Versailles-Inspired Palatial Mansion in Hillsboro Beach Heads to Auction Posted on October 4, 2018 by Michael Light After several years of sitting on the market for sale as one of the highest-priced residential listings in the country, the famed Versailles-inspired palatial mansion in Hillsboro Beach heads to auction with no reserve price. The over-the-top 60,000-square-foot estate known as ‘Le Palais Royal’ or “Playa Vista Isle” was first listed for sale in 2014 for a whopping $139 Million, but only a year later the price was actually raised to $159 Million before being taken off the market completely in 2016. After nearly 2 years of being off market, Le Palais Royal is heading to auction to be sold to the highest bidder. The auction will be handled by Concierge Auctions and will commence on November 12th and end on November 15th. Currently, the auction is scheduled with no reserve price, which means that the auction does not require a bidder to bid higher than a minimum price for the transaction to be complete, essentially it means that the home would be sold to the highest bidder. Le Palais Royal Designed by Miami-based architect Denio Madera, the beyond lavish mansion was inspired by the Palace of Versailles and other European royal palaces, hence the 22-karate gold leaf speckled throughout, and features 11 bedrooms, 22 bathrooms, a $2 Million marble staircase, a private 18-seat IMAX home theater with a 50-foot-wide screen, a 30-car garage, putting green, multiple pools including a 4,500-square-foot infinity-edge pool, 6 fancy waterfalls and 2 deep water docks. The elaborate home also boasts a highly-sophisticated security system and was insulated with marble floors imported from South Africa to ensure complete soundproofing, specifically to mute the clacking of high heels. Le Palais Royal Le Palais Royal Foyer Le Palais Royal Great Room Le Palais Royal Dining Room Le Palais Royal Kitchen Le Palais Royal IMAX Private Theater If you, or someone you know, would like more information on Le Palais Royal, please contact Michael Light, Senior Director of Luxury Sales at Douglas Elliman Real Estate. You may reach Michael directly at (786) 566-1700 or michael@miamiluxuryhomes.com. Photo Source: ConciergeAuctions.com
The Country’s Most Expensive Home Hits the South Florida Market at $139 Million Posted on September 9, 2014 by Michael Light Le Palais Royal The most expensive residential listing in the United States just hit the market at $139 Million, right here in South Florida. The beyond luxurious palace dubbed Le Palais Royal is a 60,500 square foot home situated on 4.4 acres on Millionaires’ Mile in Hillsboro Beach which is north of Miami between Fort Lauderdale and Boca Raton. Le Palais Royal will be situated on 465 feet of beachfront land on the Atlantic Ocean and over 492 feet on the Intracoastal Waterway, according to the Wall Street Journal. Le Palais Royal Le Palais Royal $2 Million Marble Staircase Inspired by the Palace of Versailles and other European, royal palaces, Le Palais Royal has been extravagantly designed by Miami-based architect Denio Madera. The magnificent, South Florida palace boasts 11 bedrooms and 17 bathrooms and is surrounded by a fancy gate decorated with 22-karat gold leaf. The home features a $2 Million marble staircase, an 18-seat IMAX home theater with a 50-foot-wide screen and a garage that can accommodate up to 30 cars. The home also features a resort-style, 4,500 square foot, infinity-edge pool with a double-loop waterslide, a Presidential Suite with a plunge pool, jacuzzi and a private terrace and three master suites with private jacuzzis. Le Palais Royal Pools and Water Fountains The elaborate home was built to be entirely soundproof and was insulated with marble floors imported from South Africa specifically to mute the clacking of high heels, according to the Wall Street Journal. The home was also built with a highly-sophisticated security system. Listed at $139 Million, Le Palais Royal has topped the Beverly Hills, California home currently listed at $135 Million, making Le Palais Royal the most expensive mansion in the country. Le Palais Royal is expected to be completed by the end of 2015. South Florida is internationally known for its ultra-luxury, prestigious real estate, but Le Palais Royal takes the South Florida real estate market to a whole new level. If you, or someone you know, would like more information on Le Palais Royal or simply would like more information on the South Florida real estate market, please contact Michael Light of Miami Luxury Homes. You may reach me directly at my office at 305-350-9842, on my cell phone at 786-566-1700 or via email at michael@miamiluxuryhomes.com.