First $100 Million Home Sale in US History
Posted by Brian Sims on Saturday, April 2nd, 2011 at 1:27pm.For the first time in US History, a single family home sold this week for a record $100 million! While most of us will never purchase a home of this value, it's a good excuse to stop and dream a little.
So what exactly does $100 million buy? How about 25,500 square feet of luxury living space on 18 acres of perfectly manicured land overlooking the San Francisco Bay. Include a couple of swimming pools, a personal spa, your own ballroom and you are off to a good start. Below is a picture, courtesy of the Wall Street Journal.
Russian billionaire, Yuri Milner is the lucky new home owner and interestingly even he took out a mortgage to the tune of $50 million. Apparently, even billionaires think the interest rates are good right now.
Now back to reality. Are you in the market to buy your dream home and looking for a great deal? Please give one of our Hirsh Real Estate Specialists a call. We would love to help you take advantage of this unprecedented market.
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