What’s the story behind the world’s most expensive home?

New York /
Jan.January 16, 2018 01:00 PM

When Chateau Louis XIV, an ostentatious 17th-century-styled French palace on the outskirts of Paris, sold for $300 million in 2015, it was widely believed to be the most expensive home sale in modern history.

The chateau had the expected immoderate touchings of Parisian royalty, with gold fountains, marble statues and elaborate gardens lining the 57-acre property. But the new development also featured the trappings of the 21st century — modern elevators, smartphone-controlled amenities, a moat and aquarium, his-and-her nightclubs, several lounges and pools.

But little has been written about the developer who built Cheateau Louis XIV or how he convinced one of the world’s most powerful — and controversial — billionaires to close the deal.

In this video, we go behind the scenes to show you how the world’s most expensive home was built and sold.

Video produced by Jhila Farzaneh and Konrad Putzier


Related Articles

arrow_forward_ios
What will proptech look like in 2019 and beyond?
What will proptech look like in 2019 and beyond?
What will proptech look like in 2019 and beyond?
The Observation Deck at Hudson Yards (Credit: Adam Pogoff)
Views from 1,100 feet: A tour of Related’s “the edge,” the tallest outdoor observation deck in the Western Hemisphere
Views from 1,100 feet: A tour of Related’s “the edge,” the tallest outdoor observation deck in the Western Hemisphere
(Getty)
Nearly half of home sellers overpaid their broker fees in 2020
Nearly half of home sellers overpaid their broker fees in 2020
CBRE CEO Bob Sulentic. (CBRE, Getty)
CBRE’s 2020 earnings down 8%
CBRE’s 2020 earnings down 8%
January is the second consecutive month of increase in new home sales. (Getty)
Sales of new homes up 4.3% in January
Sales of new homes up 4.3% in January
(iStock/Illustration by Alexis Manrodt for The Real Deal)
US home prices are more than 5% too high: Fitch
US home prices are more than 5% too high: Fitch
The Texas snow storm was partly responsible for the decline in mortgage applications. (Getty)
Texas storm, increasing rates freeze home mortgage market
Texas storm, increasing rates freeze home mortgage market
330 Sackett Street and 72 Hicks Street (Compass, iStock)
Townhouses dominated Brooklyn luxury contracts — again
Townhouses dominated Brooklyn luxury contracts — again
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...