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CEOs Take Note: Idaho’s Most Expensive Home Sits in Sun Valley

CEOs Take Note: Idaho’s Most Expensive Home Sits in Sun Valley

Each week, we look at the most expensive MLS-listed house in each state.

“There’s a certain type of person that likes Sun Valley,” broker Suzanne Williams says of the Idaho region beloved by billionaires. “It’s someone that’s low-key and doesn’t require a lot of attention. They’re successful, but they don’t need to be seen.”

Well, you’d have to be pretty darned successful to purchase the state’s most expensive home. Nestled within Sun Valley in the city of Ketchum, ID, this 13-acre spread is listed for $ 21.5 million.

Williams told us the approximately 20,000-square-foot main house was the “dream home” of a family that had to relocate, opening up a prime spot for a member of the entrepreneurial elite.

The location couldn’t be better for a one-percenter who’d like to snap up a luxury property. Every summer, private investment bank Allen & Company holds an exclusive one-week summit in Sun Valley and invites a who’s who of tech titans and media moguls.

“An Allen attendee would be a perfect fit for this home,” Williams said. “A lot of attendees already own homes in the area.”

She hasn’t heard from many international buyers, because the home is intriguing “primarily to people that have had exposure to Sun Valley.”

It’s difficult to be at the high end of the real estate market in a state known more for potatoes than palaces, Williams noted. But “we’re just starting to see [homes at] this price point on the market. It’s not like we’ve topped out.”

Once prospective buyers walk through the front door, “they are in love with the finishes. They love the views. The home has a nice flow and scale,” Williams said.

Architect Robert Maloney designed the home with three large buildings comprising the main residence. Williams likened the living spaces to distinct wings that make the home perfect for people who like to entertain or have a large family (or entourage).

The home also features a guesthouse, a barn—and an authentic Irish pub, imported directly from the Emerald Isle. There’s nothing like a freshly pulled draft beer to wash away the stress of dealmaking.

And while Sun Valley doesn’t have the cachet of, say, Aspen, it’s proven popular with celebs who truly want to get away. Williams mentioned that Tom Hanks and Clint Eastwood own homes in the area, but that the valley has managed to keep its low-key vibe.

“Theoretically, we’ve been discovered. This area’s not really a secret any more. But we’ve been able to maintain the charm of the area.”

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