Waterfront Palace in Hillsboro Beach is the New Most Expensive Home For Sale In The US

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In the market for a new home? This waterfront palace in Hillsboro Beach just went on the market, and at $139 million dollars, it’s the most expensive house for sale in the U.S. right now.

The 60,500 square foot mansion, featuring 11 bedrooms, 17 bathrooms and 465 feet of beachfront real estate is appropriately called “Le Palais Royal”. While the property has been under construction since 2009, it won’t actually be fully complete until 2015. The land alone was recently appraised at $40 million, with the developer claiming to have spent an additional $75 million on construction and design.

According to public records, the owner is Robert Pereira, who founded a Massachusetts-based construction company. The listing agent told reporters that Mr. Pereira is looking to unload the house so he can spend more time traveling on his newly-purchased yacht.

This home features the first ever privately IMAX theater with a 50 foot screen, a beer lounge, and a dock that can hold a boat up to 500 feet long. Other jaw-dropping features include an underground 30-car capacity garage, a 4,500 square foot infinity pool, a $2 million marble staircase, three master suites, one Presidential suite, and much much more. The driveway gate is decorated with 22-karat gold leaf.

In May 2014, an estate in East Hampton, Long Island sold for $147 million. That is currently the record for the most expensive private home ever sold in the United States.

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