How The 1% Lives
Most housing market data these days focuses on the housing horrors being experienced by the 99 percent, and rightly so. News of foreclosures, double-dips and even triple-dips abounds. Things aren’t so fabulous, real estate-wise, on the other end of the spectrum, either. When you look at the most expensive homes for sale in the country, most have been on the market more than 180 days, and the priciest property for sale in America right now, Fleur de Lys in Los Angeles, has been on and off the market since 2007.
But don’t cry for these homeowners, Argentina America. See how the 1 percent lives, in nine of the most expensive homes for sale across the country, courtesy of Trulia.
Next: Fleur de Lys, Los Angeles: $125 Million
Fleur de Lys, Los Angeles: $125 Million
Texas radio magnate David Saperstein and his then-wife, Suzanne, bought and merged three separate parcels of land to create a site suitable for this palace, modeled after Louis XIV’s Versailles. When the couple divorced soon after construction wrapped up, Suzanne was awarded the palace by the divorce court and has had it on and off the market ever since.
Property Address: 350 North Carolwood Drive; Los Angeles, CA 90077
Specs: 12 bedrooms, 15 baths
List Price: $125 Million
More Pics of this Home on Trulia
More Los Angeles, CA Homes
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