Americaâ€™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 homeâ€™s owner, David Siegel â€” the founder of Westgate Resorts â€” had stopped construction three years ago on the home after the financial crisis dampened his time-share business.Â
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 â€œVersailles,â€ after the lavish estate in France built by King Louis XIV in the 1600s, by Siegel and his wife. Siegelâ€™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.Â
â€œOur house is like a convention center compared to the other houses here,â€ says Siegel.