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If you won a major multi-million dollar jackpot...

Topic closed. 61 replies. Last post 10 months ago by levijean.

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Where would you move to?

Hawaii [ 7 ]  [10.45%]
West coast [ 10 ]  [14.93%]
East coast [ 5 ]  [7.46%]
Down south [ 14 ]  [20.90%]
Alaska [ 1 ]  [1.49%]
Mexico [ 0 ]  [0.00%]
Central America [ 0 ]  [0.00%]
South America [ 0 ]  [0.00%]
Europe [ 1 ]  [1.49%]
Same area but a nicer home [ 29 ]  [43.28%]
Total Valid Votes [ 67 ]  
Discarded Votes [ 8 ]  
lejardin's avatar - Lottery-014.jpg

United States
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November 4, 2011
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Posted: December 21, 2015, 9:03 pm - IP Logged

I've been following this house for about 5-6 years now, and if we go from past trends, this will not bring the $7 million profit the current owners are going for. 

It sat on the market for YEARS with no takers. It had shades of the Stone Mansion in Alpine, NJ with a whiff of desperation-marketing thrown in. 

It's been featured on Million Dollar Rooms, Beautiful Homes and Great Estates, and other adverts masquerading as info-shows. I've always thought the house and grounds were stunning, but I don't see a home in this price range and public exposure sitting on the market for that long unless there's a drawback we don't know about. 

The $11 million is below what it cost to build the house in the first place so all things being equal, the current buyer got it for a steal. But for him to turn around and jack the price up without making any improvements or changes to the property appears pretty ridiculous. He didn't even bother to commission new photos. Just used the ones from the original listings. If it couldn't sell for $15 million before, I don't see how he'll sell it for $18 million now.

Teddi, I knew you had good taste hahahhahaha.  How ironic you have been following this same house.  From the purchase price of $11 million to list it for $18 million without doing a thing is just an opportunist and greedy.  If I recall correctly it was originally selling for the mid $20 million(?) and kept dropping the price over the years and yes, just sat on the market.  I am not aware of Stone Mansion but California is almost always a hot market, minus the crash, but even that didnt last. 

I almost had to eat my words about not making any new pictures or restaging.  I just found this link:

https://vimeo.com/17222046

Was going to revisit to see what the "LIBRARY" was like.....you know so I could win our bet staying out of the limelight hahahahahahhahaha.   I do like that....well not a walk in closet, how about a walk in dressing ROOM?  Still like this house even tho it is outrageously expensive and huge.

Will it sell for $18 mil?  Who knows there are a LOT of people with BIG money in Hollyweird and Los Angeles area who keep moving north of there to Thousand Oaks, Monteceito, Santa Ynez, Monterey and Carmel et al.

    Teddi's avatar - Lottery-008.jpg

    United States
    Member #142499
    May 13, 2013
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    Posted: December 25, 2015, 12:34 pm - IP Logged

    Teddi, I knew you had good taste hahahhahaha.  How ironic you have been following this same house.  From the purchase price of $11 million to list it for $18 million without doing a thing is just an opportunist and greedy.  If I recall correctly it was originally selling for the mid $20 million(?) and kept dropping the price over the years and yes, just sat on the market.  I am not aware of Stone Mansion but California is almost always a hot market, minus the crash, but even that didnt last. 

    I almost had to eat my words about not making any new pictures or restaging.  I just found this link:

    https://vimeo.com/17222046

    Was going to revisit to see what the "LIBRARY" was like.....you know so I could win our bet staying out of the limelight hahahahahahhahaha.   I do like that....well not a walk in closet, how about a walk in dressing ROOM?  Still like this house even tho it is outrageously expensive and huge.

    Will it sell for $18 mil?  Who knows there are a LOT of people with BIG money in Hollyweird and Los Angeles area who keep moving north of there to Thousand Oaks, Monteceito, Santa Ynez, Monterey and Carmel et al.

