A waterfront Mediterranean-style mansion in Palm Beach, Florida, is listing for $47 million, according to the Wall Street Journal.

Located on a nearly 1-acre parcel with over 200 feet of ocean frontage, the 10,582-square-foot home has six bedrooms, six full bathrooms and two half baths, PropGOluxury reports.

Lord Anthony Jacobs, a British businessman, and his wife Lady Evelyn Jacobs bought a home on the property through a holding company in 1995 for $4.15 million, bulldozed it, and completed this home around 1998.

“He’d always had the dream of building a house from complete scratch,” said Simon Jacobs, 54, the couple’s son. Built in the style of Addison Mizner, the Spanish Colonial-style architect, the home has a 50-foot-long pool surrounded by landscaping and a loggia for outdoor entertaining.

Paulette and Dana Koch of the Corcoran Group have the listing.