Casa Nana, Estate of the Day

I mentioned this estate earlier this year when the Wall Street Journal reported that Florida car dealer, Terry Taylor has listed his Palm Beach, Florida home for $72.5 million which is almost three times what he paid in 2003. Over the last year so so Palm Beach real estate has remained strong (the Kimmel estate sold for $81.5 million in April and Trump had his $100 million sale in Palm Beach in May) while the rest of Florida has plummeted but this one hasn't been snapped up yet. It certainly is a Palm Beach prize, the main house was built circa 1924 and designed by veteran Palm Beach architect Addison Mizner. It has nine bedrooms, 15 bathrooms, a movie theater with a ticket window and concession stand, an exercise room, a wine cellar, pool, large pool house and two three-car garages, each with a second-floor guest apartment. The deliciousness here is in the details, in the moldings and finishes and classic lines that could give you neck strain from craning your head around to take it all in.

The Taylors have made updates, renovating the kitchen and restoring most of the leaded-glass windows as well as repainting the home but much of what makes this home beautiful is that it has stayed as true to the way it was built as possible. This home is in move-in condition and has 268 feet of ocean frontage. It may remain on the market a little while longer but I would guess it will sell for fairly close to the exorbitant $72.5 million asking price. After all, there are only so many Palm Beach Mizners to go around.

Experience more lush living in luxury homes and mansions or see the stars living large with celebrity homes galleries at AOL Real Estate.