As someone who lives in Austin and knows the real estate market here $50m is an insane price tag for this place. Should be about half that. I’ve seen lakefront properties here with much more space and custom work for a fraction of the cost.
fellow Texan and have to agree - 50M is a rip off even in the Austin market. The thing I kept thinking as I watched this video was, $50M and you have neighbors (or what looks to be a whole sub division) less than 100 feet off to one side of the property? I did laugh when he said "6 acres", because for this price I'd expect nothing less than 600 acres to start.
Absolute truth. Over inflation and these realtors are part of the problem. Higher the sale, higher their cut. 6% total for both the buyer and seller realtor. I never understood why such a high cut?
As a Texan and former Austin dweller, there are maybe a couple of months out of the year where that place can be used as it was intended. It gets way too hot in TX for all that glass and all those open walls / spaces.
Huh. U must b living under the ground lately cause the real-estate market easily shows 60-70 mill here. Plus they kmow they aren't getting 70. But 58-60 ohh yeaa
@@Ricky-yj8vzman it’s 30ksqft homes in bel-air cheaper this is Texas. Who would spend 50 mil in Texas Wer is it worth it to spend that now because of lake Austin. What does it provide. No real shopping in Austin nothing basic restaurants Austin isn’t nothing but becoming over crowded and expensive for no reason 😊
This home is impressive but it's full of architectural problems. You can see the interior of the master bedroom from the outdoor office sitting area. The privates space like bedrooms are mixed with the living and working spaces, this is bad for privacy. In a well-designed home, the rule would be to have the bedroom on one side and the living spaces on the other one. With eventually the guest spaces on a third area. Here everything seems messed. The circulation is bad, for example, the walking closets are after the bathroom so when you take your shower you have to walk to the end of the room to get your clothes on and then you have to walk all the way back through the bathroom to the bedroom to go out. You should have the bedroom next to the walking closet. With that, you would only have to walk one time through it and not twice. The living room sofa face the wrong direction, it should be either facing the left side of the home with the circulation behind it (where you currently have the TV) or facing the back of the home (where you have the bar). The materials are minimalist, everything is white, for an estate like this it's too cold, it reminds me of a hospital. The master bedroom is visible from the pool. It's ok for a guest bedroom, but the master bedroom should not be visible by your guests. Another point is the windows. Sometimes you have very small wall separation between 2 windows, giving the feeling it is fragile and breaking the flow of the view. The windows sizes seems random. Sometimes it touches the ground, sometime not, with no obvious reason, sometime it's wide but small, sometime it's divided in panels, sometimes not. There is no harmony and coherence. The ceiling beams on the guest home have no meaning, it's obvious they are only visual and not structural. You have a lot of details like this that have no meaning and that destroy all the architectural logic of the home… For 50M $ it's a bit disappointing.
Great tour as always. As for the house, as a TX native, I can confidently say that nothing about this house indicates it’s remotely worth $50 million. Lake or no lake. The house staging looked exactly like it was staged. If they are going to ask for California money, they may want to do some California mansion level staging. There was plenty they could do to warm this home up. Artwork, greenery, decor….. The staging was lazy.
Exactly, this is in Panorama Ranch area and the surrounding houses of comparable and sometimes even larger sizes along the lake cap out around 18-19 mil. Plenty in the area just slightly smaller averaging closer to 10-15 mil. One might argue the newer construction and finishes increases it, as well as the exclusivity of the neighboring lands, but I don't see this being worth more than at most 25 mil as a result. As is it's hilariously overvalued.
My old man is a really successful property developer in La Jolla, California. I worked for him for sometime during my school days, so I picked up a thing or 2 in property development, land acquisitions real estate and construction. I can’t speak for Texas on property/land values, but I’d bet anything, I wouldn’t be able find anything more than $20m in the area, if I tried… and even at a peak pricing of $20m for the neighborhood, that’d be excessive for the area and its pricing history. Whom ever is trying to sell this home at $50m, 100% used to work at an Indian call center, because I can assure this is a grossly overpriced scam.
I wish they could have set it closer to the lake. I'd rather have a wider lot too than a long one. going to be interesting to see how much this gets reduced and sits on the market
It's a river that runs through Austin. Plus you don't want to get too close in case of flooding which can happen. If anything, you want a small road that leads to it so you can unload a boat or other stuff in it to use. Or maybe a pier to relax and fish and enjoy it. Building right next to a water source can backfire when a bad storm comes in.
Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.
This is probably the largest mansion I have ever seen, everything is so perfect! If someone helps me cook, I can stay inside and never have to go out again! I really want to get to know the owner and become friends with him! You did a really great job again, thank you very much for sharing！👍😄👏
This is a luxury apartment complex with nice lake views. Westlake is expensive, but not 50 mil. Also, Austin is hot af so good luck with all that glass when the sun is beating down on you
Such an amazing home for sure. The problem I see buying this home is its so hard to sell it. You almost have to list it for sale after you buy it to sell it ten years later.
Wow... what a property! What a great tour! About 4m in I thought I was hearing the word "here" more than usual. So I started the vid over. @erikconover did you know that you said "here" 20 times in the first 4m?! And then my OCD kicked in and I had to count the number of times over the rest of the vid. Ready for this... now, caveat... Erik used the term properly in some cases. It was unavoidable. But for the vast majority of the time, it was filler. Drumroll please... ONE HUNDRED and EIGHT times. I can't get those 25m of life back, but thought it was interesting enough to share. LOL
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $485k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently
I did some research, and, supposedly, this property costed about $13,000,000 to build. That's insane. The owner is a real estate developer and his wife is a musician. He does make beautiful properties, but $13,000,000 to build a house? And who knows how much buying the property costs.
When you do goofy things like importing glass from Portugal just so you can brag about it when there are plenty of US-based suppliers who can give you the same or better material, the money adds up.
50M is just a number after watching several of these multi million dollar home videos and then seeing how much they actually sell for they just make up a number. They are definitely trying to make a killing. It also takes years to build a property like this at least 5 years in getting permits, materials, construction, so you are also paying not to waste time.
Thanks for the great tour. I'm torn on this one. This is a very expensive area with amazing lot size and location. $50 million can buy a lot of good designs, materials and labor though, and this one is just on part with smaller homes in the same area in terms of quality. The Frick mansion in Alpine NJ cost less than this and it definitely is much better finished. This house be more compelling at $25 million.
I think what he was getting at, is that the home is so secluded that you are able to have a giant pane of glass because your home is already so private.
Erik Conover videos are instant-watch for me. Only Erik can take us from the heart of New York highrises for billionaires into the sprawling compounds in the heart of Texas with the same entertainment, charisma, and level of quality. Thanks for a fantastic video, can't wait to see more.
Stunning house and presentation. What's funny is. There are two gates to get to the main house, while you can just role up from the lake and walk on the property.
for 50 million, in california you get a giant mansion and the fact that the house in the video look less than 15 mill yet marketing it for 50 million is crazy. no way.
Just about $5k/sqft, no wide water views? LOL that’s as expensive as Port Royal in Naples here, one of the most expensive exclusive communities in the country, and just saw that new custom built house in the Hollywood hills for $38mil/$2900sqft that looks Wayyyy higher end and custom from the inside out with stellar unobstructed wide city views to the pacific ocean, $50mil? LOL that will be a very hard price to absorb there especially with some of the highest property tax rates in the country in Austin there 2.25+ % assessed value, this will be on the market for a lot longer than they expect at that price point, honestly I think will be lucky to get even $30mil-$35 for it so, won’t be surprised it takes years to sell at this price
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH.... stock,silver and gold)
@@Bmax24 No, there's this thing called the internet where you can look at land for sale and land recently sold and the only one who invented a number from thin air was you.
Wow, what a huge mansion ! And also wow, new hair on Erik ! 0:33 - love the variable roofs 1:21 - sexy door 2:44 - omg, no Leds! Only bulbs ! Leds are for control lights in appliances, not for lighting places 3:35 nice smooth united fronts on those compartments 6:53 - oh finally something new for wine storage instead of wooden drawers/holders as usual 7:23 - yay corner windows/doors, the greatest achievement of modern architecture 11:00 - for 50 000 000 it sure is a good life for this cat :) 14:14 damn, a piano room ! 14:30 - love the pathwalk there, has slabs for flat surface but doesn't cover it in a solid pavement 17:47 - the balcony needs own ZIP code 20:08 - nooo , take us with you ! We're not gonna walk all that ! 22:00 - yup, huge views
Congratulations on being the first RUclipsr to do a house tour of this modern estate. I actually thought the owners won't allow anyone to do RUclips house tours but here you are. I'll buy it if i win the lottery and i'll add a basketball court on it.
