With a price tag grazing $70 million, the Villa Alang Alang in Cannes Le Californie district is currently the most expensive house on the white-hot real estate market of the French Riviera
Photo Credit: Knight Frank French Riviera
It's not a surprise, then, that Sting gave a private, impromptu performance for a select group of music-industry invitees at Live Nation's annual Cannes Lions wrap party at Alang Alang last week. In short, there's no fire sale here, which is a way of saying that even the most sharp-fanged buyer will be unlikely to tear this asking price down by much. The place is fully booked during the Cannes Film Festival and all the other conventions during the year.
Some history is in order to explain how the gargantuan 17,200-square-foot property got put together. La Californie Pezou, as the district is formally known, lies just east and north of the center of Cannes, on the relatively gentle gradient sweeping from the oceanfront to the hills above town.
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