Still, I think if I was rich, I'd rather build a skyscraper and live in the top floor or two.

Well, the way I see this, I won't believe it until it's built. Hope it does get built though.

Aside from bragging rights that the OKC metro has the largest house (but certainly nowhere near the most valuable) in the US, what excites you so much and/or what benefit does a giant secluded mansion give anybody?

The Sea Serpent in the moat maybe?

The Sea Serpent in the moat maybe?

Is that what we're calling it these days?!

One would assume that if he is going to build this behemoth that he would implement some kind of self-sufficient utilities (residential solar installations or the like). But who knows.

One would assume that if he is going to build this behemoth that he would implement some kind of self-sufficient utilities (residential solar installations or the like). But who knows.

These are used car sales guys, I don't think self-sufficient facilities are high on their priorities

Aside from bragging rights that the OKC metro has the largest house (but certainly nowhere near the most valuable) in the US, what excites you so much and/or what benefit does a giant secluded mansion give anybody?Property taxes. A new landmark. Possible future trend for the area that would signify a huge revenue boost for Oklahoma County and possibly Logan county which needs revenue really bad. Also, I think the house is beautiful.

There goes my neighborhood.

Traxx,
Interesting thought, but did you know that Vanderbilt built the Biltmore mansion with a requirement that when he was on the veranda of the fifth floor, he wanted to own everything he could see? So, he bought all the land around him. And I have been there, you can't see it till you are in the closest parking lot. Most of his land has been donated to the National Park Service so the privacy has been maintained. some folks (me included) prefer privacy.
C. T.
I don't know whether it'll be visible from the road or not but I tend to think you could at least see the spires. But I think if you're building the largest single family home in the country and it looks like a castle with a bunch of spires and a drawbridge, then you're building it for people to see. You're not building it to so no one but you sees it. You're building it to show off.

Wow! If done appropriately, I think this could become an architectural icon. The details in the elevation drawings look very elaborate, I love it! I'm gonna guess around $45 million.

I bet you have to defeat three challenges and a years worth of servitude just to get in and ask a question.

Seems like a very bad case of spires envy. To each their own interests though.

This is supposed to be built by a tote-the-note auto dealer? I'm with Brian, he may have lots of money, but not that kind of money.

Someone on FB told me in comment he is 65 million, so take that for what it's worth. I have done not even the slightest bit of research on it.

He also just opened the Tio Chuys car lot on I -35 ,

All of you doubters will won't be laughing when the Visigoths make their comeback.

Someone on FB told me in comment he is 65 million, so take that for what it's worth. I have done not even the slightest bit of research on it.

He's nowhere near 65-million minus debt.

He's nowhere near 65-million minus debt.I have no idea what he worth, just stating what I heard. I kind of thought that number was a bit high myself.

Put me as one who would be surprised if this is built. Given the fact that there is no bank in this country that would touch something like this given there is no comps anywhere close to this, he must be largely paying for this out of his pocket. I mean, is peddling used cars to people with s****y credit that lucrative? Maybe I'm in the wrong business.

I gotta say, this sounds extremely similar to the case of US Fidelis (http://www.kmov.com/news/just-posted/Thousands-wait-for-refund-check-for-deceptive-warranties-through-US-Fidelis-226844781.html). Of course they were just peddling car warranties, not actual cars. But that guy largely funneled his company's revenue into building himself a supersized mansion (http://wcfcourier.com/business/local/st-louis-area-mansion-remains-money-losing-legacy-for-us/article_9637b38c-f3cc-11df-bb2f-001cc4c002e0.html) on the outskirts of St Louis, somewhere in the neighborhood of $30 million.

I hate to rely on innuendo, but I've learned if it doesn't make sense, there's probably something wrong. We are talking about the owner of a few used car lots, not the CEO of some F500 company.

Future Edmond home to be one of nation’s largest houses
James Coburn
The Edmond Sun

EDMOND — Plans are to construct one of the largest homes in the United States within the City of Edmond limits.

Key Auto Group owner David Frayer plans to build a 92,650-square-foot home on 160-acres on the northwest corner of Sorghum Mill and Westminster, said Bob Schiermeyer, city planner. The castle-like home will include multiple spires, he said.

