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Location: Vero Beach, Fla.
The Skinny: A relatively recent addition to the seemingly endless shoreline at Vero Beach, Fla., this estate stretches from the sand to the Indian River, on 15 acres divided by the highway. On the ocean side, a 22,000-square-foot Mediterranean-style mansion was built in 2008. The lushly landscaped property then sold, in 2009, for $11.4M, last year it was re-listed for $25M. That's a sky-high asking price anywhere, and is especially curious considering few improvements to the property were made in the interim and that the river side of the estate holds but a single tennis court and an awkward driveway to nowhere. While there's plenty of space back there to construct a second house, the estate already has eight bedrooms, 14 bathrooms, including a guest house and caretaker's cottage, so the sellers will be hard pressed to find a buyer who needs even more space. Adding a bit to the odd nature of this property, Vero Beach has very few similarly-sized and styled estates, making the gate house and formal entry to this property stand out like a sore thumb.
· 1920 S Highway A1a [Zillow]