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Private Palace in Paris Listed for Sale at $140 Million

Filed under: Estates


Clocking in at just behind the $150 Spelling Manor in Beverly Hills and snagging the title of the second most expensive estate in the world is this private palace in Paris just listed by an affiliate of Christie's Great Estates for about $140 million. Located on the city's famed Avenue Foch, one of the world's most expensive and prestigious addresses, home to many mansions including those of the Onassis and Rothschild families, the ultra-exclusive estate was built in 1912 for the Duchesse de Montmorency. The nearly 28,000 sq. ft. interior houses 12 bedrooms and 12 baths along with four staff apartments. Many elements of its incredibly rich décor come from older mansions and are of historical importance including 18th century wood paneling, dozens of marble fireplaces and a museum-quality ceiling in the enormous dining room by the great French Post-Impressionist painter Henri Rousseau. The lavish interior also boasts massive crystal chandeliers, huge Corinthian columns, gilded moldings and marble floors.

[via JustLuxe]

$650 Million Price Cut on Villa Leopolda? (Updated)

Filed under: Estates, Wealth


Villa Leopolda on the Cote D'Azure (above), once the world's most expensive estate with a $750 million pricetag, is apparently back on the market with an astonishing $650 million price cut, a new world record. The 11-bedroom, 14-bathroom mansion has 29,000 square feet of interior space that opens to manicured lawns and a swimming pool. The spiraling outdoor staircases, balconies and terraces have waterfront views and of the surrounding hillsides. Working fireplaces, a sauna, outdoor kitchen and pool house are other features. As we noted back in February, Russia's richest man Mikhail Prokhorov had reportedly agreed to purchase the Villa for $750 million but later backed out of the deal, forfeiting a $55 million deposit. In May we reported that the recession had caused the estate's value to plunge significantly. Owner Lilly Safra did not re-list the property right away, but according to Forbes the Villa is now available for $102 million. The magazine now places it as the 4th most expensive estate in the world, behind No. 1, the Spelling Manor at $150 million; No. 2, Fleur De Lys at $125 million; and No. 3, Updown Court at $117 million.

UPDATE: Leopolda's owner Lily Safra now says the Forbes report was "pure fantasy". "The residence is not being sold and was never offered for sale," Safra's rep Seth Goldschlager insists. Forbes has now removed Leopolda from its list of the world's most expensive estates. Albemarle House in Charlottesville, Va., listed at $100 million, is now the 4th most expensive estate in the world according to the magazine, behind No. 1, the Spelling Manor at $150 million; No. 2, Fleur De Lys at $125 million; and No. 3, Updown Court at $117 million.

The Spelling Manor Listing Goes Live

Filed under: Estates

Breaking news from the world of celebrity real estate. The Real Estalker reveals that the listing for Candy Spelling's $150 million home in Holmby Hills, California has gone live. The home has been quietly listed for months but this is the first official look at the home. We've got just a couple of listing pics, a hint at the grandeur within. It's listed with Hilton & Hyland and the firm principals Jeff Hyland and Paris Hilton's dad Rick are handling this one themselves. The listing is here. I'm still waiting for a Everett Fenton Gidley property website to really get things started.

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