Adjustable Rate Mortgage Anyone?

Heard on the radio earlier this evening: A house in Orange County's Corona Del Mar is on the market for $75 million. It contains a mini water park and a car museum. And at that price, who could resist?

If it sells at the asking price, it beats out last year's highest valued piece of U.S. residential property: a home in Palm Beach, Fla., that sold for a measly $70 million.

UPDATE: Here's a link to the story with details of the listing.

Posted by Portia at May 16, 2006 10:06 PM | TrackBack