Jaw-dropping Chateau d’Or marked down

Bargain hunters, break out your wallets.

The jaw-dropping Chateau d'Or estate at 10425 Revuelta Way in Los Angeles' exclusive Bel Air area once listed at $40 million, is now offered at almost half the price: a mere $25 million. Click here or on any of the photos to go to a Yahoo! Homes slideshow.
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Described by the listing agent as "incomparably majestic," by the U.K. Daily Mail (at least in its URL) as "gauche," and by the Curbed real estate blog as "hideous'' and "Marie Antoinette by way of the Sultan on Brunei on a Vegas bender'' the estate offers about 26,000 square feet of ... indescribable opulence, let's say.

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The estate actually has four buildings, the listing tells us, including a 20,000-square-foot main residence, a six-bedroom guesthouse and a "professional fitness center." Also gracing the property: fountains (plural), verandas (plural), European-style grottos (yep, plural), and the requisite Southern California swimming pool and spa (just one of each, heaven forfend!).

Hard as this is to say, let alone believe, the listing agent is perhaps not entirely hyperbolic in calling this an "outstanding value." The price per square foot works out to less than $1,000 -- compare that with the $11,000-per-square-foot Manhattan two-bedroom we recently wrote about. Even in Bel Air, the square footage is, gulp, generous for the price.
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