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An extravagant Florida mansion that's modeled after the Palace of Versailles sold at auction for a $100 million price cut - here's a look inside

Katie Canales   

An extravagant Florida mansion that's modeled after the Palace of Versailles sold at auction for a $100 million price cut - here's a look inside
Thelife1 min read

playa vista isle florida mansion 67

Courtesy of Concierge Auctions

Playa Vista Isle was the most expensive US home in 2015 and was sold in November 2018. It sold for $42.5 million at auction - $100 million less than its asking price.

  • One of the most expensive homes to ever land on the market in the US sold in November 2018.
  • Playa Vista Isle, formerly Le Palais Royal, is in Hillsboro Beach, Florida, on the ritzy "Millionaire's Mile" between the Atlantic Ocean and the Intracoastal Waterway.
  • Property records show it sold for $42.5 million at auction, over $100 million less than its asking price of $159 million.
  • According to a press release from Concierge Auctions, it still set a record as the most expensive US home ever sold at auction.

Imagine waking up in a 30,000-square-foot French-inspired chateau on the calm Atlantic shores of Florida.

For the new owners of Playa Vista Isle, that's more of a reality than a dream.

Once the most expensive home in the country, Playa Vista Isle, in Hillsboro Beach sold in November 2018 after a bidding war amongst 11 buyers. According to property records, it sold for $42.5 million, more than $100 million less than its asking price of $159 million. Still, the sale price reportedly broke a record as the highest a US home has sold for at auction.

Property records also show the buyer is Oppornova LLC, a Delaware-based company affiliated with Andrew Mack, co-founder of tea company Teavana, which was acquired by Starbucks in 2012.

The mansion holds 11 bedrooms, 22 bathrooms, and $3 million worth of 22-karat gold leafing. It was modeled after the Palace of Versailles and is essentially the mega-mansion of your French royalty dreams.

Take a look around the home and its expansive property.

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