The location just uphill from a fairly wide river indicates that at some point in time there is a significant chance that the river will overrun its banks and flood the area around it. In recent months especially in the Houston area rivers and other bodies of waters have inundated nearby communities and left them vulnerable to flooding repeatedly in the future. This particular mansion or multi million dollar house is no different. Eventually the waterline will become increasingly unpredictable.
Hi Eric, I stumbled across your Channel a few weeks ago and have been watching your videos ever since. Wow! love your New York videos, very inspirational.❤ I'm from Christchurch New Zealand by the way, This Compound left me cold and it felt very impersonal with no personality or warmth to make you want to live here. It reminded me of a Hotel Lobby, great to look and pass through, but not to live in. However each to their own and the price tag is insane. Who in their right mind would pay $50 Million for this! Looking forward to your next video😊
This is wild! it may actually be worth the asking price for all that land plus what is essentially, 4 separate houses with 4 separate living spaces, that access to the lake and all the amenities, you'd still need to be *obscenely* rich with nothing better to do with your life in order to buy this place BUT its still impressive in its scale and the architecture is still beautiful
The Land is worth a small fraction of that price. It's all the buildings and homes he built on it that made the price jump so high. Even then 50mill is way to much for what this is especially in Texas of all places.
Interesting to see such high-value estates being showcased. It’s intriguing how art investment platforms like Masterworks are creating new opportunities for art enthusiasts and collectors.
Fun tour! So amazing how a choice few people can live. FYI: Transom windows occur above doors. Clerestory windows occur in walls, near or at the ceiling. Just another know it all chiming in
Wow what an amazing house and what an amazing tour, thank you Eric ! I can't wait for that château you teased in Normandie, I know it's going to be among my top 3 favorite RUclips videos. Keep it up we all love the work !
Beautiful house, you have the best tours. But I have to disagree with you about the hvac not being important. To many builders skimp on the hvac and the owner will pay for it later. What is behind the walls is probably just as important as the finishes. Especially in Texas.
I have been waiting for this one since the announcement of the property being put up for sale. I was waiting to see either Erik Conover's or Enes Yilmazer's presentation (Also Ryan Serhant). As always, great video! #erikconover #enesyilmazer #ryanserhant
Get back to me come June, July and August with all those windows beaming that 105 degree temps right through them. For $50 Million, you could have a badass Ranch with a way nicer house than this. 50 Mil would get you an awesome 10,000 acre ranch with some unreal structures
Didn't think austin had 50 mil homes. Its a giants home amazing space but seems like the pricing is for people from out of state. Honestly expected it to be 20 mil for austin
It’s not very homey to modern for me the fireplaces are absolutely dull nothing fancy, but the fireplaces the kitchen was dull. It was ugly. The cabinets look like they would belong into a warehouse. I do love the windows, but there is no Homie feel to it. No too modern the fireplaces need not one of those big huge hearts on it needed to be made out of a fireplace in Texas. It needs to be big it needs to be grand and these are pretty wimpy, brick and rock I love the big windows and the outside space but the kitchen needs help it’s ugly and so are the fireplaces
I mean don't get me wrong certain sections of a home with little frame work and just all glass is cool. But I feel like all of these multi million dollar mansions now are literally just a frame with glass. If im paying millions upon millions of dollars I want more structural integrity than a glass wall... Look at 1:56 literally 80% of the house is all glass.
Erik, those "transom" windows are typically labeled clerestory windows in architectural parlance. Transom windows are over doorways to allow light and air circulation into a room. Pricing seems a bit inflated to me for this property. What is the building at the top of the hill? Is that part of the property compound? Thanks for providing a tour of this property.
Austin is a great plave to live and a great hub for future mansions. However, this house is all about location, but it lacks character and imagination. Where is the tennis court? Why arent the 2 pool spaces connected? Something is missing
Comment what you think of this Texas Legacy Estate and check out Masterworks to diversify your portfolio!
is this were joe rohan lived?
Loving your content man - you’ve inspired me to start my own channel 🙏🏽
the remodeled style clashes horribly
Holasholas
Graciasdiosbuehasok
What do the owners do for a living?
