May 25, 2010
The 'largest family home in America' is now for sale
Although not yet finished, the "largest family home in America" is now for sale in southwest Orange County, with an asking price of $75 million.
Time-share mogul avid Siegel and his wife, Jacqueline, have put the 13-bedroom, 23-bathroom mansion on Lake Butler on the market reports the Orlando Sentinel.
The couple, who dubbed the residence "Versailles," after the French palace that inspired it.
The 90,000-square-foot house - 66,800 square feet of which is heated and air-conditioned, according to the real estate listing - was announced by the Siegels in 2003 but is still 12 to 18 months from completion, reports the Orlando Sentinel.
Versailles boasts a 20-car garage and a commercial-grade kitchen with a hibachi grill that seats 12 diners. It has a 7,200-square-foot grand hall capped by a 30-foot-wide, stained-glass dome that took three years to build by hand. The property includes 1.4 miles of lakeshore. And while a palace fit for a king, it was also designed with Siegel's eight children in mind, for it includes a two-lane bowling alley, roller rink, arcade and children's theater.
Still, $75 million is not an unheard-of price in Florida's luxury-home circles: A Russian billionaire snapped up Donald Trump's Palm Beach mansion in 2008 for $95 million - or $30 million less than the asking price. Earlier that same year, another South Florida property, owned by philanthropist Sidney Kimmel, was bought for $77.5 million by a former Goldman Sachs partner, reports the Orlando Sentinel.
Guess the only green factor the buyer of this abode will be concerned about is the color of money.