10 Most Expensive Properties Listed for Sale in 2010

Wasn't 2010 the year that we rejected our gluttonous spending ways, when we convinced ourselves that less was more and that Dante intended to have a circle for those who couldn't make do with any fewer than five bathrooms? Well, no doubt the following homeowners just want to join the downsizing party.
Presenting, the Luxist List of the 10 Most Expensive Properties on the Market in 2010. (An asterisk or two: Some of these listings are holdovers from 2009, one even from 2006. And while it's inconceivable that a publicly listed home in this price bracket would escape our attention, frequently homes are available as pocket listings -- the owner will sell them for the right price, but oh-so-quietly.)
1) The Manor -- or aka, Candyland, as the Candy Spelling mansion is dubbed. On the market at $150 million for eons now, the mistress of the mansion appears unwilling to bequeath the title of "most expensive home in America" to anyone else. Fair enough. But unless the frog she kisses turns into a Saudi prince, we fear this palace will be heading our list in 2011 too.
Besides, in this new era of austerity, what does one woman really need with 123 rooms and 56,500-square feet? It's the largest home in Los Angeles County and was built by Candy and her deceased husband Aaron Spelling, the entertainment mogul who created -- among other things -- "Beverly Hills 90290" that starred their daughter Tori Spelling. The two-story house has a level between the second story and the attic that is just for closets. There is a screening room, bowling alley, three rooms for wrapping presents and a parking lot for 100 cars. Oprah is said to have looked but if she did, she didn't buy. Listing agent: Jeff Hyland of Hilton & Hyland in Beverly Hills, who shares it with partner Rick Hilton and Coldwell Banker agent Sally Forster Jones.

2) Fleur de Lys, the 41,000-square-foot estate that makes no attempt at understatement. Listed at $125,000 million, it is modeled after a French Ducal palace. Following the Candy Spelling School of Real Estate Marketing, owner Suzanne Saperstein hasn't budged on the price since it was first listed in 2007. If you're interested, talk to Joyce Rey of Coldwell Banker, who shares the listing with Robert Kass of Hilton & Hyland.

3) Tranquility in Zephyr Cove, NV remains on the market at $100 million as it has been since 2006. That's four years folks. The seller is Joel Horowitz, the co-founder of the Tommy Hilfiger Corp., and the estate sits in the tax-favorable Nevada side of Lake Tahoe. The estate has its own private lake, boat house and sits on 210 prime acres. The marble flooring in the entrance hall of the 20,000-square-foot main house is patterned after that of the New York Public Library's and the staircase is a replica of the Titanic's. Is there a lesson here involving sinking ships? Shari Chase of Chase International has the listing.

4) Hearst's Beverly House is listed at $95 million. No, William Randolph Hearst doesn't still own it, but the financier who does -- Leonard Ross has declared bankruptcy. Ross' troubles notwithstanding, this is a spectacular home that was built in 1927 for banker Milton Getz. Hearst and Marion Davies got it in 1946 for $120,000, a price that makes us weep just to type it. Ross bought the home in 1976. It would be disrespectful to a property of this scale to suggest it was a fixer-upper, but we'll float the notion that it needs some updating. We love, love, love the library with hand-carved woodwork and wrap-around balcony and bookshelves. There's also a massive carved stone fireplace from San Simeon and an outdoor terrace that can fit up to 400 people for a sit-down dinner. Count Jeff Hyland of Hilton & Hyland as listing this one too.

5) Richard and Liane Weintraub's Malibu estate -- $75 million if you buy the whole 8-acre shabang, but they are willing to sell you just parts of it. This is an interesting property for a number of reasons, chief among them is the pool house, which commercial real estate developer Richard Weintraub had a heavy hand in designing. It has a natatorium; yeah, we had to look it up too. Constructed of carved marble, the building is Romanesque in design and has a spectacular frieze over the doorway. About a million seashells were used and the pool is tiled in Murano glass. The three-story main house has 12,500 square feet and all together, there are three swimming pools. Liane Weintraub is the co-founder of the organic food line, Tasty Brand, the people who bring your kids Tasty Baby organic snacks that taste so good you wind up eating them all. Chris Cortazzo of Coldwell Banker Previews International, Malibu West, has the listing.

6) 1016 Madison, a seven-story pre-war townhouse on New York's Upper Eastside is listed at $72 million. Pardon the West Coast bias here, but doesn't seven stories mean a lot of climbing steps? Oh right, they have an elevator. The renovated 12,000-square-foot townhouse is in the center of the upper Madison Avenue cultural district and retains many of the original architectural details, including said elevator. The listing agent thinks it would be perfect for an art gallery, office space or high-profile retailer. Michael Pellegrino of Sotheby's International Realty in New York City has the listing.

7) The most expensive ZIP Code in the nation (which is Alpine, New Jersey) has an offering in the most expensive house category. Four years ago, real estate developer Richard J. Kurtz spent $58 million for the 60-acre Henry Clay Frick estate. He turned the property into eight separate multi-acre properties and put mega-mansions on each. This one, known as the Stone Mansion, is now sporting a price tag of $68 million and is listed through Prominent Properties Sotheby's International Realty broker Dennis McCormack. It's a 30,000-square-foot estate that sits on 6 acres. Kurtz handpicked the more than $2 million of antique chandeliers and sconces from antiquarian Cedric Dupont, so don't you go assuming this is a McMansion. Anything but.

