World's most expensive home: $220 million penthouse
The $150 million price tag for Candy Spelling's 123-room megamansion has been surpassed by a six-bedroom property in London.
Maybe space just isn't the commodity it used to be.
As Candy Spelling's $150 million megamansion in Bel Air, Calif., has languished for more than a year on the market, an unidentified buyer has snatched up what's believed to be the world's most expensive piece of residential real estate for about $220 million, and it's hardly the 123-room, 56,500-square-foot estate that Spelling lived in with her late TV-producer husband, Aaron Spelling.
No, the world's most expensive home is actually a six-bedroom penthouse in London that's not even finished yet, according to Luxist.
The penthouse is part of the posh, 86-unit One Hyde Park development, which is slated for completion in December and boasts prices starting at $30 million, Luxist says.
Meanwhile, America's most expensive recorded residential sale this year was for a sprawling, 3,500-acre ranch in Colorado that energy executive and billionaire Kelcy Warren bought for $46.5 million, nearly half off the original $88 million asking price.
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But as The Wall Street Journal points out, even though Warren's Bootjack Ranch has its own spa and aquatic center, it does not have the 24-hour room service that's available to residents of the four-tower One Hyde Park from its neighboring Mandarin Oriental hotel.
Residents do have access to their own spas, however, as well as squash courts and a private wine-tasting facility, Luxist says, not to mention top-of-the-line security from former members of the United Kingdom's elite special forces unit, the Special Air Service.
And the penthouse takes security to the next level, with a panic room and bulletproof windows, which also will provide its new owners with a priceless view of the neighboring Hyde Park.
Who do you think is getting a better deal, the buyer of the posh urban penthouse or whoever finally buys the megamansion that's so big that Spelling has said she doesn't even know how many rooms it has?
to above, hey we aren't lazy freaks. No one who is sane would say oh how cool.
I lost my job too. And I would love to be able to even buy a car now so I can try to drive to the next state over to find a good job. I think they also Do NOT donate money to charity and or help the homeless.
They are rich, they don't care, they spent more money then you can imagine at Chanel, Gucci, fancy exotic sportscars. They just make me sick.
the only nice rich folks I know is those who win the lottery , who use to be poor and use to work their fingers to the bone!!
She has a staff of 13: English butler, French chef, 2 chauffeurs (His & Hers), valet, personal maid, 3 housemaids, a woman who ironed, a man to polish the silver and wipe all the china and crystal EVERYDAY, a "handyman" and a "gofer" for odd errands. She paid people VERY WELL! (70s-80s era $50 thou to butler & chef, and down to about $20 thou. Full insurance for all. The 1/2 floor was for the staff and, if you chose not to live in, one of the chauffeurs picked you up and brought you home. ALL meals provided by the chef. Total annual costs were above $500,000! Her turnover was almost nil because many, many people would have loved to work for her. She and her husband gave great sums of $$$$ to numerous charities, cultural institutions and the arts. I could give other examples but you get my drift. Big houses are an enormous expense. As the old saying goes "The 2 happiest days in a yacht owners is the day he bought it and the day he sold it".
By the way...am not only in search for a room but also for a new girlfriend!
Hey you ladies out there...HERE I AM!!!!!!!!
SWM, 51, 5'9", self employed, drives a Volvo P1800 ( just like the one Simon Templar " THE SAINT had) no diseases and good looking!
If interested let me know...and am not kidding!
I wonder if any one of these two houses on the article have rooms for rent????
My girlfriend just kicked me out of her house and guess why???...I forgot to flush !!!!
A person who would spend this amount of money on a home doesn't really care about what could have been done with it to better humanity. Do they realize how much $150,000,000 could buy? Do they realize how many children could be fed, how many homes could have been built, how many people clothed, how much medicine could be provided?
If you can afford to spend this on a home, you don't really need it. It's a frivolous attempt to impress others of their same ilk. I, personally, take offense that you feel this article merits space. I'd much rather read about the billionaire who still lives in a little rancher and has become an anonymous philanthropist sharing with others his good fortune in a way that will benefit him and mankind.
Wow, this is so yesteryear. I wonder how many jobs could have been created if the Spellings had only used that money for micro-loans to emerging technology businesses, or to create affordable housing and staffing for some homes for street people who need medication and a roof over there heads?
We all like to live well if we can afford to, and I don't begrudge anyone a nice lifestyle earned through creativity and/or hard work. And I'm certainly not the person to say when a person should deem themselves to have "enough" and spend the rest on charity, but I think that Gates and Buffett have the standing to make such decisions, and have voted with their wallets.
I also think that it is irrepsonsible to run these types of articles when the world's populace is hurting so much. All it basically does is build resentment and potentially promote class warfare. That's a lot of risk for Microsoft to create for a stupid article.
About Teresa Mears
Teresa Mears is a veteran journalist who has been interested in houses since her father took her to tax auctions to carry the cash at age 10. A former editor of The Miami Herald's Home & Design section, she lives in South Florida where, in addition to writing about real estate, she publishes Miami on the Cheap to help her neighbors adjust to the loss of 60% of their property value.