Great article by Diane Tuman
Original article: http://www.zillow.com/blog/top-10-most-expensive-homes-for-sale-on-zillow/2010/09/20/
Ready for some stratospheric real estate bling? As we scan the list of high-end luxury real estate on the market, we see some repeat performers from the 2009 list of the 10 Most Expensive Homes for Sale on Zillow. Surprisingly, even though real estate values have taken a dive in the past few years, the list prices for top-of-the-market luxury homes have not retreated. As a matter of fact, last year’s top for-sale price of $100 million has been eclipsed by Candy Spelling’s enormous Holmby Hills mansion, which carries a hefty price tag of $150 million and tops our list.
10 Most Expensive Homes for Sale in the U.S. on Zillow:
Vaulting to the top of the list is the Spelling Manor, home to Candy Spelling, the wife of the late mega-TV producer Aaron Spelling who cranked out hits such as “Charlie’s Angels,” “Dynasty,” “Starsky and Hutch,” “Beverly Hills 90210,” “Melrose Place,” “The Love Boat,” and “Fantasy Island,” to name just a few. The manor was listed last year for $150 million and it looks like Spelling has not budged on the price — it’s still $150 million. The Spellings purchased the property from the late entertainer Bing Crosby in 1984 and razed it, creating “The Manor,” which is 56,500 sq ft of living space, including 123 rooms (14 bedrooms and 27 bathrooms) on 4.7 acres in the Holmby Hills neighborhood of LA. Inside the grand entry is a double-grand staircase with a 30-foot ceiling that flows into the living room and formal dining room. Special touches include antique fireplaces imported from France, limestone and hardwood floors, billiards room, two-lane bowling alley, arcade room and service wing with staff quarters. Also notable: Spelling’s neighbor four doors away is Hugh Hefner and the Playboy Mansion.
> See more photos of The Spelling Manor
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Near the top of the heap for $100 million is one of last year’s most expensive homes — “Tranquility.” It shared the top spot with Albemarle House, which has since been reduced by more than half, to $48 million. This northern European-inspired mountain estate sits on 210 acres overlooking Lake Tahoe and the main residence comprises 20,000 sq ft. Owned by Joel Horowitz, co-founder of Tommy Hilfiger.
> See more photos of Tranquility
Reported to be the “largest single family home under one roof in America” is the enormous Windermere, FL mansion known as “Versailles. ” It measures 90,000 square feet, has 13 bedrooms, 23 bathrooms, and is reportedly a replica based on the royal palace of Louis XIV’s Versailles. Versailles is owned by Jacqueline and David Siegel, the billionaire owner of timeshare giant Westgate Resorts. Note to buyer: This home is not yet finished. The asking price “as-is” is $75 million, or $100 million finished.
> See more photos of Versailles
This 7-story, 12,000-sq ft townhouse occupies one of the world’s most prestigious addresses and in the center of the upper Madison Avenue cultural district. The entire house has been renovated and retains its original architectural details with a handsome central staircase and elevator. It is reportedly owned by rare-maps dealer W. Graham Arader III.
> See more photos of this Madison Ave Townhouse
Champ d’Or (“Field of Gold”) is a little bit of France in the Golden Triangle of North Central Texas. Resting on 256 acres and surrounded by gardens, private lakes and trees, is a 48,000 sq ft estate styled after a 17th-century chateau near Paris. It belongs to Alan Goldfield and his wife, Shirley. Goldfield is a billionaire cellphone mogul who founded CellStar Corp., a wholesaler for logistics, fulfillment, and consumer activation of cellular phones.
> See more photos of Champ d’Or
This pretty little girl made our list last year, coming in at #6 last year, too. Little Jennie is a 3,016-acre ranch and is considered the crown jewel of Wyoming working-cattle ranches and has been in operation since the 1950s. Adjacent to the snow-capped Gros Ventre Mountain Range, it has miles of trout steams and is only 40 minutes from Jackson Hole, WY. In addition to the 4,000-square-foot lodge are four guest cottages, a pool, barns, employee houses and two guest cabins.
> See more photos of Little Jennie Ranch
Add another ornate, European-inspired estate to the list of the most expensive homes for sale on Zillow. This 36,000-sq ft Beverly Hills mansion includes delicate, hand-painted detailing throughout, a hand-carved imported limestone exterior, onyx marbles, marble columns, antique mirrors, French moldings with 24-karat gilt, and bronze-beveled double-paned windows and doors. It is owned by C. Frederick Wehba, founder of the international real estate investment firm BentleyForbes.
> See more photos of the Wehba Mansion
Owned by PGA star Greg Norman (“Great White Shark”), “Tranquility,” is still on the market after being initially listed last year for the same figure — $65 million. The estate is on 8.04 acres on Jupiter Island, FL, and spans the entire chunk of parcel with 172 feet of oceanfront and 370 feet on the Intracoastal Waterway. The property includes six buildings, which includes garage space for 17 cars.
> See more photos of Tranquility
Sierra Star is the culmination of nine separate parcels along the northeast corner of Lake Tahoe, spreading out over 4.35 acres and including 338 feet of beach frontage, plus two private piers. The gated compound includes a main house (10,687 sq ft), plus three guest homes, including the Carriage house (2,102 sq ft of living space, plus 12,557 sq ft of state-of-the-art garage space), the Parkview house (4,328 sq ft of living space) and the Lakeview house (4,651 sq ft). One of the most interesting “secrets” about this home is that under the Carriage house is a two-story, 6,000-sq ft showroom space that houses the owner’s exotic 40-car collection. A concealed elevator whisks cars down to the subterranean level.
> See more photos of Sierra Star
In New York City, where people fight and claw for space (the average square footage is about 1,200 sq ft), comes our last entry, which is all about space. This Upper East Side full-floor suite offers 10,000 square feet of living space and is further enhanced with 11-foot ceilings throughout — except for the living room, which has a 26-foot ceiling and the skylit conservatory which is also double-height space. The master bedroom suite includes a fireplace and sitting room and dual master bathrooms. The pièce de résistance is a 2,300 sq ft roof-top terrace and pavilion, which has access via a personal lift, and includes a pantry, fireplace and powder room.
> See more photos of Upper East Side Suite
Will these owners get their price? It’s unlikely, especially if you base it on the most expensive residential real estate sale this year, which is the Bel Air, CA residence “Le Belvedere” that sold for $50 million — this after being reduced from an original list price of $72 million.