Real Estate

Bin Laden's notorious Pink Palace up for sale

Bin Laden's notorious Pink Palace up for sale

Ibrahim bin Laden, Osama bin Laden’s brother, has listed his Bel Air mansion for sale, with an asking price of $AUD 38.1 million ($US 28 million) according to the New York Post.

Property records show that Ibrahim, the older half-brother of the late terrorist, has owned the property for nearly four decades.

When he purchased the Mediterranean-style mansion in 1983, Ibrahim spent $US 163,000 at the time - equating to roughly $US 5.5 million after adjusting for inflation.

However, the home has been unoccupied since the September 11 attacks in 2001.

Ibrahim was vacationing overseas at the time of the attack, but never returned to the US.

The listing describes the home as “ready for redoing, owner has not been here for over 20 years”.

Since the property has been long abandoned, interior photos of the home are hard to find, and the hefty price tag is based on “land value only” and location, rather than the state of the home itself.

The almost 100-year-old home, in the prestigious lower Bel Air neighbourhood, spans 600 sqm and sits on more than 8100 sqm of land.

The seven-bedroom, five-bathroom mansion was built in 1931 and features an unusual exterior of concrete that has been painted pink.

The property was previously owned by Hollywood producer Arthur Freed, who produced The Wizard of Oz, An American in Paris, and Singin’ in the Rain.

Ibrahim lived in the home with his former wife, Christine Hartunian Sinay, and employed “full-time groundskeepers, household help, chauffeurs, and private security”, according to Steve Coll’s biography, The Bin Ladens: An Arabian Family in the American Century.

Images: Realtor.com