Luxury Real Estate: If you love luxury, then the latest high-end property to hit the market will really excite you, because it has the honor of being named the most expensive home on the market. After two more expensive properties have gone off the market due to lack of sales, a $125 million Holmby Hills estate, squeezed neatly between the luxury cities of Beverly Hills and Bel Air, has become the most expensive home on the market, according to the Brisbane Times.

A sign of the sagging times in luxury real estate all over the world, a home worth $125 million hasn't topped the list of most expensive homes for sale in three years.

The supremely luxurious home, named Fleur de Lys is modeled after the famously gilded palace at Versailles, constructed by the innovator of luxury living himself, King Louis XIV. Carefully set amidst 5 well-tended acres, the larger than life home features 15 bedrooms, 16 bathrooms as well as Versailles-style accoutrements in approximately 53,812 Square Feet.

The estate is built in 18th century style and has been cited by French President Jacques Chirac with France?s highest cultural award for excellence in architecture and design, Chevalier de Ordre des Arts et des Lettres. The Single-Family Residence was built similarly to its European counterparts, using only the finest materials and skilled craftsmen.

Whether you are in the market for a high-end home or just enjoy browsing, Fleur de Lys is a timeless example of wonderful architecture, based on classical building techniques.

For LxM Carly Zindermann