And we're not speaking metaphorically. It really is overrun by velvet (although Liberace would probably feel right at home here). This latest visual assault features "Visually stunning custom velvet walls with vibrant colors of reds, pinks, fuschias and oranges...Bedrooms are canopied, swagged, with gold vein mirrored walls, ceiling to floor drapes creating an exotic and opulent atmosphere. The furnishings are custom in matching materials and colors,the pool is gorgeous, the grounds are impeccable, and the piece de resistence, a Pink Princess telephone in the master bedroom!" Price to live in this Palm Springs polyester pleasure palace: $1.095 million.