Home News The Most Expensive Home in Saratoga Springs, New York, Asks $17.9 Million

The Most Expensive Home in Saratoga Springs, New York, Asks $17.9 Million

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A massive property in Saratoga Springs, New York sold for $17.9 million, making it the most expensive listing in the city famous for its natural hot springs and thoroughbred horse racing.

The mansion called Palazzo Riggi was built in 2003 for the late Ron Riggi and his wife Michele. Power His Turbine Rigi, who made a fortune in his business, died last month at the age of 80. He has supported many local non-profit organizations, including his Saratoga Performing Arts Center, the National Dance Museum, the National Horse Racing Museum, and the Saratoga Automobile Museum.

In July, the Riggis family also listed their sprawling 46-acre property in Lake Placid, New York as: Casa del Paradiso$31 million.

The Saratoga Springs lot has 25,000 square feet of living space with six bedrooms, six full bathrooms and seven half bathrooms, according to the listing posted Thursday.

Listing is currently the best price in Saratoga Springs. Records show that the second most expensive is a vacant lot, demanding $7.9 million. Jiro.

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Margie Philo, broker and owner of Berkshire Hathaway Adirondack Premier Properties, who co-listed the property with Julie A. Bonacio, broker and owner of Julie & Co. Realty, said: says. “This home has the finest finishes and furnishings.”

Philo said Rigi was personally involved in the design of the house, hiring an artist from Italy to live nearby for a year and hand-painting the murals.

Other distinguishing features of the property include cathedral ceilings, 23 marble medallions set in marble floors, foyer frescoes, four fireplaces, French doors, indoor and outdoor radiant heated floors and corridors. , includes two custom kitchens, an elevator and a grand staircase. Philo said.

The residence also has a home theater, fitness room, bowling alley, swimming pool, spa and pool house.

“Saratoga Springs has the best of the best,” says Philo, so you can include it in your real estate portfolio or use it as your primary residence.

About 280 miles north of New York City, Saratoga Springs is home to many world-famous racetracks and the National Horse Racing Museum and Hall of Fame.

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