“The walls will be a good 40 feet and then they may have spires that go up 90 feet in height,” Schiermeyer said.

The City of Edmond does not place a limit to the square footage of a house. The house will be constructed near the center of the tract, according to minutes of the Edmond Board of Adjustment.

“The variance from this board is permanent,” Schiermeyer said. “So they can take some time and build it later or build it in the next few months. They’d be ready for a permit anytime.

“They don’t have a permit now.”

Access to the Frayer property will be from Westminster. The Quo Vadis Addition is located to the south and acreage home sites are located to the east. The land to the north and west is undeveloped.

At 178,000-square-feet in size, the Biltmore House ranks as the largest privately owned and historic house in the United States. George Washington Vanderbilt II built the Châteauesque residence in Asheville, N.C.

The Frayer home would be the largest in the state, exceeding the 35,000-square-foot Yukon residence of Bob Funk, founder and CEO of Express Employment Professionals.

However, the Frayer house will be the fifth-largest home in the country after its construction is completed, according to information listed at Wikipedia.

- See more at: Future Edmond home to be one of nation?s largest houses » Local News » The Edmond Sun (http://www.edmondsun.com/local/x334201788/Future-Edmond-home-to-be-one-of-nation-s-largest-houses#sthash.yEAUxJWh.dpuf)

So NOT the biggest house in the country.

http://d6673sr63mbv7.cloudfront.net/archive/x787220585/g000258000000000000b0d21dcdb4fe1bd7df788995edbe9cd 18f28d556.jpg I think it is beautiful and hope it gets constructed.

Anybody know how much he paid for the land ?

It wouldn't be the largest house in the country, but the largest single-family house, right? The Biltmore Estate (178,926 sf) is privately owned but is now a museum. Oheka Castle (112,895 sf) is now a hotel and a wedding venue. The Arden House (100,000 sf) is now home to the Research Center on Natural Conservation and is also a conference center. Winterthur (96,582 sf) is now a museum and library. The Frayer Castle is smaller than these but would be the first on the list to be solely a private residence.

Just leaking this rumor has put his name in the news. Good P.R.

Just leaking this rumor has put his name in the news. Good P.R.

Come buy a used car from me so I can build the largest residential home in the country is good P.R.? Truth be told, there are a lot people out there who like to be linked in some way to news makers so you are probably right. After all, every local news station in America always has the 'local connection' to every world event. Personally, if I bought a car from someone who did this I couldn't help but feel that I got way over charged.

On a side note - when I looked to get my house repainted I got an estimate from RhinoShield (after all - their commercials said it wasn't expensive as I think). The estimator came rolling up to my house in a Corvette and guess what - it turned to be just as expensive as I thought. Maybe if they didn't send their salesmen out in Corvettes... anyhow, I digress.

Have you seen/heard the prices and interest the Key charges? Of course folks are overcharged.

People who buy there are desperate, and end up paying 30-40k for a 15k car.

Have you seen/heard the prices and interest the Key charges? Of course folks are overcharged.

People who buy there are desperate, and end up paying 30-40k for a 15k car.

Who else is going to take a chance on them?

All of you doubters will won't be laughing when the Visigoths make their comeback.

What percentage of people here know what a Visigoth is? 40/60 maybe.....

What percentage of people here know what a Visigoth is? 40/60 maybe.....

I almost went with Huns or Mongols but for comedy value you've got to go Visigoth.

What percentage of people here know what a Visigoth is? 40/60 maybe.....

i'd imagine it's a higher percentage than those who know who dean learner is. -M

i'd imagine it's a higher percentage than those who know who dean learner is. -M


Yes, but not a higher percentage than those who know who Dean Wormer is.

The drawings are definitely beautiful and would be awesome. Let's get back to reality first...if he pulls this off, I wager most of what we see will be stucco that will go flying in the first hail storm.

The drawings are definitely beautiful and would be awesome. Let's get back to reality first...if he pulls this off, I wager most of what we see will be stucco that will go flying in the first hail storm.

One thing we know for sure, they don't even build castles the way they used to.

One thing we know for sure, they don't even build castles the way they used to.

