Local Listing at 7251 Centennial Drive, Parker, CO 80134
$155 Million Estate Tops List of Country's Most Expensive Homes for Sale
Top Price for a home locally is $6,200,000 in Parker, Colorado.
A “spec home” still under construction in Big Sky, Montana tops the list of the 1000 most expensive homes currently on the market in the U.S., according to the just-released Unique Homes magazine's special issue, Ultimate Homes, 2007. Built by Yellowstone Club developer Tim Blixseth, the “Pinnacle” home sits on 160 acres and comes with four 4,000-square-foot guest houses, security and staff quarters, a retractable helipad (with helicopter and pilot lounge), and an underground garage stocked with a fleet of Suburbans.
By comparison, the most expensive home currently listed in the Parker Colorado MLS is a $6.2 million dollar residence with 25,000 finished square feet. For $155 million, one could buy 25 homes like this in Parker Colorado.
"The home prices on this year's Ultimate Homes list reinforce the fact that the national market in luxury properties has generally remained healthy above the $5 million level," said Laurie Moore-Moore, Founder and CEO of The Institute for Luxury Home Marketing, a Dallas-based organization whose members have hundreds of millions of dollars worth of the top properties on the list.
There are currently 116 properties in the Parker, Elizabeth, Franktown MLS system priced at a million dollars or more," according to Jeff Kroll, a member of The Institute for Luxury Home Marketing and a Broker/Owner of Metro Brokers. "In this area we sell about 4 million dollar homes per month on average, so that is about a 29 month supply," says Kroll.
"The number of million-dollar-home sales isn't available yet for 2006," added Moore-Moore. "However, the number of million dollar homes sold in the country jumped from 10,000 in 1999 to over 109,000 in 2005, a reflection of the growth in the number of wealthy households. Although many marketplaces are seeing slowing appreciation, higher inventories and longer sales time, the top of the luxury market is outperforming the market in general."
New York leads the Ultimate Homes list with the most properties -- 240. Florida follows closely with a total of 234 properties, up from 183 last year, and California drops from second to third place with 205 properties on the list. Overall, thirty four states have properties that made the list. For more info on million dollar homes in Colorado, go to http://www.ColoradoDreamHomes.net.
This Blog is dedicated to Parker Colorado Real Estate, Parker Colorado Homes, Elizabeth Colorado real estate, Elizabeth Colorado homes, Franktown Colorado homes, Franktown Colorado real estate, Lone Tree Colorado real estate, Lone Tree Colorado homes, Highlands Ranch real estate, Highlands Ranch homes, Castle Rock real estate, Castle Rock homes, and metro Denver Colorado real estate property listings. Search the Denver MLS directly for properties and homes at http://www.coloradodreamhomes.info/ and access a huge real estate resource at http://www.coloradodreamhomes.net/
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