A sad moment for the Storied de Guigne Estate. It seems that the price cut is just too much for this property. The Hillsborough estate of Christian de Guigne IV is up for sale for a gut-busting $100 million as stated in a report by realestate.aol.com.
For those that wants to have a taste of the aristocratic life, this home is the preeminent choice. The home was built by renowned starchitects Bliss & Faville around 1912. The colossal 16,000-square-foot home has been owned by De Guigne's family for 150 years. It was first listed two years ago but it never made the deal.
The property lies on a 47.4-acre piece of land. The house depicts the lifestyle of the rich and famous of the 1950's. It features five bedrooms with seven full bathrooms and 2 half bathrooms. It showcases a life of extravagance and ease. For those that wants to experience the aristocratic way of dancing, this is the best deal because the house has its own ballroom arena.
Other features of the house include a flower arrangement room and a servants' wing. The servants' wing also has additional bedrooms. It also features its own library and according to realestate.aol.com, "It has a pavilion that opens up onto a pool courtyard." The mansion is a clear description of what elegance meant back then. It has public rooms that contains elegant designs and ornamentals that are just beyond compare. The property shows sophistication and lavishness of the long-gone years.
Despite the listing that occurred more than two years ago. No one took the deal due to the condition set forth by Christian de Guigne IV. According to sf.curbed.com, "Christian de Guigne IV wanted to retain the right to live out of this property for the remainder of his life."
This is a home that that even the dignitaries and the U.S presidents have enjoyed. Nothing more to say for this luxurious home except for its stunning market price. According to mercurynews.com, " De Guigne, 76, was born and raised in the Mediterranean-style home, which was built by his grandfather between 1914 and 1918, and he has lived there much of his adult life."
According to la-familylaw.com, "De Guigne relied on income from securities and family trusts." It is further reported by la-familylaw.com that, "Christian's annual income of $240,000 came from securities holdings and family trusts."
