The Villa Firenze estate (pictured) has become the most expensive property to ever be auctioned at $51million but it was well under the asking prices of $160millionThe residence features 20 bedrooms and 23 bathrooms, and was previously owned by billionaire Air Lease Corporation CEO Steven Udvar-HazyThe property was listed in 2018 for $165million, but last summer the price dropped to $160million before the residence hit the auction block with no reserve

Udvar-Hazy (pictured) purchased the estate in 1993. The home – which was built by architect William Hablinski sits on nine acres and can be accessed by its own street, according a previous listing from Hilton & HylandAccording to the Los Angeles Times, the official sale price is $51million, but a deal that included furnishings from the home brought the price up to about $60millionThe home also features marble and stone flooring, arched doorways and multiple fireplaces. There’s even the possibility of expansion on a separate lot that comes with the homeThe residence features marble and stone flooring, arched doorways and multiple fireplaces (far left)The property (aerial view) boasts a four acre backyard that offers views to a pool with a pool house, two-story guesthouse, tennis court, two bedroom guest house and a walking/jogging trail