1. The asking price for Le Reve, the 47,000 square foot mega mansion located in Cumming, GA, has been reduced once again. It was listed back in January of this year for $28,000,000 and then was reduced to $25,000,000 just recently. Well, the estate has just been reduced once again, this time carrying an asking price of $21,000,000. I think it’s a very wise move and there will be a lot more interested buyers now that the price is substantially lower (it was originally priced at $45 million back in 2008!)


2. Champ d’Or, the 48,000 square foot (36,000 in some reports) French inspired mega mansion located in Hickory Creek, TX, has a new website. While the other website, http://www.champdorestate.com/ still exists, there is another one ( http://www.champdor.net/index.html ) that boasts pictures of the other 2 properties that are included in the new asking price.

3. Beyond Villa, the 65,000 square foot mega beach house owned by California Fitness founder Eric Levine, has been sold for a reported $24,000,000 to an unidentified Russian buyer (figures). The oceanfront property is located on Natai Beach in Thailand’s southern Phang Nga province (Phuket). It had been on the market for several years and was initially listed at around $27.5 million.

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  • Daniel

    Le Reve and Champ D’or were both built about 80 years too late *and* more importantly in the wrong location. Freestanding palaces around this country have been bulldozed for that reason exactly (Whitemarsh Hall is the first that comes to mind). However, other palaces built in the RIGHT location not only have a chance of being used and not demolished, but getting the asking price that accompanies them (Fairfield in Sagaponnack, Numerous Palm Beach estates, even a few in Beverly Hills).




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    • Grrrowler

      Even great houses like Whitemarsh Hall, Lynnwood Hall, and Elstowe Manor were just too impractical as times changed. Those houses were just a few miles from the center of Philadelphia yet future generations were either unwilling or unable to maintain them. It takes a fortune every year to maintain something like any of those houses, not to mention the 3 fortunes it took to build each of them.

      Instead of being a few miles from the center of a city like Philadelphia, Champ D’or and La Reve are a few miles from the middle of nowhere. They are not timeless; their style was out of date before they were completed. It’s interesting that the French aristocracy stopped building houses like this hundreds of years ago because they were just too impractical, yet in this country we still have people trying to show off their wealth with replicas of French châteaux. There is a lot of irony in the fact that the owners end up showing off their wealth by demonstrating how much money they can lose on building and then selling their pile at a great loss.




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      • KEV

        Exactly!

        By the way, the house in Thailand is probably way easier to maintain and staff given its location, as there are probably plenty of locals happy to work there for practically nothing compared to the U.S. Basically pocket change to some Russian oligarch who will probably spend two weeks a year there at best.




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      • Barney

        EX-FREAKIN-ACTLY, Grrrowler! You’re preachin’ to the choir, here Buddy.

        The eternal ego, prejudice, vanity & absurdity of men & their “wealth” have never, never do, and never will cease to take my breath away.

        Most of you guys already know all to well my theories on berserk & garish displays of money, and “single-family homes” the sizes of Buckingham Palace or Versailles here in the U.S. are the prime example. Countless-case-in-point Suzanne Saperstiens’ “Fleur De Lys”….while architecturally & historically close to perfect (FOR A 17TH CENTURY Chateau!) it’s utterly un-relatable as a place to call home for, I confidently imagine, the VAST majority of people who could afford such a castle due to it’s owners berserk delusions of grandeur. Poor Sue!




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  • architect 121

    To me the last great estate built was the Biltmore. Anything built after that seems to be trying to hard to be the next Biltmore. None of them are original, beautiful, and comfortable enough to be called home. (except maybe Hearst Castle)




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    • Daniel

      I disagree. Some of the most opulent and gorgeous estates were built in the first three decades of the 20 century. Newport and Palm Beach still to this day exhibit some of the grandest homes ever built (Sadly, many have been lost). Even Villa Vizcaya or Cà d’Zan are excellent examples of extremely beautiful, if not inspired architecture.

      I honestly think that we are starting to see a resurgence of the extreme opulence. People are building homes that rival those 100 years ago, both in size and opulence. I honestly think the town of Palm Beach should pay me for sprinkling their name around so often, but 50-80,000 square feet with direct-ocean frontage is something that is more common now in PB then it was. Homes that details are extreme with truly no cost spared. Unfortunately, we also see the HORRIFIC attempts such as the two homes above. My logic is, just because you can build it doesn’t mean you should.




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