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.

By Mai Ling at MSN Real Estate Aug 13, 2010 11:11AM

One Hyde Park, shown under construction last year, is the location of the world's most expensive piece of residential real estate. (Courtesy of One Hyde Park)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?

 
39Comments
Aug 13, 2010 6:01PM
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to above, hey we aren't lazy freaks. No one who is sane would say oh how cool.

duh.

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!!

Aug 13, 2010 5:53PM
Aug 13, 2010 4:35PM
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How about that guy in India that spent more then 1 billion USD building his multi story mansion looking out over the slums.
Aug 13, 2010 4:09PM
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Having grown up with some pretty wealthy people, it never fails to amaze me that anyone would want a "home" as large as Ms. Spellings. Americans and others seem not to know, when looking at great homes from the past, that entire families lived in them, not just a husband, wife and a few children. Aunts, uncles, grandparents, the "Old Maid" etc. They also took an ARMY of servants to maintain, no small expense then and even more so now if you really want quality help. I have a cousin who used to live in a 32 room 17thC French Norman style house in Atherton CA. The house was designed for a live in staff of 6....she could only afford 3. As soon as her divorce was finalized - her husband was the one that bought the house in the 1st place - she sold it. After-wards she said: "Big house equals big mess!". Another acquaintence had a floor and a half in THE most prestigious co-op in San Francisco.
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".

Aug 13, 2010 3:22PM
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And I thought $150 million for Candy Spelling's ridiculously big house was insane. I don't care what kind of amenities you're getting - you're still paying $220 million for a CONDO. No property attached, no privacy, and you'd be dealing witih close neighbors all the time. For that amount of money, I could probably buy an entire building of condos here in Denver. Any bets on the new owner being a Middle Eastern oil billionaire? I doubt anyone in England has that kind of money - even the Queen isn't that rich.
Aug 13, 2010 2:52PM
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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!

Aug 13, 2010 2:51PM
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To all of you who think the 150 million could be better spent, what about the 6 TRILLION dollars that have been forcibly taken from American citizens who are actually productive and given to non-productive members of society?  What has the "war on poverty" over the last 40 years gotten us?  More illegitimate children, more entitlement programs, more dependency on government. 
Aug 13, 2010 2:44PM
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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 !!!!

 

Aug 13, 2010 2:43PM
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it has to be  a tacky  rich person ,  a russian  maybe ?   you  can buy  your  own  private  island  with  that  kinda  money  Hot     what a sucker 
Aug 13, 2010 2:40PM
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i mean   c,mon  guys  it,s  just  not  a  good  investment  ENGLAND?  please ,   buy  in  newyork     over looking   central  park  and  you  still have  200 million  dollars left ,psssst   220 million   for  an apartment  in  crappy  ole  england ,  enjoy  the  crap  weather Sad
Aug 13, 2010 2:35PM
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My heart goes out to this gold digger. He was like 92 and she was 42? 
Aug 13, 2010 2:35PM
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"Frankly, it offends the other 98% of the world's polulation who would rather hear how someone is spending that same amount of money on medical research, or fighting world hunger, or the job market"

Young lady, the home price and purchase only offends you.  The amount of money spent on this home wouldn't do anything to find a medical cure, fight word hunger, or improve the job market.  Your post is based on anger and ignorance.
Aug 13, 2010 2:35PM
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i don,t  care  how  wealthy  you  are   it,s  just  not  a  good  investment period.   england ?    please     buy  in  the  almafi  coast , the  south  of  france ,   south america  , heck  north americaHot .  but    england?    ENGLAND= CRAP FOOD + UGLY WOMEN , quite possibly  the most  overrated country and people  on  the  face of the earth    220 million dollars   for a country that has  crap weather ,and not very attractive people living there , pasty as hell    yuk Sad    buy in  costa rica  ,  rio ,   malibu ,  ibiza ,   there youll get an investment and your money,s worth
Aug 13, 2010 2:29PM
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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.

Aug 13, 2010 1:48PM
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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.

Aug 13, 2010 1:47PM
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My hours at work got cut.Now I cant afford my rent.It was One Thousand U.S. dollars a month.
Aug 13, 2010 1:06PM
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All this does is prove, yet again, how astronomically out of whack prices and money have become. Does anyone really care which choice is better except the 12 people in the world capable of buying it? Frankly, it offends the other 98% of the world's polulation who would rather hear how someone is spending that same amount of money on medical research, or fighting world hunger, or the job market. Frankly, this kind of selfish spending disgusts me.
Aug 13, 2010 12:52PM
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