One of the most expensive homes in America is a massive Beverly Hills, Calif., estate with its own entertainment complex, 27-car garage and vineyard has hit the market with a record breaking listing price of $195 million.
Called the Palazzo di Amore (or “Palace of Love”), the estate is enormous with 53,000 square feet of living space, 12 bedrooms and 23 bathrooms. The master suite alone — at 5,000 square feet — is bigger than most McMansions.
Imagine having to use a GPS locator to find your loved ones in this home.
On the 25-acre property, there’s a vineyard that produces 400 to 500 cases of syrah, cabernet, sauvignon blanc and other wines each year. There’s also a guest house, formal gardens, a spa and a 128-foot long reflecting pool.
Visitors arrive through one of three sets of double gates and drive a quarter mile to the front entrance, where they encounter an Italian-made fountain carved of Carrara marble.
Unlike Belmont, they can park pretty much anywhere. The estate has a 27-car garage and 150 additional parking spaces.
The Palazzo di Amore was made for entertaining. Not only can it accommodate 1,000 guests, but it also boasts a 50-seat theater, a bowling alley and a game room. There’s also space to host a seated dinner for 250 guests. But who’s doing the dishes?
The ballroom is outfitted with laser lights, a DJ booth and a revolving dance floor. It also features a trompe l’oiel, sky-dome ceiling with more clouds painted on it than the typical Southern Californian sees in a day. There’s also expansive views of West Side of Los Angeles, Century City and the ocean beyond.
Of course and respectable vineyard must have its own wine cellar and tasting room. This one has space for 3,500 bottles. If that’s not enough space, there’s a more utilitarian wine vault downstairs that holds 10,000 more bottles.—source CNN Money.
But don’t expect to get invited over for dinner anytime soon. The villa is rented out most of the time at a cool $475,000 per month. I wonder if that even covers the water bill?
Drew & Christine Morgan are REALTORS/NOTARY PUBLIC in Belmont, CA. with more than 20 years experience in helping sellers and buyers in their community. They may be reached at (650) 508.1441 or emailed at email@example.com.
You can find them on Facebook at https://www.facebook.com/Morganhomes and also find them on Twitter @ https://twitter.com/morganhomes
The information contained in this article is educational and intended for informational purposes only. It does not constitute real estate, tax or legal advice, nor does it substitute for advice specific to your situation. Always consult an appropriate professional familiar with your scenario.