Open House: The Most Expensive Home in America
Le Palais Royal, a 60,000-square-foot Florida megamansion, just hit the market with an eye-popping $159 million price tag — making it the most expensive home in the country.
The Hillsboro Beach, Fla., estate, which is just south of Boca Raton and modeled after Versailles, contains a laundry list of opulent amenities that would make any billionaire blush. (And for that price, it should!)
Features include (but are not limited to): a 3,000-bottle wine cellar, a 30-car garage, 17 bathrooms, 11 bedrooms, a 13-foot gold-leaf fence, six waterfalls, two Jacuzzis, two docks (which can accommodate massive yachts, of course), a 4,500-squre-foot infinity pool with a double-loop water slide, a swim-up bar with an ocean view, an outdoor pizza oven in a summer kitchen, a putting green, a 1,300-gallon custom aquarium wall with a built-in 3-D television, a gym, and a spa-massage room.
What would be called a master bedroom in any other home is here dubbed the Royal Suite. The Wall Street Journal first reported the listing. One more claim to fame? The first private IMAX home theater in the world, which seats 18 in red plush seats.
Records have revealed that the palatial pad, located between the Atlantic Ocean and the Intracoastal Waterway (with private access to both, natch), is owned by Robert Pereira, who helms a Massachusetts-based construction company. Design on the main house began in 2008, construction in 2010.
In September of 2014, Le Palais Royal hit the market for a jaw-dropping $139 million; it left the market a year later.The main home is now 95 percent complete, so Pereira decided to try, try again to lure a buyer.
Now it’s officially back, at a more expensive price to boot, reportedly because Pereira added a second lot to the already large assemblage, believing (obviously!) “the estate needed more land and entertaining space.” Now it totals 4.5 acres.
Hence the price increase, which is due to a new phase of construction on that additional lot adjacent to the main manse that will include even more over-the-top amenities.
Just have a gander at what’s to come: two guest homes of 3,000 square feet each; a pool in between them; and an underground entertainment space that will include an ice-skating rink, a go-kart track, a bowling alley and a nightclub. Read more > > >