$75M mansion lacking carpets, tiles, walls selling ‘as is’


Tuesday, June 22nd, 2010

USA Today

Timeshare tycoon David Siegel’s unfinished mansion, nicknamed ‘Versailles,’ in Windermere, Fla. By John Raoux, AP

WINDERMERE, Fla. (AP) — The brochure promises a “monument to unparalleled success.”

The 90,000-square-foot home for sale outside Orlando has 23 bathrooms, 13 bedrooms, 10 kitchens and three pools. All that and more for $75 million “as is.”

The catch? It’s not finished.

Nicknamed “Versailles” by owner and timeshare tycoon David Siegel, the mansion hit the market recently as the largest home for sale in the United States. Construction was halted last year to save money in a recession that proved particularly hard on Siegel’s industry.

The home also has a 20-car garage, a bowling alley, an indoor-roller rink, a movie theater, a video arcade, a fitness center, a baseball field and two tennis courts.

But the mansion’s interior has no carpet, tile or interior walls.

Copyright 2010 The Associated Press. All rights reserved



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