What can $125 mil buy? Try Dracula’s castle

By AMELIA HEAGERTY

Dracula’s castle in Transylvania, an untouched Caribbean isle and Donald Trump’s ostentatious Palm Beach megamansion are all for sale —  for less than Misty Isle Farms.

At $125 million, the Vashon ranch is tied as the second most expensive single-family property listing in the United States, behind a storied mansion estate in coveted Beverly Hills.

The 525-acre Vashon estate belongs to beef and food service tycoon Tom Stewart, who relocated from Vashon to Arizona in 2006. Misty Isle boasts an array of comforts, including a helipad, eight miles of equestrian riding trails, 10 acres of botanical gardens and a three-acre aerated pond stocked annually with 500 pounds of rainbow trout, according to a marketing brochure put out by GVA Kidder Mathews, the estate’s listing agent. In addition to a 6,500-square-foot primary residence, there are 10 other residences in various locations around the estate. There are even a putting green, sand traps and driving range.

Seattle-based GVA Kidder Mathews will be launching an international marketing campaign for the ranch soon, said Jason Rosauer, Misty Isle’s real estate agent and senior vice president of GVA Kidder Mathews.

No single-family property listing has fetched $100 million yet, although several have been listed. Not surprisingly, it was Donald Trump who first set the bar at nine figures with his Palm Beach, beach-front mansion. He listed Maison de L’Amitte for $125 million in November 2006.

The 80,000-square-foot home has nine bedrooms, a 48-car garage, a ballroom, an art gallery, 475 feet of ocean frontage and two guest houses. But after more than a year on the market, Trump dropped the price to $100 million two weeks ago.

Island realtor Emma Amiad said she thought Misty Isle was overpriced.

“Most of the fabulous, to-die-for properties in the world are listed for much less,” she said. “If you have people running around with that kind of money, do they want a cow farm on Vashon? But if they do, then hey, send them my way.”

ice range, inland ranches would usually be thousands of acres, not hundreds, and so anyone interested in paying such a premium price would be highly likely to need to commute to Seattle.

Realtor Beth de Groen agreed that Misty Isle Farms was unrivaled locally.

“If it’s what somebody’s looking for and they really want to be in this area, there really isn’t something like it,” she said. “There’s great private access, an airstrip and a helipad, so you’re not constricted by ferries. But the other side of that is that if you can afford $100 million, you can be anywhere in the world. You’d have to want to be close to Seattle for some reason.”

Linda Bianchi, co-owner of Windermere on Vashon, was surprised to hear that Vashon was home to the second-priciest real estate listing in the country.

“Vashon, as unique a community as it is, probably doesn’t qualify for the second most expensive property in the U.S.,” she said. “Does that mean it’s overpriced? I can’t say. I’m not sure our community can justify a price like that for an estate.”

She said she did not think Misty Isle’s status on the market or price, if it sells, would impact house values or prices on the rest of the Island.

It is difficult to compare Misty Isle Farms to other properties in the same price range, because each has such different amenities and selling points — from historical or cultural significance to complete seclusion to proximity to a city. But, like flipping through a high-fashion magazine even though one doesn’t plan to buy an ensemble, it’s rather fun to take a tour through the world’s most expensive luxury real estate listings, on sites such as Christie’s and Sothebie’s.

The most expensive single-family real estate listing to date is the Beverly Compound, which was listed in July 2007 at $165 million by Westside Estate Agency, a Beverly Hills luxury realtor, according to The Oakland Tribune.

The Spanish Mediterranean home was designed by the same architect who designed the Hoover Dam. Influential and beloved actors, politicians and millionaires have spent time on this estate, located three blocks north of the Beverly Hills Hotel.

The home was owned by West Coast newspaper magnate William Randolph Hearst and made infamous as the setting for the grotesque “horse head” scene of Francis Ford Coppola’s Academy Award-winning film “The Godfather.” Additionally, John and Jacqueline Kennedy honeymooned at the Beverly Compound in 1953.

The 6.5-acre grounds include four residences and a two-bedroom pool house. With 29 bedrooms, three pools and two movie screening rooms, the compound has a total of 72,000 square feet of living space.

