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Location: Lake Forest, Ill.
Price: $12,000,000
The Skinny: After Edward, Duke of Windsor abdicated the throne in order to marry American divorcee Wallis Simpson, the couple shacked up at this English-inspired estate on the shores of Lake Michigan, the guests of Laura Shedd. The 27-room mansion had been a wedding present from Laura's father, the president of Marshall Field & Co., on the occasion of her marriage to Charles Schweppe. Laura passed away in 1937 and, four years later, a lonely Schweppe shot himself. For 50 years, the grand mansion sat empty, said to be haunted by the spectre of Schweppe, until the place underwent a year-long renovation in 1990. Today, the 33,000-square-foot mansion is one of the region's most remarkable feats of preservation, and though the sprawling original grounds have been subdivided and sold off, the house retains its direct views of the lake. Bank-owned following a foreclosure, the house is now listed for $12M, down from a high of $18M.
· 405 N Mayflower Rd [Zillow]
· Famed Schweppe Estate Back on the Market for $12 Million [Curbed Chicago]