(architect’s rendering of Siegel Residence)

Timeshare mogul David Siegel and his wife Jacqueline have put the construction of their 15 bedroom, 88,000 square foot mega-mansion on hold. The home is located next to Lake Butler in Windermere, Florida. The mega-mansion, dubbed “Versailles” will be the largest private residence in America upon completion. The home has been under construction for some time now and has been going along good. David decided to slow down construction due to the ailing economy and the thousands of layoffs at his company. His wife Jacqueline also stated that they had to lay off some of their nannies and now only have 5. That must be really tough! Hopefully this monster of a home will be completed soon. I am dying to see what the interior of the home will look like. Maybe David could give a reporter an inside look at the home when it is finished. Also, if there are any Homes of the Rich readers who live in the Orlando area, do you think you could send me a picture of the home at its current state.

  • Anonymous

    I live in Orlando, but that house is in a gated community, and I don’t expect it to be easy to get past whoever is at that guardhouse.




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  • Kenny

    Oh, I didn’t know the community it is being built in was gated. Yeah I agree, it wouldn’t be easy.




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  • Kenny

    Lol. Yeah, he is smart in waiting to hold off on construction. He still has spent an amazing amount of money on building it though. I think if I stand corrected, the home is expected to cost him $150 million to build! That is just insane. I wouldn’t spend over $10 million on a home.




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  • Kieran

    Yeah it would be amazing to see current inside and outside shots of this house. It is amazing, as rediculous as it is, I like how someone is building a home as big as the original east coast mansions (vanderbilts mansions) Its hard to see it looking as oppulent as the architects rending now while its in its current form, but homefully it will be. The staircase and swimming pool in this house are awinspiring, its a shame that video is no longer on youtube.
    I wish Jacqueline the best of luck managing with just five nannys. X




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  • Anonymous

    It would be lovely to see the floor plans. What is in almost 90,000 square feet of living space? Just a dream.




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  • Anonymous

    I found this on another site… “This behemoth, also known as Versailles, is located on Butler Sound on over 10 acres and will house an 8,000 square foot master bedroom. That’s over 3 times the size of an average American home! It will also include a children’s wing, 30 bathrooms, 10 kitchens, a bowling alley, a movie theater inspired by the Paris Opera House, two elevators, underground parking for 40 cars and don’t forget the best part, an indoor roller rink. The total square footage is 88,198 square feet. This will be the largest single-building private residence in the United States.” I’d still like to see the floor plans.




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  • Anonymous

    Does anyone know who the architect or builder is for this nice warehouse?




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  • Jamie

    Check out the recent article on her in a local magazine http://playground-magazine.com/2009/03/queen-of-versailles/ it has all the stats and the builder.




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  • Anonymous

    That is an extremely fascinating article. I especially like this part “We used to have more(staff), but my husband thought we should cut back because of the bad economy and the layoffs he had to make at his company. He thought we should suffer too. We even have our kids doing chores now.”

    I’m shaking my head in disbelief.




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  • Anonymous

    I’m sorry, but why in the hell is this house being built in…WINDERMERE?!

    There are only a few places in America to build a home of this size and scale. Palm Beach, Beverly Hills, The Hamptons, Greenwich,…not Windermere.

    It’s a nice town and all, but it’s nothing compared to the towns/communities mentioned above.

    Lake Butcrack…yah, that’s where I would build a dream estate. Give me a break.




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  • Anonymous

    If they mothball it long enough,it would make a wonderful hangout for most of the street people of Orlando.
    [img]http://www.windermereroadies.com/temp/SeigelsHouseResized.jpg[/img]




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  • Anonymous

    My parents live in the same neighborhood where this is being built, and its absolutely massive, it takes up 4 or 5 lots minimum, its really beautiful from a distance




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    • admin

      cool!! Do you think you could take a picture of it in it’s current state?




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  • Anonymous

    Yea sure, its difficult to get their atm though cuz of the tiger woods incident, all the news truck are making the Windermere police go crazy. But yea, honestly it looks exactly the same, nothing done, bit of an eye sore, but i noticed that they put up some trees around the area to hide it.




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  • Ann Onimous

    I’ve seen the outside. I’m a Realtor here in Orlando. I gotta tell you from the outside the house looks horrible. I sure hope it looks a lot better when it’s finished. I hear the neighbors think it looks like an eyesore too. The roofline is wierd and it’s blue! Maybe that will change, I hope.




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    • admin

      Thanks for the info! Really?! Well, I hope it looks good when its done as well. Can you take a picture of the outside for all of the Homes of the Rich readers to see? If so, that would be great!!




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  • John Doe

    I have floor plans and inside pictures




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    • mike

      Can you post the floor plan and pics you have I would love to really see the layout of the home.




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  • Toby Bo

    House is listed on Craigslist if for no other reason than the agent can lust over the commission.
    http://orlando.craigslist.org/reb/1717650031.html




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  • Toby Bo

    It looks like a time share building in a residential area.This house is dominance by proxy.People with dogs let them dump on other lawns because if they did it themselves they would be arrested.I tingle when I see the professional class who game the system get gamed right back.I live in Florida so I watch the boss-hoggs but otherwise find robber baron architecture a yawn.Plantation architecture in Florida now has the facade of France or Italy.




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  • rockiestone

    Why would anyone ever fork over 75M for a house! Insanity!
    Save money instead of pissing it away so easily lol
    What an absolute waste of money! Could really help the world’s hunger for example!




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  • shirley

    I am glad to see one of the rich,”who got rich by selling time share property
    to stupid people like myself –glad to see them fall”
    siegal isnt rich,he got rich on other people money.




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  • shirley

    america is going green and saving energy,and some stupid fool
    builds a home like this.
    yea who live in a modest home “use your electrical appliances
    water your lawn daily ,fill the swimming pool,use the sauna.




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  • JoBama

    This type of halt to gluttony is why the super rich hate Obama. “it is vein to do with more what can be accomplished with less.”
    Business Insider talks about it too. http://www.businessinsider.com/david-siegel-versaille-mansion-for-sale-photos-2011-11

    I also think Vince Carters home was super massive for NO reason. 10,000sqft is more than reasonable when there are people that are living under bridges and on corners!




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