The two mansions plus the guest houses cover an area of 25,000 square feet
Taken from EFE
MIAMI, FLORIDA - The luxurious property with two mansions, one modern and the other built in 1913, owned by philanthropist and businesswoman Adrienne Arsht in Biscayne Bay in Miami (southeast Florida, USA) is on the market for a price of 150 million dollars, the highest value ever listed for a residence in this city.
The property, called Arsht Estate, stands facing the aforementioned bay on a four-acre plot in the Coconut Grove enclave and houses two mansions: Indian Spring, built by Arsht in 1999, and Villa Serena, from 1913, where former U.S. Secretary of State William Jennings Bryan (1860-1925) resided.
The two houses are connected by a stone walkway and share 400 feet (122 meters) of pier facing the bay.
The two mansions plus the guest houses cover an area of about 25,000 square feet (2,325 square meters) and have a total of 12 bedrooms and 17 bathrooms, according to the luxury magazine Robb Report, which published the story on its website on Wednesday.
The land where Indian Spring was built was once owned by American actress and celebrity Peggy Hopkins, famous for her performances in the Ziegfeld Follies (1907-1931), a series of daring Broadway musical revues.
The house has five bedrooms, a living room, a large lounge, a dining room, a garden room, a swimming pool and an extensive garden with well-maintained lawn and flowers.
Although Indian Springs is the primary residence, the historical value of Villa Serena is unparalleled and certainly a major draw for potential buyers.
This 1913 mansion is an architectural gem in the Mediterranean Revival style, designed by the prominent architect August Geiger (1887-1968) and featuring elements of Spanish and Italian inspiration.
Arsht acquired the property in 2007 "after hearing that a real estate developer was going to buy it and tear it down," the magazine notes.
The American philanthropist, president and patron of Miami's important Adrienne Arsht Center for the Performing Arts, "fell in love with Villa Serena and worked to restore it, preserve it and ensure that it received the historic site designation.".
Following the renovation, the mansion was effectively added to the U.S. National Register of Historic Places in 2012.
The modern amenities offered by the mansion harmonize with the colorful Cuban tile floors that cover the first floor. Each room has an ocean view, and the mansion features a large living room, a dining room, a renovated marble kitchen, and a three-car garage.
The two houses are surrounded by ceiba and Bengal fig trees, which gives the property greater privacy.
If sold for the price or amount close to that listed by Berkshire Hathaway HomeServices EWM Realty, the property would break the record as the most expensive residential transaction ever made in Miami-Dade County.




