It’s a multimillion-dollar New Jersey mansion with over-the-top features to match — but no buyer has taken the bait.
That’s why the Garden State’s priciest listing — a gated 15-acre estate in Morristown whose features include an 80,000-gallon swimming pool, a 30,000-square-foot custom-built home and landscaping with over 100 imported trees — has just lowered its asking price to $39 million.
The glitzy property originally asked $45 million when it hit the market last October. That means a discount of 13.33 percent.
Spring fever is one reason for the price cut.
“The [sellers] became motivated in prime selling season,” says Douglas Elliman’s Whitney Didier, who’s marketing this property.
The sellers, as The Post has previously reported, are a couple named Joe and Kathy Grano, who have (appropriately) entertained high-profile guests in their home. That list includes former New York Gov. George Pataki and Home Depot co-founder Ken Langone.
“It’s made for entertaining,” Didier says of the six-bedroom home. “It’s fabulous.”
Inside, there’s a family room, whose triple sets of French doors lead to a rear porch, a skylit great room, a formal dining room, a pub room with a custom bar and a chef’s kitchen with two islands. On the lower level, there’s a recreation room and theater.
Outside, there are three outdoor kitchens, two spas with hot tubs, a tennis court, a pool house and a guest/staff house with a living room, kitchen and one bedroom.
The home — laid out in a butterfly-style plan — took several years to build, with helping hands such as WESKetch Architecture and Frank Delle Donne, and includes materials inspired by the owners’ travels. For instance, the light fixtures in the pub room come from London and its fireplace is from Portugal; the kitchen’s ceiling features terra cotta from Italy, and Jerusalem limestone makes up the floors of the wine cellar.
The property, which was completed in 2008, may not wear its priciest-in-Jersey crown for much longer. A 30,000-square-foot mansion in Alpine — a 12-bedroom spread that originally asked a cool $68 million in 2010 — will once again take the prize for the state’s most expensive listing when it returns to market for $48 million.
