Huge mansions in US...post pictures or web links | Page 12 | FerrariChat

Huge mansions in US...post pictures or web links

Discussion in 'Creative Arts' started by vipermann123, May 30, 2008.

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  1. modena1_2003

    modena1_2003 F1 Rookie

    Aug 17, 2005
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    Jon
    Because the house was goofy as hell. Amazing, yes, but more like a mall than a home. Very much in the lime light of real estate and architecture junkies, though. $75M was a stupid amount of money for the home to begin with, that's why the thing stayed on the market forever.

    A fancy roof doesn't warrant $75M. Even though $35M is hard to wrap my mind around, I can almost accept that considering the area, and the home's features.
     
  2. modena1_2003

    modena1_2003 F1 Rookie

    Aug 17, 2005
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    Jon
    ...or social workers, police men, fire fighters.... wow, are our priorities ****ed.
     
  3. bounty

    bounty F1 Veteran

    Feb 18, 2006
    7,769
    San Diego, CA
    I would think that people with 75 million to spend on a house would want to design and build it to their own specs, no?
     
  4. BMW.SauberF1Team

    BMW.SauberF1Team F1 World Champ

    Dec 4, 2004
    14,425
    FL
    Probably, but if there isn't any open land available, I guess they rather buy something already made. Unless they want to buy adjacent lots and knock down the other homes (the original owners of that $75mm place did that I think). Others probably don't want the hassle of building something and waiting years.
     
  5. amenasce

    amenasce Three Time F1 World Champ
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    Oct 17, 2001
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    Joe Mansion
    Maybe..but some wouldnt want to wait 2/3 years to get it done.
     
  6. nthfinity

    nthfinity F1 Veteran

    Mar 21, 2005
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    Isaac not Issac
    Personally, if I had the scratch, I would buy 1920-1930's estates. You could never match the level of craftsmanship, and longevity of the quality of construction IMO... and there is something about the style of the era that I really dig. Still it might take a year to make a mansion like those to modern standards. I wonder how many wifi-repeaters you would need for 30,000 sq. ft LOL
     
  7. b-mak

    b-mak F1 Veteran

    + 1
     
  8. ryalex

    ryalex Two Time F1 World Champ
    Consultant Owner

    Aug 6, 2003
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    Las Vegas, NV
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    +1 BUT you end up having to do extensive window, roof and insulation work to a house that old. Some of those old places can cost thousands per month in electricity alone.
     
  9. ryalex

    ryalex Two Time F1 World Champ
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    Aug 6, 2003
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    #284 ryalex, Apr 23, 2011
    Last edited: Apr 23, 2011
    NOT TRUE. While California has lower exemptions in Nevada, planned right you can keep several million in personal property and still file for chapter 7. Further, this makes it sound like you lose everything, when in fact cars and homes that are still secured by debts are not going to be bothered unless you have equity over the exemption limits. For example, Nevada's home equity exemption is $550,000 - I have a business owning couple keeping a $1.4mm home through their Ch7 and their mortgage is about $1m. Even if you do have too much equity, you can usually negotiate a settlement amount with the trustees. I haven't had anyone lose a business that they wanted to keep either.

    What you can't keep around here are paid off motorcycles, boats, RVs, ATVs or timeshares over $2k in value. Even then, as I mentioned, the trustee will often settle by trading a tax refund or some cash instead of auctioning the vehicle.
     
  10. nthfinity

    nthfinity F1 Veteran

    Mar 21, 2005
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    #285 nthfinity, Jun 30, 2011
    Last edited by a moderator: Sep 7, 2017
  11. the_stig

    the_stig F1 Rookie

    Sep 19, 2005
    3,497
    All I can think of is a line from a movie: "if people are going to have money they should at least be taught how to spend it".
     
  12. willcrook

    willcrook F1 Rookie
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    Feb 3, 2009
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    UK
    I'd need more friends if I lived there!
     
  13. yoda

    yoda F1 Rookie

    Sep 27, 2004
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    UT
  14. nthfinity

    nthfinity F1 Veteran

    Mar 21, 2005
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    Isaac not Issac
    The owner has a lot of friends :) Still sometime before the 'grand opening' party will happen.
     
  15. I.T. Guy

    I.T. Guy F1 World Champ

    Jul 17, 2004
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    #290 I.T. Guy, Jul 16, 2011
    Last edited: Jul 16, 2011
    Many like myself can't see the finished concept in our heads to be sure enough about it to go ahead. I've always had to buy used because I have to physically walk through and feel everything. I lack the brainpower and mental capacity to look at a plot of land and trust the architect that everything will be perfect - position, sun, trees, views, etc. Never mind interior layout etc etc etc all of which I can grasp and fall in love with in 30 seconds in "real life".

    So if I ever win $500,000,000 I'll be still shopping used. :)
     
  16. BMW.SauberF1Team

    BMW.SauberF1Team F1 World Champ

    Dec 4, 2004
    14,425
    FL
  17. PaulK

    PaulK F1 Rookie
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  18. S Brake

    S Brake F1 World Champ

    Aug 3, 2006
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    Utah
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  19. jsa330

    jsa330 F1 World Champ
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    +100

    They knew how to do it in those days. That level of design and craftsmanship can yet be had at present, at a price (think $500/sq.ft. to get it basically right, then up from there)

    With the dough in hand, I'd look for a really fine old place in original or semi-original condition, clean up, repair, and paint as needed, bring electrical and related stuff up to code, install up to date HVAC, cable/internet network and security system, and move in.
     
  20. skipgt4

    skipgt4 Formula Junior

    Nov 3, 2003
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    GR Michigan
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    Charles VDB
  21. rdefabri

    rdefabri Three Time F1 World Champ

    Jun 4, 2008
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    #296 rdefabri, Dec 6, 2011
    Last edited: Dec 6, 2011
  22. nathandarby67

    nathandarby67 F1 Veteran
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    Feb 1, 2005
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  23. vipermann123

    vipermann123 Formula 3

    Jun 13, 2005
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    Irvine, Ca
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    Uzy Malik
    Auction set for bankrupt Newport mega-mansion

    http://www.ocregister.com/articles/auction-348539-bankruptcy-newport.html?pic=1

    See above Article.....


    After more than two years of trying unsuccessfully to sell the estate formerly known as Villa del Lago, partners in One Pelican Hill LLC got the bankruptcy court's permission to auction the property off on April 26. Live bidding will take place at Pelican Hill Resort, with bidders watching an online simulcast also taking part.
     
  24. 355lvr

    355lvr Rookie

    May 5, 2006
    48
    1) maps.bing.com

    2) "fairfield pond ny"

    3) Bird's Eye View

    4) GAWK!!!
     
  25. agup48

    agup48 Two Time F1 World Champ

    Apr 15, 2006
    28,633
    Phoenix
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    Oh my! WOW!

    From Google: Considered as the largest residential compound in America. It is worth a $170 million with 27 bedrooms, a bowling alley, 5 sports courts, and a $150,000 hot tub. This is the home of a billionaire named Ira Rennert.
     

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