As someone who lives in Austin and knows the real estate market here $50m is an insane price tag for this place. Should be about half that. I’ve seen lakefront properties here with much more space and custom work for a fraction of the cost.
They always inflate the price of these houses hoping that new money will overpay. Jay-Z and Beyonce recently paid 200M for a mansion in Malibu.
fellow Texan and have to agree - 50M is a rip off even in the Austin market. The thing I kept thinking as I watched this video was, $50M and you have neighbors (or what looks to be a whole sub division) less than 100 feet off to one side of the property? I did laugh when he said "6 acres", because for this price I'd expect nothing less than 600 acres to start.
I came to the comments to say the exact same thing. Nice property though.
Absolute truth. Over inflation and these realtors are part of the problem. Higher the sale, higher their cut. 6% total for both the buyer and seller realtor.
I never understood why such a high cut?
Could it be the type of materials/quality of materials? I don't think it would double the price but surely increase it.
As a Texan and former Austin dweller, there are maybe a couple of months out of the year where that place can be used as it was intended. It gets way too hot in TX for all that glass and all those open walls / spaces.
Not to mention all the things that would be flying and running in and out of your house.
No doubt!@@MercOne
I would replace that front door with a normal one, I want privacy.
Bugs ,especially down by the lake, would be soooo bad for half the year
This was the comment I was searching for lol.
Cute but where is the remaining 47 million dollars worth ?
Huh. U must b living under the ground lately cause the real-estate market easily shows 60-70 mill here. Plus they kmow they aren't getting 70. But 58-60 ohh yeaa
This is Austin Westlake for you. Go out 20 miles to Lago Vista and the property is like 10x less.
@@Ricky-yj8vz Zillow says otherwise. There is nothing close to that price range in Austin.
Facts?
@@Ricky-yj8vzman it’s 30ksqft homes in bel-air cheaper this is Texas. Who would spend 50 mil in Texas Wer is it worth it to spend that now because of lake Austin. What does it provide. No real shopping in Austin nothing basic restaurants Austin isn’t nothing but becoming over crowded and expensive for no reason 😊
This home is impressive but it's full of architectural problems. You can see the interior of the master bedroom from the outdoor office sitting area. The privates space like bedrooms are mixed with the living and working spaces, this is bad for privacy. In a well-designed home, the rule would be to have the bedroom on one side and the living spaces on the other one. With eventually the guest spaces on a third area. Here everything seems messed. The circulation is bad, for example, the walking closets are after the bathroom so when you take your shower you have to walk to the end of the room to get your clothes on and then you have to walk all the way back through the bathroom to the bedroom to go out. You should have the bedroom next to the walking closet. With that, you would only have to walk one time through it and not twice. The living room sofa face the wrong direction, it should be either facing the left side of the home with the circulation behind it (where you currently have the TV) or facing the back of the home (where you have the bar). The materials are minimalist, everything is white, for an estate like this it's too cold, it reminds me of a hospital. The master bedroom is visible from the pool. It's ok for a guest bedroom, but the master bedroom should not be visible by your guests. Another point is the windows. Sometimes you have very small wall separation between 2 windows, giving the feeling it is fragile and breaking the flow of the view. The windows sizes seems random. Sometimes it touches the ground, sometime not, with no obvious reason, sometime it's wide but small, sometime it's divided in panels, sometimes not. There is no harmony and coherence. The ceiling beams on the guest home have no meaning, it's obvious they are only visual and not structural. You have a lot of details like this that have no meaning and that destroy all the architectural logic of the home… For 50M $ it's a bit disappointing.
Good breakdown. Badly designed, tasteless, and overpriced. Clearly built to appeal to the Californian invaders.
Great tour as always. As for the house, as a TX native, I can confidently say that nothing about this house indicates it’s remotely worth $50 million. Lake or no lake. The house staging looked exactly like it was staged. If they are going to ask for California money, they may want to do some California mansion level staging. There was plenty they could do to warm this home up. Artwork, greenery, decor….. The staging was lazy.
Exactly, this is in Panorama Ranch area and the surrounding houses of comparable and sometimes even larger sizes along the lake cap out around 18-19 mil. Plenty in the area just slightly smaller averaging closer to 10-15 mil. One might argue the newer construction and finishes increases it, as well as the exclusivity of the neighboring lands, but I don't see this being worth more than at most 25 mil as a result. As is it's hilariously overvalued.
