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Caesarea's palace

Palatial Israeli mansion goes on sale for record-tripling $259 million

Lavish 69,000 sq. ft. Caesarea residence was built by billionaire Valery Kogan, who owns Moscow’s Domodedovo Airport

  • A mansion for sale for NIS 845 million in Caesarea. (via Sotheby International Realty)
    A mansion for sale for NIS 845 million in Caesarea. (via Sotheby International Realty)
  • A mansion for sale for NIS 845 million in Caesarea (via Sotheby International Realty)
    A mansion for sale for NIS 845 million in Caesarea (via Sotheby International Realty)
  • A mansion for sale for NIS 845 million in Caesarea (via Sotheby International Realty)
    A mansion for sale for NIS 845 million in Caesarea (via Sotheby International Realty)
  • A mansion for sale for NIS 845 million in Caesarea (via Sotheby International Realty)
    A mansion for sale for NIS 845 million in Caesarea (via Sotheby International Realty)
  • A mansion for sale for NIS 845 million in Caesarea (via Sotheby International Realty)
    A mansion for sale for NIS 845 million in Caesarea (via Sotheby International Realty)

A mansion in the northern coastal city of Caesarea is for sale — for NIS 845 million ($259 million).

The palatial 6,400-square meter residence (69,000 square feet) was built by billionaire Valery Kogan, who also owns Moscow’s Domodedovo Airport, the largest in Eastern Europe.

It boasts four bedrooms, seven bathrooms, a spa and gym, indoor and outdoor pools, a wine room, billiard hall, home cinema and other amenities, according to the listing by Sotheby’s International Realty. It rests on some 11 dunams of land (2.7 acres), near the Mediterranean.

“The interior design features natural marble and onyx mosaics, 14K gold moldings, unique parquets, silk carpets and carefully selected custom-made furnishings,” according to the listing.

It is, by far, the most expensive house on the market in Israel.

In September, Sheldon Adelson, casino magnate and leading backer of US President Donald Trump, was said to have bought the US ambassador’s residence in Herzliya for what was then reported as a record-breaking $88 million.

A mansion for sale for NIS 845 million in Caesarea. (via Sotheby International Realty)

Israeli media has reported that Kogan, who is believed to be an ally of Russian President Vladimir Putin, invested at least $100 million to build the most luxurious mansion in Israel in 2013, designed in a style resembling the White House, before selling the plot.

He then reportedly set an Israeli real estate record when he bought a 1,000-square-meter (nearly 11,000 square feet) apartment in Tel Aviv for a reported $31 million.

In 2017, he was reported to have paid millions for Mariah Carey and Elton John to sing at his granddaughter’s wedding.

Agencies contributed to this report.

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