Most expensive home in the continental U.S. hits the MLS
Finally, a home that makes San Francisco housing prices seem affordable: Le Palais Royal, a Beaux Arts palace reclining on Florida’s Atlantic Coast, has just been listed for $139 million. That makes this 60,000-square-foot mansion the most expensive current listing in the continental U.S.
The property, unsurprisingly, boasts a long list of impressive–and perhaps excessive– features. Aside from the palatial square footage, the mansion also offers over four acres, much of which is beachfront on Millionaires Mile in Fort Lauderdale. Le Palais Royal boasts a 492-foot private dock that can accommodate up to a 185-foot mega yacht, and an underground garage with parking for over 30 cars. A 13-foot, 22-carat gold-leaf gate and 26-foot entrance fountain grace the exterior of “the palace” itself.
Also on the grounds, find a 4,500-square-foot infinity edge pool with a 12-foot cascading waterfall, double loop, LED-lit waterslide, fire pit and swim-up bar for outdoor entertaining. The pool includes, of course, an automated temperature gauge sensor and triple sanitation system, which according to the official Coldwell Banker write-up, “utilizes saline, chlorine and ultraviolet light.” Such a scene cries out for a hot tub, and Le Palais Royal does not disappoint: the Jacuzzi here rests above a waterfall. The courtyard also offers an outdoor kitchen with a pizza oven, lounge and indoor massage/spa treatment rooms.
Inside, the opulence continues. And continues. The entryway features bronze and mahogany doors with 22-carat gold leaf inlay; these doors are set under a $2 million marble staircase with steel-iron railing and gold leaf that took more than two years to construct.
Views abound from each of the 11 bedrooms and 17 bathrooms. Bored by this vista, one could turn to the first ever IMAX Theater contracted for private use: a 50 by 27-foot screen, seating for 18, bar and lounge. There are three master bedroom suites and one “presidential master suite,” each with a Jacuzzi and ocean view, and there is also a plunge pool off the terrace of one of the master suites on the second floor.
Perhaps aware that such displays of wealth inspire covetousness, the property includes a security system, security guard accommodations and “an air-conditioned kennel for on-site guard dogs.”
The home itself has been listed before completion, a process projected to take until the end of 2015. By that time, the kitchen “will feature a La Cornue Grand Palais custom range and custom cabinetry made of solid mahogany accentuated with 22-carat gold leafing” [and] “The family room will feature a 1,300-gallon Living Color aquarium enclosed within custom cabinetry that will accommodate a high definition 3-D television,” promises listing broker William P.D. Pierce. Lest anyone in this price bracket fear future expense of any kind, rest assured that the $139M price tag includes the cost of finishing the home’s construction.
Pierce, who handles high-end properties regularly on the Florida coast, acknowledges this mansion has to sell to a particular type of buyer. “Le Palais Royal is to be the most expensive listing on the market in America, and was designed to be fit for royalty and the upmost refined individual. It is a true extension of a life well-lived,” he said in a press release. “This grand palace will be a landmark that rivals Europe’s greatest palaces.”
(September 2014 Newsletter)