Wednesday, December 13, 2006

Got a Luxury Home on Your Holiday Wish List?

Ultimate Homes Magazine Releases Special State-By-State Edition, Ranks Top 20 Properties for Sale in Every StateTuesday December 12, 8:39 am ET

All Properties Listed Total Nearly $11 Billion

Top Three Listings Hit the $100 Million+ Mark: a Royal Aspen Estate, an Oceanfront Mansion on Billionaire's Row, a Tranquil, Lake Tahoe Inspiration



NEW YORK, Dec. 12 /PRNewswire/ -- Just in time for the holidays, the premiere issue of Ultimate Homes, State by State Edition arrives on newsstands today as the first magazine to rank the most expensive homes for sale in each state. The top 20 residential real estate listings in every state -- plus Washington, D.C., the U.S. Virgin Islands and Puerto Rico -- total more than $10 billion.

"We've had such a positive response to our special editions of ULTIMATE HOMES -- where we annually rank the most expensive homes for sale in the U.S., that we have followed that success up with the first-ever ranking of most expensive homes for sale by state," says publisher Rick Goodwin. "This issue really represents the most comprehensive snapshot of the current luxury home market. We've been covering this market for over 35 years, and it continues to evolve all across the U.S., as does the behavior of affluent home buyers. It's very exciting to capture that in the magazine, which has become a very valuable tool in the marketplace for luxury home buyers and sellers, as well as for the elite real estate professionals who market these exquisite properties."

The top three states with the most value in real estate are New York, California and Florida with a total 22.7 percent of the nearly $11 billion of properties for sale.
Three featured properties have shattered the ceiling on luxury home prices by listing at $100 million and over. Highlights on what these ultra-luxe properties have to offer include:
Hala Ranch - Aspen, CO - $135 million: Formerly owned by Saudi Arabia's Prince Bandar bin Sultan, this self-sufficient estate boasts nearly every amenity imaginable. With wraparound views of the Rocky Mountains, the 56,000- square-foot mansion is accompanied by four other buildings (including a heated stable), a wastewater treatment plant and gasoline pumps.
Trump's Palm Beach Estate - Palm Beach, FL - $125 million: Donald Trump's Billionaire's Row estate spreads over nearly 8 acres with Atlantic Ocean beachfront. No expense was spared in the extensive renovation of the four buildings (a 54,000 sq. ft. mansion, pool house, guest house and carriage house) which display 24-karat-gold fixtures, a ballroom, observatory and atrium.
Tranquility - Lake Tahoe, NV - $100 million: 210 acres of pine and aspen forest, a private lake, and two over-the-water par-three golf holes complement the largest private landholding at Lake Tahoe. The residence's eight buildings -- the main residence, guest house, gymnasium, stable, theater, art studio, conservatory and boathouse -- total 38,000 square feet of living space with designs inspired by the St. Regis Hotel, the S.S. Titanic and the New York City Public Library.

In addition to the list of the top 20 most expensive properties for sale in each state, Ultimate Homes, State by State Edition, identifies the country's top luxury agents and give readers unparalleled insight into news, trends and hot spots in the luxury real estate market.
Where does your state rank?


Here are the Top 10:

TOP TEN STATES RANKED BY MOST EXPENSIVE PROPERTY FOR SALE
No. 1 - Colorado - (Aspen) Hala Ranch - $135 million
No. 2 - Florida - (Palm Beach) Trump's Palm Beach Estate- $125 million
No. 3 - Nevada - (Lake Tahoe) Tranquility - $100 million
No. 4 - New York - (Bridgehampton) Three Ponds Farm - $75 million
No. 5 - California - (Corona del Mar) - $75 million
No. 6 - Texas - (Corinth) Champ d'Or - $59.55 million
No. 7 - Washington - (Medina) - $53 million
No. 8 - Hawaii - (Kauai) - $46.5 million
No. 9 - Wyoming - (Jackson) Jenkins Ranch - $39 million
No. 10 - Connecticut - (Greenwich) - $38 million

For more info on Luxury Homes go to http://www.ColoradoDreamHomes.net

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