HOUSE OF THE DAY: A Brand New Mansion In Palm Beach Gets Price-Chopped To $75 Million

south ocean palm beach home for $75 million

Photo: 1220 South Ocean

A massive French château-style house with nine bedrooms and 14 bathrooms on the water in Palm Beach is listed at $75 million.It’s a new construction that went on the market in 2010 for $84 million; the current price tag is a bargain, relatively speaking.

This is prime water front property; the house sits at 1220 South Ocean.

The home spans 20,129 square feet, and that’s not including the guest house with one-bedroom and a kitchen.

This South Ocean estate remains unfurnished, but the true beauty is in the custom wood work in the house.

The house features a pool, an elevator and a wet bar.

This luxurious home is protected by gates

This aerial view the home shows off the palm trees and the pool

The massive driveway has room to park 50 cars

The fountain illuminated in green at night

This place could double as a sculpture garden

The pool is 60' x 25'

It's so big that a fashion show was hosted around it

The patio features a built-in BBQ and additional fountain

Inside, this stately hall resembles a museum

All the rooms have large windows, giving the home a lot of natural light

The custom woodwork provides a lot of storage

The arch theme is repeated throughout the home

Lots of room to display your artwork

The dressing area has lots of mirrors to check out how you look in your new home

The bathroom's white marble tile makes it shine

Check out those waterway views from the balcony

The dance floor?

The butler's pantry is probably fancier than your kitchen

This is the real kitchen--complete with two islands, it's perfect for hosting a large dinner party

There's enough storage to hold several china settings

This room off the pool comes with a wet bar

This is the kitchen in the guest house

The guest house even has a fireplace

The garage can hold a motorcade

There's even a private dock, to go with your private yacht

Want to down-size to a $55 million home?

NOW WATCH: Executive Life videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.