Saw on the news most expensive house ever to sell is 40 acres and house in the Hamptons just sold for $90 million. Now $90mm is a lot of money no doubt, but it surprises me that with the # of billionaires in the world that there has not been houses sell for 10 times that. Correct me if i have the facts wrong, I just peripherally heard it on the news.
Probably based on cost per square foot/acre. There's enormous tracts of land out there that are worth more. On a cost/area basis, though, those tracts are much cheaper.
I'll see if I can dig out of the boxes in the garage an old magazine I have... I think it's a Home...something... can't remember now. Anyway, I think they had the most expensive house in America to be something like 100+ million
Well, seems my memory is all messed up... This is what I found http://www.forbes.com/realestate/2004/10/14/cx_bs_1015home.html
According to that this $90MM might be it although my 16 y o daughter just told me there is some house in England for sale or sold for $128MM.
I believe that a house (or should I say complex) was sold in England for over 100mm to Macolm Healey (son of the auto maker Austin Healey) - also the owner of a number of companies in the US. (Mills Pride - ready made cabinets and furniture)...
I'd be curious what the Playboy mansion would go for in today's market. Or Monticello, Mount Vernon, etc.. but I guess we'll never know about those. C.
Found this in my old Principles of Real Estate book. Real Estate Principles sixth edition Chapter 2 Pg 35: Biltmore House , with its 175,000 square feet and 255 rooms, is the largest house ever built in the United States, Dwarfing even Bill Gates 50,000 square-foot Seattle Mansion. The House... built... in the 1890s at a cost of $7 million, is in the style of a French chateau and was considered very technologically advanced in its day, with full central heat, electricity, a fire alarm system, two elevators and telelphones. In addition to 34 guest bedrooms... , the house contains an indoor swimming pool, electric power, a bowling alley and a gymnasium. Wow! any comments?
Yep, you got it right. Wait, you mean to tell me that you have the internet in a box in your garage? How much is your house worth
It is the largest house that is still privately owned (although the family does not live there.) In fact, you can visit it. It is a beautiful place.
I remember reading about some estate in Beverly Hills, asking price $65M (has a 16 car garage). Google found it! http://www.latimes.com/classified/realestate/hotprop/la-re-hotprop8may08,0,271803.story?coll=la-class-realestate-hotprop Everything is bigger in Texas, there's probably a whole mainframe or server farm in the guest house.
Laksmi Mittal (I think he's an Indian Steel magnate) paid over £70m for F1 surpemo Bernie Ecclestone's 12 bed house a while back. I think that was the most expensive house in the UK at the time. Roughly, I think £70m is about $125m US. Jamie http://money.guardian.co.uk/houseprices/story/0,1456,1468952,00.html
It's the same house..... Ecclestone said he flipped the house because his wife did not like it (I guess the extra cash didn't bother him at all)
What about the Hearst Castle in California? I would think that thing would top the list without question. Hell, they had to make the place a state park as the Hearst Corp. didn't feel like handling the financial drain anymore. Chris
