The Virginia estate of Patricia Kluge, a philanthropist and ex-wife of TV mogul and Metromedia founder John Kluge, has a new price tag of only $24 million (via C’ville Bubble Blog).
This is a huge discount from the initial listing price of $100 million back in October 2009. The price was dropped to $48 million in the spring of 2010.
The massively discounted property is still listed at Sotheby’s.
Patricia Kluge, a former belly-dancer and pinup model, kept the house (and received a settlement of $1 billion) in an amicable divorce from her husband John Kluge, founder of Metromedia.
Albemarle House is neighbours to some of Virginia's greatest and most important estates including Thomas Jefferson's Monticello and James Monroe's Ash Lawn-Highland.
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