The Priciest U.S. Home For-Sale? $175 Million

August 2, 2011

The priciest U.S. listing currently on the market may have a steep $175 million price tag, but it’s not all of those extra bedrooms that are sending the price so high. The Jackson Hole, Wyo., listing may only boast a three-bedroom main residence but it includes an equestrian ranch and mountain views.

Known as the Jackson Land & Cattle property, the 1,750-acre property has been renovated and upgraded, which has helped make it the nation’s most expensive home for sale at $175 million, reports Forbes. com. An old barn on the property was converted into a three-bedroom home, and a four-bedroom guesthouse was added. The property also includes a 52-stall equestrian center with indoor and outdoor riding arenas.  

John Pierce, the property's real estate broker with Hall and Hall, says they are looking for a buyer who doesn’t want to develop the land. The buyer "will have to be somebody with a vision and passion for Jackson Hole and a sizable checkbook that can take advantage of tax benefits by working with the local land trust," he said.

Source: “For $175 Million, You Can Own America’s Most Expensive Home,” Life Inc. (July 31, 2011)

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