See Le Reve, $50 Million Estate Now For Sale For $16.75 Million

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See Le Reve, $50 Million Estate Now For Sale For $16.75 Million

A Forsyth County home that cost nearly $50 million to build is now in foreclosure and for sale for $16.75 million. See Le Reve, $50 Million Foreclosure

The estate features seven bedrooms, nine full baths, 11 half baths, 10 fireplaces and two elevators.

This is Le Reve.

The home took three years to build and was completed in 2006. It sits on 72 acres and includes a four acre lake. It cost nearly $50 million to build.

Le Reve is a 47,000-square foot home in Forsyth County. The estate is a couple miles off Georgia 400 near the intersection of Highway 20.

"It's the best of the best when it comes to artwork, fabric, all the windows and drapes are on drapery control," Stowe said. "We have what they call Ashland windows and doors. They are all made out of mahogany. There's probably over a million dollars worth of just windows and doors in the house."

Hubert and Norma Humphrey were the original owners.

The house comes furnished.

The estate features a private 18-hole golf course, sports courts, stables, a camping area, an exercise facility, a massage room and a pool. The entire property is gated and security cameras span the property.

Here are some more photos from Le Rêve in Forsyth County.

"I look at it as a challenge," Stowe said. "The most expensive house that I ever sold was $7 million. This is one of the largest private residences in the state of Georgia. I would love to accomplish in my career to have the highest home ever sold in the state of Georgia."

If Stowe sells the house on behalf of the bank at or near its current price, it will set the record for the most expensive home ever sold in the state.

When the bank took ownership of the house, it was listed for sale at $28 million. The price has been dropping ever since. Current price of the home is $16.75 million.

The most impressive feature on the terrace level has to be the home theater. Don't picture it as your home theater or even the home theater of the rich neighbor down the street. Think the Fox Theatre in downtown Atlanta. Why the Fox? The home theater in this house is a replica.

This is the man's closet off the master bedroom.

"I was told that in that one room, there are 27 seats and there was over $1 million dollars spent in the home theater," Stowe told wsbtv.com.

The terrace level of the house also includes a two-lane Brunswick bowling alley, a virtual golf simulator, a '50s diner, an arcade and a impressive train set. The original owner was a former freight train conductor.

Here are some more photos from Le Rêve in Forsyth County.

"I'm having to resell someone else's dream," Stowe noted.

It's also in foreclosure.

Here are some more photos from Le Rêve in Forsyth County.

Here are some more photos from Le Rêve in Forsyth County.

Here are some more photos from Le Rêve in Forsyth County.

"This is probably one of the largest foreclosures (in the state)," real estate agent Troy Stowe noted.

Here are some more photos from Le Rêve in Forsyth County.

Here are some more photos from Le Rêve in Forsyth County.

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The estate features seven bedrooms, nine full baths, 11 half baths, 10 fireplaces and two elevators.

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