For those who must, absolutely must have 16,775 sq. ft,, here's your opportunity

I’m always a tad suspicious of artist’s renderings of homes, especially when there have been 27 years to take a photograph.

I’m always a tad suspicious of artist’s renderings of homes, especially when there have been 27 years to take a photograph.

857 Lake Avenue, custom-built for the present owners in 1993, is new to the market today and priced at $12 million. It certainly appears to have been constructed to the highest standards, as you’d expect at this price level, but houses and prices this size, especially non-waterfront, haven’t been flying off the shelves during the past dozen-years. You should be able to find newer, comparable quality for less than half of this, if you’re willing to settle for a more modest 10,000 sq. ft.

If this were a normal market, I’d guess a final selling price around $6.5 or lower, but this isn’t a normal market, so who knows? Let’s check back in, say, 2025.

Suitable for framing

Suitable for framing