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Location: Los Altos Hills, Calif.
Price tag: $27,000,000
The Skinny: Identified as Stonebrook Court, this elaborate, thirty,000-square-foot California mansion boasts some of the most lavish historic detailing on the market place and a price to match: $27M. That is a enormous sum, but its really a complete $18M less costly than it was when it initial came to market back in 2008. The recession brought the price down, initial to $38M, then to $28.5M, and last but not least dipping under $1,000 per square foot. That still-giant asking price tag buys 7 bedrooms, 8 bathrooms, a jaw-dropping ballroom, and historic detail galore. A wreck when the recent owners acquired it, the home was totally overhauled above a 7-12 months period, but was relisted thanks to their untimely divorce.