Las Vegas Sun NewsOn the auction block: 12-bedroom, 16-bathroom, $14 million mansion
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Tuesday
31 January 2012
2 a.m.
Up a cobblestone path and behind the large, white double doors of a Mediterranean-inspired home in the Spanish Trail community sits a gleaming monument to when economic times were good in Las Vegas.
The entrance of the home opens into a shining white interior, with pristine marble floors stretching in all directions, framed by 30-foot ceilings above. Windows line the back wall of the living room, flooding it with natural light and giving a peek at the private gardens that lie immediately behind the house.
Now, the mansion can be yours — all 18,000 square feet, 12 bedrooms and 16 bathrooms of it.
List price: $14 million.
La Maison Des Jardins — French for “House of Gardens” — will be put on the auction block on Feb. 24 and is expected to draw bidders from around the world.
Packed with luxurious amenities, the property includes a dedicated guesthouse, a kitchen with commercial-grade equipment, ornate marble and granite surfaces throughout and space for live-in staff.
Outside, tall hedges shield the backyard from the adjacent golf course. Mature trees that provide shade across the sprawling lawn mix with dozens of varieties of colorful and aromatic flowers.
The 1,200-square-foot master bedroom comes with a natural gas fireplace and a wet bar, plus enormous his and hers walk-in closets and a lavish bathroom with pink and gray Icelandic marble, brass fixtures and custom wood cabinets.
Each of the bedrooms on the second floor is outfitted with a private balcony and bathroom, and each has its own unique décor.
The house manages to combine these extravagant elements into a final product that is simple, elegant and functional, blending wide-open spaces with more cozy rooms suited for relaxation or time with family.
“It has all the personal touches that make it intimate,” said Kristen Routh Silberman, a real estate agent with Sotheby’s International Realty, which is partnering in the sale. “It’s more than a mansion or an estate, it becomes a lifestyle.”
Built in the early 1990s, the home was owned by a prominent Las Vegas real estate developer who lived there with his wife and children. The owners, who asked for their identity to be withheld for privacy reasons, are looking to “downsize” now that their children are grown, said Laura Brady, vice president of marketing for Concierge Auctions, which is handling the sale.
The auction format allows the market to determine the true value of the house, Brady said, and also assures the seller that the home will be sold within a set timeframe.
“An auction is one of few ways to really separate your property from the rest of the market and place a spotlight on it to generate interest,” she said. “If you get a roomful of serious bidders and market the property heavily, the sellers can know they’re getting the best value.”
The property is being marketed globally and could be used as a permanent residence, a vacation home or an investment property, Brady said.
Although the list price is $14 million, there is no floor on the bidding, she said. Interested buyers need only to pony up a $250,000 deposit in advance of the auction to register and have a shot at owning the home.
Private showings of the home can be arranged from now until the Feb. 24 auction date by calling 866-822-8865.
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14 million to fish golf balls out of the pool everyday? No thanks.
$777 a square foot? Okay...whatever. Oh it will sell I know, but too high for todays market. Should go for 10-12 million.
With this economy, or even in a batter economy, I dont see why would someone build a home with 12 bedrooms and 16 bathrooms, does his whole family and friends live there? Why not a 4 bedroom, 3 bathroom?
You can have all the pool, study, game room, etc....but unless you're a hotel, cut down on the rooms!
Omar,
Read the article. This home was built in the 90's when the money was running free.
Was not built in "this economy".
Omar is right. Never understood the mentality of all the extra bedrooms. This idea that people have guests there is usually nonsense. You end up with empty bedrooms year round. This house is beyond dated and gaudy. I wouldn't buy it even if I had the money. Looks like a white elephant to me.
"It's more than a mansion or an estate, it becomes a lifestyle."
A house as a lifestyle- that's a first.
"seeking to downsize".... translated.... sell or lose it - choice is yours.
Omar,
The owner had the money, had the land and had the desire to build. THAT'S the American dream.. To do with what you want with what YOU earned... .
There are several of these "lifestyle" homes in S.T., I know one is used as a family retreat. Kind of like a hotel for various members of the family for when they are in town. They earned it by living the American dream.
I hope a Family enjoys this Large House and they become part of The Las Vegas Family. There are also over One Thousand Billionaires that may want a getaway for them and their Friends. The Buyers at this level barely realize there is a Recession in the World.
"Built in the early 1990s, the home was owned by a prominent Las Vegas real estate developer who lived there with his wife and children. The owners, who asked for their identity to be withheld for privacy reasons, are looking to "downsize" now that their children are grown, said Laura Brady, vice president of marketing for Concierge Auctions, which is handling the sale."
Sounds like code for, the owner is now bankrupt and can't afford the upkeep of the palace which was built upon the easy money days, that no longer exist..
If it's just sitting there with nobody buying it, let the OWS people stay there until someone buys it.
where is Jim Rhodes living these days?
Jack Sommer.
A family of 4 living in a 12 bedroom home may be your idea of the American dream..let's not make it sound like this is "mainstream" American dream. I'd be willing to bet 3 of those bedrooms have become "storage rooms", 3 more were never used and the other 1 was used three days a year when grandma visited. Why is it anathema to say its a waste?..regardless of your net worth.
I see these people want their privacy guarded but have no qualms about 30 interior photos being spread out in the LV Sun with an accompanying article.
If someone can afford it, and enjoy it, then so be it!
My own preference would be to have a couple of hundred, or thousand, acres and have nice homes for all of my children with enough space between them so I don't have to listen to all the grand babies crying at 3AM.
Clear lanes of fire are assumed.
I wonder how many air conditioners, water heaters and furnaces this unit has. Can you imagine the electric bill? Can you imagine the gas bill? Can you imagine the water bill? Can you imagine the property tax? Can you imagine the cost of maintenance and upkeep?
Can you imagine the drunken parties or orgies that the owner envisioned to take place in this behemoth?
No wonder this white elephant is on the auction block. The over-extended owner most likely has hit the pavement in this collapsing economy.
It will be interesting to see the egotistical sucker who will buy this property at the auction.