The Les Cedres estate in Saint Jean Cap Ferrat, France has been listed for 1 billion euros, or $1.1 billion. This ten-figure price tag makes Les Cedres the expensive home listing in the world.
Les Cedres’s current owners are Grand Marnier liquor heiress Suzanne Marnier-Lapostolle and the Campari company, which bought Grand Marnier in March. The property, once the home of King Leopold II, sports a ten-bedroom villa, an Olympic-sized swimming pool, stables for up to 30 horses, and 35 acres of gardens with 15,000 plants and 15 full-time gardeners. Marnier-Lapostolle hopes that the property’s new owner will keep the gardens, but The Real Deal predicts that the new buyer will likely develop the valuable garden land into mansions.
A broker in Monaco told the Mail Online: “Everything needs to be done to prevent that. We have not received instructions to sell. These kind of properties tend to be marketed very discreetly. Despite France’s problems, there should be a buyer around.”