#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.