Mega-Mansions to start selling again? Most expensive properties in the U.S

Following Donald Trump’s sale of his luxury Palm beach mansion as the most expensive knock-down in the history of knock-downs, I wonder if this bears good tidings for the other mega-priced mansions currently still on sale in the U.S?

Despite a price drop of $25million, the sale price was still a substantial one for a piece of luxury real estate in Florida, and there are several other mansions still available in this price range.

Top of the price list is still the Hearst Mansion

Once owned by William Randolf Hearst, the Jacobean Manor house on 40 acres in San Simeon, California, this property is available for $165 million. I don’t think this one bears knocking down though.

The Hearst Mansion was originally constructed on a 40,000 acre ranch that William Randolph Hearst’s father, George Hearst, purchased in 1865. Hearst jnr grew to love this site during many childhood family camping trips. He inherited the ranch, which had grown to 250,000 acres from his mother, Phoebe Apperson Hearst, upon her death in 1919. He began building that year and continued through to 1947, when he stopped living at the estate due to ill health. San Francisco architect Julia Morgan designed most of the buildings. Hearst was never 100% satisfied and would tear down structures and rebuild them at a whim, so the estate was never completed in his lifetime. Containing 56 bedrooms, 61 bathrooms, 19 sitting rooms, 127 acres of gardens, indoor and outdoor swimming pools, tennis courts, a movie theater, an airfield, and the world’s largest private zoo. Zebras and other exotic animals still roam the grounds. Morgan, an accomplished civil engineer, devised a gravity-based water delivery system from a nearby mountain. One highlight of the estate is the Neptune Pool, which features an expansive vista of the mountains, ocean and the main house.

Photo Credit - Jim Epler

A little further down the price scale, the Portabello estate, a 30,000 square feet property in Corona Del Mar still begs to be knocked down and turned into something a little more attractive. Even with 8 bedrooms and an “interesting,” design, the proximity of a busy road and public beach make this one unlikely to reach it’s current $75 million price tag. The real estate agents have also gone to the touble of creating a website entireley devoted to the Portabello estate. And the luxury brokers, have even made a special aerial shot of the property with a big red arrow pointing out the “interesting,” design – just in case you failed to see it. Although, if that is the case, I doubt you will be able to appreciate the view :)

Jumping back up the price scale again is the Tranquility mansion, Lake Tahoe.

Situated on the tax-free side of the lake, “Tranquility,” sits on 210 acres of prime real estate. The main house covers more than 20,000 square feet and is built in the California-Faux-Northern-European-mansion style. 9 bedrooms, 14 full bathrooms and a 3,000+ bottle wine cellar with a bronze carved door that was previously owned by none other than William Randolph Hearst. Small world. Currently owned by Joel Horowitz, co-founder of Tommy Hilfiger we will see if Mr. Trump’s sales success will be followed by any of these in the near future.

With or without the 20% discount? Comments welcome.

Comments (15)

  1. Warren B says:

    i dont think 75 mil in corona del mar is worth it. the realtor should get a clue, if it is not sold in a couple of months the price is just too high. good luck to him tough but this will drain any ones account.

  2. Not going to argue with you Warren. It has been on the market for a while. And let’s face it – while the view may be good, that’s a lot of money to be living that close to a public road.

  3. Please do your homework before posting. The photos and descriptions in your post are of the HEARST CASTLE in San Simeon, which is owned by the state of California. The listing you refer to, the HEARST MANSION is in Beverly Hills, California, and was the home Hearst built for Marion Davies.

  4. i love jesus says:

    this is a satanic house where poeple are sacrificed

  5. Interesting – I had not heard that – But let’s face it – even Jesus would agree there are just too many people around. :)

  6. I’ve seen the Zebras still roaming by Hearst castle. It’s a wild scene. Beautiful area.

    Jeffs last blog post..Great Restaurant – Bistro One

  7. traveller says:

    The pictures and description that you have posted about the “Hearst Mansion” are actually of the Hearst Castle which is a national landmark and is owned by the state of california. It is not for sale nor will it ever be for sale. But I am sure that it is worth quite a handsome amount.

  8. About the lake you mentioned beside the resorts and all,it’s all happy with that moment and also please mention about the timeshare rental and timeshare selling methods.

  9. Considering the asing price 25 million is not a large price drop! Also a good decision given the events of the las 12 months. I hope the Hearst property if sold will remain open to the public – went there 12 years ago and would like to return. It does have something special even eccentric – I would never want to buy it to live in but it is without doubt very interesting.

  10. is there a bum cleaner in this house cos i have many accidents

  11. These are incredible single dwelling properties, but there so many other insanely expensive ones where the house is perhaps not as large as these but the land is worth tons. For example Charles Koch (worth 19 Billon dollars) has 160 acres in the middle of the nicest area in Wichita, KS, so that land alone would be probably 50 million or so…let alone his 3 houses on the property

  12. omgg i want the tranquility mansion ! good grades and hard work could get me there(=

  13. kate dekker says:

    lets not forget that just to have one of these mega mansions, you need cash just to maintain it. So the costs are well above the price to just buy it. Maintaining it could cost something like 20 percent of the total price…PER YEAR!
    So, to have a home like this, you need to have nearly double the amount in net worth. Because you dont want the cost of the house to drive you towards bankruptcy, for example.

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