That’s it, we’re moving to Grand Bahama Island and 20 Princess Isle is the winning ticket. Previously offered for $13.8 million, the gorgeous beachfront estate is heading to auction without reserve on May 14 in NYC and we don’t think it’s going to have a hard time being snatched up. The fully-furnished Caribbean home not only has a Victoria’s Secret connection, it also features a .28-acre canal lot with water 100 feet deep that is just begging for a boathouse.
"The vision was to create a fantasy home, not simply a beach house, which is exactly what we did," says the seller, David T. Kollat, former Executive Vice President of Marketing of L Brands and President of Victoria's Secret Catalogue. "In the fashion business, the primary focus is always on design and attention to detail. Here, we created not only a beautiful home, but a relaxed and quiet place where one could reflect and create. I always loved its tranquility, serenity and solace.”
An homage to the 1920s Mediterranean/Spanish colonial revival style that stemmed from Addison Mizner, the “father of American resort architecture,” the estate greets you with 16 large Cuban palm trees that lead you up the driveway and to the front door. Inside you’ll find six en-suite bedrooms—including a master suite with a private terrace—two fireplaces, custom walk-in closets, a bar refrigerator, and a spa made of white Carrera marble.
Since it comes fully-furnished, the buyer will be getting a lot. Included are custom Ralph Lauren furniture; a collection of art and framed print from the likes of Picasso, Warhol and Matisse; a Baldwin baby grand piano; and a Brunswick billiards table.
Huge arched loggia span the back façade of the house, with twin fireplaces bookending the space and tons of seating for al fresco dining and socializing. A heated lip pool looks out over a private beach and lush landscaping that features “Cuban and coconut palms, gumbo limbo and sea grape trees, oleander, hibiscus and silver and green buttonwoods.”
"Having been in at least a thousand luxury homes around the world as a part of my job, I can truly say that this particular house stands out as one of my all time favorites," says Mike Russo, Vice President of Business Development for Concierge Auctions. "The inspiration stemming from Mizner's Palm Beach design is evident from the moment you walk in the front door. There is not one spot in the home where you couldn't imagine spending time relaxing or with family and friends, living out your oceanfront dreams."
Handled by Concierge Auctions, the property will be auctioned at Trump SoHo in New York City on May 14.
