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re: The most expensive house in Ohio sold for 3.6 million

Posted on 5/14/20 at 1:32 pm to
Posted by SidetrackSilvera
Member since Nov 2012
1916 posts
Posted on 5/14/20 at 1:32 pm to
quote:

The guy invented the drop ceiling.


Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57002 posts
Posted on 5/14/20 at 1:34 pm to
quote:

The most expensive house in Ohio sold for 3.6 million


Yeah, no...
Posted by chinhoyang
Member since Jun 2011
23383 posts
Posted on 5/14/20 at 1:36 pm to
reminds me of the big mansion someone built on an island on Flathead Lake in Montana. It may have sold by now, but they kept dropping the price.
Posted by Tigris
Mexican Home
Member since Jul 2005
12357 posts
Posted on 5/14/20 at 1:38 pm to
From the article:

quote:

the Browns spent upwards of $20 million creating The Waterwood Estate


quote:

It was listed for 19.5 in 2011 and now sold for 3.6 million.


Wow, what a price drop.

60,000 ft2 including the basement = $60/ft2 - cheap.

160 acres, lakefront on Lake Erie - $22,500/acre if you value the house at zero, probably not unreasonable.

My guess is that the house has massive problems and is about to be demolished.
Posted by 3deadtrolls
lafayette
Member since Jan 2014
5701 posts
Posted on 5/14/20 at 1:49 pm to
The property is beautiful, but I don't like the house.
Posted by CptRusty
Basket of Deplorables
Member since Aug 2011
11740 posts
Posted on 5/14/20 at 1:52 pm to
If I built a mega mansion baller pad, it would have a much nicer indoor pool than this:



wtf is this supposed to be? I'll tell you what it is, a fricking wet hallway.
Posted by Bunsbert Montcroff
Phoenix AZ / Boise ID
Member since Jan 2008
5497 posts
Posted on 5/14/20 at 1:53 pm to
quote:

wtf is this supposed to be? I'll tell you what it is, a fricking wet hallway.


maybe it's to swim laps?
Posted by CptRusty
Basket of Deplorables
Member since Aug 2011
11740 posts
Posted on 5/14/20 at 1:54 pm to
quote:

maybe it's to swim laps?




you can swim laps in a pool that isn't enclosed inside of a claustrophobic hallway.
Posted by dbeck
Member since Nov 2014
29452 posts
Posted on 5/14/20 at 1:54 pm to
quote:

The owners died in a plane crash years ago

Flew too close to the sun
Posted by IAmNERD
Member since May 2017
19220 posts
Posted on 5/14/20 at 2:02 pm to
I like it, but all those super tall chimneys have to go. It is very distracting. Interior is pretty sweet though.
Posted by fr33manator
Baton Rouge
Member since Oct 2010
124193 posts
Posted on 5/14/20 at 2:05 pm to
Yeah...but it’s in Ohio
Posted by GurleyGirl
Georgia
Member since Nov 2015
13164 posts
Posted on 5/14/20 at 2:08 pm to
The tall white chimneys look ridiculous.
Posted by CatsGoneWild
Pigeon forge, Tennessee
Member since Jan 2008
13310 posts
Posted on 5/14/20 at 3:34 pm to
Chimneys wouldn't be a deal breaker for me at that price. The land is worth more than what the house was sold for
Posted by NWarty
Somewhere in the PNW
Member since Sep 2013
2181 posts
Posted on 5/14/20 at 3:39 pm to
The hangar for that Bell 222 :O

That is one pricey, pricey helicopter. Should’ve turned into an Airwolf clone :)
Posted by mattgr1983
Austin, Tx
Member since Oct 2012
2434 posts
Posted on 5/14/20 at 3:42 pm to
How is that possibly only 3.6 million? Makes no sense. At a super modest $100/sqft, that would be 6 million. That doesn't include land, and that ain't no $100/sqft home....
Posted by CatsGoneWild
Pigeon forge, Tennessee
Member since Jan 2008
13310 posts
Posted on 5/14/20 at 3:54 pm to
Exactly. That's a steal for that price. Vermilion and Huron are right down the road and those towns are richey for Ohio
Posted by Penrod
Member since Jan 2011
39291 posts
Posted on 5/14/20 at 4:23 pm to
quote:

It was when it got listed for 19.5.


Probably not. I would be surprised if there weren't 5 dozen homes in Ohio in the $50 million plus range.
Posted by bayoubengals88
LA
Member since Sep 2007
18919 posts
Posted on 5/14/20 at 4:28 pm to
94 dollars per square foot...the same as my starter home near Old Jefferson 5.5 years ago......

PLUS 160 acres!!

What a deal.
This post was edited on 5/14/20 at 4:30 pm
Posted by bayoubengals88
LA
Member since Sep 2007
18919 posts
Posted on 5/14/20 at 4:28 pm to
Oh, and by the way, that place is 1 million times more attractive that the shitty Pennington house that sold for 6 million a few years ago.

Posted by BhamDore
Nashville
Member since Aug 2009
6288 posts
Posted on 5/14/20 at 4:55 pm to
Nobody really wants these 50k+ sqft homes. The maintenance cost are way too much and they better be family/forever homes or you'll never recoup what they cost to build.

The biggest house in Alabama sold at auction for 4.8 million. Its 57k sqft and cost almost 30 million to build.

The guy took a 25 million dollar loss.

25 million dollar loss.


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