Hot Property

A swimming pool sits at the back of the newly built mansion. (Jeff Ong)

International developer Mohamed Hadid is putting a newly built estate in Beverly Hills on the market this month at $58 million.

The 48,000-square-foot Le Palais sits on 1.09 acres near the Beverly Hills Hotel. The French chateau-style residence has a limestone exterior and contemporary interiors. Three floors include seven bedrooms and 11 bathrooms. Three additional bathrooms are in the outdoor areas.

Over 30 years, Hadid has developed Ritz-Carlton Hotels in Washington, New York and Houston, commercial projects and luxury homes in Aspen and Beverly Hills. He has appeared on "The Real Housewives of Beverly Hills."