#1 – Le Reve – The grand estate, located in Cumming, GA, has been given yet another price cut. Once offered at $50 million, the 47,000 square foot home is now in foreclosure and carries a price tag of just $16,500,000. It’s last listing price that I know of was $18 million back in January of this year.

#2 – Champ d’Or – The asking price for this baroque chateau, which is located in Denton, TX, has been lowered to $35,000,000. Built in 2002, the 36,000+ square foot home first went on the market with an asking price of $48 million over 6 years ago. Then the price went to $35 million, then to $59.55 million, then to $72 million, then to $65.5 million, then to $27.5 million, then to its last listing price of $69.9 million back in June of 2010.

  • Chance

    I don’t understand the Champ D’Or pricing at all. At least the Le Reve owners keep dropping the price, but Champ D’Or keeps going up and down.




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    • Barney

      NO DOUBT, Chance! The owners of Champ D’or are clearly & clincially NUTS….just like their realtor(s). Who in the HELL would even think of touring that estate with THAT kind of spastic pricing history?? I can NEVER see this place selling in Denton, Tx of ALL places……every so slightly more possible in Florida, California or Connecticut, MAYBE. Human greed & materialism and the depths to which people will sink due to their own, will NEVER cease to take my breath away.




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  • Venom

    I feel sad for these two homes.
    Their inanimate housing lives are a mess….




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  • Kyle

    On Le Reve – DAMN!! If you are wealthy enough to afford the upkeep and like the location, $16.5 million is a STEAL!!!




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  • Daniel

    I see both going for under $10 million. The shittiness of their locations cannot be stressed. I’m surprised both have not been bulldozed already. Sadly, they probably wouldn’t have had a problem selling at their original asking prices IF they built in Greenwich, The Hamptons, Beverly Hills, Palm Beach (If you could find a lot big enough), etc. This is proof that there ARE more desirable places to live in this country than in others, and obviously these parts of Georgia and Texas aren’t one of them. You’d have to be a f-ing moron to build homes of this scale and caliber in an area where the next highest priced home is under $5 million.




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    • Venom

      These two houses are proof that you should never build anything like this in places other than somewhere like Greenwich CT, Palm Beach or Beverly Hills.
      Anywhere else you will probably lose your shirt.




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    • Marie

      Excellently stated, the one in Georgia is so far out there, given the traffic here, that makes things worse when it comes to it’s location.




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    • Barney

      B-I-N-G-O, Dan…..as usual, on a number of points, I could not possibly agree with you more. Utter & complete human folly on an unimaginable, MULTI-million dollar, pure financial catastrophy (for the owners) level. Impossible to feel sorry for them.




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  • Questions!!

    1) What is the address for Champ d’Or, so I can see it on Bing Maps? Is this the megamansion, if I recall correctly, that has deliberately been blocked out on birds eye view via Bing Maps at the owners request?

    2) Off topic, I know, but does anyone have any more information about Billionaire Paul Desmarais’ Canadian Estate? I have been in love with it ever since the initial post about it here a few months ago. I would LOVE to see some more pictures…or anything else about it for that matter. Is it viewable on Bing or Google maps? I haven’t found it, but I know it’s located in Sagard, Quebec…




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  • Oliver

    While i do think both of these homes are absolutely gorgeous, Daniel said it…. had they been built in a desirable location instead of where they are (maybe owners had histories there or maybe they were just crazy) then they might have sold. Both really are stunning. Definitely a little too big for me. I really do love the look of Champ d’Or… their pricing is jacked up. Kyles right though if you’re wealthy enough and don’t mind the area you’ll have a hard time finding a better deal elsewhere.




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  • tony

    I’d pay $13.5 million for La Reve if that price included a helicopter to get me to Atlanta. As for Champ d’Or, again I question why so many people with the means to build such extraordinary homes do such with so little thought and such horrible taste.




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    • Barney

      ?!?!?! TONY! “horrible taste” and Champ D’or CANNOT be used in the same sentence! Yikes, Dude! While it IS, without a doubt too huge, thus unsellable in today’s DEconomy (my own concoction, thank you) it’s ANYthing but “horrible”!!

      The proportions, symmetry, lines, details (both inside & out) and (at least in the public rooms) furnishings, colors, fabrics, and accessories are IMPECCABLE. I don’t mean to be purposely insulting, but I know what I’m talking about…….your comment is grievously wrong.




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      • Oliver

        Agreed.




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  • richvanc

    Both of these homes are U-G-L-Y…Grrrowler sums it up very nicely!
    Nobody wants to live in a PALACE!!!




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  • George

    Kenny I have a great idea on how to make some money.Start a pool based on the next pricing of the Texas castle. Bets based on over or under pricing. You could make a fortune.




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  • robert

    I want to live in a palace.




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    • Oliver

      lol why not.




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  • David Thompson

    I think the people who build these types of places are doing it more for the fun of creating them than to live in them. I just think that they don’t realize it until they are completed.




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  • Michael

    Does anyone have a link for Champ D’Or at the new price?




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  • Michael

    Ok I found it. It seems as if they split up the acreage. That is the price difference. They also have it listed with one of their previous brokers.




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