    The asking price when this video was made years ago was $27 million.

    Back in 2008, it sold for $11,600,000. The following year it was relisted for $29,900,000. After years of no sale, this current owner made an offer of $11 million when it was listed at $14.9 million. 

    If this seller gets $18M for it without having to wait years, then this would have been a great investment.

    His $18.9M asking price is made even more amazing by the fact that the year before he bought the property, the previous owners had changed the asking price from $19.9M to $14.9M then back to $19.9M. It stayed at that $19.9M for 14 months until reduced one last time to the 14.9. 

    Seeing this price history, I just don't have it in me to take this kind of risk. I probably would not have relisted it for more than $14M. I'd rather make less profit in a quick turnaround than have to keep it for years paying millions in taxes, HOA fees, house upkeep, landscaping, utilities, pool maintenance and security, all while hoping the real estate market doesn't collapse again. 

    I refuse to be another unfortunate rags-to-riches-to-rags warning to future lottery players. No thank you. I will not willingly blow through a once in a lifetime opportunity in a greedy pursuit of more.

    I might wake up early and go running.  I might also wake up and win the lottery.

    The odds are about the same.

      MaximumMillions's avatar - Lottery-013.jpg

      Germany
      Member #164603
      March 8, 2015
      599 Posts
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      Posted: December 25, 2015, 2:00 pm - IP Logged

      The asking price when this video was made years ago was $27 million.

      Back in 2008, it sold for $11,600,000. The following year it was relisted for $29,900,000. After years of no sale, this current owner made an offer of $11 million when it was listed at $14.9 million. 

      If this seller gets $18M for it without having to wait years, then this would have been a great investment.

      His $18.9M asking price is made even more amazing by the fact that the year before he bought the property, the previous owners had changed the asking price from $19.9M to $14.9M then back to $19.9M. It stayed at that $19.9M for 14 months until reduced one last time to the 14.9. 

      Seeing this price history, I just don't have it in me to take this kind of risk. I probably would not have relisted it for more than $14M. I'd rather make less profit in a quick turnaround than have to keep it for years paying millions in taxes, HOA fees, house upkeep, landscaping, utilities, pool maintenance and security, all while hoping the real estate market doesn't collapse again. 

      I refuse to be another unfortunate rags-to-riches-to-rags warning to future lottery players. No thank you. I will not willingly blow through a once in a lifetime opportunity in a greedy pursuit of more.

      I'm usually with you, but not on this monstrosity. Whether one likes the style or not, it's poorly designed, very boxy from the outside, the lobby in opening shot is very McMansion, you can have that for less.

      Personally I'm just not a fan of French Revival, Fake Spanish or Tudor style, maybe that's why I don't like it. Clown

        Teddi's avatar - Lottery-008.jpg

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        Posted: December 25, 2015, 2:08 pm - IP Logged

        Teddi, I knew you had good taste hahahhahaha.  How ironic you have been following this same house.  From the purchase price of $11 million to list it for $18 million without doing a thing is just an opportunist and greedy.  If I recall correctly it was originally selling for the mid $20 million(?) and kept dropping the price over the years and yes, just sat on the market.  I am not aware of Stone Mansion but California is almost always a hot market, minus the crash, but even that didnt last. 

        I almost had to eat my words about not making any new pictures or restaging.  I just found this link:

        https://vimeo.com/17222046

        Was going to revisit to see what the "LIBRARY" was like.....you know so I could win our bet staying out of the limelight hahahahahahhahaha.   I do like that....well not a walk in closet, how about a walk in dressing ROOM?  Still like this house even tho it is outrageously expensive and huge.

        Will it sell for $18 mil?  Who knows there are a LOT of people with BIG money in Hollyweird and Los Angeles area who keep moving north of there to Thousand Oaks, Monteceito, Santa Ynez, Monterey and Carmel et al.

