Georgia's Massive Le Reve Estate in Foreclosure

Our friend Kenny at Homes of the Rich alerted us to the fact that Le Reve, a massive estate in Cumming, Georgia, that was our estate of the day back in 2008 is now listed as bank-owned and under foreclosure. La Reve was the home of Hubert and Norma Humphrey who designed their lavish home with a private bowling alley, its own golf course, a massage room and a huge movie theater that is a replica of Atlanta's Fox Theatre. There is also a train room that is a replica of the old Central Georgia Railroad from Atlanta to Macon to Savannah that Hubert Humphrey worked on for 17 years as a train conductor. This incredible edifice has 82 rooms, two elevators and 62 televisions. The grounds include a heated swimming pool, pool house, spa, private playground, stables, tennis court, formal gardens and a guest house. The home, which is approximately 47,000 square feet on 90 acres was listed at a stunning $45 million in 2008. In January 2010 we saw that price carved down to $28 million. Now it can be picked up for $18 million.
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Reader Comments (Page 1 of 1)
JLS Jan 8th 2011 12:52AM
Wow. This mansion is nearly the size of the White House at 47k. A home gym that looks like a commercial club. A home theatre that seats 30? Why? A dining area that seats 19. Never thought a mansion could be too big but this baby IS. It's beautiful, don't get me wrong BUT and am left with an uncomfortable feeling from it. This is life in excess for no good reason. It's wasteful, I guess.
I've come a very long way in the last 20 years lol. Back then I would have dreamed of this home and now I don't want it. Wow.
JLS Jan 8th 2011 12:59AM
He worked as a train conductor? Hmmmmm. What bank gave him this kind of paper? Amazing.
gdeast Mar 5th 2011 12:34PM
wow ! what happen too the humphrey ? With his fortune why did the mansion go into forcloser ? Did it bankrupt them ? Or the property taxes in the long run would do this too them ? Or did they just get bored ? Any one with answers , PLEASE SEND THEM TOO ME . THANK YOU