Indeed. Of course no one outside Bill Gates and a few others could afford it. LOL

The drawings are definitely beautiful and would be awesome. Let's get back to reality first...if he pulls this off, I wager most of what we see will be stucco that will go flying in the first hail storm.Hopefully not, but I'm beginning to think at least 50 million would be needed to do a decent job on this. I believe this guy is biting off more than he can chew. Hopefully he builds it though and does a good job.

Hopefully not, but I'm beginning to think at least 50 million would be needed to do a decent job on this. I believe this guy is biting off more than he can chew. Hopefully he builds it though and does a good job.

Yeah it would be cool to see. If he cuts corners though and half of it falls down in the first 30 mph breeze we get, then he'll have a lot of egg on his face and empty pockets.

It will be tornado proof and will be built right. But seriously, do not believe everything you hear on the half researched report from the News. They invaded the Frayer's privacy and started reporting on things that the Frayer's had already changed. This pics you see of the house is not even what it is going to look like.

Sorry you do not like how David makes his money but there are customers who thank him daily for the opportunity to buy such a nice car when everyone else turned them down. Also, they work with customers through hard times down to the point where they have helped find jobs and given out interview clothes to their customers.

Some of you on here need to stick your nose somewhere else because you do not know David's financials and will never know. He WILL be able to afford this and to keep it. He came from nothing and has always taken care of his family. He works his ass off and there is nothing wrong with how he spends it. He is not dumb with his money and is brilliant at business. This is not his only business by the way, he is an investor as well.

This house is not a big deal, just another home with more square footage because they throw lots of parties and half of the house is an entertainment area for parties and kids gatherings.

It will be tornado proof and will be built right. But seriously, do not believe everything you hear on the half researched report from the News. They invaded the Frayer's privacy and started reporting on things that the Frayer's had already changed. This pics you see of the house is not even what it is going to look like.

Sorry you do not like how David makes his money but there are customers who thank him daily for the opportunity to buy such a nice car when everyone else turned them down. Also, they work with customers through hard times down to the point where they have helped find jobs and given out interview clothes to their customers.

Some of you on here need to stick your nose somewhere else because you do not know David's financials and will never know. He WILL be able to afford this and to keep it. He came from nothing and has always taken care of his family. He works his ass off and there is nothing wrong with how he spends it. He is not dumb with his money and is brilliant at business. This is not his only business by the way, he is an investor as well.

This house is not a big deal, just another home with more square footage because they throw lots of parties and half of the house is an entertainment area for parties and kids gatherings.

Hi David's wife and welcome to the forums.

Since this is gonna look like a castle, can I come over and climb on the house and do parkour like on Assassin's Creed? I think this house would be perfect for that. TIA

This is not his only business by the way, he is an investor as well.


Why does this not come as a surprise?

It will be tornado proof and will be built right. But seriously, do not believe everything you hear on the half researched report from the News. They invaded the Frayer's privacy and started reporting on things that the Frayer's had already changed. This pics you see of the house is not even what it is going to look like.

Sorry you do not like how David makes his money but there are customers who thank him daily for the opportunity to buy such a nice car when everyone else turned them down. Also, they work with customers through hard times down to the point where they have helped find jobs and given out interview clothes to their customers.

Some of you on here need to stick your nose somewhere else because you do not know David's financials and will never know. He WILL be able to afford this and to keep it. He came from nothing and has always taken care of his family. He works his ass off and there is nothing wrong with how he spends it. He is not dumb with his money and is brilliant at business. This is not his only business by the way, he is an investor as well.

This house is not a big deal, just another home with more square footage because they throw lots of parties and half of the house is an entertainment area for parties and kids gatherings.But... but.. it's not fun to have the facts!!!! It's funner to bash rich people because we weren't successful as they were and dammit, they owe us money!!!!!!!! /sarc

lynn1124, if there is one thing I've learned about the internet, rationality does not exist. You can't rationalize with someone who is upset that this house is being built and blames the guy for making money for himself. I don't know much about The Key, but my father owns a car lot/rental business down the street from it, and from my experiences dealing with them, they seem like great people.

I've also heard from multiple people that David did NOT want this publicized and the City of Edmond got over excited and something was spilled and when the news got wind of it, it was sure to come out.

Why does this not come as a surprise?Why wouldn't it? Seriously... So since we can't just use the term "used car guy" to describe David anymore, are we mad the he has made other successful investments?

