Most Expensive House in the World
Aerial video of 78430 Louveciennes, France
This is a mansion home called Château Louis XIV, modeled after antiquity, and is currently the most expensive mansion in the world. It was sold in December 2015, according to Bloomberg Business, to an unnamed Middle Eastern buyer for a world record home price of $301 million – making it the world’s priciest luxury home ever. The Château Louis XIV is a mansion home constructed between 2008 and 2011 in the commune of Louveciennes in the Yvelines department of Paris in France. The city’s landmarks include the Louvre, home to da Vinci’s “Mona Lisa,” the iconic Eiffel Tower and Gothic Notre-Dame Cathedral. Outside Paris, there are forests, grand châteaux and farms, including dairies that produce milk for Brie.
To give you an idea how much $300 million is, that is about $1 for every person in the United States. That also makes this a third of a billion dollar home. Will we ever get a billion dollar home? Probably within the next 5 years we will see a house that is very close. Developers are already planning half a billion dollar homes.
The chateau was built by the property developer, Emad Khashoggi’s company COGEMAD, using traditional craftsmanship techniques and materials. Located between Versailles and 57-acre walled site, the property is surrounded by moats and has 53,800 of living space square footage. The Chateau Louis XIV was built on the site of the former Chateau du Camp in Louveciennes, with the aim of building a modern house with a 17th-century aspect, layout, and materials. On display in the château’s Garden à la française is a stone-sculpted reproduction of the Chariot of Apollo from the fountain in Versailles.
The previous most expensive home record was set when a penthouse in London sold for about $221 million in 2011, Christie’s International said in September. Russian billionaire Mikhail Prokhorov lost a 10 percent down payment on a 390 million-euro villa in southern France after the millionaire failed to complete the purchase, a court ruled in 2010.
“With elegantly planted parterres, a gleaming gold-leafed fountain, an infinite array of flowers, marble statues, bridle paths and a hedged labyrinth, the property’s park and gardens evoke the genius of Le Notre, ” Cogemad said on its website, referring to the King Louis XIV of France.
You may remember Kim Kardashian visited the most expensive mansion last year in April, as a tour for wedding locations.
- 50,000 square feet
- 30,000 cubic feet of limestone
- 56 acre walled estate between Versailles and Marly-le-Roi
- Video (in French) on Mansion-Homes.com
- Price: $301,000,000