Have $39 Million To Spare? You May Be Interested In 1 Of These 3 American Castles

Start generating passive income through real estate.

Own a piece of your favorite cities through diversified real estate investments in the country's top markets

*Terms and conditions apply. Visit Nada's website for more details.

Europe is flush with historic castles that sell for tens of millions of dollars. It is part of the continent's culture and history and a reflection of how prior generations, particularly the wealthy and elite, lived.

But did you know there are castles in the United States? And some are even up for sale? Granted most of them are recent constructions, but they offer wealthy individuals a unique opportunity to trade their "castle-themed McMansions" for a remote castle.

"The buyer pool for this kind of property is small," Keir Weimer, an associate broker with Select Sotheby's International Realty (Sothebys BID) told Bloomberg. "It has to be somebody who can appreciate an eccentric and generous property and is OK with the seclusion and privacy that a castle can afford.",/p>

Here is a look at three mansions currently for sale.

Related Link: Mizuho's Take On Retail REITs Following ICSC Convention

Woodstock, Connecticut

Constructed in 2003, the "Chrismark Castle" is located in the town of Woodstock, Connecticut. The property boasts nine-bedrooms and 10 baths with a 30-acre pond, a 1,400-square foot kitchen, a maid's quarters, 12 fireplaces, elevators and 25 different species of hardwood throughout the property.

The price tag? $39 million. However, the property has been lingering on the market for quite some time, so the owner was forced to lower the asking price from a previous $45 million.

Bolton Landing, New York

In 1975, an individual by the name John Lavender pledged to build his son a castle. Eight hundred (800) tons of stone later, he created what is know known as the "Highlands Castle."

The property boasts 25-foot-high ceilings, 21 floor-to-ceiling windows, a driveway that spans one-third of a mile long and a 180-degree view of the picturesque Adirondack Mountains and Lake George.

The listing price has been reduced to $12.8 million from a previous $14.8 million.

Versailles, Kentucky

Just outside of the city of Lexington is a small town called Versailles. Contained within the town is a 16-bed, 16-bath, 12,118-square foot un-named castle.

The story behind the castle is quite interesting. A contractor and his wife visited Germany in the late 1960s and came back to the United States with the idea of building themselves a castle modeled after what they saw in Germany.

Construction begun in the 1970s, but the couple split up before it was finished. The property has changed hands since then, and now operates as a boutique hotel now for sale at an unlisted price.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Top StoriesMediaGeneralReal EstateBloombergCastlesKeir WeimerMansionsSelect Sotheby's International Realty
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!