# $140 Million Parisian Estates The Historical Gem 'Palais Montmorence' is Back on the Mark By Amanda Chang | Published 2010-11-21 | Art & Design Source: Trend Hunter, https://www.trendhunter.com/trends/palais-montmorence References: [bornrich.org](http://www.bornrich.org/entry/real-estate-beat-worlds-second-most-expensive-residential-property/) & [feau-immobilier.fr](http://www.feau-immobilier.fr/buy-details-11857.aspx) If you ever find yourself looking for an extravagant [luxury home](https://www.trendhunter.com/trends/private-townhouse) to boast your newfound wealth, I highly suggest you consider the 'Palais Montmorence.' One of the last private residential homes in [Paris, France](https://www.trendhunter.com/trends/saint-laurent-avenue-montaigne) on the famous Avenue Foch, this gorgeous home can be yours for a cool $140 million. With nearly 28,000 square feet, 12 bedrooms and bathrooms, 18th century panels and fireplaces, and Henri Rousseau painted ceilings, what more could you ask for? The 'Palais Montmorence' is the perfect [real estate investment](https://www.trendhunter.com/trends/virginias-piedmont-region) for the individual seeking a lavish historical home. ## Trend Insights (Trend Hunter) - Score: 5.9/10 - Popularity: 92% | Activity: 76% | Freshness: 8% - Audience gender: 50% men, 50% women - Primary generations: Millennial, Gen X - Top markets: North America, Europe ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Art & Design](https://www.trendhunter.com/artdesign) > [Home](https://www.trendhunter.com/home) ## Key Themes ### Why This Trend Is Growing - **Luxury Real Estate Investment:** Palais Montmorence highlights the huge demand for luxurious real estate investment. - **Historic Property Investment:** The renovation and maintenance of historic properties as an investment shows promising potential. - **Opulence and Exclusivity:** The market for opulent and exclusive real estate has a healthy growth potential. ### Industries Being Reshaped - **Real Estate:** Palais Montmorence is a symbol of the growing luxury real estate industry. - **Wealth Management:** Managing wealth through investing in historic and luxury properties show potential for the wealth management sector. - **Construction and Renovations:** The demand for historic property renovation and maintenance offers opportunities for growth in the construction and renovating industry. ## Related on Trend Hunter - [Luxe Windmill Accomodations](https://www.trendhunter.com/trends/moulin-rouge-windmill.md) - [Ultra Luxury Hotel Expansions](https://www.trendhunter.com/trends/rocco-forte-house.md) - [Luxe Parisian Skyline Suites](https://www.trendhunter.com/trends/sax-paris-hotel.md) - [Modern Stone-Clad Residences](https://www.trendhunter.com/trends/villa-coachella.md) - [Opulent French Hotels](https://www.trendhunter.com/trends/chteau-la-banquire.md) - [Private Parisian Residences](https://www.trendhunter.com/trends/private-parisian-residences.md) - [Art-Filled Parisian Homes](https://www.trendhunter.com/trends/amlie-du-chalard.md) - [Eclectic Paris Apartments](https://www.trendhunter.com/trends/studio-asa.md) - [Luxury Jeweler Boutiques](https://www.trendhunter.com/trends/luxury-jeweler.md)