        This is The Stone Mansion

        https://www.youtube.com/watch?v=neNR2MlTqdY. If money were no object, I'd choose something like this over the White Stallion estate because unlike White Stallion, this literally has everything one could ever dream of having including a La Cornue range...my fave 

        This is its website: http://www.alpinemansion.com/pages/home.html

        It's been on the market seemingly forever, going from $72 million to $48 million. Not that either price matters much since I don't see how I could ever afford the upkeep/maintenance even with a major lottery win. And what happens if no one else is there and I get lost (a distinct possibility)

        https://www.youtube.com/watch?v=P7chb-W7HIE

        https://www.youtube.com/watch?v=nWY9ezVPfN8

         

        And here's the LIBRARY Banana - MERRY CHRISTMAS!!!!!!!  I'll give you this as your consolation prize after you lose our bet.

         

        Let's see how long Tyler Perry's humongous but gorgeous Atlanta estate stays on the market. One of the most beautiful properties I've ever clapped eyes on. But the GA market doesn't usually fair well with anything that big and that expensive. I think it's well worth the $24 million price tag, even with the ugly kitchen, but I don't think it'll sell for that. If I had the money and need for something that big, I'd have preferred to see it in Alpharetta or Milton. Who wants to deal with Atlanta traffic once they leave an estate like that? https://www.youtube.com/watch?v=AvstcGFeeu4

        I might wake up early and go running.  I might also wake up and win the lottery.

        The odds are about the same.

          Teddi's avatar - Lottery-008.jpg

          United States
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          May 13, 2013
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          Posted: December 25, 2015, 2:30 pm - IP Logged

          I'm usually with you, but not on this monstrosity. Whether one likes the style or not, it's poorly designed, very boxy from the outside, the lobby in opening shot is very McMansion, you can have that for less.

          Personally I'm just not a fan of French Revival, Fake Spanish or Tudor style, maybe that's why I don't like it. Clown

          I personally like the exterior facade and the look it portrays. But if you don't like French, this is definitely not something you would like no matter what. I don't like French revival (actually, I don't like anything revival) nor do I like French Normandy much (except for one 40,000sf estate in Beverly Park which was superbly done), but I do love a classic French style estate. Not for myself, just to look at and appreciate. But I agree with you about that foyer. Très laid. Ditto with the dining room but that could be just because of that hideous wallpaper.

          I like the Tudor style (as an anglophile that's probably to be expected) as long as it's from the outside. I HAAAATE Tudor interiors. Everything is just so big and masculine and dark. With dark wood everywhere I'd feel like I was living inside a well designed coffin.

          I hate Spanish everything (no offense to anyone). I hate Spanish-style exteriors, interiors, decor, right down to Spanish tiles. It's just not for me, so I can put myself in your place on this house for sure. 

          I might wake up early and go running.  I might also wake up and win the lottery.

          The odds are about the same.

            MaximumMillions's avatar - Lottery-013.jpg

            Germany
            Member #164603
            March 8, 2015
            599 Posts
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            Posted: December 25, 2015, 7:09 pm - IP Logged

            I personally like the exterior facade and the look it portrays. But if you don't like French, this is definitely not something you would like no matter what. I don't like French revival (actually, I don't like anything revival) nor do I like French Normandy much (except for one 40,000sf estate in Beverly Park which was superbly done), but I do love a classic French style estate. Not for myself, just to look at and appreciate. But I agree with you about that foyer. Très laid. Ditto with the dining room but that could be just because of that hideous wallpaper.

            I like the Tudor style (as an anglophile that's probably to be expected) as long as it's from the outside. I HAAAATE Tudor interiors. Everything is just so big and masculine and dark. With dark wood everywhere I'd feel like I was living inside a well designed coffin.

            I hate Spanish everything (no offense to anyone). I hate Spanish-style exteriors, interiors, decor, right down to Spanish tiles. It's just not for me, so I can put myself in your place on this house for sure. 

