I read a really fun article in Forbes called “The Era of the $100 Million House” by Morgan Brennan Click here for the article
The article discusses the rise of $100 million homes for sale around the United States. Here are some qualities shared by these mega estates:
- Location. The home must be in an expensive zip code. Beverly Hills, Hillsborough, New York City, Miami, and Dallas all have listings in excess of $100 million.
- Size. The homes are typically larger than 10,000 square feet.
- Amenities. If you can conceive it, you can achieve it, given a large budget. These homes have amenities such as ballrooms, 50-seat home theaters, private nightclubs, spas, and tennis courts.
- Pedigree. Previous ownership by a famous person or if the home was the site of a famous event, is helpful.
We have a few such homes listed for sale right now in Park City. The Huntsman Estate, the Ski Magazine Dream home and the home of a very famous producer are all located in Deer Valley® Resort and available for under $50 million. Wow, what a deal!