New Florida Mansion Modeled On Palace Of Versailles
Even in South Florida, where home prices are up over 20 percent since 2013, $139 million is a lot of money for a mansion. That is the price tag on the most expensive home currently for sale in the United States. Le Palais Royal is now under construction on the Atlantic Ocean beach in Florida.
Modeled after the Palace of Versailles, the massive structure over 60,000 square feet with an entry gate decorated with 22-karat gold leaf and a $2 million staircase is nearing completion in tiny Hillsboro Beach. Located between Boca Raton's 1920's walled estate compounds and a long corridor of 1970's Pompano Beach condos, Hillsboro is a one-mile stretch of the super rich and their mega mansions with the Atlantic Ocean in their backyards and giant yachts parked in the front yards at the Intracoastal Waterway. Locals refer to it as the Magnificent Mile.
As the second Palace of Versailles inspired mansion in Florida, the first located in Windermere, near Orlando, Le Palais Royal is on over four acres between 465 feet of Atlantic Ocean beachfront and 492 feet of the Intracoastal built on top of hundreds of 150-foot underground pilings with poured concrete walls and roof. It’s a quiet haven of peace where even the marble floors have soundproof insulation to dispel the annoying sound of high heels clacking across the hard surface. Plenty of room for guests with a 30-car subterranean garage and 11 bedrooms which include three master suites and a presidential room with a plunge pool on its outdoor terrace.
Entertainment and plenty of outdoor activities are only steps away with a putting green, a 26-foot, three-tier fountain, a 4,500-square-foot infinity pool, LED-lit double-loop waterslide and a glass-bottomed Jacuzzi suspended over the swimming pool. The mansion even has a 180-seat IMAX home theater with a 50-foot-wide screen. Some of the world’s best deep-sea fishing and the Florida Coral Reef are just minutes away by boat via the home’s private dock to the Hillsboro Inlet at the picturesque Hillsboro Lighthouse.
While the original Versailles took the French almost 50 years to build, the Hillsboro Beach model began construction in 2009, near the low point of the housing market bust. Completion is on track for 2015. The owner has recently had a new yacht built and has decided he would rather travel the seas than be land bound, so Florida’s newest “palace,” with the highest asking price in the country is now on the market at $139 million.
Le Palais Royal, a Beaux Arts Florida mansion modeled after the Palace of Versailles with completion date set for 2015, is the most expensive residence for sale in the United States. Priced at $139 million, the listing agency is Coldwell Banker Residential Real Estate in Miami Beach, Florida.