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5 super-expensive foreclosures for sale (© Engel and Volkers)

Million-dollar-and-up homes are the fastest-growing segment of the U.S. foreclosure market, with banks seizing some 335% more such properties in 2010 than they did in 2007.  Blomquist says he suspects more and more rich people are falling into foreclosure because they had mortgages they could easily afford in good times but can no longer cover in today’s tough economy.  “No matter how wealthy you are, there’s always that potential that you’ll lose your job,” he said.

5 super-expensive foreclosures for sale (© Engel and Volkers)

The Villa Mar Vista Estate, Laguna Beach, Calif.

List price: $20 million
Bedrooms: 4
Bathrooms: 7
Square footage: 11,333
Lot size: 11.8 acres
Year built: 2010
Listing broker: Richard Leavitt
This newly built estate’s listingdescribes the property as “a sublime junction of privacy, acreage, generous interiors, tasteful design, plentiful outdoor spaces and vast coastal vistas.”

About an hour south of Los Angeles in tony Laguna Beach, the contemporary-style home features four bedroom suites, six full bathrooms and one half-bath, an in-home theater, an infinity-edge pool, a spa, a 20-car garage and a private heliport.

5 super-expensive foreclosures for sale (© Hurwitz James Co.)

The Razor, La Jolla, Calif.

List price: $19.4 million
Bedrooms: 4
Bathrooms: 8
Square footage: 11,000
Lot size: 0.77 acres
Year built: 2007
Listing broker: Bob Hurwitz
You’ll have to act fast if you want to buy the Razor residence, because it’s going up for auction Sept. 28 if it hasn’t sold by then. Bidding will start at $16 million — cash only, please. (<–LOL REALLY, LET ME LOOK UNDER MY MATTRESS)

The 11,000-square-foot contemporary-style home features four bedrooms, six full bathrooms, two half-baths, two fireplaces, a heated pool, a dog run, an eight-car garage and a two-space carport.

5 super-expensive foreclosures for sale (© John Hall & Associates)

East Mockingbird Lane, Paradise Valley, Ariz.

List price: $18 million
Bedrooms: 7
Bathrooms: 10
Square footage: 17,015
Lot size: 4.9 acres
Year built: 2009
Listing broker: Joan Levinson
This estate features a main house with five bedrooms, three family rooms, two libraries, a billiard room, a wine room, a piano room and a hidden “panic room.” There’s also a mahogany in-home theater with a Dolby sound system and 13 seats that move in sync with the screen action. (A talking, singing Elvis Presley robot greets you at the theater’s glass entrance booth.)

Other amenities include a two-bedroom guest house, two swimming pools, an on-site solar-power station and a $1.2 million security system. There’s climate-controlled garage space for 21 cars — including a four-car “show garage” outfitted with restored genuine gas pumps from the 1920s and ’30s.

5 super-expensive foreclosures for sale (© Gustave White, Sotheby's International Realty)

The Wyndham Estate, Newport, R.I.

List price: $7.9 million
Bedrooms: 7
Bathrooms: 8
Square footage: 12,500
Lot size: 7.7 acres
Year built: 1891
Listing broker: Paul Leys
Less than a mile from Newport Harbor on the Atlantic Ocean, the Wyndham Estate combines classic 19th-century looks with 21st-century updates.

The Baronial-style mansion features seven bedrooms, eight bathrooms, four fireplaces, a ballroom, a music room and a rooftop deck and whirlpool with ocean views out to Martha’s Vineyard some 20 miles away. The manicured grounds also host a man-made pond, a waterfall and garage space for nine cars.

5 super-expensive foreclosures for sale (© Russ Lyon, Sotheby's International)

Biltmore Estates Drive, Phoenix

List price: $7 million
Bedrooms: 9
Bathrooms: 11
Square footage: 17,799
Lot size: 1.04 acres
Year built: 2002
Listing broker: Sandra Baldwin, Russ Lyon Sotheby’s International, 480-287-5200
In Phoenix next to the Arizona Biltmore Golf Course, this one-acre estate features nine bedrooms, 11 bathrooms, five fireplaces, an in-home theater, a library, a wine cavern and al fresco patios, balconies and outdoor dining/dancing terraces. The rear courtyard hosts a massive heated pool and an adjacent spa.