Princess Margaret’s Historic French Home Is Going To Auction

Princess Margaret of Denmark was the fifth child of Prince Valdemar of Denmark and his wife Princess Marie of Orléans. Extensively connected to European royalty, she was a cousin of Queen Elizabeth of England, as well as rulers of Russia, Greece, Hanover and Orléans. She married Prince René of Bourbon-Parma, with whom she would have four children. The couple resided mostly in France but were forced to flee the Nazis during World War II. Escaping through Spain to Portugal to New York, the princess worked making hats while her husband worked at a gas company and her oldest daughter as a shop clerk to make ends meet until the war was over and they were able to return to Paris.

The Côte d’Azur estate where Princess Margaret and René made their home has recently been listed for sale at a no-reserve auction on May 16th. Overlooking the French Riviera, the one-of-a-kind residence is known as La Carriere. It dates back to the 1920s, a majestic manor house built into the stone walls of a fortress. The stunning villa melds rustic charm with modern luxury, while the walls provide the ultimate in privacy and security. The list price, prior to auction, was $12 million.

Arched windows-and-stone accents give the villa a unique and enduring style. Warm colors on the walls provide an inviting atmosphere. Antique high-beamed ceilings and a majestic fireplace add grandeur to the living room. Five bedrooms and six bathrooms offer plenty of room for family and guests. A spacious kitchen and gorgeous formal dining room are perfect for entertaining. Multiple terraces offer generous views of the Riviera, the Villefranche Bay and the impressive local Cap Ferrat, plus the turrets and ramparts of the castle-like surrounding fortress. The rooftop deck includes a built-in Jacuzzi. The landscaped grounds include lush lawns, mature trees, beautiful gardens, plus a pool surrounded by a stone grotto. The pool complex includes a detached studio.

Côte d’Azur refers to the coastline of the Mediterranean Sea in southern France. One of the world’s first resort areas, it has long been a summer destination for Europe’s royalty, world celebrities, and artists, including Pablo Picasso and Henri Matisse. About half of the world’s super yachts visit the region every summer. With over 310 days of sunshine per year, the 71 miles of coastline and beaches are home to 18 golf courses, 14 ski resorts and 3,000 restaurants.

La Carriere is located in the town of Villefranche-sur-Mer, nestled between Nice and Monaco. In addition to sunny beaches and sparkling waters, the village is known for its well-preserved historic downtown and thriving arts scene marked by numerous galleries, museums and events. Despite all the historic charm and natural beauty, Côte d’Azur international airport is only fifteen minutes away. Other celebrities with nearby villas include Bill Gates, Elton John and Bono. Princess Margaret died in 1992.

The auction will be held by Concierge Auctions. Photos courtesy Concierge Auctions.

For more celebrity home news and celebrity home video tours, visit TopTenRealEstateDeals.com.

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Estate Agent Talk

How Technology is Changing the Prime Property Viewing Experience

The world of luxury real estate has always been about delivering a premium, personal experience. But in today’s rapidly evolving digital landscape, even the most traditional sectors are being reshaped by technology—and prime property viewings are no exception. From augmented reality to AI-driven virtual tours, the way buyers interact with high-end properties has changed dramatically.…
Read More
Love or Hate Rightmove
Breaking News

Average two-year fixed mortgage rate for 60% LTV now cheaper than five-year rate

The average two-year fixed mortgage rate for those with a 40% deposit (60% LTV) is now cheaper than the average five-year fixed equivalent, the first time this has happened since the mini-Budget The average two-year fixed, 60% LTV mortgage rate is now 4.18%, while the five-year equivalent is 4.19% The gap between average two-year fixed…
Read More
Overseas Property

How UK Property Investors Can Manage Exchange Rate Risk When Buying Off-Plan Overseas

Off-plan purchases are especially common in developing overseas property markets with a high proportion of international investors. In these less mature markets, a significant share of stock is sold directly by developers, making off-plan transactions a natural sales model. These opportunities appeal to international buyers because they typically require less upfront cash due to extended…
Read More
Breaking News

Foxtons Lettings Market Index – March 2025

London rental market gains momentum as new rental listings surge, Foxtons data shows   March saw a 14% increase in new rental listings across London compared to February Applicant registrations rose by 11% month-on-month in March. Year on year, demand was stable, tracking just 2% below March 2024 levels The average rent in March stood…
Read More
Breaking News

UK’s mid-market firms show improved business growth in March but economic uncertainty continues

Key findings: NatWest’s Mid-market Growth Tracker shows improved business growth in March, led by a strong service sector performance SMEs register a softer decline in output levels during March Market conditions remain challenging and we could see continued challenges in the coming months   Mid-market businesses continued to outperform the wider UK economy in March,…
Read More
Breaking News

ONS Private rent and house prices UK – April 2025

The Price Index of Private Rents (PIPR) measures private rent inflation for new and existing tenancies. The UK House Price Index measures house price inflation. Main Headlines Average UK monthly private rents increased by 7.7%, to £1,332, in the 12 months to March 2025 (provisional estimate); this annual growth rate is down from 8.1% in…
Read More