Top Luxury Home Sales in the Triangle: Part II
Catch up on yesterday’s post here.
The second in our series of luxury homes that sold in the Triangle last year highlights a fabulous estate in Rougemont. Rougemont is a beautiful rural community (unincorporated) just north of Durham and east of Hillsborough and is the home to quite a few equestrian estates.
This gorgeous home, the Trillium Estate, has a sad history: the seller, a local business owner, built this gorgeous estate for his wife who evidently died before they were ever able to move in. Here are just a few of the photos from the MLS: there are many more on the property’s Facebook page and you can view the blueprints on the builder’s page.
The property spans over 200 acres of beautiful rolling hills and resembles a European castle. The property was sited to take advantage of the views. This part of the Triangle is rather remote from most employment centers, but is absolutely beautiful.
The pool is gorgeous, complete with fountains. Your own Versailles!
The Grand Foyer.
The kitchen and keeping areas.
The master bedroom.
The property was first listed in 2006 when it was still under construction and the owner’s wife had passed away. At the time the list price was $6,200,000 the owner’s cost at that stage of construction. As construction progressed without a sale the price continued to increase until it reached $11,900,000 at completion in early 2009.
Sadly, as we the real estate market had tanked by then, and the luxury home market (especially the market for mega homes such as this one) was hit particularly hard. The price reductions began until the property was finally reduced to $6,400,000 in May 2011. Just a few months later the new buyers purchased the home for $4,750,000, a fraction of the original cost.
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I’m always wondering who I should work as to afford living is such a dream palace as one of those featured here on this page?
I especially love the one with a large swimming pool, it’s just fantastic!