BULK SMS

04 September, 2015

The most expensive mansion in America

The gated estate in Beverly Hills that has topped the price chart of publicly listed homes for sale nationwide at $195 million since last year has lowered the bar, and its asking price, to $149 million. Real estate entrepreneur Jeff Greene, who owns properties in Florida, New York and California, put his Palazzo di Amore on the for-sale market in November. A few months later, he also offered it for lease at $475,000 a month. Greene bought the property in 2007 for $35 million and spent eight years expanding the Mediterranean-style mansion. The main residence has more than 35,000 square feet of living space for a total of about 53,000 square feet, including an entertainment complex he added and a detached guesthouse. There are 12 bedrooms and 23 bathrooms. A floating-style glass-floor walkway over pools and lined by 70-year-old olive trees leads to the entertainment complex, which can seat up to 250 dinner guests. The 15,000-square-foot complex also has a 50-seat theater, a bowling alley and a disco/ballroom with a revolving floor, a DJ booth and a laser-light system. The estate label, Beverly Hills Vineyards, produces 400 to 500 cases of wine a year. There’s one wine cellar that can store 3,000 bottles and another that can hold about 10,000 bottles. A 128-foot reflecting pool and fountain, a waterfall, a swimming pool, a spa, a barbecue area and a tennis court complete the grounds. Joyce Rey and Stacy Gottula of Coldwell Banker are the listing agents.




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