California megamansion to be most expensive ever auctioned

By Around the Web

(FOX NEWS) – There’s no place like home – and especially not this particular home, one of the priciest properties in America. A Beverly Hills mansion – currently listed for a cool $160 million – will be the most expensive to ever hit the auction block, though the sale will reportedly run without a minimum bid or reserve price.

Villa Firenze is a 20-bed, 23-bath megamansion on over nine acres, with manicured grounds, a private street for entry and, in a thoroughly California twist, plenty of 40-foot palm trees. Designed to evoke the feeling of an Italian village, the 20,000-square-foot home took seven years to build, and was completed in 1998, according to its listing page.

Despite its luxurious amenities – including a wine cellar, gym, home theater, pool house, tennis court, three guest homes, a 30-car courtyard and adjacent trail – the estate has sat on the market for two years, Realtor reports. Billionaire owner Steven Udvar-Hazy even slashed $5 million off the asking price in June.

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