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Billionaire Jim Clark’s Palm Beach estate listed for $95M

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The price is slashed by $42M

Il Palmetto
Photo by Andry Frame

Billionaire Netscape co-founder Jim Clark’s stunning Palm Beach estate is on the market for $95 million, Page Six reports. The massive compound named Il Palmetto hit the market in 2016 for $137 million, making it the priciest listing in Palm Beach County and one of the most expensive homes in America at the time.

Now it’s back, after a $42 million price cut — but it’s still the most expensive new listing on Realtor.com. Clark scooped up the the 1930s Italian Renaissance mansion for $11 million, according to Page Six, and then renovated extensively. The estate is on 5.5 acres, and includes a total of 10 bedrooms, a wine cellar with room for 20,000 bottles, and underground tunnel for direct beach access.