Versailles needs a buyer who is looking for a pad bigger than the White House.
America’s largest house, at 90,000 square feet, is up for sale for $65 million in Windermere, Fla., but the home is only about 60 percent complete. The residence was originally listed last year for $75 million and recently has been reduced to $65 million.
The home’s owner, David Siegel — the founder of Westgate Resorts — had stopped construction three years ago on the home after the financial crisis dampened his time-share business.
Bank of America, which holds the mortgage, reportedly has threatened to foreclose on the home. Siegel has invested $50 million in the home so far and vows to finish it.
The lakefront palace was nicknamed “Versailles,” after the lavish estate in France built by King Louis XIV in the 1600s, by Siegel and his wife. Siegel’s supersized home features 22 baths, 10 kitchens, and 13 bedrooms. Some of the extras: A bowling alley, a 20-car underground garage, a video arcade and roller-skating rink, and a stained-glass dome that took several years to construct.
By the numbers:
22: The number of baths in the house, which also includes 10 kitchens, 13 bedrooms, a bowling alley, and a hall with a stained-glass dome that took three years to build.
$50 million: The amount Siegel has sunk into the house so far. BofA, which holds the mortgage, had threatened to foreclose, but Siegel says he is raising money and will finish the house.
10 acres: The size of this waterfront estate. The complex includes a baseball field, an underground 20-car garage, two movie theaters, and a roller-skating rink.
This story is from the April 9, 2012 issue of Fortune.
At 90,000 square feet, it is only the seventh largest house in America.