When "Chateau Carnarvon" first hit the market, the mansion was touted as the most expensive home ever listed in Houston real estate history with a listing price of $43 million.

Now, the price tag for the 27,000-plus-square-foot, two-story mansion has been reduced to $30 million, according to its listing on Houston Association of Realtors' website and Martha Turner Sotheby’s International Realty's website.Despite the decrease, it’s still the priciest home for sale in the area. Kellie Geitner with Martha Turner Sotheby's is the listing agent. Click through the slideshow above to take a virtual tour of the multimillion-dollar estate.

Located at 100 Carnarvon Drive, the Neoclassical, Versailles-inspired mansion sits on 2.5 acres in the Memorial Villages area. Its ZIP code — 77024 — is one of the wealthiest in Houston.

Click here to read more about the most expensive home in Houston.