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A $42 million waterfront property in Palm Beach, FL, has landed on the bazaar for the aboriginal time in nearly 50 years—and it snagged the appellation of best big-ticket new advertisement this anniversary on realtor.com®.

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Fashion artisan and preservationist Philip Hulitar and his wife, Mary Hulitar, purchased the home in 1971. Mary died beforehand this year, while Philip died in 1992. They larboard behind an arresting legacy with this enduring estate.

The Bermuda-style estate features spectacular baptize angle with about 240 anxiety of bank and a pool. The autogenous of the 12,062-square-foot home offers a ablaze and bright palette and walls of windows. There are seven bedrooms, nine baths, and two half-baths.

The home was congenital for administrator Phillip Danforth Armour III in 1947. The home’s designer, Marion Sims Wyeth, was the aforementioned artisan abaft President Donald Trump’s adjacent Mar-a-Lago, addendum the Wall Street Journal.

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Philip Hulitar was additionally an artisan accepted for his assignment abating some of the magnificent mansions of Palm Beach. The advertisement addendum that “his access can be apparent in the adorableness of the home today.”

And not alone is it beautiful—it’s additionally big. “This acreage is the largest property … accessible in all of Palm Beach,” says advertisement agent Ashley McIntosh of Douglas Elliman Palm Beach.

realtor.com

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realtor.com

realtor.com

“The home’s blueprint is centered about a courtyard with a huge pond pool,” McIntosh adds. “The traditional-style interiors present floors of marble and tile, metalwork details, pecky cypress ceilings, and all-embracing windows alms sea and garden views.”

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Ocean and bank angle are abounding throughout the home, according to the agent. “The wood-paneled active room, adept bedroom, and library discount advanced angle of the ocean and beach.”

The property’s address might also lie in its beauteous location. Depending on the buyer’s preference, a advance ability be in order, or the admirable old abode could face the anticipation of a tear-down.

While $42 actor is a lot to carapace out for a fixer-upper, a client should feel acceptable about area the money is going. According to the Journal, the Hulitars’ daughters plan to accord the gain of the auction to the Hulitar Family Foundation, which supports the Hospice Foundation of Palm Bank and the Preservation Foundation of Palm Bank amid added causes.

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“There’s no overstating the befalling this acreage offers to a client absent prime, direct, bank active on Palm Beach,” McIntosh adds.

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