How The 1% LivesTrulia.com
Most housing market data these days focuses on the housing horrors being experienced by the 99 percent, and rightly so. News of foreclosures, double-dips and even triple-dips abounds. Things aren’t so fabulous, real estate-wise, on the other end of the spectrum, either. When you look at the most expensive homes for sale in the country, most have been on the market more than 180 days, and the priciest property for sale in America right now, Fleur de Lys in Los Angeles, has been on and off the market since 2007.
But don’t cry for these homeowners,
ArgentinaAmerica. See how the 1 percent lives, in nine of the most expensive homes for sale across the country, courtesy of Trulia.
Fleur de Lys, Los Angeles: $125 MillionTrulia.com
Texas radio magnate David Saperstein and his then-wife, Suzanne, bought and merged three separate parcels of land to create a site suitable for this palace, modeled after Louis XIV’s Versailles. When the couple divorced soon after construction wrapped up, Suzanne was awarded the palace by the divorce court and has had it on and off the market ever since.
Property Address: 350 North Carolwood Drive; Los Angeles, CA 90077
Specs: 12 bedrooms, 15 baths
List Price: $125 Million
Woolworth Mansion, New York: $90 MillionTrulia.com
At the same time he was building his 792-foot-tall tower, the famed Woolworth building, Frank Woolworth, founder of the Woolworth retail chain, hired architect Charles Pierpont Henry Gilbert to build his three daughters neighboring townhome-styled mansions at 2, 4 and 6 E. 80th Street in Manhattan. Now on the market for $90 million is the middle of the sister properties, a French Gothic mansion which broke from the neo-Classical style of the other two and was modeled after Woolworth’s own home.
Property Address: 4 E. 80th Street; New York, NY 10075
Specs: 10 bedrooms, 11.5 baths, 18,000 square feet, 6 Floors
List Price: $90 million
Tranquility, Lake Tahoe, Nevada: $75 MillionTrulia.com
Sitting on 200 acres with its own private lake overlooking Lake Tahoe, Tranquility is more compound than house, with eight buildings, counting the main house, conservatory, boat house, art studio, guest and staff quarters and stable. And if $75 million seems steep for your budget, this might help: it comes furnished!
Property Address:525 Highway 50; Zephyr Cove, NV 89449
Specs: 9 bedrooms, 5 baths, 9,147,600 square-foot lot
List Price: $75 million
La Villa Contenta, Malibu: $75 MillionTrulia.com
This gated Mediterranean villa sits atop a view-riddled Malibu bluff. In addition to a 6-bedroom guest/pool house, La Villa Contenta’s eight acres also includes a theater, ponds, tennis courts and the obligatory uber-luxe infinity pool.
Property Address: 26848 Pacific Coast Highway; Malibu, CA 90265
Specs: 13 bedrooms, 14 baths, 16,107 square feet
List Price: $75 million
#6 – Madison Avenue Townhouse, NYC: $72 MillionTrulia.com
In much of the country, a townhouse is an upstairs-downstairs condo-type home; this townhouse, though, is a true mansion with 22 rooms – 10 of which are bedrooms – and over 12,000 square feet of living space. Zoned to be used either commercially or lived in, this property is currently put to use as a fine art gallery.
Property Address: 1016 Madison Avenue; New York, NY 10075
Specs: 10 bedrooms, 12,000 square foot
List Price: $72 million
Holmby Hills Manse, Los Angeles: $65 MillionTrulia.com
In the same Holmby Hills neighborhood as the home Formula One heiress Petra Ecclestone recently bought from Candy Spelling — all cash — at the bargain price of $80 million, we find this Georgian Estate, whose owners just spent over five years and untold funds restoring it, landing it in Architectural Digest this summer. If you don’t have Ecclestone’s cash, no worries: Trulia calculates the monthly mortgage payment would run a reasonable $382K and change.
Property Address: 312 North Faring Road; Los Angeles, CA 90077
Specs: 8 bedrooms, 14 baths
List Price: $65 million
Waterfront Hampton Estate, Water Mill, N.Y.: $58.5 MillionTrulia.com
Looking for a Hampton hangout? This 20,000 square-foot home fronts Hayground Cove in Water Mill South. Though this home is only 6 years old, it marries the best of old and new home technologies, merging 100-year-old fireplace mantles a 19th-century skylight over the glit-and-silver-leafed double staircase with a restaurant-grade kitchen and high-tech digital security and entertainment systems.
Property Address: Rose Hill Road; Water Mill, NY 11976
Specs: 8 bedrooms, 9 full, 3 partial bath, 20,000 square feet
List Price: $58.5 million
Euro-Deco Estate, Beverly Hills: $55 MillionTrulia.com
By the numbers, this home is as grand as it is to the eye: eight bedrooms; 12 baths; over 27,000 square feet of living space; 25-car motor court; and 20-car garage. This Beverly Hills home, on misleadingly modest-sounding Laurel Lane, blends Art Deco detail with traditional French and European architectural and interior design.
Property Address: 1215 Laurel Lane; Beverly Hills, CA 90210
Specs: 8 bedrooms, 12 full, 1 partial bath, 27,163 square feet
List Price: $55 million
Palais des Anges, Beverly Hills: $55 MillionTrulia.com
Bestowing a home with a name that translates to Palace of the Angels sets the expectation bar pretty high, but the owner and designers of this newly constructed Sunset Boulevard home had every intention of delivering. To wit, they poured heavenly details into this French Palladian Palace like marble columns, antique mirrors and 24-karat gold leaf on the mouldings and door handles. And here’s the best part: They recently dropped the price from $68.5 to $55 million.
Property Address: 9577 Sunset Boulevard; Beverly Hills, CA 90210
Specs: 9 bedrooms, 13 baths
List Price: $55 million
9 of the Priciest Homes Currently on the Real Estate Market in the US.
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