Any property management company knows that luxury homes are in high demand in today’s growing economy. Some of the most wanted luxury homes for sale sell for millions or even billions of dollars, and the features and amenities they offer are astounding. New luxury homes are often kept up and cared for by a property management company, and the real estate agent is responsible for attracting people who are interested in buying investment property. For anyone who is thinking about making a big purchase soon or is just interested in learning more about the most luxurious homes in the world, here’s a list compiled by Forbes Magazine of some of the most expensive homes that have been on the market in the past few years.
1. Villa Leopolda (Villefranche-sur-Mer, France)
This home is owned by Lily Safra and is estimated to be worth $1.2 billion. The owner bought it for $750 million, and has put a lot of work into it which has led to a significant increase in value. This estate is rumored to have been built by King Leopold II for one of his mistresses hundreds of years ago, and its luxurious features and 20 acre size certainly don’t dispute the belief that this house is fit for a king.
2. Fair Field (Sagaponack, NY)
This is one of the most inexpensive homes on the list, valued at $6.5 billion. The property value is a mere $248 million, which is seemingly small compared to the worth of the home. The home’s truly unique qualities and expensive price tag are a result of the incredible features it boasts, including 29 bedrooms, 39 baths, multiple swimming pools, and an on-site power plant that allows the owner to be “off the grid.”
3. One Hyde Park (London, U.K.)
This home was purchased in 2011 by Rinat Akhmetov for $221 million, and today it is estimated to have a value of at least $15.4 billion. It is known as the world’s most expensive apartment and the owner is among the most elite in the world. Some of the most striking features of this property are windows composed of all bullet proof glass and a full time concierge service.
4. Ellison Estate (Woodside, CA)
This home is worth $43 billion dollars and was built by the current owner, Larry Ellison. It cost a whopping $200 million to build, but its value has far exceeded construction costs due to a highly desirable location and unique style and design. The house is based on traditional Japanese architecture and includes 10 buildings, some of which are a man made lake that sits below the home, a tea house, and a bath house.
5. Blossom Estate (Palm Beach, FL)
This beachfront property is in the neighborhood of many other million dollar homes, but none compare to the beautiful space created by owner Ken Griffin’s property management company. It is currently worth $4.1 billion and is unique because it includes four properties side by side that the owner consolidated to create one giant area.
6. Xanadu 2.0 (Seattle, WA)
This home is owned by one of the most familiar household names in America — Bill Gates. At $67 billion dollars, it’s worth a lot of money and the Gates family personalized it with high tech pools, gyms, and other amenities that can’t be found anywhere else in the world. This tech savvy house is perfect for one of the world’s most accomplished technology experts. Helpful research also found here.