This $1.58 Billion London Villa is the World’s Most Expensive Home

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A five-story Victorian villa in London has been named the world’s most expensive home in a recent Yahoo! Finance report. The price has been valued at a colossal $1.58 billion.

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The residence is located at 17 Upper Phillimore Gardens in central London’s exclusive Kensington, an affluent and metropolitan area. It is near the well-known museum district of South Kensington.

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The former girls’ preparatory school might have the heftiest of price tags, but it comes with some sweet perks. The house has 10 bedrooms, an underground swimming pool, sauna, gym, screening room, and secure “panic room.”

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Its breathtaking interior features marble pillars, hardwood floors, brass and gold accents, vintage furnishings, and priceless pieces of art.

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AIDS philanthropist and daughter of a former Ukrainian president (as well as close friend to Elton John) Olena Pinchuk bought the property is 2008, as the recession began to take hold of the U.K. She paid (a mere) $127 million at the time.

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In (close) second place on Yahoo! Finance’s “World’s Most Expensive” list is the home of Prince William and the Duchess of Cambridge Kate Middleton: Buckingham Palace. The famed, 300-year-old townhouse is allegedly worth $1.55 billion. It has an astounding number of rooms (755 to be exact) and houses the royal family, its various staff, and members of the British monarch.

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Photos and details courtesy of Yahoo! Finance, CompareCamp.com, and My Fancy House

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