HOUSE OF THE DAY: Billionaire Jon Huntsman Sr. Cuts Another $10 Million Off The Price Of His Awesome Utah Ski Chalet
May 30, 2014, 20:04 IST
This beautiful Park City, Utah log cabin belongs to the billionaire father of onetime presidential hopeful Jon Huntsman.
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But Jon Huntsman Sr., founder of Huntsman Corp. and a major philanthropist, is having a tough time unloading the property, which first hit the market in 2009 with a $55 million asking price.
He's now lowered the price on the 12-bedroom, 22,000-square-foot "chalet" to $34 million, according to The Wall Street Journal.
"I went a little bit overboard when I built the thing, I have to admit," Huntsman told The WSJ.
The home, which overlooks Deer Valley, is no ordinary log cabin. It sits on 60 acres of land and has an indoor pool, a dining room that seats 20, a fitness center, room for 28 cars, and a library.
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Meredith Galante contributed to this story.