Most Expensive Homes: Numbers 8 and 7
POSTED: Friday, February 4, 2011 - 6:30pm
UPDATED: Thursday, February 10, 2011 - 7:40am
EL PASO - They're lavish and extravagant and turn a lot of heads in El Paso. Tonight, we resume our countdown of the most expensive homes in the Sun City.
Coming in at number eight, a Spanish-style hacienda is just a few steps from El Paso Country Club at 530 Woodland Avenue. A commercial real estate developer owns the 60,000 square foot home. With its red tile roof, multiple fireplaces, elaborate landscaping, and expensive rock walls - it's no wonder that it costs a cool $1.24 million, making it the 8th most expensive home in El Paso.
You'll find 10,000 square feet of luxury at 1028 Calle Milagro and at number 7 on our list. Located on a mesa, this impressive house belongs to the owner of a document processing company.
"This area is called the Park Hills Subdivision, and most of the homes in here, the majority of the homes are built on the side of the mountain," said Angelo Amoriello with Amore Appraisals. With this home, he says it's all about location, location, location.
"As you notice how its set back from the rest of the road from the rest of the houses, that's all out on a mesa, you have that privacy, you don't have a neighbor to look at on either side," he said.
Because it sits high on a bluff, developers most likely had to excavate ground and replace it with retaining rock wall - a process that doesn't come cheap. Other pricey features like the fencing, the landscaping, and the roof all contribute to its price tag.
"They call it a slate tile roof and it's a little harder, a little heavier than your clay tile," Amoriello said.
Valued at $1.24 million and change, it's number seven on our list of the most expensive homes.
Monday we'll continue our look at the most expensive homes in El Paso and count down numbers 5 and 6.