111-Year-Old Estate of Coconut Grove’s Founding Family Lists for $12.9M

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With just over one acre of land on South Bayshore Drive, the rambling estate of John T. Peacock, a member of Coconut Grove’s founding Peacock family, this 111-year-old historic pile is on an unusually large piece of land for a property in the heart of the Grove. Overlooking Kennedy Park, and an old sheltered inlet that practically ends at its front gate, the listing is asking for a healthy $12.9 million.

Constructed in 1910, the 7,000 square foot, two-story, columned and gabled house is set back a stately three-hundred-or-so feet from the street, allowing plenty of room for a long driveway that loops around a long reflecting pool. Inside, the skylit central atrium is also quite grand while also feeling quite intimate at the same time, with columned galleries to flood the principal rooms with light. The main house offers 4 bedrooms and 5.5 baths, including a lavish master bath, alongside 2 independent guest suites on the property. Covered loggias, which epitomized indoor/outdoor living a hundred years ago, overlook the L-shaped pool, which is followed by a rambling and shady back yard, and a tennis court.

Back in 2018, which feels like an eternity ago even though it was only about three years, the Big Bubble reported the property was listed for a very stately $15.8 million, a giant leap from its last sale price, four years prior to that, of just under $4 million. However, anything is only worth what someone will pay for it, and the house eventually sold a year later for the much more down to earth price of $6.6 million. Now, it’s back, with a price double that. Let’s see if it gets any bites.

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