Burbed reader Herve thought it would be good to point this unique property out. Apparently it’s been on the market 2 years ago for $75 million (really?).
In any case, it is now just at $48 million – another sure sign the real estate market has bottomed out and that it is now a great time to jump back in.
Just think, if you got a smart enough mortgage, you could easily buy this and get at least $22 million in instant equity. Wowsers!
What are you waiting for?