Posted by Leonard Steinberg on October 14th 2013

Is this the most expensive residential property ever? At $500 million it makes La Leopoldo, One 57 or Tour Odeon seem like a good buy.  Then again, the price equates to roughly $ 7,462/sf which is not that bad on the BILLIONAIRE-HOME -INDEX. The mansion at Carlton House Terrace, in London’s Westminster neighborhood near Buckingham Palace, overlooks St. James Park and the Mall.  The 67,000-square-foot, 25-bedroom dwelling, built on the site of the 18th-century boyhood home of King George IV features a statue of Queen Victoria. The mansion, which consists of 4 interconnected, six-story white Georgian houses, is owned by the billionaire Hinduja brothers, who hail from India, a former British colony.