This is known as the Copenhaver Castle, named for the orthodontist who built if from 1967-77. He listed it for sale in 1985 for $7 million, cut the price to $2.5 million in 1987. He still could not sell it and he filed for bankruptcy.
The next buyer bought it from a bank in 1989 for $985,000, but filed bankruptcy in 2004. An insurance company bought it for $2.6 million in 2005, but the insurance company was later liquidated and the house went into foreclosure. I local man bought it last year for $1.45 million, but estimates that it needs $3 - $5 million in renovations. It has 7.900 square feet of living space with unusual castle-themed features.
This week we have photos of Galway, Ireland and the Cliffs of Moher posted on our Viva la Voyage travel photo site.
2 comments:
If does not sound like this has been a good investment for people.
I'd say that financial back luck seems to go hand in hand with this place.
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