U.S. Luxury Property Records - 2007

1) Luxury Property Record - $175 Million - San Luis Valley, Colorado 

* LuxuryProperty.com Property of the Year*

Louis Moore Bacon recently purchased the 171,400-acre Trinchera Ranch from the Forbes Family. The Trinchera Ranch is the largest privately owned ranch in Colorado. The property has five homes and a Western-style lodge with 16 bedrooms.

2) Residential Record - $103 Million - East Hampton, New York

Ron Baron shattered the U.S. residential real estate record by paying $103 million for a 40-acre tear-down property earlier this year.

3) Apartment Record - $60 Million - Manhattan, New York

Developer Harry Macklowe’s purchased an entire Plaza Hotel floor (minus one apartment) setting a new price-per-square-foot record. - $6,287 per interior square foot .

4) Better Luck Next Time - $135 Million -Aspen, Colorado Saudi Arabia’s former ambassador to the United States just took his 90-acre Hala Ranch off the market. With the new record firmly entrenched, it looks like some remodeling and building are in order before the next record breaking attempt.

Via: Forbes, Luxury Insights, New York Post, MSNBC