12 November 2015

America's most expensive home: Massive Florida estate

Inspired by the Palace of Versailles is now being sold for a whopping $159 million after the owner increased the price tag

  • Le Palais Royal is modeled after the famed Palace of Versailles in France and is roughly 60,500 square feet 
  • The mansion, located in Hillsboro Beach, Florida, is now being sold for a whopping $159 million after the owner first listed it in 2014 for $139 million before taking it off the market
  • It features six waterfalls, 11 bedrooms, a $2 million marble staircase and $3 million worth of gold leaf  

Modeled after the Palace of Versailles in France, this roughly 60,500-square-foot Florida mansion is America's most expensive home.
Le Palais Royal first went on sale in September 2014 for $139 million and was taken off the market about a year later, according to listing agent Mayi de la Vega of One Sotheby’s International Realty.
Located in Hillsboro Beach, Florida, Le Palais Royal, the homeowner has boosted the price for the property and is now asking for a whopping $159 million. 
The massive estate includes six waterfalls, one of them 25 feet tall, and a marble staircase that cost about $2 million to build. 

Massive: Le Palais Royal is modeled after the Palace of Versailles in France and is roughly 60,500 square feet. Above is a rendering of what the property is expected to look like once it is completed 
Massive: Le Palais Royal is modeled after the Palace of Versailles in France and is roughly 60,500 square feet. Above is a rendering of what the property is expected to look like once it is completed 

Lush: It first went on sale in September 2014 for $139 million and was taken off the market about a year later 
Lush: It first went on sale in September 2014 for $139 million and was taken off the market about a year later 

Expensive: Located in Hillsboro Beach, Florida, Le Palais Royal is now being sold for a whopping $159 million. Above is a rendering of the exterior of the property
Expensive: Located in Hillsboro Beach, Florida, Le Palais Royal is now being sold for a whopping $159 million. Above is a rendering of the exterior of the property

Pricey: The massive estate includes six waterfalls, one of them 25 feet tall, and a marble staircase that cost about $2 million to build
Pricey: The massive estate includes six waterfalls, one of them 25 feet tall, and a marble staircase that cost about $2 million to build

The main house has 11 bedrooms, and the master suite includes a heated plunge pool on the balcony. 
More than $3 million worth of gold leaf can be found throughout the elegant abode that also has an 18-seat IMAX home theater. 
It also features a 30-car subterranean garage, a wine cellar with room for about 3,000 bottles and a 1,300-gallon built in aquarium. 
Joseph Leone, the project manager who has overseen its construction, told The Wall Street Journal that the owner decided to take the main house off the market until it was closer to completion.
The homeowner also wanted it to include an adjacent one and a half acre lot, because the property needed more land and entertaining space than it previously had.  
The luxurious waterfront estate, which sits between the Atlantic Ocean and the Intracoastal Waterway, also has will feature two guesthouses and a subterranean entertainment complex. In total, the property is about four and a half acres large.

Golden: More than $3 million worth of gold leaf can be found throughout the  abode on fixtures such as the waterfall pictured above
Golden: More than $3 million worth of gold leaf can be found throughout the abode on fixtures such as the waterfall pictured above

Rich: The luxurious waterfront estate, which sits between the Atlantic Ocean and the Intracoastal Waterway, is perfect for hosting a large amount of family and friends
Rich: The luxurious waterfront estate, which sits between the Atlantic Ocean and the Intracoastal Waterway, is perfect for hosting a large amount of family and friends

Lavish: The main house on the property is nearly complete after taking about seven years to design and construct
Lavish: The main house on the property is nearly complete after taking about seven years to design and construct

Fancy: The main house has 11 bedrooms, and the master suite includes a heated plunge pool on the balcony
Fancy: The main house has 11 bedrooms, and the master suite includes a heated plunge pool on the balcony

The two guesthouses that the owner is building on the smaller lot will measure about 3,000 square feet each and they will share a pool. 
The entertainment complex will be built beneath the area and will include an ice-skating rink, a nightclub, a bowling alley and a go-kart race track. 
Outside of the enjoyable home, a 4,500-square-foot infinity pool has a swim-up bar and water slide. Also outside, a glass-bottomed hot tub is suspended above the deluxe pool. 
An outdoor kitchen with a pizza oven, a putting green and two boat docks on the Intracoastal Waterway can also be found on the upscale property.

Elegance: The elegant abode, which also has an 18-seat IMAX home theater, sits on about four and a half acres of property
Elegance: The elegant abode, which also has an 18-seat IMAX home theater, sits on about four and a half acres of property

Details: The owner of the property decided to take the main house off the market until it was closer to completion. Above one of the home's luxurious kitchens is pictured
Details: The owner of the property decided to take the main house off the market until it was closer to completion. Above one of the home's luxurious kitchens is pictured

Swanky: Natural light can be found pouring in throughout the mansion, as pictured above in one of its bathrooms 
Swanky: Natural light can be found pouring in throughout the mansion, as pictured above in one of its bathrooms 

Custom: The expensive abode is designed with custom plaster moldings, as pictured in one of many rooms in the house above
Custom: The expensive abode is designed with custom plaster moldings, as pictured in one of many rooms in the house above

Leone told the Journal that the construction on this second phase of the property will be finished in about two years. He also shared that the total cost of building the lush estate is well over $100 million. 
Robert Pereira, the founder of Middlesex Corporation, a Massachusetts-based construction company that also has office in Florida, is the property owner. 
He initially planned to live in the massive home, but has decided against it for unknown reasons, the Journal reported. 
The huge estate has been under design and construction for about seven years. Leone told the Journal that the goal was to create 'something completely different than what's been done in America.'

Pleasant: Outside of the enjoyable home, a 4,500-square-foot infinity pool has a swim-up bar and water slide that family and friends can enjoy in the warm weather Florida is known for
Pleasant: Outside of the enjoyable home, a 4,500-square-foot infinity pool has a swim-up bar and water slide that family and friends can enjoy in the warm weather Florida is known for

The two guesthouses that the owner is building on the smaller lot will measure about 3,000 square feet each and they will share a pool
The two guesthouses that the owner is building on the smaller lot will measure about 3,000 square feet each and they will share a pool

The entertainment complex will be built beneath the guesthouses and will include an ice-skating rink, a nightclub, a bowling alley and a go-kart race track, as pictured in the rendering above
The entertainment complex will be built beneath the guesthouses and will include an ice-skating rink, a nightclub, a bowling alley and a go-kart race track, as pictured in the rendering above

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