@@madmadpizza45Right. I was expecting the home to be 18-20K square feet. Listing it at 5K per square foot in Texas is wild.
Completely agree. Is Austin, not Los Angeles.
my 1st thoughts exactly. nice property. house finishing is sparse. no where near 50mil
*I agree with you. This is oppressively overpriced.*
I love the heavy breathing you can hear throughout the video😃
I didn't notice til I read your comment. Your right
I kinda like it
Y’all are way too freaky just to be watching real estate vids.
@@Comegetyourdose131 this was 1 month ago
I knew somebody peeped it 😂😂😂
I’m sure the bugs would love the indoor/outdoor vibe!
😆
Truly peak of market indicator. No way this build cost more than 7m. + land cost ? Should be max ~15-20m. Thanks for showing it around.
This is prime location for Austin. Land only is 10+
Sure, so 10 for land and then 7 to build = 17m, nowhere close to the 50m mark
The land is most likely 20 alone. The upper home would sell for 5 easily Already at 25 not including any of the lower home / guest homes and pools etc
@@Bmax24 20 million for the land? Loll
@@Neubs-xv8twlet me guess you have zero idea about Austin real estate and have even less of an idea about property on the lake ? Thought so
My old man is a really successful property developer in La Jolla, California. I worked for him for sometime during my school days, so I picked up a thing or 2 in property development, land acquisitions real estate and construction.
I can’t speak for Texas on property/land values, but I’d bet anything, I wouldn’t be able find anything more than $20m in the area, if I tried… and even at a peak pricing of $20m for the neighborhood, that’d be excessive for the area and its pricing history.
Whom ever is trying to sell this home at $50m, 100% used to work at an Indian call center, because I can assure this is a grossly overpriced scam.
We need more of texas homes Erik. Thanks for this ✨
*He needs to stay in NYC.*
I wish they could have set it closer to the lake. I'd rather have a wider lot too than a long one. going to be interesting to see how much this gets reduced and sits on the market
It's a river that runs through Austin. Plus you don't want to get too close in case of flooding which can happen. If anything, you want a small road that leads to it so you can unload a boat or other stuff in it to use. Or maybe a pier to relax and fish and enjoy it. Building right next to a water source can backfire when a bad storm comes in.
Wider is better than a long one or at least that's what she said!
$50m for a house in Austin just sounds insane lol. Must be a joke? Not even LA has very many homes near that price point
Austin Westlake for you.
But this isnt a house tho, its a whole compound next to a lake.
@@Omgiamsotriggered does it have an underground bunker carved into the rock? Not a compound. Just a house with a garage apartment
What U Smoking? Zillow can prove you wrong.
You right you can't find house like that in LA it will be 100+ millions of dollars
Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.
If you win lottery 😏
This is probably the largest mansion I have ever seen, everything is so perfect!
If someone helps me cook, I can stay inside and never have to go out again!
I really want to get to know the owner and become friends with him!
You did a really great job again, thank you very much for sharing！👍😄👏
This is a luxury apartment complex with nice lake views. Westlake is expensive, but not 50 mil. Also, Austin is hot af so good luck with all that glass when the sun is beating down on you
Such an amazing home for sure. The problem I see buying this home is its so hard to sell it. You almost have to list it for sale after you buy it to sell it ten years later.
People who shop houses of this caliber probably don’t even think about resale value. I think these buyers have f*ck it money lol
@@codypena8301even people with no concern for money wouldn't throw 50m on this house. This is legit a 3 million dollar home max.
It's like the 60's gone wrong. Outta control baby!!!
Wow... what a property! What a great tour!
About 4m in I thought I was hearing the word "here" more than usual. So I started the vid over.
@erikconover did you know that you said "here" 20 times in the first 4m?!
And then my OCD kicked in and I had to count the number of times over the rest of the vid.
Ready for this... now, caveat... Erik used the term properly in some cases. It was unavoidable. But for the vast majority of the time, it was filler.
Drumroll please...
ONE HUNDRED and EIGHT times.
I can't get those 25m of life back, but thought it was interesting enough to share. LOL
Omg, why?! Now I can’t unhear it!
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause.
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $485k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently
Wow, that's stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio
I've actually been looking into advisors lately, the news
I've been seeing in the market hasn't been so encouraging. who's the person guiding you?
