Great Island, Connecticut – A Private Island That’s One of the Most Expensive in the World
Great Island, which is as you probably guessed a private island, is located just off the coast of Connecticut and it has been listed as for sale for 175 million dollars.
It’s an old property which was acquired in the 1800’s, but not many people can afford to pay for the breath-taking view it offers.
When you think of private islands you probably imagine huge sums and most of them are indeed so expensive that only a few people could even think about buying them, but there are some that aren’t quite as expensive.
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In fact, some private islands are cheaper that central apartments in NYC.
According to billionairesweb.com, a list of the 25 most expensive homes in America has been released, and the prices range from $78 million to a staggering $250million.
This year’s most expensive lot blows previous prices out of the water, as the most expensive home listed in 2016 was a mere $150 million, but it did not sell.
The heftiest sale of a home went to none other than Hugh Hefner last year, who sold his Playboy Mansion to a neighbor for $100 million, on the condition that he be able to live there for the rest of his life, Architectural Digest reported.
It was also the most expensive home sale in the history of the city of Los Angeles.
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Housing prices steadily rose over the year, with New York and San Francisco charting easily as the most expensive places to live in the United States in 2016.
The average cost of a home in San Francisco in 2016 was $810,200 and in New York it was $385,900, according to the Economist.
This year’s list of chart-topping mansions, published by Curbed, shows the the top 25 homes range from $78 million to $250 million in 2017, sprawled across the most extravagant cities in the nation.
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