125 Via del Lago - Casa Vera - built in 1928

Per Palm Beach tax assessor's office: Owned by Richard & Maria Power. The residence was built in 1928, has 8,698 square feet of living space including 5 bedrooms, 6 bathrooms, & 1 half bathroom, has 11,392 square feet of covered space and sits on 3/4 acre. In additiion to the main residence, the estate also has a 1,249 square foot guest house that was built in 1993. Sales information: sold in December 1983 for $100 to William J. Bell & Lee Phillip; sold in October 1987 for $1,970,000 by William J. Bell & Lee Phillip to Jack C. & Susan O. Taylor; sold in July 1988 for $100 by Jack C. & Susan O. Taylor to Jack C. Taylor, Trustee, Jack C. Taylor Trust A; and sold in May 1998 for $4,500,000 by Jack C. Taylor, Trustee, Jack C. Taylor Trust A to Richard & Maria Power. The 2007 market value for the estate is $8,594,361.
The estate is currently (Nov. 2007) on the market for $17,500,000. The residence, named Casa Vera, was built in 1928 and is considered to be a quintessential Palm Beach residence. Casa Vera is one of the most beautifully and expertly restored (by the Smith Architectural Group) 1920’s mansions on the island and is also one of the finest examples of Palm Beach’s Mediterranean architecture. Among the many remarkable features is the 36’ x 22’ great room with 22’ beamed ceilings, the extraordinary architectural detail throughout, and the grand terraces overlooking the heated pool.