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Monster Spec House That Started Bev Hills Beef Asking $36MM

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Back in 2010 we heard about a neighbor-on-neighbor lawsuit on Laurel Way in Beverly Hills--developer Papcap Laurel Way LLC (aka businessman Richard Papalian) got permission from the city to demolish 50 percent of the house he was renovating, but he rounded that up to 90 percent instead, and he started building to 23 feet high when the limit was 14 feet. Papalian claimed he had verbal permission from the city for both changes, which the city disputed. Bygones, we guess! The (enormous) house is done now, and listed on The Agency's website (but not in the MLS). From the Wall Street Journal we learn that the 11,000-square-foot house has six bedrooms; 10 bathrooms; master suite with bar, a deck, and six-person jacuzzi with fire feature; screening room; 1,000-bottle wine cellar; and glass-walled, six-car garage (One spot for each jacuzzi occupant? Thoughtful.). The outdoor space has an infinity pool, firepit, a water feature that looks like a lap pool, a tiny-looking little putting green, and serious views "that inspired a team to build a home like no other with the utmost integrity," according to the listing. It's huge, glassy, insane, comes fully furnished, and is asking $36 million.

· Nine West Co-Founder Asks $49.5 Million for Hamptons Home [WSJ]
· 1201 Laurel Way [The Agency]