Matthew Slutsky
January 20, 2010

While many US homes have declined in value as a result of the real estate crash, there continue to be luxury estates that command uber-luxury prices. Examples include Tranquility, Albemarie House and Le Belvedere which have price tags in the $72 million (US!) or more range.

According to The Street:

“, an online real-estate marketplace, tallied its most expensive property listings. Topping the list was Tranquility, a $100 million Northern European-inspired mountain estate overlooking Lake Tahoe. Encompassing 210 acres, the 10,000-square-foot home is owned by Joel Horowitz, co-founder of Tommy Hilfiger.”

What allows for such homes to command such a price tag?? Of course, the largest landholding in Lake Tahoe, with a lake filled with trout, but also:

“An underground passageway leads to the conservatory and an indoor glass mosaic swimming pool that overlooks the lake. There is a guest residence, an art studio, a boathouse, a gymnasium with a full basketball court, a 19-seat home theater, a 3,200-bottle wine cellar, 11 fireplaces, 16 garages and its own two-hole golf course.”

Sounds nice! Check out The Street and for some other amazing properties… although a few million bucks shy of $100,000,000. And, I thought my 2bd+d in downtown Toronto was expensive.

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