During the 1990s, Saperstein built a 12-bedroom, 15-bathroom Versailles-style estate for his then-wife, Suzanne, sprawled across several acres on Carolwood Drive in Holmby Hills. The home is listed by "Forbes" magazine as one of the most expensive in the United States, with an estimated property value of about $125 million. The compound, which according to "W" Magazine is inspired by France's 17th-century Vaux-le-Vicomte, occupies about and is called Fleur de Lys ("Lily Flower" in French). The home took five years to build and the couple were divorced 18 months after it was completed. His wife Suzanne had the house on the market at a listing price of $125 million shortly after divorcing her husband. He also owns a horse ranch nestled in the hills at the east end of Simi Valley, California, called Hummingbird Nest Ranch. The ranch has a main villa, a period ranch house, four guest houses, and stables for dozens of horses. By 2014, the 126-acre property had become a self-contained village with housing for staff, a commercial laundry, water wells, diesel generators, a gasoline pump and a large solar panel field.