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Peter Thiel revealed as buyer of Casa Encantada estate

Original: casa encantada 130 million sale

Venture capitalist Peter Thiel has been revealed as the buyer of Casa Encantada, the storied Bel Air estate that sold for around $130 million, making it one of the priciest home sales in Los Angeles history. The landmark property, long considered among California's grandest residences, had been on the market for years, and the identity of the buyer had remained undisclosed until now.

Why now: The identity of the buyer of one of America's most expensive homes was just revealed.

Peter ThielCasa EncantadaBel AirLos Angeles

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