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A peek inside Florida’s lavish ‘Palace of Versailles’, which sold for US$115 million less than its asking price

STORYBusiness Insider
Playa Vista Isle, once the most expensive home in the United States, which was sold at auction in November 2018 for US$42.5 million. Photo: Concierge Auctions
Playa Vista Isle, once the most expensive home in the United States, which was sold at auction in November 2018 for US$42.5 million. Photo: Concierge Auctions
International Property

  • The 30,000-square-foot, 11-bedroom home – full of 22-carat gold-leaf fittings – was bought at auction for US$42.5 million

Imagine waking up in a 30,000-square-foot (2,800-square-metre) French-inspired chateau on the calm Atlantic shores of Florida.

For the new owners of Playa Vista Isle, that is more of a reality than a dream.

Once the most expensive home in the United States, Playa Vista Isle, in Hillsboro Beach, was sold in November 2018 after a bidding war between 11 would-be buyers.

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According to property records, it sold for US$42.5 million, more than US$100 million less than its asking price of US$159 million.

A peek inside the US$6 million floating home that can withstand a hurricane

Still, the sale price reportedly broke a record as the highest price ever paid for a US home sold at auction.

Property records also show the buyer is Oppornova, a Delaware-based company affiliated with Andrew Mack, co-founder of the tea company Teavana, which was acquired by Starbucks in 2012.

The mansion has 11 bedrooms, 22 bathrooms and features fittings containing US$3 million worth of 22-carat gold leaf.

It was modelled on the Palace of Versailles and is essentially the mega-mansion of your French royalty dreams.

Check out the home and its expansive grounds

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