Tied with Vashon’s own ranch estate at $125 million is Fleur de Lys, a 45,000-square-foot, 15-bedroom mansion in the Holmby Hills neighborhood of Los Angeles. Holmby Hills is an affluent neighbor of Beverly Hills and Bel Air, and a favorite of celebrities.

Fleur de Lys is on the same block of Carolwood Drive as the former homes of Walt Disney, Clark Gable and Gregory Peck, as well as one of Barbra Streisand’s current homes. Mick Jagger, Marilyn Monroe and Sonny and Cher have also lived on Carolwood less than a quarter-mile away.

The home was built in the late 18th-century French palace style — Versailles is its main inspiration. According to the Christie’s Web site, Fleur de Lys was given France’s highest cultural award for excellence in architecture and design — by then-French president Jacques Chirac himself.

This mansion oozes opulence — Italian marble walls, French limestone floors, gold-embossed leather wall coverings, a library with a collection of first-edition books, a ballroom with ceiling frescoes and a 50-seat theater.

But for the multi-millionaire who wants to take it easy, maybe get away from the smog and traffic of a big city, there’s always a private island. For a cool $100 million, anyone with the financial wherewithal can make Ronde Island his or her own. The 2,000-acre isle in the Caribbean island nation of Grenada is the largest Caribbean island for sale, according to www.privateislandsonline.com, the island’s listing agent.

Ronde Island has several protected bays, and its marine life varies — from moray eels to turtles. Snorkeling and scuba opportunities are plentiful.

The island is undeveloped, but has the potential for billions in villa development. Or the purchaser could preserve the island’s biodiversity by only developing a small portion of it.

A third option, for the less adventurous and well-to-do, is a castle. They are on the market around the world — in Belgium, South Africa, Sweden, Germany, France, Ukraine, Italy and Portugal.

The only castle that comes close to Misty Isle Farms is Bran Castle in Transylvania, and at $78 million, it looks like a deal in comparison.

It, like Beverly Compound, has a story to tell. Built in 1377, the stone castle once imprisoned Count Vlad Tepes — dubbed Vlad the Impaler — for two weeks. Count Vlad is the historical figure upon whom fictional Count Dracula is based, and today, Bran Castle is known internationally as Castle Dracula.

The Romanian royal family lived in the castle for centuries until 1948, when the country became Communist, the royals were banished and their castle was seized. It was only in 2005 that the government returned the castle to the von Habsburg family, who decided within a year to sell the property. They first approached the government and offered to sell Bran Castle to them for $80 million, but the government rebuffed them. In March 2007 the von Habsburgs listed their family castle for $78 million.

The creepy castle draws 500,000 Dracula enthusiasts a year and keeps the local economy of the village of Bran, 105 miles from Bucharest, alive. The castle features include secret passageways, watchtowers and an inner courtyard.

Included in the price is a collection of Romanian and foreign furniture and objets d’art from the 14th to the 19th century, according to The Daily Telegraph.

So how could a Vashon estate even compete with these diverse abodes? According to the ranch’s brochure, Misty Isle Farm is “more than a private estate. It’s a sanctuary. Even a way of life.”

The brochure includes a photograph of the ranch’s master bathroom, which boasts a shower with full-length windows overlooking the pond, windows that turn opaque at the touch of a button. The views of Mount Rainier are a selling point, of course, and the brochure mentions that the home features “luxurious Northwest design.”

“Rich hardwoods, stone and eye-popping views serve as the platform for warm, comfortable year-round living,” it states.

Here on Vashon, if Misty Isle Farms sells, it will be the highest priced residential sale by far, surpassing the $2.148 million Dolphin Point residence Beth de Groen sold recently.

De Groen said that once a prospective buyer hits the $15 million mark, the choices of homes are astonishing and would fulfill many needs.

But Stewart is asking much, much more. De Groen wondered if he would even be flexible on the price.

“He certainly doesn’t need the money, let’s put it that way,” she said.

And as Linda Bianchi said, value is established between a buyer and a seller — in this case, both multimillionaires.

“Like anything else, it depends on what somebody is willing to pay for it,” she said.