Even during a year in which luxury home sales slowed across the board, some deals made headlines – most notably Jay-Z and Beyonce’s $190 million deal for an expansive blufftop compound with views overlooking Paradise Cove in Malibu.
Ken Griffin of Citadel Securities made headlines with his $240 million purchase on Manhattan’s Billionaires’ Row; but this wasn’t the only significant transaction to take place this month.
The One
Ken Griffin once owned this extravagant property that sits atop our most expensive homes list with an asking price reflecting its celebrity pedigree and boasting six bedrooms, seven bathrooms, and an assortment of luxurious amenities.
Coeur d’Alene boasts another luxurious lakefront estate designed by Chandra Payne that boasts over 7,000 square feet. This two-story foyer features a two-piece Venetian plaster ceiling that was inspired by the New Wing of the Vatican Museums; additionally there is an octagon-shaped solarium featuring Jerusalem limestone terrace and doors from an ancient English monastery culled from its interior design.
Kentucky’s most expensive home is an impressive 17th-century country mansion covering an astounding 28,000 square feet of luxurious living space. It features an eye-catching exterior as well as two-story great room with floor-to-ceiling fireplace and 16 seat formal dining room – located within DuPont Circle Historic District it has hosted high-profile individuals and politicians alike.
Casa Encantada
One of the legendary estates in luxurious Bel Air is back on the market, and its asking price could set a new record for priciest privately owned home sold in America. Designed by James Dolena, Casa Encantada (meaning Enchanted House) serves as an incredible time capsule of 1940s design taste.
This 40,000-square-foot mansion stands in Los Angeles’s most luxurious neighborhood and overlooks Bel-Air Country Club golf course. Twice, in 1980 and 2000, this residence became America’s most expensive private sale transaction.
Gary Winnick, founder of Global Crossing, first listed his home for sale with an original asking price of $250 million this year. However, after significant reductions were made on both prices, making Gary’s house still one of the nation’s priciest listings, tied with one sold by hedge fund manager Ken Griffin earlier this year in Manhattan.
Karen and Gary Winnick currently own and plan to use the house as a vacation rental; if they wanted to move in however, extensive restoration work would need to be completed to bring it up-to-date.
Palazzo di Amore
Jeff Greene listed his lavish Beverly Hills estate for sale last fall with an asking price of $195 million — making it America’s most expensive house to date. However, recently he reduced it by nearly $46.6 million and appears ready to finally sell his home.
This sprawling Mediterranean compound boasts 12 bedrooms and 23 bathrooms as well as an incredible entertainment complex featuring two wine cellars (which can store up to 13,000 bottles), an revolving dance floor, as well as its own vineyard. There’s parking space for 150 vehicles on this property too!
Palazzo di Amore stands out as an extraordinary Australian estate due to its extravagant features; yet most Australians couldn’t afford it. Renting the estate, which spans the size of several suburban homes in Brisbane, Adelaide or Perth respectively costs $413,000 monthly – roughly equalling what you would spend on renting a brand new apartment in Sydney or Melbourne!
Butterfly House
Although real estate transfers this year have been less costly than previous years, that doesn’t mean there haven’t been some eye-catching deals – like this spectacular Malibu complex purchased by Jay-Z and Beyonce for $190 million cash!, making it the largest-ever California deal ever. The home boasts trampoline room, seven kitchens, as well as an artificial stream filled with salmon and trout!
Even after receiving a major price reduction, this Bel Air estate known as Casa Encantada (loosely translated to “Enchanted House”) remains among the most costly homes for sale. Formerly owned by billionaire Gary Winnick, its 40,000 square-foot space contains seven bedrooms and 20 bathrooms – enough space for Gary himself!
Palm Beach’s exclusive Billionaires’ Row sector is home to this oceanfront mansion – and former residence of Citadel CEO Ken Griffin before spending $240 million on a New York penthouse nearly four years ago.
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