Estate of the Day: Des Moines, Iowa Most Expensive Foreclosure

February 26, 2009 | Posted by bLavish as Estate of the Day at 9:00 am | (1) Comment »

When you think of Des Moines, Iowa, I doubt you give it much thought as to luxury realty, but today’s estate might just change your mind.

The West Des Moines home of developer Dave Walters isn’t only the most expensive home in foreclosure in the area, but also the most expensive property to ever hit the real estate market in Des Moines.

The 14,000 square foot home sits on 10 acres and enjoys an enormous great room, stocked media room and a 1,100 square foot master bedroom with secret room hidden by a bookshelf.  Wow, you can’t do better, if you want to live in Des Moines anyway.

Cost, $3.9 million.