Trump's Palm Beach Estate Drops to the #3 Most Expensive Property on the Market

This Year's Issue Features Six New Additions to the Top 12 and More Than $19 Billion of Luxury Real Estate For Sale in the U.S., With an Average Sale Price Of Nearly $18 Million

NEW YORK, April 17 /PRNewswire/ -- For the luxury real estate market, the words "bubble" and "slowdown" don't seem to apply. Marking its third year in publication, the glossy magazine for the high-end home shopper, ULTIMATE HOMES, hits newsstands around the country this week, with its 2007 edition and ranking of the most expensive properties for sale in the U.S. This year's "Ultimate list" goes from a minimum $10 million to a staggering $155 million, the price tag for the Yellowstone Club estate in Bozeman, Montana, and well up from last year's chart topper: the $75 million Three Ponds Farm in Bridgehampton, NY.

The most diverse list yet, more states appear in the top 12 properties than previous years, with premier homes in New York, California and Florida continuing to dominate the list. For 2007, more than $12 billion in luxury listings come from these three states alone. In all, 34 states are represented this year, plus the District of Columbia and the U.S. Virgin Islands.

"We were the first to compile such an exhaustive list," said Rick Goodwin, Publisher of Ultimate Homes and its luxury real estate parent publication, Unique Homes. "With each issue of Ultimate Homes, we create a true portrait of the luxury market at its highest levels by identifying and ranking the most expensive and spectacular properties on the market. We are continually surprised at how much the list changes and how high the prices climb every time we publish the list."

Other editorial highlights include:

The average price of a home in the 2007 Ultimate Homes list nearly $18 million.

The exclusive list of the most elite properties includes:

#1 Most Expensive Property For Sale: The Pinnacle at Yellowstone Club. At 32,000 square feet and situated on 160 acres of lush forest with 360 degree views of the Rockies, in Big Sky, Montana, this incredible estate -- which is still under construction -- is designed to offer its owner a life of almost unimaginable luxury, and is the most expensive home ever listed. Comes complete with a fully-stocked 8,000-bottle wine cellar, indoor/outdoor heated pool with a swim-through glass wall, 26-seat cinema, hair and nail salon, fitness area including a massage room and racquetball/squash court. Not to mention, a gondola that comes to the house to whisk guests and the homeowner away to the nearby Yellowstone Club ski lifts, and a fleet of Suburbans for the underground parking garage ... and of course, the private helipad (with a lounge and pilot's quarters) which retracts for underground storage -- all guaranteed to mesmerize even the most blase billionaire!

COMPLETE LIST OF TOP TWELVE MOST EXPENSIVE HOMES ON THE MARKET IN AMERICA

  No. 1  - $155 million - The Pinnacle at Yellowstone Club - Big Sky,
                          Montana
  No. 2  - $135 million - Hala Ranch - Aspen, Colorado
  No. 3  - $125 million - Trump Estate - Palm Beach, Florida
  No. 4  - $100 million - Tranquility - Lake Tahoe, Nevada
  No. 5* -  $75 million - The Portabello - Corona del Mar, California
  No. 5* -  $75 million - Three Ponds - Bridgehampton, New York
  No. 6  -  $70 million - The Pierre Penthouse - New York, New York
  No. 7* -  $65 million - 2845 Broadway - San Francisco, California
  No. 7* -  $65 million - Malibu Beach Home - Malibu, California
  No. 7* -  $65 million - Sierra Star - Incline Village, Nevada
  No. 8* -  $60 million - Robert Taylor Ranch - Brentwood, California
  No. 8* -  $60 million - Sassafras - Lloyd Neck, New York

And just who owns these modern day palaces? Unique Homes and The Institute for Luxury Home Marketing conducted a survey which revealed 73% of homeowners who own at least one home valued at $2.5 million or above are under the age of 55 and are mostly hard-working self-made millionaires.

In addition to the list of the most expensive properties for sale, Ultimate Homes identifies the country's top luxury agents, and gives readers unparalleled insight into news, trends and hotspots in the luxury real estate market.

"Ultimate Homes has become the worldwide resource for America's wealthiest looking for the next special place to call home. The properties included here are unlike any other in the country," says Goodwin.

To purchase a copy of Ultimate Homes, visit your nearest bookstore or newsstand, or log onto www.uniquehomes.com for more information.

To schedule an interview with Rick Goodwin, please contact Tami Gross- McCarthy at .

  CONTACT:  Tami Gross-McCarthy
            TMG / 
            

Source: Ultimate Homes

CONTACT: Tami Gross-McCarthy, TMG, ,

Web site: http://www.uniquehomes.com/