How much would you pay for a private island that's less than a mile away from a major city? It comes with a 21,000-square-foot house that has 11 bedrooms and 16 bathrooms. Yes, it's a single family residence. The home has a tennis court, two pools, a five-car air conditioned garage, two docks, sauna, salon, massage room, gym, a couple of bars, and a "wine room." Honestly, how much would you pay?
The listing for Tarpon Isle in Palm Springs, Florida, shows a price drop of $30 million. That leaves it at the current bargain price of $187,500,000. That's easily the most expensive property we've posted here at Homes and Hues, and is currently the most expensive property listing in the US. In an article from 2021, we learn that Tarpon Island is manmade, and the house that existed then was built in the 1930s and has been expanded considerably during the recent renovation.
It's a cherry location with a lot of house and a lot of amenities, but it does have some drawbacks. The never-ending white color scheme can get you down, but that can be changed. The mortgage payments would be over a million dollars a month. The property taxes would be over a million dollars a year. And have you been keeping up with the difficulty of buying homeowner's insurance in Florida? The house would be a great place to live until a hurricane comes through, or until the sea level rises just a little. If you have that kind of money, there are safer places to live. -via Fark