Most expensive home for sale in US gets $50 million price chop: PHOTOS - Business Insider

The iconic Chartwell Estate in Los Angeles just sold for about $150 million, breaking the California sales record, Neal J. Leitereg reported for The Los Angeles Times.The buyer was media mogul Rupert Murdoch's son, Lachlan Murdoch, according to The Wall Street Journal.Once listed for $350 million, the Chartwell Estate is the most expensive home ever sold in California and the second-priciest ever sold in the US. It is surpassed only by hedge-fund manager Ken Griffin's $238 million condo purchase in New York City in January 2019.The historic Bel-Air estate sits on more than 10 acres and features a 26-room mansion, a 75-foot pool and pool house, and a guest house.The home also comes with a secret underground tunnel and a 40-car subterranean garage.The property has an annual tax bill of $1.3 million, one of the highest in Los Angeles, according to the Times.Visit Business Insider's homepage for more stories.The Chartwell Estate in Los Angeles just sold to media mogul Rupert Murdoch's son Lachlan Murdoch for about $150 million, Neal J. Leitereg reported for The Los Angeles Times.Once listed for $350 million, it's the most expensive home ever sold in California and the second-priciest ever sold in the US, beat only by hedge-fund manager Ken Griffin's $238 million condo purchase in New York City in January 2019.Lachlan Murdoch is the co-chairman of his father's company, News Corp, which owns publications including The Wall Street Journal and The New York Post.The Chartwell Estate has gotten several price cuts over the past couple of years since it was listed for $350 million in 2017. Even with its most recent price cut to $195 million in June 2019, it was still the most expensive home for sale on the Los Angeles market.Keep reading for a look at the estate, which comes with a 26-room mansion, a 75-foot swimming pool, and a secret underground tunnel.