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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

Jan 30, 2019, 21:05 IST

Courtesy of Concierge Auctions

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  • 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.

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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.

Welcome to Playa Vista Isle.

The 5-acre property sits in South Florida along the ritzy Hillsboro Beach's "Millionaire's Mile," named so for its air of wealth and exclusivity.

Source: Sun Sentinel, Playa Vista Isle

The estate is shouldered by the Atlantic Ocean on one side and the Intracoastal Waterway on the other. It comes with private boating docks ...

Source: Playa Vista Isle

... as well as 500 feet of uninterrupted ocean views and private beachfront.

Source: Playa Vista Isle

The estate first popped up in 2014 — while it was still under construction — for $139 million. It was listed on the market for a year unfinished.

Source: Miami Curbed, Business Insider

It was modeled after France's Palace of Versailles, which features the same ornate architectural design.

Source: Miami Curbed

Playa Vista Isle was originally dubbed Le Palais Royal, or The Royal Palace.

Source: Business Insider

It's since seen a name change, additional construction, and a $20 million price hike ...

Source: Business Insider

... and as of November 2018 has a new owner since its previous owner, construction titan Robert Pereira, bowed out of the estate.

Source: Business Insider

Past the gold-plated gates is a pristine elevated driveway ...

... which encircles a water fountain ...

... and leads right up to the home's grand entrance.

The doors are embossed with 22-karat gold and are 12 feet high.

Source: Playa Vista Isle

Mosaics stand to the side of the doors and depict the four seasons of the year.

Source: Playa Vista Isle

Through the doors is a grand foyer and a staircase crafted out of imported South African marble.

Source: Business Insider

The entryway is beset with 22-karat gold, which is also featured throughout the home.

Source: Business Insider

The staircase alone cost $2 million to craft.

Source: Business Insider

Through the foyer is a seating area.

The glass windows span floor to ceiling and are retractable.

Source: Playa Vista Isle

The main seating area opens up to one of the many dining tables.

The crown molding is also gilded in 22-karat gold.

Source: Playa Vista Isle

A family room is lined in mahogany and holds a saltwater aquarium with a 3D TV.

Source: Business Insider, Playa Vista Isle

The formal dining room can fit 16 guests.

Source: Playa Vista Isle

Its domed ceiling boasts a majestic, heavenly painting.

And its doors open up to the sea breeze from the ocean.

The kitchen is on the main level as well.

It features mahogany cabinets and gold leaf gilding.

Source: Business Insider

An eating nook is nearby.

Right off the staircase on the upper level is the library ...

Source: Playa Vista Isle

... as is one of three master bedrooms.

Source: Business Insider

The entire south wing is designated for the master suite. The guest rooms are on the opposite side.

Source: Playa Vista Isle

There are multiple master bathrooms as well ...

Source: Playa Vista Isle

... which boast considerable amounts of vanity space.

Each bathroom features a round Jacuzzi tub ...

Source: Business Insider

... and the showers have seats and rainfall showerheads.

Source: Business Insider

The master suite has a private parlor, which offers even more extraordinary views of the ocean.

Source: Playa Vista Isle

There's a workspace as well, though it's a wonder anyone could get any work done here.

And the wine cellar downstairs? It's protected by biometric security — meaning only those registered with the system can access the 3,000-bottle room.

Source: Playa Vista Isle

The home theater boasts the world's first residential 3D IMAX theater and fits 18 guests.

Source: Business Insider

Another salon can be found on the lower level ...

Source: Playa Vista Isle

... and just beyond its doors sits the estate's outdoor paradise.

An elevated sky bridge connects the master suite ...

Source: Playa Vista Isle

... to the 4,500-square-foot pool outside, which includes a water slide ...

Source: Business Insider

... and a variety of waterfalls ...

... in different arrangements.

A spa with a glass bottom sits 40 feet above ground level.

Source: Playa Vista Isle

And a putting green sits yards from the pool.

Source: Business Insider

There's an underground garage (not pictured) with a controllable climate that can be accessed by a secured tunnel and can fit up to 20 vehicles.

Source: Playa Vista Isle

A 2-acre undeveloped lot is also included; the buyer can do with it as they please.

Source: Playa Vista Isle

Initial plans were to use the lot for two guest houses, a go-kart track, an ice rink, a bowling alley, and a night club.

Source: Business Insider

But those amenities were never added on — as if the estate needed any more bells and whistles.

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