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Buy Aga Khan's Guest House on Sardinia's Costa Smeralda

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Designed in the 1960s by Italian architect Luigi Vietti, this 13-bedroom waterfront mansion on Sardinia's exclusive Costa Smeralda once served as the guest house for the Yacht Club Costa Smeralda. The club served as a playground for jet setter Prince Karim Aga Khan IV, who hosted luminaries like Catherine Deneuve, Brigitte Bardot, and Spain's King Juan Carlos on these very grounds. Now the sprawling villa is for sale for the second time ever, with an undisclosed price tag that is likely more than $30M. That price includes the 8,600-square-foot villa, currently divided into three units, and an acre of prime waterfront.

· SPECTACULAR VILLA PIEDS DANS L'EAU [Sotheby's International Realty]