            I think Spanish style can look like a porn set very  fast.

            The Playboy Mansion is somewhat Tudor style, right? I think Tudor can be done tasteful. years ago I watched the Hogans reality show and their house was really stuffy.

             

            If I ever had enough money for an estate type house I'd probably want a Gilded Age mansion, they to oftenlook tacky but back in the day the quality was there.

              lejardin's avatar - Lottery-014.jpg

              United States
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              Posted: December 26, 2015, 1:08 pm - IP Logged

              This is The Stone Mansion

              https://www.youtube.com/watch?v=neNR2MlTqdY. If money were no object, I'd choose something like this over the White Stallion estate because unlike White Stallion, this literally has everything one could ever dream of having including a La Cornue range...my fave 

              This is its website: http://www.alpinemansion.com/pages/home.html

              It's been on the market seemingly forever, going from $72 million to $48 million. Not that either price matters much since I don't see how I could ever afford the upkeep/maintenance even with a major lottery win. And what happens if no one else is there and I get lost (a distinct possibility)

              https://www.youtube.com/watch?v=P7chb-W7HIE

              https://www.youtube.com/watch?v=nWY9ezVPfN8

               

              And here's the LIBRARY Banana - MERRY CHRISTMAS!!!!!!!  I'll give you this as your consolation prize after you lose our bet.

               

              Let's see how long Tyler Perry's humongous but gorgeous Atlanta estate stays on the market. One of the most beautiful properties I've ever clapped eyes on. But the GA market doesn't usually fair well with anything that big and that expensive. I think it's well worth the $24 million price tag, even with the ugly kitchen, but I don't think it'll sell for that. If I had the money and need for something that big, I'd have preferred to see it in Alpharetta or Milton. Who wants to deal with Atlanta traffic once they leave an estate like that? https://www.youtube.com/watch?v=AvstcGFeeu4

              Thanks for the links Teddi.  I have never seen anything like this one, it is incredible and have to wonder what kind of person would have a need or want for such a huge estate.  This is beyond any dream of a "mansion" I ever had.  This makes White Stallion look like chump change, lol.   I think I must have lived a sheltered life, I never heard of a La Cornue range. 

              I would take the "consolation" prize as I could live in it, just give me a hot plate hahahahahahaha.  It wont happen though because I will be the winner of the bet but I appreciate your optimism  : > 

              $72 million to $48 million is quite a drop in price.  Even with a lottery win, Alpine Mansion and White Stallion are over what I would consider.  I agree with your rags-to-riches-to rags statement.  What good is a mansion/estate/home if you cant afford to keep it?  It isn't about having all the money initially, it is what you do with it over time, including blowing it all.  I am thinking what would be worse, to have it and lose it, or to never have it at all?

              Now Tyler Perry's estate ...... BEAUTIFUL.  First I loved the grounds, stunning, then I saw the inside, holy moly, Love, Love, Love that master bedroom, the decorating and colors are just my style and that bathtub.....and then the kitchen and the living room, and, and, lol.  You dont like the kitchen?  None of these places would I buy if I won THE lottery but sure could build a smaller rendition, take the likes from each one and on lots of land.

              Fun to dream what if.

              Powerball tonite, Good Luck all, you too Teddi !

                Teddi's avatar - Lottery-008.jpg

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                Posted: December 26, 2015, 5:08 pm - IP Logged

                I think Spanish style can look like a porn set very  fast.

                The Playboy Mansion is somewhat Tudor style, right? I think Tudor can be done tasteful. years ago I watched the Hogans reality show and their house was really stuffy.

                 

                If I ever had enough money for an estate type house I'd probably want a Gilded Age mansion, they to oftenlook tacky but back in the day the quality was there.

                I need to remember not to drink anything when I'm reading your posts. I managed not t spray a smoothie over the screen and settled from a coughing fit instead. Now every time I see a Spanish decor I'm going to think porn. Thanks for that.

