$40 Million Estate in Need of New Owner

Alpine Manse From Air

An unnamed, very rich businessman is trying to set the record for the most expensive home sale in New Jersey's history.

But with an eye-popping list price of $40 million, the Alpine, N.J. mansion has languished on the market since last spring, and the listing price still hasn't dropped.

To be fair, there's very little about this home that fits the definition of "languish" -- quite the contrary, in fact. Easily one of the largest homes in the Northeast, the 60,000-square-foot mansion is situated on 7.35 acres in Alpine, a rich enclave about seven miles north of the George Washington Bridge where Gary Sheffield and Sean "Diddy" Combs live.

There are 13 bedrooms, 17 bathrooms, and seven half-bathrooms. The guest house is 2,000 square feet (making it bigger than many starter homes) and features a living room, fireplace and kitchen. The property has one indoor pool and one outdoor pool. Other features include a 2,000-gallon aquarium, a wine cellar that can hold 20,000 bottles, an ice cream parlor that looks like you're in an ice cream store, and a regulation-sized bowling alley with two lanes. There's also about a half-mile of walking paths on the property.

"There is so much to say about it. It's very difficult to pinpoint one outstanding quality because the house is very overwhelming," says the listing agent, Dennis McCormack with Prominent Properties Sotheby's International Realty.

So why no buyers? "There have been several buyers who have expressed interest. Everybody from entertainers to royalty," McCormack says. ...