This waterfront mansion on Hillsboro Beach recently sold at auction from a real estate agent. In this video, we’ll take you on a mansion tour and showcase the luxury life that this property can provide.
This gigantic mansion went to auction in 2019, and was just recently rebuilt. The new owner isn’t a person, but a company - Oppornova. However, this LLC has ties to Andrew T. Mack, the co-founded of Teavana. Mack sold Teavana to Starbucks in 2012 for over half a billion dollars, and will be the primary resident of this enormous home.
Modeled after the French palace of Versailles, this enormous mansion is decked out in white with gold trim. This is made immediately apparent by the gigantic golden gate fencing the property in, and the mansion only gets more grand from there. Even the fireplaces are white marble! At 30,000 square feet of interior space, the home is absolutely hug, and feels that way right as you enter. There’s a twin butterfly staircase in the foyer, and the stairs and floor are decked out with fanciful rugs. Above this are Michelangelo-esque paintings on the ceiling, lit up by a crystal chandelier. The home really does feel more like a palace than a home, with candelabras, more ceiling paintings (and Renaissance style paintings in general), fancy velvet chairs, and hardly a trace of modern comfort. That doesn’t mean those modern comforts aren’t there, though. There’s a den with a TV surrounded by a wall-size aquarium full of tropical fish that also offers great views of the Atlantic.
The mansion is absolutely huge, with more than one pool. But it looks even more complex due to its catwalks and lavish extensions. One such extension has water from a second-story fountain drip down off the side of the catwalk, making a gorgeous rainy waterfall on the side of one of the pools - in total, there are six waterfalls around the property.
This is clearly a house that had a lot of money put into the construction. While we can’t say for sure, it’s easily over $100 million for the construction alone. It was originally listed for sale at $139 million, but this then jumped up to $159 million, and creeped up even higher before hitting the auction block. There, it did end up selling, but for a price that’s a far cry from the original price or even the cost of construction. This enormous, 60,000 square foot mansion only sold for $42.5 million.
Normally, with mega mansions like these, you’re not paying for the price of the home itself - you’re really paying for the luxury lifestyle and perhaps the history that property can provide. This home doesn’t have much history, but practically speaking, it’s worth well over the price it sold for at auction. Andrew Mack was lucky to get such a nice house, even if it’s the most expensive home ever sold at auction. Auctions can sometimes cause you to pay a way higher sum than something’s worth, but in this case, Mack walked away with the deal - and mansion - of a lifetime.
8 сен 2021