I did some research, and, supposedly, this property costed about $13,000,000 to build. That's insane. The owner is a real estate developer and his wife is a musician. He does make beautiful properties, but $13,000,000 to build a house? And who knows how much buying the property costs.
When you do goofy things like importing glass from Portugal just so you can brag about it when there are plenty of US-based suppliers who can give you the same or better material, the money adds up.
50M is just a number after watching several of these multi million dollar home videos and then seeing how much they actually sell for they just make up a number. They are definitely trying to make a killing. It also takes years to build a property like this at least 5 years in getting permits, materials, construction, so you are also paying not to waste time.
Thanks for the great tour. I'm torn on this one. This is a very expensive area with amazing lot size and location. $50 million can buy a lot of good designs, materials and labor though, and this one is just on part with smaller homes in the same area in terms of quality. The Frick mansion in Alpine NJ cost less than this and it definitely is much better finished. This house be more compelling at $25 million.
“The 10 foot by 10 foot glass panel really drives home the privacy”
Great design feature -> Opens a cupboard
It's stupid they think they are building in California, have fun going outside every time you want to change rooms 😂 it's a joke.
I think what he was getting at, is that the home is so secluded that you are able to have a giant pane of glass because your home is already so private.
Erik Conover videos are instant-watch for me. Only Erik can take us from the heart of New York highrises for billionaires into the sprawling compounds in the heart of Texas with the same entertainment, charisma, and level of quality. Thanks for a fantastic video, can't wait to see more.
Wow, thanks!
Phenomenal compound! Love the shallow hip roof design throughout. Amazing Interior design and transom windows. Amazing shoot, Erik!
unless its bulletproof, glass front "door" is a big No for me
Stunning house and presentation. What's funny is. There are two gates to get to the main house, while you can just role up from the lake and walk on the property.
No one is rolling up from the lake lol. This is Texas
@@erikvanconover LOL. I know. I live in Tiburon Ca. over the water and have a house in Houston Texas.
It's a river not a lake.
for 50 million, in california you get a giant mansion and the fact that the house in the video look less than 15 mill yet marketing it for 50 million is crazy. no way.
Just about $5k/sqft, no wide water views? LOL that’s as expensive as Port Royal in Naples here, one of the most expensive exclusive communities in the country, and just saw that new custom built house in the Hollywood hills for $38mil/$2900sqft that looks Wayyyy higher end and custom from the inside out with stellar unobstructed wide city views to the pacific ocean, $50mil? LOL that will be a very hard price to absorb there especially with some of the highest property tax rates in the country in Austin there 2.25+ % assessed value, this will be on the market for a lot longer than they expect at that price point, honestly I think will be lucky to get even $30mil-$35 for it so, won’t be surprised it takes years to sell at this price
Love how honest you are Erik. Yes, of course working out can create the need to use the facilities💩
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH.... stock,silver and gold)
@HarryPaul-sx1onOh yea sure, she’s active on What’s APK
I will drop her What’s-app tel with emojis cos of RUclips rules
🇺🇸┼𝟏𝟑𝟑𝟐𝟐𝟒𝟒𝟖𝟐𝟖𝟎👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👆🏻👆🏻👆🏻☎️☎️☎️
人人人人” copy “it this way, “RUclips is frustrating.”
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This channel is a real time inspiration
"HVAC... nothing important" - Erik Conover 2023
also: 16:30 Peekaboo! haha
I bet he only said thats when he realized the stumbled on the secret entrance to the World Domination Planning Room 🤣🤣
really liked the detail of including the floorplan by highlighting the room you were showing
$50M? No way. Maybe if it sat on prime Miami real-estate, but in Austin? Maybe $13M at the most.
I expected some sizeable acreage at least.
If it was in LA, it'll probably cost 300+ Millions
Austin prices have gone up insanely. 13m? U just pull that out of a hat ? Live in austin - Vacant lots of sold for 16million
@@Bmax24 No, there's this thing called the internet where you can look at land for sale and land recently sold and the only one who invented a number from thin air was you.
@@raceboy1971 lol then use the internet - Texas is a non disclosure state…. 😂 I heard this from an actual realtor here.
