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The Home More Expensive than Jeff Bezos’s

Writer: Jeff JorgensenJeff Jorgensen


The top 3 most expensive homes ever sold in the United States include 2 from California and 1 from New York. It may surprise you that Jeff Bezos owns the second-place contender.


Third place belongs to The Chartwell Estate from the Bel Air neighborhood of Los Angeles. The home was originally listed at $350 Million in 2017 and sold in 2019 for $150 Million. Appraising a home like this would have been an incredible challenge, especially considering the $200 Million dollar list to sales price difference.


Second place was purchased by Jeff Bezos for $165 Million dollars. The home has 13,000 square feet. 13,000 square feet sure is a lot, but I have appraised home this big, but I was not able to give them a value of $165 Million, unfortunately.


The most expensive home ever sold in the United States was a condo, yup a condo. The home was the Penthouse of 220 Central Park South, a residential tower in Manhattan. The home sold for a measly $239,958,219. The buyer of the home is Ken Griffin a Billionaire hedge fund manager.


To put these sale prices into perspective, the most expensive home ever sold in Utah was Riverbend Ranch near Park City that sold for $32.5 Million dollars. On the other end of the spectrum Buckingham Palace is estimated to be worth somewhere around $3 Billion (with an additional $2.15 Billion in artwork and furniture). The White House is not worth nearly that much at an estimated value of about $398 Million. The most expensive private residence, The Antilia Building, is located in India with an estimated value of around $2 Billion. This home is basically an entire high rise on a 1.12 acre site that used to be home to an orphanage. I guess the owner needed to displace the orphanage to make room for their 168 car garage and 80 seat theater.


- Jordan Jorgensen


Photo by Debbie Fan on Unsplash

Comments


I worked with them as the appraisal coordinator for my lending institution for three years and they are great to work with. Not a corporation but a family owned business which is nice and always willing to explain anything I had questions about.

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Our law firm, Heideman & Associates, hired Jeff Jorgensen to work as an expert witness on a construction defect matter. Jeff was very professional, quick to respond to our inquiry and communications, and did an excellent job for our case. We wouldn't hesitate to use Jeff for future expert needs and we highly recommend him to anyone looking for a reliable, professional appraiser!

Sam Fowlks

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