Outrageous Orlando mansion is selling for $75 million

Updated

David Siegel, the billionaire owner of Westgate Resorts, is selling an Orlando mansion for a preposterous $75 million. The 90,000-square-foot megapalace, nicknamed Versailles (after the home of the beheaded French king and his Austrian bride Marie-Antoinette), is noted for one of its most salacious features: an octagonal bedroom fitted for a bed that rotates.

One more crucial aspect is noteworthy: It's not even finished.

If that master bedroom is too gaudy for you, you can choose from one of 12 other bedrooms. There are also 23 bathrooms, 10 kitchens, a garage for 20 cars, 1,250 lakefront feet, and three pools. The home is in Windermere, the same exclusive town in which Tiger Woods lives. Click here for a satellite view of the real estate monstrosity, on Lake Butler, so close to Walt Disney World's Magic Kingdom that the nightly fireworks show there is audible from the front yard.

Westgate Resorts, whose officers claim is the world's third-largest timeshare company, is one of the many parasites on Disney's big tourism cash cow. It represents eight resorts in Central Florida and claims 2 million owners and 10,000 employees worldwide. It also sells timeshares and condos and roping untold numbers of unsuspecting Orlando-area tourists into hours of hard-sell pitches for time-shares just so they can get free tickets to the Disney theme parks. I guess wasting countless Americans' vacation time really paid off.

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