Hi David's wife and welcome to the forums.

Since this is gonna look like a castle, can I come over and climb on the house and do parkour like on Assassin's Creed? I think this house would be perfect for that. TIAAbout the response I'd expect to a reasonable and well thought-out post.

We shall see!

And we have an architect jumping on the band wagon to bash someone that is stating the facts. Jealously is such an ugly trait

About the response I'd expect to a reasonable and well thought-out post.

garlic bread

This is not his only business by the way, he is an investor as well.Why does this not come as a surprise?
Why wouldn't it? Seriously... So since we can't just use the term "used car guy" to describe David anymore, are we mad the he has made other successful investments?

Because in 2014 America you can't achieve this level of success without the congressionally supported Wall Street machine. Anyhow, that is a topic for another thread, of which there are several.

garlic breadI understand.

Because in 2014 America you can't achieve this level of success without the congressionally supported Wall Street machine. Anyhow, that is a topic for another thread, of which there are several.Well, geeze.... that makes me feel better lol..... I wouldn't have expected him to be able to fund a house like this solely from a used car lot.

No problem with someone building a house. No matter how big.

However, predatory lending and legal (for now) loan sharking; yes, that I have a problem with. And just because someone is desperate doesn't justify taking advantage of them.

Mobsters I'm sure defend their loan sharking with the same logic.

Loaning desperate people money at extremely high rates isn't charity, or kindness. It's the worst type of usury. Right up there with the payday loans and such. Like the lottery, it's making money off the poor, stupid, and desperate.

No problem with someone building a house. No matter how big.

However, predatory lending and legal (for now) loan sharking; yes, that I have a problem with. And just because someone is desperate doesn't justify taking advantage of them.

Mobsters I'm sure defend their loan sharking with the same logic.

Loaning desperate people money at extremely high rates isn't charity, or kindness. It's the worst type of usury. Right up there with the payday loans and such. Like the lottery, it's making money off the poor, stupid, and desperate.

Not taking issue with your stance (I share it in some ways), but I hope you've taken a hard look at who picks your fruit and vegetables you buy at the store, how much blood is shed for $.54/lb bananas and who is behind the machines that make the cheap clothing, electronics, and household products WE ALL buy for our benefit and the financial benefit of those who retail it to us.

I find it very difficult to win an argument by simply (and only) pointing the exploitation finger when everyone is guilty of supporting and benefiting from the exploitation of others. Not saying its right - just saying we are all guilty of it. That argument quickly becomes a circle - you point the finger at someone or a group and they can find a way to point the finger back at you. Doesn't mean we stop pointing it out when we see it, I just like to be reminded it happens all around us.

I would say that is a false dichotomy. Paying for goods sold is subject to market forces, competition, and supply. I can choose to buy bananas elsewhere, and in fact do make an effort to support local growers (not of bananas, but other produce), for example. And yes, I try to be aware of the unseen cost behind my purchases. I don't own an iphone nor shop at wal-mart for a reason. And I also know I'm not perfect, and can't be sure every purchase or transaction I make doesn't have a hidden cost. It doesn't mean I can't be cognizant and try each day to be better.

However, folks who make use of payday loan centers and buy here pay here car lots are often desperate, without options, and don't have options. A recent study I saw showed that the amounts payed by borrowers are these places are HIGHER than the organized crime ran loan shark rates. I've got to say, if your business model makes the mob look good, maybe there's something wrong. Yeah, he's making use of some Marketing gimmick some guy from Denver developed and putting some lipstick on the "Guaranteed Auto Credit" pig, but it's still the same terms and treatment as you'd get from the buy here pay here lots on 39th.

Now, this is all legal, and so more power. But that doesn't make David or anyone else in this line above criticism.

So NOT the biggest house in the country.

http://d6673sr63mbv7.cloudfront.net/archive/x787220585/g000258000000000000b0d21dcdb4fe1bd7df788995edbe9cd 18f28d556.jpg I think it is beautiful and hope it gets constructed.

The picture at the top of this thread showed towers that looked like towers.
This pictures seems to be showing minarets.

