This lavish gated estate is located at 21000 Turnberry Blvd in Novi, MI. It is currently owned by entrepreneur Rich Morgan, 44, who bought the mansion in 2007 for $9.75 million. That is nearly half the $18 million it cost to build the house in 1998 and a fraction of the $25 million that some real estate officials estimate as the true cost after land acquisition and design costs. Morgan was the third owner in two years, buying the mansion from investor Patrick Tortora, who had bought it from Larry and Judy Wisne.
The 9.68 acre estate was recently on the auction block after it went into foreclosure. The home was supposed to be sold, but I guess it didn’t, because it is now on the market with an asking price of $5,500,000.
The mansion, one of Metro Detroit’s most expensive homes, boasts 13,777 square feet of living space with 6 bedrooms, 10.5 bathrooms, conservatory, home theater, 5000 bottle wine cellar with tasting room, 2-lane bowling alley, huge swimming pool with waterfalls and 60 foot long water slide, a pond, 10-car garage, and a par-three golf hole. The landscaping alone is worth $5 million.
Tags: bowling alley, michigan, swimming pool, wine cellar
It is a nice home, but this house never cost $18 million to build.
This agent or whoever is quoting these figures if full of you know what.
That landscaping quote of $5 million is utter crap.
You can build a golf course for $5 million.
I might believe that they have $700,000 to $1,000,000 in landscaping….maybe.
My buddy has 10 acres with 3 huge ponds with interconnecting bridges and a waterfall that runs around the side and back of the house and his landscaping he told me was in the $300,000 range.
The detail work in this home is definitely not at the $18 million plus level, that is for sure.
And land in Michigan is not that expensive, especially in Novi.
The most expensive area to acquire land would be in the best part of Bloomfield Hills or on the lake in Orchard Lake and you still would not spend that much.
There is a much much bigger one in the area that was for sale/sold and that was in the $10 million range or so if I remember and it was about 3 times the size of this home.
There is even one for sale in Rochester Hills/Oakland Township right now that is the same size, newer and stunning in detail and design for just under $5 million.
Ohhh kay, Venom…..it’s official. Due to your intelligent, and definitely-insider-sounding comments, I’m convinced that you’re either a present-or-former realtor (like me) who still has pretty good connections. Are you?
Oh yeah, and nothing says exclusive like a home that backs onto an office park, hotels and fast food restaurants….
Thank you for saving me the need to type out my own rant. I’ll just say “What Venon said…”
Incredible landscaping but it is in Detroit, that answers all questions…
18 million? Seriously? Probably about a quarter of that, and if it was more, then that is money wasted. It’s nice, has a lot of cool things with the landscaping and pool, etc…but please…..
I agree with all you guys……NO way did this house cost what was quoted….that’s entirely ridiculous, even at the HEIGHT of the boom here in metro-Detoilet. Beautiful, but hugely overdone home, in the WRONG location, BIG time.
As someone who was very closely involved with building this home, let me say that it did cost upwards of $20m. The thing is that these pictures leave out huge (and expensive) chunks of the property, and the property was dead flat and featureless when it was originally acquired.
But just to blow away some of the dumber estimates here – look at the pool. There is a custom built 60 foot waterslide that goes through a huge rock feature. The person that thinks the whole property’s landscaping cost 700k to 1m obviously has never flown in giant rocks from across the country, and hired a top landscape architect to oversee the placement of the rocks while also employing engineers to make sure the whole thing doesn’t collapse. That pool alone cost your 700k to 1m. Then there’s the other 19 acres of the property, which feature amongst other things a man-made river flowing into a large man-made lake (not pictured).
Is it a waste of money? Yes. Is the home out of place in the city it’s in? Yes. But the money was spent. And the property is totally beautiful, but just way too big IMO. The saddest thing is that it costs upwards of $1m a year just to maintain it properly and with the current owner in foreclosure it’s probably quickly deteriorating.
This house is close to where i live and to everyone dogging the area just come here and see for yourself. Just because detroit has this negative look after the big 3 thing so what. Theres alot of old money still in MI and this novi/commerce/lakes area is really beautiful. Gorgeous home but def waste of money.
I have been in the house its not 13,000 sqf. its 21,000 sqf. and the house did cost about $18M as well the landscaping was about $4m and if you ask why it cost so much is because the amount of detail put into the house and land you will not find another one like it in MI with so much detail it is way weather its price. and it wasn’t a wast at all if you see whats around the house its location is near everything you can imagine you basically are living in a private 20 acres of land in the heart of a city. I guarantee you wont find a house like it in MI.
I have been in the home and back today for the Estate Sale. I know the original owners. It costs what the article says and more!