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How ostentatious does a "home" have to be to cost that much? I mean, I can sort of imagine a ten million dollar home (from movies and television). I can't imagine this.
Having seen that hotel physical abuse footage, I'm glad they finally arrested him. Hope they nail him at trial. Sounds like there's a lot for which to get him.
Real state is not just about the square area, or even the construction on top, but mostly about location. The cost is not about how big or luxurious of a mansion it is, but because it means living surrounded by other millionaires. If you scout the area, you notice it is one of the biggest houses around that place and the price, while outrageous even by the area standards, is not that far up next one, and about half of the most expensive one.
I don't have the slightest idea, but I have seen small houses in the 10s of millions JUST because of the view