Lake St. Louis, Estate of the Day
Kenny at Homes of the Rich drew our attention to this one, the home of Darain Atkinson the founder of the now bankrupt US Fidelis, a company that dealt in vehicle service contracts. This sprawling home on Lake St. Louis in Missouri is a nine-bedroom compound that has a beauty parlor, bowling alley, observation tower, meditation room, art studio, gym, safe room and more. Reports say that the listing price of $14.9 million is at least $2 million short of the anticipated construction and land-acquisition costs.
While the home was being built questions on how Atkinson could pay for the home began to arise. According to an article in the St. Louis Post-Dispatch, the bankruptcy filing of US Fidelis shows 331 payments totaling about $7.2 million on expenses related to the compound's construction including charges from an architectural blacksmith, a landscaping company, a home theater company, lighting and millwork companies. A bankruptcy judge has frozen Atkinson's assets, he and his brother, Cory are accused of defrauding US Fidelis to the tune of around $100 million. Ironically, in an interview last year, Atkinson said he was building such a lavish manse to accommodate the charitable fund-raisers he planned to host. The home is on 6.7 acres with indoor and outdoor swimming pools and an eight-car garage.