For 99.9999 percent of us, we can’t even imagine what it would be like to have $100 million to spend on a house. But, according to Forbes, exclusive real estate listings in this price range are becoming, well, less rare, as the market has recently picked up for America’s most expensive homes.
According to Coldwell Banker’s luxury market report, many of these properties reside in the same few zip codes: New York, Beverly Hills, Aspen and Montecito, but surprisingly a few of the country’s highest priced abodes are in less conspicuous locations, such as the Broken O Ranch just west of Great Falls, Montana, which recently had an asking price of $132,500,000.
Jonathan Miller, chief executive of New York real estate appraisal firm Miller Samuel, Inc told Forbes, “It is something that’s come of age in the past two years in response to global economic turmoil, where wealthy individuals are looking for ways to invest, and ultra-high-end real estate seems to be the asset of choice.” And there is nothing conservative about these acquisitions. Some are palatial estates well over 10,000 square feet with amenities like ballrooms that fit 200 guests, 50-seat home theaters and regulation-sized athletic facilities. Then there are the penthouse spreads with private elevators and terraces with jaw-dropping views.
Want to see what a $100 million home looks like? We’ve rounded up ten in the slideshow below. • The Penthouse at The Pierre Hotel $125 million New York, New York Listed by: Sotheby’s Homes • Miami Beach Residence $100 million Miami Beach, Florida Listed by: Realtor.com • DeGuine Estate & Lands $100 million Hillsborough, California Listed by: Sotheby’s International Realty • Midtown Duplex $115 million New York, New York Listed by: Corcoran Group • Carlwood Drive Residence $125 million Los Angeles, California Realty Executives International • Silicon Valley Mansion $117.5 million Woodside, California AOL Real Estate • Maison de l’Amitié $125 million Palm Beach, Floriday Wall Street Journal • Broken O Ranch Land $132.5 million Montana SOLD by: Swan Land Company • Crespi Hicks Estate $135 million Dallas, Texas • Oprah Winfrey’s Promised Land $50 million Montecito, California CORRECTION: This previously stated that the home was valued at $2.7 billion. This is Oprah Winfrey’s net worth.