                I might wake up early and go running.  I might also wake up and win the lottery.

                The odds are about the same.

                  Teddi's avatar - Lottery-008.jpg

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                  Posted: December 26, 2015, 7:58 pm - IP Logged

                  Thanks for the links Teddi.  I have never seen anything like this one, it is incredible and have to wonder what kind of person would have a need or want for such a huge estate.  This is beyond any dream of a "mansion" I ever had.  This makes White Stallion look like chump change, lol.   I think I must have lived a sheltered life, I never heard of a La Cornue range. 

                  I would take the "consolation" prize as I could live in it, just give me a hot plate hahahahahahaha.  It wont happen though because I will be the winner of the bet but I appreciate your optimism  : > 

                  $72 million to $48 million is quite a drop in price.  Even with a lottery win, Alpine Mansion and White Stallion are over what I would consider.  I agree with your rags-to-riches-to rags statement.  What good is a mansion/estate/home if you cant afford to keep it?  It isn't about having all the money initially, it is what you do with it over time, including blowing it all.  I am thinking what would be worse, to have it and lose it, or to never have it at all?

                  Now Tyler Perry's estate ...... BEAUTIFUL.  First I loved the grounds, stunning, then I saw the inside, holy moly, Love, Love, Love that master bedroom, the decorating and colors are just my style and that bathtub.....and then the kitchen and the living room, and, and, lol.  You dont like the kitchen?  None of these places would I buy if I won THE lottery but sure could build a smaller rendition, take the likes from each one and on lots of land.

                  Fun to dream what if.

                  Powerball tonite, Good Luck all, you too Teddi !

                  Most people have never heard of La Cornue because there was a time when they were super expensive with a long wait time since each one was only made to order...from France.

                  Also, I grew up in the kitchen so I'm kitchen obsessed. Tyler Perry's kitchen is like a hate crime to me.

                  In an effort to take some of the US market away from popular upscale range manufacturers like Wolf and Viking, La Cornue has become more accessible and they have ranges that compete in price with them without the wait. I personally don't like it because their exclusivity and personalization were what those who bought them wanted. It'd be like finding out Rolls Royce was making cars to compete in price with Lexus. Oh well. Not my company, not my problem. 

                  I've bought my PB tickets for tonight and I've had my dream home picked out for over a year now so I'm set. 

                   

                  I'm glad you like your consolation prize. That way the sting of losing to me won't be so hard for you to take. I'll even throw in the hotplate...because I'm just that generous.  Smiley Santa

                  I might wake up early and go running.  I might also wake up and win the lottery.

                  The odds are about the same.

                    lejardin's avatar - Lottery-014.jpg

                    United States
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                    November 4, 2011
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                    Posted: December 27, 2015, 7:46 pm - IP Logged

                    Most people have never heard of La Cornue because there was a time when they were super expensive with a long wait time since each one was only made to order...from France.

                    Also, I grew up in the kitchen so I'm kitchen obsessed. Tyler Perry's kitchen is like a hate crime to me.

                    In an effort to take some of the US market away from popular upscale range manufacturers like Wolf and Viking, La Cornue has become more accessible and they have ranges that compete in price with them without the wait. I personally don't like it because their exclusivity and personalization were what those who bought them wanted. It'd be like finding out Rolls Royce was making cars to compete in price with Lexus. Oh well. Not my company, not my problem. 

                    I've bought my PB tickets for tonight and I've had my dream home picked out for over a year now so I'm set. 

                     

                    I'm glad you like your consolation prize. That way the sting of losing to me won't be so hard for you to take. I'll even throw in the hotplate...because I'm just that generous.  Smiley Santa

                    I looked up La Cornue and love The Chateau in copper.  You certainly would need to win the lottery to afford a kitchen with that appliance.  And with those prices, it had better prepare, cook and serve up my meals.

                    Tyler Perry's kitchen is not a favorite but is nice although it doesnt seem to fit with the rest of the house. 

