Retired ER Doctor Joseph Englanoff Returns Two Los Angeles Megamansions to Market for a Combined $167.95 Million
In a real estate market already known for its extremes, retired emergency room doctor turned luxury property developer Joseph Englanoff has once again raised eyebrows — and the stakes. He has relisted two of his jaw-dropping Los Angeles-area megamansions for a staggering combined asking price of $167.95 million. Whether you are a seasoned real estate investor, an ultra-high-net-worth buyer, or simply someone who loves following the world of luxury property, these two estates represent the pinnacle of opulent living in one of the most coveted cities on earth.
Who Is Joseph Englanoff?
Joseph Englanoff's story is one of remarkable reinvention. Originally a practicing emergency room physician, Englanoff pivoted his career into the world of high-end real estate development, channeling the same precision and drive that defined his medical career into crafting some of the most extravagant spec mansions ever built in the Los Angeles area. His properties are not merely homes — they are lifestyle statements, engineered to appeal to the world's wealthiest buyers who demand nothing short of extraordinary.
His return to the market with both estates signals renewed confidence in the ultra-luxury segment, even as broader real estate markets continue to navigate uncertainty. Notably, the seller is also open to cryptocurrency payments — a modern touch that underscores the forward-thinking nature of these listings.
Property One: The $68 Million Spec Mansion With a Hookah Lounge and 30-Person Jacuzzi
The first of the two properties is a nine-bedroom spec mansion that redefines what it means to live extravagantly. Currently listed at $68 million, this is already a notable reduction from its original February 2023 listing price of $72.5 million, presenting what some in the luxury market might consider an opportunistic entry point — at least by megamansion standards.
The amenities inside this property read less like a home and more like a world-class resort:
- Hookah lounge — a lavish space designed for entertaining and relaxation
- 30-person Jacuzzi — ideal for large-scale social gatherings or private retreats
- Sand volleyball court — bringing resort-style outdoor living directly to the property
- Panic room — offering state-of-the-art security for the most discerning buyers
- Shoeshine station — a refined detail that speaks to the property's attention to every luxury touch
This combination of security, recreation, and indulgence makes the spec mansion a rare find even within the rarefied world of Los Angeles luxury real estate. For buyers who value both entertainment capability and personal privacy, this property checks every conceivable box.
Property Two: La Fin — The $99.95 Million Crown Jewel
The second estate, known by the evocative name La Fin, carries an even higher price tag of $99.95 million, cementing its position at the very top of the week's most expensive homes list nationally. Like its counterpart, La Fin also features nine bedrooms, but its curated amenity list leans into a different kind of luxury — one that is refined, sophisticated, and unapologetically indulgent.
Among La Fin's most remarkable features are:
- 1,000-bottle wine cellar — a collector's dream and an entertainer's showpiece
- Cigar lounge — a dedicated space for the finest tobacco experiences
- Ice-cold vodka tasting room — an extraordinarily unique feature that sets La Fin apart from virtually any other property on the market
- Fitness center with rock climbing wall — merging elite athletic training with the comforts of home
La Fin's current asking price represents a dramatic reduction from its original November 2022 listing price of $139 million — a drop of nearly $40 million that makes this already extraordinary property a compelling proposition for serious luxury buyers.
A Legacy Compound Opportunity: $167.95 Million for Both Estates
While each property is available for individual purchase, the proximity of the two estates — located just 5.5 miles apart — opens up a compelling narrative for the right buyer. Together, they could be acquired and operated as a multigenerational legacy compound, offering separate but connected environments for extended families, business associates, or private retreats.
The combined asking price of $167.95 million is itself significant in context: when both properties first hit the market, their combined price was $43.6 million higher. This cumulative reduction is a rare and meaningful development in a segment of the market where price cuts are uncommon and often signal real opportunity.
The Broader Los Angeles Ultra-Luxury Market
Los Angeles has long been synonymous with celebrity wealth, architectural ambition, and real estate excess, but the ultra-luxury segment — properties listed above $50 million — operates by its own set of rules. Demand is driven by a small, global pool of buyers, and properties at this level can sit on the market for extended periods before finding the right match. Englanoff's decision to reprice both estates demonstrates a pragmatic understanding of this dynamic, balancing the aspirational nature of these listings with a sharper awareness of current buyer sentiment.
The acceptance of cryptocurrency as payment also reflects a broader trend in luxury real estate, where sellers are increasingly willing to embrace digital assets to attract tech-industry wealth and international investors who prefer crypto transactions.
Final Thoughts: Are These LA Megamansions Worth It?
For the right buyer, the answer is almost certainly yes. Joseph Englanoff's two Los Angeles megamansions offer a caliber of amenity, design, and lifestyle infrastructure that is virtually impossible to replicate. From La Fin's vodka tasting room and thousand-bottle wine cellar to the spec mansion's sand volleyball court and 30-person Jacuzzi, these estates are engineered for buyers who want — and can afford — everything.
With prices reduced by tens of millions of dollars from their original listings and the option to purchase both as a combined legacy compound, the relisting of these two properties is one of the most significant luxury real estate developments in Los Angeles this year. Whether purchased separately or together, they represent the absolute apex of what money can buy in one of the world's most glamorous cities.