Wow, what a huge mansion ! And also wow, new hair on Erik ! 0:33 - love the variable roofs 1:21 - sexy door 2:44 - omg, no Leds! Only bulbs ! Leds are for control lights in appliances, not for lighting places 3:35 nice smooth united fronts on those compartments 6:53 - oh finally something new for wine storage instead of wooden drawers/holders as usual 7:23 - yay corner windows/doors, the greatest achievement of modern architecture 11:00 - for 50 000 000 it sure is a good life for this cat :) 14:14 damn, a piano room ! 14:30 - love the pathwalk there, has slabs for flat surface but doesn't cover it in a solid pavement 17:47 - the balcony needs own ZIP code 20:08 - nooo , take us with you ! We're not gonna walk all that ! 22:00 - yup, huge views
This is my dream home. The landscape, indoor-outdoors flow makes wanna cry. This is literally paradise on earth 😢😢😢
If you lived in austin like I do you would think differently. Very nice place very overpriced
you can build it for about $5-8M if you live anywhere else 😂
@@samlamendola i think that price you gave covers the granite and maybe the glass
Amazzzzzing compound
Congratulations on being the first RUclipsr to do a house tour of this modern estate. I actually thought the owners won't allow anyone to do RUclips house tours but here you are. I'll buy it if i win the lottery and i'll add a basketball court on it.
Broad Oaks Ranch is much better🦌
I love how you include the floorplan to provide a visual of the layout. Excellent videos per usual
This house is full of ideas that can be implemented, all about layout and design. Great video Erik
HOOO MY GUNNES !! I WANT THISS!!! 😊❤
Do you know Jesus is a messenger of God
ALL I CAN HEAR IS THE CAMERA MAN BREATHING
The location just uphill from a fairly wide river indicates that at some point in time there is a significant chance that the river will overrun its banks and flood the area around it. In recent months especially in the Houston area rivers and other bodies of waters have inundated nearby communities and left them vulnerable to flooding repeatedly in the future. This particular mansion or multi million dollar house is no different. Eventually the waterline will become increasingly unpredictable.
Got to love that heavy breathing in the backround. Gives that adult film vibe.
Hi Eric, I stumbled across your Channel a few weeks ago and have been watching your videos ever since. Wow! love your New York videos, very inspirational.❤ I'm from Christchurch New Zealand by the way, This Compound left me cold and it felt very impersonal with no personality or warmth to make you want to live here. It reminded me of a Hotel Lobby, great to look and pass through, but not to live in. However each to their own and the price tag is insane. Who in their right mind would pay $50 Million for this! Looking forward to your next video😊
Maybe one of the most gorgeous home ever see in this channel: perfect inside/outside Mid Century inspired house.
I'm glad you're talking more about the details.
you're the only one who can keep me glued to the screen to see a house worth 50 million 😂
The ugly plot of land next door is a real eye sore. They should try to acquire it and make it match the lush green of this house.
Nah this property is more than likely breaking water use laws xD
This is wild! it may actually be worth the asking price for all that land plus what is essentially, 4 separate houses with 4 separate living spaces, that access to the lake and all the amenities, you'd still need to be *obscenely* rich with nothing better to do with your life in order to buy this place BUT its still impressive in its scale and the architecture is still beautiful
The Land is worth a small fraction of that price. It's all the buildings and homes he built on it that made the price jump so high. Even then 50mill is way to much for what this is especially in Texas of all places.
I like the out of state videos, this is quite the compound
Imagine leaving your phone in one room and trying to remember where you left it.
Not hard unless you hung out in every room throughout the day.
This is a Home a person buys for absolute Tranquility.
Beautiful Lake Austin mansion.
Interesting to see such high-value estates being showcased. It’s intriguing how art investment platforms like Masterworks are creating new opportunities for art enthusiasts and collectors.
This property is absolutely gorgeous! But how much will the cost of all the Windex needed be?
Fun tour! So amazing how a choice few people can live. FYI: Transom windows occur above doors. Clerestory windows occur in walls, near or at the ceiling. Just another know it all chiming in
Wow what an amazing house and what an amazing tour, thank you Eric ! I can't wait for that château you teased in Normandie, I know it's going to be among my top 3 favorite RUclips videos. Keep it up we all love the work !
In the refrence in response in service seen compound😊😮
Wolf man begins and ends with you., 💪😊😊
As always a great job to you and your team. Well done!