                    No luck with my pb tickets so I will wait patiently for Wednesday draw and my win for the new year.  A month delay~~celebration beginning with a chartered flight outta here. Sun Smiley   I wont be needing that library (and hotplate)  after all but thanks for the thought and offer.  Here, I will help you out with your new emoticon...... Surrender.

                    Ok, ok Good Luck Teddi!

                      Teddi's avatar - Lottery-008.jpg

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                      Posted: December 27, 2015, 11:28 pm - IP Logged

                      I looked up La Cornue and love The Chateau in copper.  You certainly would need to win the lottery to afford a kitchen with that appliance.  And with those prices, it had better prepare, cook and serve up my meals.

                      Tyler Perry's kitchen is not a favorite but is nice although it doesnt seem to fit with the rest of the house. 

                      No luck with my pb tickets so I will wait patiently for Wednesday draw and my win for the new year.  A month delay~~celebration beginning with a chartered flight outta here. Sun Smiley   I wont be needing that library (and hotplate)  after all but thanks for the thought and offer.  Here, I will help you out with your new emoticon...... Surrender.

                      Ok, ok Good Luck Teddi!

                      Hahahahahahaha. Love the emoticon.

                      I might wake up early and go running.  I might also wake up and win the lottery.

                      The odds are about the same.

                        Romancandle's avatar - moon
                        Upacreek
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                        Posted: January 3, 2016, 11:46 am - IP Logged

                        Wow those are some luxurious homes... I wonder how big of a staff you would need just for the upkeep.

                        Richard Branson has quite an island with a million dollar commode view... ha ha

                        -RC

                          Teddi's avatar - Lottery-008.jpg

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                          Posted: January 3, 2016, 2:48 pm - IP Logged

                          Wow those are some luxurious homes... I wonder how big of a staff you would need just for the upkeep.

                          Richard Branson has quite an island with a million dollar commode view... ha ha

                          Depending on how many people live in the house, the general rule is one full time housekeeper or maid for every 5000 - 8000 square feet. I'd also expect that there would be a butler, majordomo, or house manager to manage the house as well as the staff.

                          There's one house I know of that's under 15,000sf with two adults living there most of the year and it runs well with a butler, chef, housekeeper, general maid, lady's maid, laundress and two groundskeepers/handymen. All other services are contracted or handled by the home office.

                          I might wake up early and go running.  I might also wake up and win the lottery.

                          The odds are about the same.

                            Grovel's avatar - f800e6a39fbfea795d1dcbb09f2244
                            Little Rock, AR
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                            Posted: January 4, 2016, 2:05 pm - IP Logged

                            I would get a condo in Manhattan. I always wanted to stay in New York.

                              lejardin's avatar - Lottery-014.jpg

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                              Posted: January 4, 2016, 2:17 pm - IP Logged

                              Depending on how many people live in the house, the general rule is one full time housekeeper or maid for every 5000 - 8000 square feet. I'd also expect that there would be a butler, majordomo, or house manager to manage the house as well as the staff.

                              There's one house I know of that's under 15,000sf with two adults living there most of the year and it runs well with a butler, chef, housekeeper, general maid, lady's maid, laundress and two groundskeepers/handymen. All other services are contracted or handled by the home office.

                              Interesting information.  Thinking a house of 5,000 to 6,000 sq. ft. would be fine and no I do not need that much.  Most of the housekeeping would be done by me altho I would love for someone to come in once a week to help with floors and dusting, I hate dusting.  And a chef ...... hmm have to think about that one, maybe someone can cook low calorie lunches a couple of times a week, cook in my kitchen or have them delivered?

                              Now I certainly want acreage and nice grounds with the pool which will require maintenance, that is where I would be spending money.  Maybe a koi pond..... The rest of the hired help ?  Pfffffffttt

                              oops maybe I need someone to care for the LIBRARY ?