David Siegel’s Mansion puts Orlando Real Estate in the record books
Orlando Mansion Officially the largest house in North America
Orlando real estate currently has the record for having the largest singe family residence in North America. At 90,000 square feet David and Jackie Siegel have nicknamed their Orlando property “Versailles” after the royal château in Versailles in the Île-de-France region of France. This mansion will officially be the largest house in America when [or if] completed. The would-be Versailles will reportedly feature nine kitchens, a bowling alley, three swimming pools and a full baseball diamond.
Here are some other interesting facts for you; 45 foot ceilings, 13 bedrooms, 23 full bathrooms, a 6,000-square-foot master suite, a banquet kitchen plus 8 satellite kitchens, a 20-car garage, three pools, a two-story wine cellar and a grand hall with a 30-foot stained glass dome. Of course, a home doesn’t get named after a famous French palace without a few more obscene extras. There’s also a boat house, formal gardens, a baseball field, two tennis courts and a rock grotto with a waterfall, a fitness center, a two-lane bowling alley, a roller rink, a video arcade and a theater.
The unfinished Orlando mansion is listed right now for $75 million. If you want it completed, it will only cost you a additional $25 million. Mr. Siegel, the chief executive officer of Orlando-based Westgate Resorts, began building the enormous, resort-like mega mansion for himself and his family in the town of Windermere, Fl. in 2007 right when the market crashed. The 76-year-old billionaire and his 46-year-old wife had to stop construction on the home three years ago when the market crashed and financing for Westgate Resorts slowed.
It appears that Mr. Seigel is trying to do the right thing. Instead of putting his extra money into this home, it is reported that he’s putting it back into the company to save the employees. Mr. Siegel has had to cut some of his 12,000 employees at Orlando-based Westgate Resorts.