I would say that is a false dichotomy. Paying for goods sold is subject to market forces, competition, and supply. I can choose to buy bananas elsewhere, and in fact do make an effort to support local growers (not of bananas, but other produce), for example. And yes, I try to be aware of the unseen cost behind my purchases. I don't own an iphone nor shop at wal-mart for a reason. And I also know I'm not perfect, and can't be sure every purchase or transaction I make doesn't have a hidden cost. It doesn't mean I can't be cognizant and try each day to be better.

However, folks who make use of payday loan centers and buy here pay here car lots are often desperate, without options, and don't have options. A recent study I saw showed that the amounts payed by borrowers are these places are HIGHER than the organized crime ran loan shark rates. I've got to say, if your business model makes the mob look good, maybe there's something wrong. Yeah, he's making use of some Marketing gimmick some guy from Denver developed and putting some lipstick on the "Guaranteed Auto Credit" pig, but it's still the same terms and treatment as you'd get from the buy here pay here lots on 39th.

Now, this is all legal, and so more power. But that doesn't make David or anyone else in this line above criticism.

Except for the people that have to pay high interest have subjected themselves to those loans mainly because of bad credit decisions. It's the exact same market forces. Those people are a higher risk of default and walking away from a loan therefore they will pay an ultra premium for the loan. People just need to be educated better about credit and good and bad debt.

Anything new on this. Wouldn't be surprised to this disappear or fizzle out.

The 5 houses that would be larger are all museums now and not single-family, which would make this the largest single-family house.

Also, you should watch the documentary on that house. They ran out of money the first time around with the recession. Looks like he made a lot of money back.

I would not classify the Biltmore as a museum. While it may have tours, it is still America's largest privately owned home (still owned by Vanderbilts grandson). The owner could wake up tomorrow and say that he wouldnt prefer to just stop the tours and his family occupy the house, and Im pretty sure there would be no problem with him doing it. The other houses on that list appears to be owned by corporations.

I remember this "Queen of Versailles" movie. Time share mogul took 3 -4 years to build Versailles in Florida, still may not be finished.
I worked on the Hibdon house near Mustang and it took 4 years and was an ambitious 25,000'. I'd think you'd have to have a net
worth of $ 200 million to construct and afford a $ 50 million house and then it would still take four years to complete.

We'll see.

the-queen-of-versailles-shows-off-the-progress (http://gawker.com/the-queen-of-versailles-shows-off-the-progress-on-her-1401640614)

Stan,
I heard that the Hibdon's house was a two bedroom. Is that correct?
C. T.
I remember this "Queen of Versailles" movie. Time share mogul took 3 -4 years to build Versailles in Florida, still may not be finished.
I worked on the Hibdon house near Mustang and it took 4 years and was an ambitious 25,000'. I'd think you'd have to have a net
worth of $ 200 million to construct and afford a $ 50 million house and then it would still take four years to complete.

We'll see.

the-queen-of-versailles-shows-off-the-progress (http://gawker.com/the-queen-of-versailles-shows-off-the-progress-on-her-1401640614)

If they ever break ground (and that is a huge 'if') - this is my prediction..... Urban Exploration Magazine - The Funhouse - Kirby's Mansion (http://www.urbanexplorationmag.com/articles/item/87-kirbysmansion)

Stan,
I heard that the Hibdon's house was a two bedroom. Is that correct?
C. T.

I believe so, although each of the two bedrooms had two floors, including upstairs and downstairs bathrooms.
The daughter's room had it's own dance floor plus a deck and that room was bigger than a lot of houses.

1 1/2" to 2" thick marble and granite everywhere. The dining room table was custom built from 2" thick marble
and 20-25' long. Heaviest dining table I've ever seen.

I remember this "Queen of Versailles" movie. Time share mogul took 3 -4 years to build Versailles in Florida, still may not be finished.
I worked on the Hibdon house near Mustang and it took 4 years and was an ambitious 25,000'. I'd think you'd have to have a net
worth of $ 200 million to construct and afford a $ 50 million house and then it would still take four years to complete.

We'll see.

the-queen-of-versailles-shows-off-the-progress (http://gawker.com/the-queen-of-versailles-shows-off-the-progress-on-her-1401640614)

Well i worked on it also , but it was in Newcastle and not Mustang Stan!

Sounds like this guy is sadly full of unmitigated hubris.