We write about expensive homes all the time, but this one … well, this one’s $ 47.5 million.

What does $ 47.5 million get you, you wonder? Well, pretty much everything. From space, to luxury amenities, to impeccable interior design and award-winning landscaping, this spectacular, 14,000-square-foot luxury estate in the Woodside community of San Mateo, Calif., has all your needs covered, and then some.

The four-bedroom, 5½-bathroom home in the San Francisco Bay area features a wine cellar with a 13,200 bottle capacity, a 15-seat cinema, fully equipped gym, computer controlled heating, lighting and security, an elevator, a dumb waiter and a seven-car garage. Oh, and a guest cottage. And a pine-tree-flanked swimming pool that is not to be believed. See pictures below (careful not to drool over that phenomenal wine cellar).

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Even without all the frills, the home would still be a winner. Our favorite, non-luxury features include the huge domed skylight above the circular foyer that floods the house with light, and the estate’s magnificent green grounds. We’re talking close to four glorious acres of trees that, as the pictures reveal, turn dazzling shades of russet-red and gold in the fall. Though, we’d bet they look stunning any time of year.

Anna Pennington Boucher of Sotheby’s International Realty has the listing.

Click on the images below to see more homes for sale in San Mateo, Calif.

See more Houses of the Day on AOL Real Estate.

Got a tip for House of the Day? Know of an exceptional or unusual property currently listed for sale? Please email krisanne.alcantara@huffingtonpost.com with your suggestions and be sure to include links to listing details and photos. (Due to the volume of response, we unfortunately are unable to respond to each submission.)

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AOL Real Estate – Blog

On the eve of the Nevada primary, in which housing policy will weigh heavily on residents of the foreclosure-ridden state, PBS’ “Need to Know” takes a closer look at what the housing crisis looks and feels like for locals. In the video special below, which airs in full at 8:30 p.m. EST tonight, the “Need to Know” team explores the pitfalls of trying to attain a mortgage modification. Claims about lenders who require borrowers to become delinquent before they can help them are legion, and “Need to Know” speaks with a Nevada woman whose story echoes the frustration of thousands of underwater homeowners. Watch a clip from the show below.

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AOL Real Estate – Blog

By Andrew Scoggin

New York Attorney General Eric Schneiderman filed a lawsuit Friday against three of the nation’s biggest banks and Mortgage Electronic Registration Systems over allegedly fraudulent foreclosure actions.

In the complaint, Schneiderman (pictured) said the creation of MERS led to a system that resulted in homeowners and public servants being unable to track their own mortgages.

MERS, in response, said that is not operating outside the law and that pass judgement will exonerate the validity of the electonic registry’s actions.

Read the full story on HousingWire.com.

More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.
Finds homes for rent in your area.

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AOL Real Estate – Blog

As encouraging housing statistics coupled with testimony from bullish real estate experts points toward a possible market turnaround, a handful of towns are leading the charge to recovery.

Somewhat counter-intuitively, many of the markets making the speediest recoveries also turn out to be some hardest-hit by the foreclosure crisis. Florida, which was walloped from the housing bust, contains a majority of these market forerunners.

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Drawing on rankings compiled by Realtor.com that determine top recovering markets — based on measures including year-over-year median price appreciation, year-over-year median inventory age and year-over-year inventory reduction — AOL Real Estate brings you the top 10 towns on the road to recovery. Click the gallery above to see the full list.

Also see:
Top 5 Real Estate Markets to Watch in 2012
Out-of-Towners Covet Florida Real Estate, Locals Scratch Heads

More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.

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AOL Real Estate – Blog

Nestled in the foothills of the scenic Bull Run Mountains, Dominion Valley Country Club offers resort-style living for the entire family. Unparalleled amenities here include an 18-hole Arnold Palmer Signature Golf Course, luxurious Clubhouse and Waverley Club, state-of-the-art Sports Pavilion, swimming pools, tennis courts, ball fields, new neighborhood schools, the onsite Market Square shopping center, and miles of recreational trails within carefully preserved wilderness areas. To find out more about the lifestyle, golf course and amenities, visit www.tollbrothers.com.
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Pacific Western Wood Products has signed an exclusive agreement with Kolay Flooring International to distribute Kolay Luxury Vinyl Flooring. PWWP will distribute and warehouse Kolay?s complete line of interlocking flooring planks from its Los Angeles headquarters. A Kolay flooring showroom has just been completed at PWWP?s facility and sales materials and samples are now available.

Kolay Luxury Vinyl Flooring is revolutionizing the vinyl flooring business. Kolay?s new interlocking wood-grain vinyl planks are easy to install and click together as they are laid on the floor. The 6-inch wide, 36-inch long planks, fit together creating a water-tight moisture barrier and require no adhesive. Kolay Luxury Vinyl Flooring is 100% waterproof and can be installed over existing floors including: concrete, natural wood, vinyl and linoleum. It is a commercial grade vinyl flooring but also ideal for kitchens, bathrooms and living spaces or any other residential applications. It’s easy to clean in addition to being scuff and stain resistant. It is available online at Pacific Western Wood Products.

Kolay manufactures lower cost, high-quality, long-lasting and renewable glueless flooring solutions that provide waterproof locking edges that a child could assemble. With eco-friendly products, Kolay emphasizes renewable resources and environmental preservation. In addition, Kolay prices are low enough so that its environmentally friendly vinyl flooring products are a first choice with better quality and more value for each dollar spent.

Kolay Luxury Vinyl interlocking plank flooring is available by the carton–14.22 sq. ft. each and by the pallet–896 sq. ft. each pallet. Quantity discounts apply. Visit Pacific Western Wood Products for more details and prices for Kolay Interlocking Vinyl Wood-Grain Planks.

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