If the mountain will not come to Muhammad, then Muhammad must go to the mountain. Or Muhammad will just buy the mountain — for $18 million.
Check out our latest Lawyerly Lair. It features a 10,000-square-foot mansion, a 2,500-square-foot guesthouse, 48 acres of land, 13 formal gardens, a one-acre pond (with bridge), a swimming pool and spa….
And its own mountaintop. Did we mention the mountaintop?
This past weekend, Paul Sullivan wrote his Wealth Matters column in the New York Times about a lawyer turned businessman named Bob Fisher. Fisher is trying to sell his multimillion-dollar estate on his own, i.e., without a broker, and so far he’s had no takers. Can you say rich people problems?
It shouldn’t be surprising that Fisher is having a hard time moving his mansion. It’s not exactly something that everyone can afford, as Sullivan of the Times explains:
I took a look at his Web site for the property, Sagee Manor, and was drawn in. Sagee Manor is a full-blown estate — a 10,000-square-foot mansion with a 2,500-square-foot guesthouse sitting on a mountain top in Highlands, N.C., a resort town. It is surrounded by professionally designed gardens. The asking price was $18 million to $25 million, depending on how many acres the buyer wanted.
Eighteen to twenty-five million dollars? We’ve covered some pretty pricey properties in Lawyerly Lairs — a Skadden lawyer’s $3 million penthouse, D.C. homes in the $7 million to $10 million range, a $10 million mansion in Malibu — but almost all of them cost less than Sagee Manor.
So how did Bob Fisher make his money? If your guess is “not though practicing law,” pat yourself on the back….