Peter Thiel revealed as secret buyer of Bel Air mansion that sold for $130m
The 1938 mansion, Casa Encantada, once belonged to Conrad Hilton and was sold at foreclosure auction
TL;DR
- Peter Thiel is the secret buyer of the Casa Encantada mansion in Bel-Air, purchased for $130 million.
- The 1938 estate is the most expensive property sold in Los Angeles this year.
- Casa Encantada previously belonged to Gary Winnick, Conrad Hilton, and David Murdock.
- The mansion sits on 8.4 acres and features seven bedrooms, 20 bathrooms, a pool, and a tennis court.
- Thiel intends to use the property as an investment and plans upgrades, adding to his extensive global real estate portfolio.
- He reportedly relocated his primary residence from California to Florida last year amid wealth tax discussions.