Quote:
Originally Posted by secondcurve
You're evidently a financial genius. $49 million is what Bahre listed his 63,000 square foot castle for several years ago. Evidently, he has marked it down to $38 million today. Bahre paid $2,450,000 to purchase the property. The tax payers were offered the property at something less and voted no. It would have been a home run for the town if they had voted to approve the purchase. Trust me, you can't find a 16 acre parcel on the lake with 1500 of frontage for anything near $2,450,000 today.
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That's true but I'm sure the town doesn't mind cashing that property tax check. Had they taken ownership of it, they would get nothing.
It's always a tough sell having the most expensive house in the area, I mean we are talking Alton NH not Beverly Hills, CA.