iOS app Android app More

1220 S Ocean Blvd: Incredible Palm Beach Estate For Sale For $74 Million (PHOTOS)

The Huffington Post  |  By Posted: Updated: 05/20/2012 8:17 am

The Barbie dream house is real -- and it isn't cheap.

The most expensive estate on the market in the Island of Palm Beach, this 20,129-square foot spec house on South Ocean Boulevard, completed just last year, is listed for a whopping $74 million.

Sound insane? It is. But believe it or not, the Wall Street Journal reports nearby homes have sold for $77.5 million and $68.5 million in the last few years. (They don't call it Billionaire's Row for nothing.)

The 20,129-square foot pad, which sits on 2.5 acres with deeded water access, boasts 9 bedrooms, 17 bathrooms, and 7,000 extra square feet of loggia, garage, and guest house. Described by the listing agent Jim McCann at the Corcoran Group as "an art collector's dream showcase home," the estate features inspirations from French architecture in intricate detailing from the front door to the crown moulding on the ceiling.

Blown away? Consider this: the home was originally listed for $84 million, so its current price is already nearly 12 percent off.

Salivate over photos of 1220 South Ocean below, or click here for more information.

Loading Slideshow...
  • 1220 S. Ocean Blvd.

    An aerial view of the $74 million home.

  • 1220 S. Ocean Blvd.

    Front gate entrance

  • 1220 S. Ocean Blvd.

    Front view of the home

  • 1120 S. Ocean Blvd.

    Ornate front door

  • 1220 S. Ocean Blvd.

    Staircase

  • 1220 S. Ocean Blvd.

    Dining room

  • 1120 S. Ocean Blvd.

    Kitchen

  • 1220 S. Ocean Blvd.

    Hallway

  • 1120 S. Ocean Blvd.

    Master bedroom

  • 1220 S. Ocean Blvd.

    Master bathroom

  • 1220 S. Ocean Blvd.

    Den

  • 1220 S. Ocean Blvd.

    Family room

  • 1220 S. Ocean Blvd.

    Gym

  • 1220 S. Ocean Blvd.

    Wine cellar

  • 1220 S. Ocean Blvd.

    Bedroom

  • 1220 S. Ocean Blvd.

    Bathroom

  • 1220 S. Ocean Blvd.

    Dressing area

  • 1220 S. Ocean Blvd.

    Swimming pool along the intracoastal

  • 1220 S. Ocean Blvd.

    Garage

  • 1220 S. Ocean Blvd.

    Guest home

  • 1220 S. Ocean Blvd.

    Patio

  • 1220 S. Ocean Blvd.

    Balcony

  • 1220 S. Ocean Blvd.

    HIs bathroom

  • 1220 S. Ocean Blvd.

    Bar

  • 1220 S. Ocean Blvd.

    Family room overlooking the pool and the intracoastal.

  • 1220 S. Ocean Blvd.

    Detailing on the fireplace.

  • 1220 S. Ocean Blvd.

    Detailing in the crown moulding.

  • 1220 S. Ocean Blvd.

    Front door (detail)

  • 1220 S. Ocean Blvd.

    Outdoor Grill

WATCH: A Seattle couple living on welfare caught living in a $1.2 million mansion:

FOLLOW MIAMI