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September 11, 2014

Most Expensive U.S. Home Debuts on MLS

Looking to upgrade? Last week, the United States' most expensive publicly listed home debuted on the Multiple Listing Service (MLS) for $139 million. The Hillsboro Beach estate, known as the Le Palais Royal, is to be completed in 2015. The Palace of Versailles inspired its gold ornaments, extensive balconies, and six fountains.



The mansion's 60,000 square feet of living space encompasses 11 bedrooms, 17 bathrooms, an Imax home theater, a 1,300 gallon aquarium, a spa, and other equally impressive features. The subterranean garage accommodates 30 vehicles. The house celebrates outdoor living just as much as indoor living--the presidential palace flaunts its own private pool on its terrace! The main pool has an infinity edge, swim-up bar, water slide, fire pit and Jacuzzi. The property also features a summer kitchen, an almost 500 foot dock that can accommodate a 185 foot yacht, and 465 feet of private beachfront.




However, Le Palais Royal is not the most expensive home for sale in the U.S. when you consider properties that are being shown off market. The Manor, in the Holmby Hills neighborhood of Los Angeles, is priced at $150 million. The 1991 Manor originally housed Candy and Aaron Spelling and had a bowling alley and hair salon. British Heiress Petra Stunt (daughter of billionaire Bernie Ecclesiastes) purchased the house for $85 million in 2011 and updated it to appear more youthful. Stunt is only 25 years old.

The Beverly House, in Beverly Hills, California, is available to buy at $135 million or rent at $600,000 per month. The house was built in the 1920s and was home to publishing magnate William Randolph Hearst and actress Marion Davies. The Beverly House appears in The Godfather and served as a honeymoon retreat for Jacqueline and John F. Kennedy. The compound includes the H-shaped house (complete with 40 bedrooms and 30 bathrooms, a 50-foot entry hall, and a library) three pools with a pool house, and a tennis court.

           
The Beverly House, Beverly Hills
The Manor, L.A.




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