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Real Estate Mogul Plans World's Most Expensive House, at $155 Million

Friday, January 26, 2007

NEW YORK —  If you're looking for a new home and have $155 million to spare, you could be the proud owner of the world's most expensive abodes.

Forbes.com, the online site of Forbes magazine, on Thursday said timber and real estate baron Tim Blixseth has just upped the ante in the price of the world's most expensive home, planning to build and sell a home for $155 million.

The 53,000-square-foot stone and wood mansion will be built at the Yellowstone Club, a members-only, residential ski and golf resort near Bozeman, Montana developed by Blixseth.

That tops the $139 million asking price for Updown Court in Windlesham, England, which was listed No. 1 in the Forbes.com list of the world's most expensive homes in 2006.

It also exceeds the $125 million that U.S. media mogul and reality TV star Donald Trump is asking for the renovated estate he owns in Palm Beach, Florida.

Blixseth, who ranks No. 322 in the 2006 Forbes 400 list with a $1.2 billion fortune, said he had already received interest in the home.

"Some of (the world's richest) just have to have the best. Price is not an issue," he told Forbes.com.

The 10-bedroom mansion will sit on 160 acres and will come with a private gondola-like chairlift that will carry residents to the Yellowstone Club's private ski slopes, an indoor/outdoor swimming pool, and a home movie theater, and it is fully furnished.

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