Wednesday, November 7, 2012

Real Estate Mogul Don Abbey List 2 $78 Million Homes - Business ...

Don Abbey spent a combined $200 million and 18 years to construct his two dream homes, according to Forbes.

And now he's selling them both, for $78 million a piece.

Abbey, of The Abbey Co., is a commercial real estate mogul who buys, leases, and manages buildings. He started his business in 1990 in California.

But he's a 33-year veteran of the industry, according to the company's website. While Abbey just handles commercial real estate professionally, we're sure that has given him a leg up on the residential side as well.

Abbey's luxury properties are located in Bradbury, Calif. and Shelter Island, Montana.

Forbes reports Abbey never built the homes with the intent of selling, but now wants to downsize to something "closer to 20,000 square feet."

The Bradbury mansion is 47,000 square feet, sitting on eight acres, with five bedrooms and 10 bathrooms.?

The Shelter Island estate is 24,000 square feet, with five bedrooms and eight bathrooms.

Now tour Abbey's Shelter Island estate >

Source: http://www.businessinsider.com/real-estate-mogul-don-abbey-list-2-78-million-homes-2012-11

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