This Boeing private jet is a flying luxury home

Imagine if you owned a 2,400 sq. ft. luxury home with the ability to fly you and 39 of your closest friends to anywhere you want in less than 17 hours?

Next month, China's HNA Aviation Group will take delivery of a brand new Boeing 787-8 private jet. As configured, the 787 BBJ has a range of almost 9,800 miles even when packed with 40 passengers, luggage, and fuel.

With a flying time of about 17 hours, the plane can reach virtually any destination on Earth, Kestrel Aviation Management CEO Stephen Vella told Business Insider.

From start to finish, aviation consulting firm, Kestrel Aviation Management oversaw the creation of this 787.

Although several 787s have been converted from passengers service to private use, the is the first Dreamliner to be built specifically as a Boeing Business Jet, Vella said.

It's the 143rd Dreamliner to roll out of Boeing's factory and first flew in December 2013. The plane was delivered to Kestrel in January of 2014.

Since no one had done a true Boeing 787 private jet before, Kestral along with partners Pierrejean Design Studios and Greenpoint Technologies had to design and engineer the interior of the aircraft from scratch. In fact, the interior took a year to engineer as well as another year and a half to fabricate and install, Vella said.

Kestrel and Boeing have released the final cost of the 787 private jet. But a standard passenger-ferrying 787-8 carries a list price of $224.6 million.

Here's a closer look at the the first Boeing 787-8 BBJ.