 billion in condos across the project have already been reserved or put under contract since sales opened in early 2025, per Green.The first tower will hold 69 units total, with entry pricing at $20 million for a two-bedroom, 3,600...