Only $33,750,000 down and $587,250 per month
I was checking out the Forbes list of the most expensive residential real estate in the U.S. this morning. I’m not really shopping for a new home but it’s sometimes fun just to see how the other .00001% of the population lives.
Currently, the most expensive home in the United States (listed since the Forbes list was released) is available for a whopping $135,000,000. My mortgage calculator doesn’t accept prices over $100,000,000 so I had to figure this one by hand, so please, don’t quote me on this. The last thing I need is to be chipping in for the monthly payments on your new estate. With only $33,750,000 down and monthly payments of $587,250 per month (not including taxes) this one could be yours.
Hala Ranch is a 95 acre estate tucked in the mountains of Aspen, Colorado. Owned by Prince Bandar bin Sultan bin Abdul Aziz, former Saudi Arabian ambassador to the U.S., it boasts a 56,000 square foot mansion with 15 bedrooms and 16 bathrooms. It’s listed with Joshua Saslove at Joshua & Co.
Just a touch out of your price range? Hey, I understand. Perhaps this property (no longer available) located in Palm Beach Florida and owned by Donald Trump fits the budget a little better. This lovely home offers a ballroom, conservatory, a 100-foot swimming pool and 475 of Florida ocean front. It’s a steal at only $125,000,000. The property is listed with Dolly Lenz and Geoff Thomas at Prudential Douglas Elliman.
Dolly Lenz is reportedly the number 1 REALTOR® in North America. Her dollar volume of listed properties far exceeds what I’ll sell in a lifetime, perhaps two lifetimes. I’m sure she doesn’t need any advice from me. I’ve been on a bit of a rant lately about the value of decent photographs both in quantity and quality so I couldn’t help but notice what a poor presentation the Trump property gets online. I mean, two photos and practically no information whatsoever.
If I were “the Donald,” I think I’d be saying, “you’re fired!”
Read also: A Compelling Case for More Photos on Your Home Listing and If A Picture is Worth a Thousand Words, What Are the Photos of Your Home Saying to Prospective Buyers.
I’m always happy to answer your Saskatoon real estate questions. All of my contact info is here. Please feel free to call or email.
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Norm Fisher
Royal LePage Saskatoon Real Estate
There's 3 Comments So Far
April 3rd, 2009 at 1:36 pm
Thanks for figuring those payments, now OI just have to go see Lar in Issaquah and see if he will lend me the money on myabe a 200 year interest only mortgage with a balloon payment due long after I am dead and burried!
April 3rd, 2009 at 1:37 pm
Lol! I think that would be the greatest promotion. “Don’t pay til your dead!” You never know. It may be coming and when if does, I’m buying! Thanks Teresa.
April 3rd, 2009 at 1:38 pm
Amazing that such property even exists.