Probably not as much as they'd hoped but hey; they're rid of this troublesome house

11 Langhorne Lane, a hangover from the collapsed Antares real estate (cardboard) empire, has sold for $17,370,000, on an asking price of $19.950 million. 26,500 sq. ft., 8.9-acres. The buyer’s from West Palm Beach and no doubt intends to use it as summer weekend getaway cottage.

Antares built this monstrosity of a spec house during the last real estate bubble and tried selling it in 2007 for $25 million, then $28 million, then went bust and unloaded it, unfinished and “as is”, for $13.750 in 2008. That buyer initially tried to resell it a year later for $14.5 but gave up the effort in 2010 and fixed it up, sort of, and attempted to get $27.5 million in 2011 on a promise to finish the construction. He didn’t, so far as I know, but he accomplished enough that these sellers were willing to pay $17 for it in 2014.