Daily Real Estate News | Thursday, August 25, 2016
So how much does the priciest home in the world cost exactly? $1.1 billion.
The home – known as Villa Les Cedres or “The Cedars” -- is located in Saint-Jean-Cap-Ferrat, a town in southern France. And, it’s currently for sale.
So what does $1.1 billion buy you? Ten-bedrooms, a ballroom, chapel, 30-horse stables, a 35-acre botanical park (including 20 greenhouses and 15,000 rare tropical plants); and an Olympic-sized swimming pool.
The home also has royal history. It was built around 1830 and has ties to Leopold II, the king of Belgium who once used it as a holiday home in the 1900s. The most recent owner was Suzanne Marnier-Lapostolle, heiress of Grand Marnier, a liqueur brand.
The previous record for a list price, according to the French press Bursier.com was a Texas ranch offered for $725 million.
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