A 205-year-old mansion in London’s Regent’s Park has recently been crowned as the most expensive home in the UK and the world. The lavish estate, dubbed the Holme, is up for sale for a staggering $300 million.
Until recently, the most expensive home ever to be put up for sale in the United Kingdom was a Knightsbridge mansion known as 2-8a Rutland Gate. It was put up for sale in October 2022 with an asking price of $221 million.
At that time, the penthouse atop Central Power Tower held the record for the most expensive home ever purchased anywhere in the world at a price of $250 million.
Holme Becomes the Most Expensive Mansion
Nevertheless, the Holme has just reached a price point that is higher than that of the other two. The Holme is a lakeside mansion that dates back to the 19th century, having been constructed by the well-known English architect James Burton and designed by his son, Decimus Burton, in 1818.
The Holme has two stories and is located on the water. The enormous estate is spread out over 4 acres of ground and has a whopping 29,000 square feet of living area, in addition to a total of 40 bedrooms. Moreover, there are eight garages, a tennis court, a library, a steam room, and a formal dining room.
According to the Evening Standard, “It’s the White House in Regent’s Park.” The source also said, “It’s very special, because you’ve got the ornamental lake, sweeping lawns and this magnificent rear façade which looks like the rear façade of the White House. It’s the most incredible property.”
Possession of Saudi Royal Family For More than 30 Years
According to the available documentation, the property has been in the possession of the Saudi royal family for more than three decades, since it was acquired in 1998. But, as the result of an expired loan, the property has been seized and is now held by receivers.
A private jet and another New York apartment have also been taken into their custody. Since the Holme is the property in the family’s real estate portfolio estimated to have the greatest value, putting it up for sale is the simplest and most expedient method to pay off the $180 million debt.
London’s most valuable house is up for sale for £300 million.
The Holme, a mansion inside Regent's Park with four acres of land. pic.twitter.com/pj4HUt9ffp
— MTZ (@Tobeech) March 2, 2023
The listing for The Holme is being managed by Beauchamp Estates and Knight Frank estate agencies. The sale of the Holme, which comes with a price tag that has never been seen before, is expected to garner the interest of high-net-worth people from all around the globe.
The Holmes estate is considered exclusive to a limited group of potential buyers, estimated to be around 20 families worldwide. The property’s high maintenance costs, including staff, cleaning, and landscaping, make it even more exclusive and affordable only to a few.
Popstar Holly Valance and property tycoon Nick Candy, with a net worth of $1.2 billion, reportedly viewed the mansion last month. Candy had previously sold his luxurious penthouse at One Hyde Park for $240 million.