Karen Winnick, along with her late husband, billionaire financier Gary Winnick, owns the breathtaking Casa Encantada in Bel-Air, now listed at $195 million after a substantial $55 million price reduction. Purchased together in 2016 for $27 million, this magnificent property, presented by Linda May of Hilton & Hyland, offers an unparalleled blend of opulence, privacy, and sophisticated design, making it a prime investment opportunity in one of Los Angeles’ most prestigious neighborhoods.
Exquisite Design and Lavish Interiors
This spectacular mansion spans 19,106 square feet and features nine bedrooms and twelve bathrooms. As you enter the grand foyer, you are immediately captivated by the soaring ceilings, intricate moldings, and exquisite finishes that define the home. The expansive formal living room boasts floor-to-ceiling windows, allowing natural light to flood the space, while a stately fireplace adds a touch of warmth and elegance.
The gourmet kitchen is a chef’s dream, equipped with top-of-the-line appliances, custom cabinetry, and a large center island. Adjacent to the kitchen is a formal dining room that exudes sophistication, perfect for hosting intimate dinners or grand soirées. The estate also includes a spacious family room, a state-of-the-art home theater, and a wine cellar that can accommodate an impressive collection.
Outdoor Paradise
The exterior of the property is equally impressive, featuring beautifully landscaped gardens, a sparkling infinity pool, and multiple terraces for outdoor entertaining. The outdoor kitchen and dining area provide an ideal setting for alfresco meals, while the lush lawns and serene water features create a tranquil oasis. The estate also includes a tennis court and a guest house, ensuring that every amenity is at your fingertips.
Recent Transactions and Notable Ownership
Karen Winnick, along with her late husband Gary Winnick, acquired this estate in 2016 for $27 million. Gary Winnick was a renowned financier, best known for founding Global Crossing, a telecommunications company that laid over 100,000 miles of fiber optic cables worldwide. Before his passing on November 4, 2023, Gary’s net worth was estimated to be over $4 billion. He made significant contributions to both the business and philanthropic sectors, leaving a lasting legacy.
Prestigious Neighborhood and Celebrity Residents
Located in the heart of Bel-Air, this estate is surrounded by the homes of numerous high-profile individuals, including Jennifer Aniston, Beyoncé, and Jay-Z. The neighborhood offers unparalleled privacy and security, making it a favored locale for celebrities and business moguls alike. Notable real estate transactions in the area highlight its exclusivity:
- In 2020, Jeff Bezos purchased the Warner estate in Beverly Hills from David Geffen for $165 million.
- In 2019, Lachlan Murdoch acquired the Chartwell estate in Bel-Air from the estate of the late Univision Chairman Jerry Perenchio for $150 million.
- Earlier this year, Beyoncé and Jay-Z invested in a 40,000-square-foot beachfront estate in Malibu for $200 million.
These high-profile acquisitions underscore the desirability and prestige of the Bel-Air and surrounding areas, solidifying their status as prime real estate for the world’s elite.
Investment Potential and Accessibility
Bel-Air continues to be one of Los Angeles’ most sought-after neighborhoods, with property values steadily rising. The estate’s prime location and impeccable design make it a standout investment opportunity. Within a short drive, residents can access top-tier amenities such as the Getty Center, the Los Angeles Country Club, and the high-end shops and restaurants of Beverly Hills.
The property is conveniently located approximately 20 minutes from the Los Angeles International Airport (LAX), 30 minutes from the iconic Santa Monica Beach, and just 15 minutes from the exclusive Bel-Air Country Club.
Conclusion
This Bel-Air mansion represents the pinnacle of luxury living, combining timeless elegance with modern amenities and unmatched privacy. With its prestigious location, opulent design, and significant investment potential, Casa Encantada is a truly exceptional property.
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In September 2025, the government of the Mexican state of Nuevo León, through its civil police and cyber police
unit, issued a public warning to parents stating that Roblox was not a safe platform for children for similar reasons.
Russia banned the platform for promoting “extremist materials” and content
related to the LGBTQ community. It has also been accused by Hindenburg Research of artificially inflating its monthly active player count.
They also criticized the platform’s virtual economy, comparing the limited collectibles
market to gambling.
An additional ‘tier’ of this system, known as “Trusted Connections”,
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This version initially only released with selection of 15 games chosen by
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In 2008, the Roblox Corporation stopped actively creating their
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It was determined early on in development that the two would design Roblox
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The entire resort, including gaming areas and hotels, is
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As of the beginning of 2010[update], approximately 80% of the world’s top 50
telecoms companies had worked with Huawei. Qiao and Marquis observe
that company founder Ren is a dedicated communist who seeks to ingrain communist values at Huawei.
In July 2021, Huawei hired Tony Podesta as a consultant and lobbyist, with a goal
of nurturing the company’s relationship with the Biden administration. In August 2019, Huawei hired the law
firm Sidley Austin to lobby in the US after restrictions were placed by the Trump administration. In 2021,
Huawei did not report its ultimate beneficial ownership in Europe
as required by European anti-money laundering laws.
In 1997, Huawei won a contract to provide fixed-line network products to Hong Kong
company Hutchison Whampoa. It has become the most important Chinese telecommunications company operating in these
regions. Beginning in the late 1990s, Huawei built communications networks throughout sub-Saharan Africa and the Middle East, with its first entrance into the
African telecommunications market in 1998.
Huawei was promoted by both the government and
the military as a national champion, and established
new research and development offices. By 1990 the
company had approximately 600 employees in research and development
(R&D) and began its own independent commercialization of PBX switches
targeting hotels and small enterprises. The Wall Street Journal has
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New York-New York hotel location on the Strip
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the audience ranking based on their total points.
In February 2006, Microsoft announced that it intended to expand
its Redmond campus by 1,100,000 square feet (100,000Â m2) at a cost
of $1Â billion and said that this would create space for between 7,000 and 15,000 new employees over the following three years.
The more viewers engage (for example, via live chat messages,
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The Seattle Times reported in early September 2015 that
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the Redmond campus, using an additional 1.4Â million square feet (130,000Â m2) allowed
by an agreement with the City of Redmond.
In 2009, a shopping mall called “The Commons” was completed on the campus,
bringing 1.4Â million square feet (130,000Â m2) of retail space, as well
as restaurants, a soccer field and pub to the
West Campus. It is estimated to encompass over 8Â million square feet (740,000Â m2)
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