Inside a $300 million megamansion with parking for 150 cars

One of the world’s most expensive houses has hit the market in Los Angeles. 

The compound sits on a private hilltop in Beverly Hills overlooking a vast kingdom of vineyards and rolling lawns. 

You could fit 21 average Australian houses inside the 4900-square-metre house, which is nearly the size of Windsor Palace. 

The owners of the estate are billionaire Jeff Greene and his real estate executive wife Mei Sze Chan, who grew up in Sydney.

The lavish mansion – dubbed the Palazzo di Amore – was just a shell when Greene first bought it in 2007 for $US37 million ($56.9 million). 

Over the next few years, he embarked on a massive construction project to the tune of $US25 million ($38.5 million), according to the New York Post. 

Today, the estate is the largest and most opulent private residence in Beverly Hills. 

Everything in the 12-bedroom property is on a grand scale.

There is a 24-car garage with capacity to fit up to 150 vehicles, a 150-person swimming pool and a wine tasting room that can fit 10,000 bottles of wine. 

A bowling alley and 50-seat movie theatre are tucked into the entertainment wing, while elsewhere there is a billiards room, library and even a discotheque. 

Greene and his family do not live at the Palazzo di Amore on a permanent basis. 

The property has been on and off the market since 2014, when it was listed for $195 million ($300 million). At the time, it was the most expensive property for sale in the US.

“The house hasn’t really been on the market because we’re not that motivated to sell it,” Greene told The Post. 

“We don’t use it much, but we use it when we use it, you know?” 

Now, the mansion is back on the market for $US195 million ($300 million). 

It’s more than double what multimillionaire Yan Zhang paid for Australia’s most expensive home in July this year. 

Nicholas and Patrick Michaels from LA Estate Brokerage have the listing for the Palazzo di Amore.