World's Most Expensive House Nixed

By
Real Estate Agent with PureWest Properties, Christie's Bozeman Real Estate 13872

Tim Blixseth, founder of the 14,300 acre private ski and golf, tightly-gated community, the Yellowstone Club, (which is being sold) has sold the private 160-acre, skiable chunk of land on the Club's property, nixing his plan to build the "Pinnacle," the world's most expensive home, at 53,000 square feet and priced at $155 million. 

YC 53,00sq ftThe Pinnacle's plans, to be designed by Locati Architects, included a private ski lift to take skiers from inside the house to the top of the private, 2,200 skiable acre, 2,700 vertical feet, private ski area, boasting 400 inches of average annual snowfall and topping out at 9,860 feet. Pinnacle plans included a heated driveway and an indoor-outdoor pool with a retractable glass wall for summer and winter comfort.

 

Madison County, Montana Courthouse records indicate that Blixseth also faces three new lawsuits (with Greg LeMond, Michael Snow, and Boyne Ski Properties) related to landholdings in the Big Sky, MT region.

The complete Yellowstone Club is being sold for $455 millon; the sale's closing date is ~April 15, 2008. The purported new owner is Boston-based, private equity firm, Crossharbor Capital.

giving you the advantage...®

Taunya Fagan Bozeman Real Estate   406.579.9683   taunya.fagan@prumt.com


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Rainer
5,336
Jimmy Collins
Century 21 Select Properties - Knoxville, TN
Knoxville Area Real Estate
That house would have been incredible. Too bad you didn't get a commission on that one.
Mar 28, 2008 05:40 AM #1
Rainmaker
527,504
Karen Rice
Davis R. Chant, REALTORS - Hawley, PA
Northeast PA & Lake Wallenpaupack Home Sales

I can not imagine a 53,000 square foot private home, anyway.

Good Grief!

 

Mar 28, 2008 05:42 AM #2
Rainer
20,689
Nathan Diones
Regioncy Real Estate - Redlands, CA

WoW thanks for the info.

Nathan Diones

Mar 28, 2008 05:42 AM #3
Rainmaker
777,282
Michael A. Caruso
Surterre Properties - Laguna Niguel, CA

Hi Taunya,

For $155 million I would hope you'd have a heated drive-way... hehe!  Have a great weekend.  Michael A. Caruso

Mar 28, 2008 05:56 AM #4
Rainmaker
323,753
Taunya Fagan
PureWest Properties, Christie's Bozeman Real Estate - Bozeman, MT
Montana Real Estate: Bozeman Luxury Real Estate:
I have added an artist's rendition photo of the house.
Mar 28, 2008 07:05 AM #5
Rainmaker
2,390,891
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!
It's amaising what people do with their money isn't it?  There are so many options, like being the one who contributed the most money to illness research, or the person who cleaned up the ghetto or something that helps the world out!
Mar 28, 2008 11:26 PM #6
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Rainmaker
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Taunya Fagan

Montana Real Estate: Bozeman Luxury Real Estate:
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