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Super-luxury: Donald Trump's home in Palm Beach, Florida. Picture: AP |
Palm Beach, Florida: Donald Trump's property has the big-time extras one might expect. Pricey marble and 24-carat gold fixtures decorate bathrooms, and there's a large fountain in the driveway and 142m of oceanfront out back.
Perhaps the biggest thing about this home is its price tag: $US125 million. But the Donald has been Trumped. A home in Aspen, Colorado, is now on the market for $US135 million ($181 million). Another in Lake Tahoe, Nevada, was recently listed at $US100 million.
The listings represent a monetary milestone in US real estate: the first time American homes have broken into nine figures, according to real estate experts.
A survey of the nation's most expensive homes by Forbes.com in May had Trump's home as the most expensive and the first to exceed $US100 million.
"I'm surprised it took so long for people to realise value," says Trump of the listings. "I'm the one that did it, started the trend, and I'm surprised that people haven't done it sooner."
Usually the top 10 per cent of any marketplace is considered the luxury market, but these properties are a tier above.
"They're super-luxury properties," says Trump, a real estate developer and reality TV star.
The Aspen property, owned by Saudi Arabia's Prince Bandar, features a main residence of more than 5040sqm set on a 38ha site. Trump's property, called Maison de L'Amitie, which he bought for about $US41 million in 2004, is smaller in hectares but the house is bigger in square metres.
Trump is surprised to hear his property has competition for the top spot in the US.
"Who's at 135?" he asks. "I think my property is worth more than $125 million. It's a bargain." |
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