A Modern Chalet

La Moraleja  Madrid  Spain  –  Architect unknown

Lot size:     2,627 m2  (28,372 sq. ft.)
Built area:     875 m2  (9,450 sq. ft.)

We saw this on Knight Frank’s site quite a few months back.  Our memory may be faulty but we think it was listed at €10 million. The good news for all you cashed up buyers is that it’s still on the market with a current asking price of ‘just’ €7.75 million.  Before you rush off to buy it, you might want to read the agent’s description:

A chalet in Madrid…
A chalet in Madrid…

(The home) offers the highest quality of fixtures and fittings with a lift providing access to all levels. The main floor features an entrance hall, guest bath with Philippe Starck sanitary fittings, a spacious reception room with fireplace designed in 2 ambiances with large windows overlooking the swimming pool and landscaped gardens, dining room, porch and state-of-the art island kitchen with breakfast room. This level also benefits from an outside dining area for summertime enjoyment.

The ground floor includes a guest suite with direct access from the exterior, staff apartment, home cinema projection room, gym and garage.

The second storey features 2 bedroom suites, including the 130 square metre master with a sitting area and 16 square metre dressing room as well as a large bathroom with a Philippe Starck designed bathtub and separate shower. The top floor comprises 2 additional bedroom suites of approximately 50 square metres each and a terrace.

Now, while we definitely like a lot about this home, we have a very strong suspicion that it is still listed well above replacement cost – especially if a talented owner-builder is involved and one is willing to forego a designer label or two.  What do you say?

Click on any image to start lightbox display.  Use your Esc key to close the lightbox.  You can also view the images as a slideshow if you prefer  8-)

Speaking of large owner-built homes, have you seen Ken Johnson’s eclectic Incatrole?
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