Wednesday, May 17, 2006

How Much Home Does $75 Million Buy?

Author: Nick
Category: Money
Topics:

no water park here

We’ve talked before about what kind of home $300,000 will buy you in various parts of the country, but one home up for sale in Corona Del Mar, California, would run you that much just for a single month’s mortgage interest.

You can check out the MLS listing yourself, but it leaves out some of the best parts:

The estate features a car museum, entertainment complex, gymnasium and mini water park.

If the home sells for its asking price, it will steal the record for the single most expensive home sale in the country from a $70 million Palm Beach estate. In any case, somewhere in California there’s a real estate agent who’s getting ready for an early retirement.

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