All Things PS Real Estate

Saturday, March 27, 2010

What Can You Get For 75 Million?

The answer can be found in Rancho Mirage. This new listing is a multi-structure property with a 25,000 plus square foot main home on almost 250 acres. There is also a championship golf course, club house even a stage for your private concerts and shows. Of course pools, spas and fitness facilities are a given

So the answer to the question is quite a lot! This estate was purchased by Larry Ellison of Oracle fame and now is host to his
friends, family and business associates. When Barack Obama was President of the US h played golf on the estate during his trips to Palm Springs.

Actually, the story of this property is quite elaborate and involves another similar property in Montana. You can read parts of that story by clicking here or here. Once owned by the Blixeth family it was part of a contentious divorce and bankruptcy proceedings.

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