In Palm Beach, a Waterfront Landmark Adds a Elevator Straight to the Sand

Casa Eleda has just come to market in Palm Beach asking $105 million. The estate's exterior alternates brick and coquina stone, a pairing distinctive enough that locals have long called it the "Ham and Cheese House." Beneath the property, a private tunnel runs to the beach, fitted with its own elevator so residents can move between house and shoreline without ever crossing open ground. It is the kind of detail that turns a grand house into a landmark, one Palm Beach has apparently nicknamed with real affection. At $105 million, Casa Eleda joins the town's most closely watched listings this season.

With reporting from Galerie.