Le Chateau Renaissance, the former mega-mansion of disgraced former Conseco CEO Stephen Hilbert, is on the auction block. Conseco foreclosed on the home in 2004 after firing him and sold the furnishings at auction for $750,000 in 2005. They then listed the home for $25,000,000 and then dropped it to $20,000,000. Then, about a year ago, it went back on the market for only $9,900,000. The 36-room, 25,000 square foot mega-mansion is located at 1143 West 116th Street in Carmel, IN and is situated on over 33 acres of land. The estate also boasts a swimming pool with 3,500 square foot pool house, a 15,000 square foot “sports arena” with a regulation sized basketball court and racquetball court, gardens, guest cottage, and a 15+ car garage.

Potential buyers have to put up $100,000 to place a bid and the winner has to close within 14 days (all cash). I wonder how much it will go for?! Anything below $9 million is an incredible deal for such an incredible estate.

*Thanks to Matt Chalfant for the tip!

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HOMES OF THE RICH POPULAR TOPICS
  • Stewie

    Very nice BUT it’s pink! Say what you want but I would not live in a pink house. All my friends would make fun of me. Well I guess if I lived in this pink elephant they wouldn’t but still. Walls would need to be repainted PRONTO




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  • Sebastian

    Why would somebody paint their house pink. that sounds and looks stupid.




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  • Daniel

    Is that painted pink or is it just a white-washed brick?

    Either way, I’m gonna say it will go for $5-$6 million.




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  • KEV

    Guess I would eventually tolerate the brick, although I might explore ways of changing it, not sure how that would be done. Painted brick is not used on a house this size! Would never tolerate living in Indiana, not because of the state, but because a 10 million dollar home is out of place there, in my opinion. As for the inside, the garage motor court and indoor pool are sweet, but other rooms look awful–some are too small for a house of this size. His closet seems pretty pretentious…of course, a house this size is very pretentious, so I guess that’s to be expected. I agree it will probably will sell in the 4 to 5 million dollar range, which is probably less than a third of what it cost to build.




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  • Chance

    This is the house right down the road from Scott Jones mansion if I’m not mistaken.




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    • Kenny Forder

      Yes, it is.




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  • CincyRob

    The house has great structure and bones. Most of the rooms could use a bit of updates and tlc. As far as the price, I could see it going for 5.5 if they gave 2 for updating the whole property.

    On a side note, It must suck to be foreclosed on by a company that fired you. He should have taken those bonuses and paid the house off. I told you not to take the balloon rate. LOL!!!!!!




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  • Oliver

    I think its a beautiful home. I like that none of the rooms are too large, makes it more homey. The new homeowner got one HELL of a deal..




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