In Portland, there are three homes listed over $5,000,000 but all are under $6,000,000. In the Bay Area, the most expensive home on the market award goes to Locksley Hall in Belvedere. Asking price? Just $65,000,000!
From the International Herald Tribune:
“If buyers like views, they will come here to Marin,” said Olivia Hsu Decker of Decker Bullock, the agency handling the sale of Locksley Hall. “Part of the value of this property is the rare view.”
Equally breathtaking, however, is the estate’s restoration, which took 10 years and cost $35 million. The work incorporated fine materials from around the world: teak from Burma, Indonesian stone, Carrara marble, African mahogany, silk wallpaper from Asia and chandeliers of Venetian glass.
More than $8 million was spent on the landscaping alone. The site, covering 1.2 acres, or half a hectare, was terraced and then planted with Japanese maples, magnolia, pines and fruit trees. Stone taken from Chinese villages along the Yangtze River before they were submerged by the Three Gorges Dam were used to create the patio.
… Still, Decker acknowledged, Locksley Hall’s asking price might be a little inflated, as the estate has been on the market for more than a year.
The artilce is from 2006; the home was featured on last night’s local news. It is still on the market.