12 Mar A mansion will rise: Massive Bel Air development site lists for $60M (The Real Deal)
Eric Kroh, founder of Sandstone Properties, is selling his 30-acre spread, a massive piece of land in Bel Air that is entitled for a mansion up to 40,000 square feet. The price, $60 million. This one took Kroh over a decade to secure the permits. He’s already begun construction on the home, but wants to leave the final finishes to the future buyer.