This 58,000-square-foot mansion will go to the highest bidder, regardless what that bid is. Video by Concierge Auctions

One of the country’s most lavish beach homes will be auctioned off to the highest bidder

While tiny living will always occupy a prominent place in our hearts, a small (OK medium-size) part also relishes the ultra-luxurious. And when it comes to luxurious beach homes, this palatial estate in Hillsboro Beach, Florida, is the crème de la crème.

Located on a stretch of beachfront fittingly dubbed “The Millionaire’s Mile,” the 58,000-square-foot mansion was once among the most expensive real estate listings in the country, asking a whopping $159 million. Now, ONE Sotheby’s International Realty and Concierge Auctions are partnering to bring the estate to a live auction with no reserve—meaning the house will go to the highest bidder, regardless of what that bid is.

While the home’s spare-no-expense construction likely means the winning bid will top $100 mill, those of us without that kind of cash flow can still dream. The lucky new owner of the estate, named Playa Vista Isle, will inherit a one-of-a-kind mansion set on five sprawling acres between the ocean and Intracoastal. Living here means you can park your 220-foot yacht at one of two deep-water docks or lounge beachside along 500 feet of your own sandy paradise.

Concierge Auctions
Photo: Nickolas Sargent/Nickolas Sargent
Concierge Auctions
Photo: Kim Sargent/© Kim Sargent
Concierge Auctions
Photo: Nickolas Sargent/Nickolas Sargent
Concierge Auctions
Photo: Kim Sargent/© Kim Sargent
Concierge Auctions
Photo: Kim Sargent/© Kim Sargent

Related: Take a peek inside one of Savannah's most iconic homes

Back at home, the Neoclassical palace is loaded with ornate details (including 22-karat gold leaf trim) and top-of-the-line finishes. With 11 bedrooms and 22 bathrooms, plus amenities like a 3,000-bottle wine cellar and the world’s first private 3D IMAX in-home theater, the home is poised to become the go-to party house for all of your friends and acquaintances. Outdoors, the impressive landscape includes a 4,500-square-foot infinity edge pool, oversized Jacuzzi with panoramic ocean views, six waterfalls, and a putting green.

Ready to raise your paddle yet? Bidding for Playa Vista Isle will begin digitally on Nov. 12 and move to a live auction on Nov. 15, where the lucky bidder will take home the ultimate prize — an insanely luxurious mansion in which to live their best lives.

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