I agree prize 50m$ is just insane i love it thank you erik
that's not a guest houses, that's the guard house
really cool to show us whats up in texas, i really like that,thank you
Really into these videos of homes in other states, Erik! Would love to see those coastal homes on Long Island ❤ keep it up!
Texas knows how to do it! 🤠👍🏼
Beautiful house, you have the best tours. But I have to disagree with you about the hvac not being important. To many builders skimp on the hvac and the owner will pay for it later. What is behind the walls is probably just as important as the finishes. Especially in Texas.
Totally agree. It looks like California but is located in Texas
This is the only house that I will buy from this channel.
Nice place, probably worth 12 million.
If that..
This is amazing. It's like a park.
The kitchen seems quite small/cramped given the size of the property. And not the best layout.
and without windows it looks like a closet to me
Great indoor/outdoor living! It reminds me of a slightly nicer version of my local outlet mall.
Gorgeous home! I don’t think this will sell for any more than 35 million.
25 max
i like this house.. no stairs !
perfect for seniors
I have been waiting for this one since the announcement of the property being put up for sale. I was waiting to see either Erik Conover's or Enes Yilmazer's presentation (Also Ryan Serhant). As always, great video! #erikconover #enesyilmazer #ryanserhant
gonna love living in indoor outdoor living when its 110 degrees outside.
Designed for California living
Get back to me come June, July and August with all those windows beaming that 105 degree temps right through them. For $50 Million, you could have a badass Ranch with a way nicer house than this. 50 Mil would get you an awesome 10,000 acre ranch with some unreal structures
one of the best listings iv'e seen
Didn't think austin had 50 mil homes. Its a giants home amazing space but seems like the pricing is for people from out of state. Honestly expected it to be 20 mil for austin
Not very livable
I am in love with this house ❤❤❤
Damn the cameraman is breathing heavy, is he alright?
FAT
I always love the comments on these videos. The amount of people that can afford to do this aren’t watching RUclips.
Had me at the stocked refrigerators. That should definitely bring a 5 million home up to 50 million 😂😂😂
indoor outdoor living in that 110 degree Austin heat
love the new concept with the drone shots this is beautiful I have been following Erik’s RUclips page since day one so happy for him 😃
thanks for watching !
Your the man erik👊🏾
I wonder where how many wifi extenders they have
thats my house next to in the opening shot it, it dwarfs mine. all the new money coming to austin this is becoming the norm
Awesome. And it has a generator? because Texas isn't on the national grid. Wine storage doesn't fix burst pipes.
Honestly, I like the quest house better than the main house.
Glad you liked my house!
It’s not very homey to modern for me the fireplaces are absolutely dull nothing fancy, but the fireplaces the kitchen was dull. It was ugly. The cabinets look like they would belong into a warehouse. I do love the windows, but there is no Homie feel to it. No too modern the fireplaces need not one of those big huge hearts on it needed to be made out of a fireplace in Texas. It needs to be big it needs to be grand and these are pretty wimpy, brick and rock I love the big windows and the outside space but the kitchen needs help it’s ugly and so are the fireplaces
Double pane, glass or not I bet that sucker is a nightmare to keep cool in the summer.
Inside is necessary. Outside is the goal. I am not a fan of excess. However, this place is stunning!
okay, but those Texas summers, HVAC might be the most important feature of that house.
It will be. Especially with all the glass and no blinds for west facing rooms
I mean don't get me wrong certain sections of a home with little frame work and just all glass is cool. But I feel like all of these multi million dollar mansions now are literally just a frame with glass. If im paying millions upon millions of dollars I want more structural integrity than a glass wall... Look at 1:56 literally 80% of the house is all glass.
That river is a huge security issues.
Gotta complement the fade though Erik, barber did a fantastic job
This is jaw-dropping, what a beautiful piece of land. Fantastic video Erik as always. Hope you're keeping well!
Erik, those "transom" windows are typically labeled clerestory windows in architectural parlance. Transom windows are over doorways to allow light and air circulation into a room. Pricing seems a bit inflated to me for this property. What is the building at the top of the hill? Is that part of the property compound? Thanks for providing a tour of this property.
Austin is a great plave to live and a great hub for future mansions. However, this house is all about location, but it lacks character and imagination. Where is the tennis court? Why arent the 2 pool spaces connected? Something is missing
Absolutely gorgeous eye candy! Beautiful in every way. Ever so desirable! The house is nice too.❤