Here at Deeds & Weeds, we've blogged extensively about the downfall of Tim and Edra Blixseth and their private club empire -- their most famous property being the Yellowstone Club in Montana.
But the most breathtaking sign of their wealth might have been their personal residence, Porcupine Creek, a 249-acre estate in Rancho Mirage, Calif., which is now on sale for the hold-your-gasp price of $75 million.
What do you get for that kind of dough? Plenty, naturally. For starters, a 25,000-square-foot main residence, four 2,400-square-foot guest houses and four 800-square-foot guest cottages (in case you were wondering what the difference is between a guest house and a guest cottage, apparently it's 1,600 square feet). A wine cellar, commercial kitchen, home theater, pool with waterfall ... and, of course, a golf course. This one is 19 holes (there is a bye hole), with the design credited to the triumvirate of Tom Weiskopf, Dave Stockton and Annika Sorenstam.
The Street has a good story here about the property, with the interesting conclusion that if and when the estate finally sells -- and who knows when that will be -- it will be turned from a private residence into a resort.
-- G.R.
