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.
