This incredible 40,000 square foot mega estate is located at 7111 Sheaff Lane in Fort Washington  Pennsylvania and situated on 70 acres. It is owned by credit card tycoon Dennis Alter. He spent a whopping $80 million building the massive Modern mansion. According to Curbed, Alter, whose fortunes rose and fell with those of the troubled credit card issuer Advanta, famously engaged in a lawsuit against New York-based designers-to-the-stars Stephen Sills and James Huniford, alleging they bilked him out of $6 million by overcharging for antiques.

The elegantly decorated main house boasts 6 bedrooms, 8 bathrooms, three wings, courtyard, interior corridors, Limestone and oak floors, glazed Venetian plaster, grand 2-story entrance hall, 2-1/2 story living room with five sets of French doors leading to a terrace, a smaller step-down living room, two dining rooms, gourmet kitchen with 2 islands, home offices, family room, two-tiered home theater, masters suite with tower retreat and more.

The property also boasts a a 20,000 square foot barn with indoor tennis court, a sports court, gym, changing rooms and a 2 bedroom apartment. There is also an outdoor tennis court, pavilion, swimming pool, pool house and a pond. It is listed at $30,000,000.

CLICK HERE FOR THE LISTING 

(Christie’s seems to have pulled the listing and directed it towards another, odd)

  • Daniel

    I want to see the bills tallying up to $80 million, because I have a hard time believing it cost even a third of that to build this. Don’t get me wrong, the materials look top-notch (especially that marble tub…*WANT IT*), but eighty-million worth? The exterior from the two(?) pictures provided looks nice, but it’s impossible to get a feel for the home and its layout. The interior design and architecture is eclectic and livable, but again I ask, where is the $80 million? The dining room and living room look a tad on the cold side, but it could be the photographs. Kitchen layout is a little weird and it doesn’t look all that special. Those chairs in the breakfast area belong outside. Office is strange with the single window on the left. Master bath is stunning, but doesn’t that style of light fixture belong in the kitchen?

    Overall, I think I would like it, but the photos don’t convey the size and dimensions effectively. I really have a hard time believing this will go for over $20 million, especially since it’s in Pennsylvania and the architecture is tailored to a very specific client.




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  • jay

    dennis alter also has a mansion on hillsboro beach in florida right north of jim morans mansion




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  • rob

    I like a couple of farms around it better.




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  • Grrrowler

    I like various parts of it, but I don’t necessarily like the sum of those parts. The exterior is interesting, and I’d like to see more. The interior seems a little disjointed. Daniel has pointed out some of the issues, and some of those could be fixed with better interior design. Overall, there’s not a design story going on. If one looked at the pictures of each room as part of a larger collection of interior pics, I doubt anyone would guess that these rooms are from the same house. I quite like the living room with the mostly modern decor and the Murano chandelier in the center. I hate the track lighting though. The other rooms have odd little decorative quirks that make the rooms look awkward. The kitchen is a little bit country, but not fully country. The breakfast room dining chairs (probably McGuire) don’t really fit with the other items in the room. In all the rooms there are odd window placements, inappropriate/unfortunate light fixtures, ceiling treatments that aren’t fully realized, incredibly dull rugs and carpets, and diverging styles competing (instead of harmonizing) in the same rooms.

    I also don’t see how $80 million was spent on this place. I wouldn’t be surprised if the price was inflated to allow Mr. Alter to boast how expensive his house was.




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  • Venom

    $80 million my a$$.

    I like the indoor tennis court and the marble tub and floors and the land it sits on.
    I would bulldoze the rest.




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  • NOVA Ben

    Definitely not consistent enough from an interior design perspective. From what I can see on birds eye view and the few exterior shots provided, I think I like it from the outside, but inside is disappointing. That kitchen is just flat out wrong for this house, and every room is just too unrelated to every other room.




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  • Scott

    I like the architecture, but the interiors are definitely underwhelming as a whole, and overall this property lacks that certain amount of swagger I would expect from an $80 million/40,000 sq. ft. house…..




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  • Nightmoves

    The house is so-so, love the grounds though.




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  • Randy W.

    This mansion is in the middle of Amish Country where labor is cheap . He got swindled like he does to his credit card holders if he paid $80 million .

    Maybe he can sell it to a nice Amish family . .. That kitchen would be great for churning butter and lots of garage space for the horse and buggies .




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    • NOVA Ben

      If the labor was cheap where this home was built, the fact that it is in Amish country is only coincidental. Amish people did not build this home, so that’s kind of an absurd connection to make when arguing that it was cheap to build. As someone who has family in Lancaster PA, I can tell you that it’s a misconception that Amish culture is the overriding “feel” of the area…yeah, they’re there, but that’s all. It’s not like you’re in Disneyland or anything.




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  • Edward

    I live in Fort Washington. Less than a mile from this house. I have no idea why Randy is saying this is “Amish Country”… Fort Washington is purely suburban. Very Jewish as well. It’s only half an hour from Center City. There is a small section of Fort Washington that has a rural feel because the houses have large lots, but that is just a small island that has escaped development surrounded in a sea of suburbia. Just look at it in Google Earth. Typical suburbia and subdivisions in every direction for tens of miles. There are NO Amish people here. Describing Fort Washington as “Amish Country” would be like saying Chestnut Hill in Philadelphia, or the Main Line are Amish areas! Ha!. This house is only 15 minutes from the King of Prussia Mall, for Christ’s sake.




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  • Randy W.

    Everyone chill . .. I’m sorry if I made a mistake about this area . ( As Edward says , “…for Christ’s sake ” )

    Regardless, i’m sure a nice Amish family would love to churn some butter in this house .




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  • jokesonalter

    I’ve been to the house and inside the house on more than a few occasions. To address the price tag first, the home DID NOT cost $80MM; it was approximately slightly less than half that at the time it was built, but incredibly lavish furnishings and expensive alterations to the home done when the owner was flying high did push the price tag up a few bucks, possibly most of the way to $80MM.

    Second, for those observers whom have noted that the home seems to be a collection of disconnected rooms, you could not be more correct. It was built to be a hotel, of sorts, a round-a-courtyard square of a home built like disparate stops on a bus line, all connected by long hallways that take you to your next stop, then return to the hallway and head down the line to the next stop, and so on. Too big and too disconnected to ever feel like a home. A museum maybe but not a home!

    The owners and their designers seemed to go for the WOW factor in a few of the spaces (theater, living room, main dining room, master BR), but other rooms are so underwhelming, misshapen and improperly sized that you come away wondering if this wasn’t a hotel with distinct spaces designed by many different designers whom were never in touch with each other.

    It was nothing but a monument that a terribly self-important man built to himself at a time when he believed himself to be king of the world. But he blew it and now, the time for honoring himself has come to an end.

    Maybe I’ll take a ride over there and lowball him.




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  • Bill

    I actually pass this place daily as I live a few blocks north of that area. Not just that home, but many others right there are insanely nice. I agree, 80 million seems like a stretch.




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