8) 9577 Sunset Blvd., Beverly Hills listed at $68.5 million
There are spec houses and then there are spec houses. This is a new construction built on the site of a home that was destroyed in a fire decades ago. The lot sat vacant for about 20 years and then along came some high-end developers who must not have read about the recession. The 36,000-square-foot home has nine bedrooms and 13 baths and 24-karat gold-plated doorknobs made by the same French workshop that allegedly serviced the Palace of Versailles. Mauricio Umansky of Hilton & Hyland, Beverly Hills, shares the listing with Joyce Rey and Jade Mills, both of Coldwell Banker.

9) We don't pretend to understand the logic behind the pricing of Tranquility--Greg Norman, Hobe Sound Florida, which now sits at $65 million. It came to market at $65 million in 2007, an oddity of thinking since it had been assessed at just $21 million and when Norman and the ex-Mrs. Norman bought it in 1991, they paid just $4.9 million. In a fleeting moment of pricing sanity, they lowered the asking to $47.5 million, but when we checked in on it recently, it was back at $65 million. We'd like to think Norman did a lot of renovations on the property, but the listing photos sure look the same as they always did.

10) 22 East 71st Street has 21,000 square feet for $50 million, recently reduced from $59 million. An elegant neo-Italian Renaissance mansion that's 45-feet wide and one of the largest and historical town-homes in Manhattan. It was commissioned in 1922 by a prominent German merchant, Julius Forstmann, and designed by the renowned architect C.P.H. Gilbert, who built majestic mansion for New York's leading families. The home has five floors plus an additional garden level and a full sub-basement.
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Reader Comments (Page 1 of 6)
DJ Dec 15th 2010 10:32AM
Granted, the person that buys any of these properties will pay cash or trade other assets for it, but the continuing and operating costs are simply staggering. Taxes, utilities, interior and exterior cleaning and maintenance, gardening, decorating and updating, security and insurance will easily run into the millions every year.
al schrader Dec 31st 2010 3:05PM
I could have bought an estate several times larger than the one I currently own, but you reach a point where the quality of your life is reduced as things get bigger.
Fourty eight rooms ? Do you have 48 relatives ? Is it a hotel ? If you need a golf cart to visit parts of your estate, it's too big.
I'm the most famous painter that ever lived, but I don't want to live in a museum.
Over the top art everywhere, marble on every corner, billion bulb chandeliers, statues leering around each bend, mozaics, ornate everything. It's too much.
And there's the "livability" factor. You can't relax on a $50,000 chair...you might tear a thread or leave a stain, or wear a spot on the rug, or scratch the Italian marble. Yuck. Too much stress.
JUDY Dec 31st 2010 6:55PM
Well, duh..... People that can invest in this kind of luxury property don't have to worry about paying for the maintenance, taxes,etc.
Lori Dec 31st 2010 7:40PM
I think of the homless people who could live there or of the money that could go to helpful causes. I know that it is their money to spend as they like but I don't know how they don't feel wierd living so large then there are so many wanting in the world. Why do you need a place so big anyway, your body can only take up so much space at a time. It must be a status thing. I know there are rich people who give a lot to charity but there are many more who don't.
hphan Dec 15th 2010 10:38AM
125 billion dollars for a house? wow!
/sar
Smplykatt Dec 18th 2010 6:02AM
Ummmm, that's million. Not billion, genius.
ashok Dec 19th 2010 10:40PM
um the writer wrote 125,000 million which = 125 billion. genius
ttrexxx Dec 31st 2010 6:14PM
back to mexico for you smart guy..lol ...125 million
Bill Dec 31st 2010 7:50PM
I hope they get Bush's tax cuts, they really must need it. I'm sure they will hire lots of servents, housekeepers, chauffers, garders, etc. But they will all be illegal alians.
T Raman Dec 15th 2010 2:46PM
Is it true that the Tranquility estate in Nevada does not have any access to Lake Tahoe and that is why it has been difficult to sell so far?
I'm guessing that the bad economic climate and the uncertainty over taxes in the USA are what are keeping some of these houses from getting sold. There can't be too many other reasons for most of them - the houses are beautiful and in good times they probably would have sold.
JLS Dec 15th 2010 4:12PM
90290? Try 90210. I agree it's not just about the purchase. Maintenance, taxes etc. would be staggering. Beautiful places - all of them. Haven't looked at all of them carefully-going to do that and then post my fav later....
JLS Dec 16th 2010 2:02AM
My favorite is the Malibu estate for 75 mil.
Gorgeous, modern, no better views. All around the best.
Smplykatt Dec 18th 2010 6:04AM
Ummmm, that's million. Not billion, genius.
Alex Dec 20th 2010 11:18AM
Forgot 1
http://www.miamiherald.com/2010/12/04/1957521/lin-arison-event-set-in-60-million.html
mumroks Dec 22nd 2010 2:05PM
Although I love the Marble Pilars, they all seem so cold.
ImportantFacts Dec 26th 2010 3:34PM
The best investment, is NYC, of course. FYI, Hilton of Hilton and Hyland, is Paris' father.
Rebecca Dec 31st 2010 2:24PM
Wish they would have mentioned the property taxes are for these estates.
PS - if I had to choose, I'd take the Alpine NJ one.
MrNewYork Dec 31st 2010 2:55PM
Nice choice!
I have been considering a larger place in NYC. The two listed are perhaps too large.
I also prefer the upper west side of town. The grocer, Zabarts, has a half off sale on most items after 5:00 PM.
They must be crazy! The Bowery?
HeyDiddleDiddle Dec 31st 2010 2:26PM
I don't remember a TV show called 'Beverly Hills 90290.' Guess I must have been watching something else.
Tony Dec 31st 2010 2:29PM
I guess I know I am buying a new house this year!!!!!!! These houses are beautiful but I am sure the up keep is just as expensive!!! Out of this writers pocketbook!!! Happy New Year to All!!!!