The Race to Sell the Most Expensive Home

September 2, 2007

It might seem foolish given the recent news from Wall Street, but a group of homeowners is holding firm on an ambitious goal — to break the record for the most expensive home sale in American history.
                          The price to beat is $103 million.
Two years ago, at the peak of the real-estate boom, only a handful of homes in the
U.S. had ever been listed for $75 million, let alone $100 million. Even the highest residential sale to date — investor Ron Baron’s $103 million purchase earlier this year of a 40-acre compound in East Hampton, N.Y. — was never publicly listed. The deal was so secret that the brokers weren’t named. More 

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