Slowdown? Not in the Luxury Market...
Which property is the most expensive in the world? Aspen's Hala Ranch was just trumped by The Pinnacle at Yellowstone Club in Montana. It's $155 million price tag is twenty mil more than the Colorado estate, but it does come with a private ski lift and a wine cellar stocked with 8000 bottles of vino. See some pics of the most expensive estates on the globe at MyREALTY.com's Palatial Properties page. Hear more about the big ticket housing market in an interview with Greg Moesser on The Realty Report.
Realtor® Magazine Online reports:
"Ultimate Homes magazine posted its annual list of the priciest homes on the market in the United States. New York, California, and Florida dominate the list with more than $12 billion in luxury listings coming from these three states alone. The average price of a home on the list is $18 million.
Who are the owners of these mansions? A survey shows that 73 percent of home owners who own at least one home valued at $2.5 million or above are younger than 55 and are self-made millionaires."
Here are the top 12 properties on the list:
The Pinnacle at Yellowstone Club, Big Sky, Mont.: $155 million
Hala Ranch, Aspen, Colo.: $135 million
Trump Estate, Palm Beach, Fla.: $125 million
Tranquility, Lake Tahoe, Nev.: $100 million
The Portabello, Corona del Mar, Calif.: $75 million
Three Ponds, Bridgehampton, New York: $75 million
The Pierre Penthouse, New York City: $70 million
2845 Broadway, San Francisco: $65 million
Malibu Beach Home, Malibu, Calif.: $65 million
Sierra Star, Incline Village, Nev.: $65 million
Robert Taylor Ranch, Brentwood, Calif.: $60 million
Sassafras, Lloyd Neck, N.Y.: $60 million
— REALTOR® Magazine Online
Realtor® Magazine Online reports:
"Ultimate Homes magazine posted its annual list of the priciest homes on the market in the United States. New York, California, and Florida dominate the list with more than $12 billion in luxury listings coming from these three states alone. The average price of a home on the list is $18 million.
Who are the owners of these mansions? A survey shows that 73 percent of home owners who own at least one home valued at $2.5 million or above are younger than 55 and are self-made millionaires."
Here are the top 12 properties on the list:
The Pinnacle at Yellowstone Club, Big Sky, Mont.: $155 million
Hala Ranch, Aspen, Colo.: $135 million
Trump Estate, Palm Beach, Fla.: $125 million
Tranquility, Lake Tahoe, Nev.: $100 million
The Portabello, Corona del Mar, Calif.: $75 million
Three Ponds, Bridgehampton, New York: $75 million
The Pierre Penthouse, New York City: $70 million
2845 Broadway, San Francisco: $65 million
Malibu Beach Home, Malibu, Calif.: $65 million
Sierra Star, Incline Village, Nev.: $65 million
Robert Taylor Ranch, Brentwood, Calif.: $60 million
Sassafras, Lloyd Neck, N.Y.: $60 million
— REALTOR® Magazine Online







4 Comments:
...in my dreams. if your site can show me how to afford one of these puppies - we'll do business!
;-)
Have you checked out the 'investors' section on this site?? Maybe we can go in 1/2-ers on a few of these. . .
Chipping at Realtors' Six Percent - did anyone see this show? What did you think about it? - What impact will it have on the housing market if what they are saying holds true?
I understand there is now a more expensive home in Beverly Hills - the former Hearst Mansion - for a meager $165M. Hearst bought the mansion in 1947 for about $120,000.
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