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The exercise room , with ballet barre and mirror wall, has his and hers flat-screen TVs. There are four bedrooms - the master has a

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Michael Mastro's Dream House on the Block to Help Pay Off His $570 Million Nightmare Debt

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The exercise room, with ballet barre and mirror wall, has his and hers flat-screen TVs. There are four bedrooms - the master has a fireplace and lake view - three full bathrooms, two half-baths, a 250-bottle wine cellar, exercise pool, a dock on Lake Washington, and three boat lifts. This is what the state's biggest debtor Michael Mastro got for $15 million at 3435 Evergreen Point Road in Medina in 2006. But like everything else he's touched, it's worth a lot less today - going on the market at $9.9 million to help pay off some of his $570 million in arrears. The Puget Sound Business Journal has a 16-photo media slide of the Mastro mansion today. Be sure to check out the pool with a waterfall into the lake (below), where the bankrupt real-estate magnate watched his financial future trickle away.

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PSBJ/Dan Schlatter
 
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