[quote author="xoneinax" date=1244357050]Is this a one-story home ? With 5500 SF that is quite expansive</blockquote>
5,500 square feet isn't a house-it's a shopping center (especially if it's one story). Seriously, who needs a house this big? You basically need a full-time butler/maid/whatever to take care of the place. Not to mention the heating/cooling bill, the cost to furnish such a huge place, etc. Anything above 3,000 sq ft is complete and utter overkill, IMHO. Heck, I would say 2,000 sq ft is perfectly fine for up to a family of five (husband, wife, three kids). Provided it's a four bedroom, one story, you could make do with 1,750 sq ft, or maybe even a bit less, for a family of five-that is to say, a house less than a third of the size of this one. (You need a little more for a two story, since a staircase eats up 150 sq ft of space, maybe more.)
These houses only make sense if you really are rich and can afford the help and the bills associated with such a huge place, or if you have several generations of family living there (husband, wife, five kids, grandparents on both sides, their cousin from Phoenix who can't find a job, Kato Katlin, etc.).