Il Palazzo Incantato/The Enchanted Palace. Worthy of Lake Como or the Italian Riviera, this lavish Caledonia Cove compound has it all. Rarely available low-bank waterfront with private beach and envy-inducing westerly vistas. Terraced formal gardens studded with cypresses, palms, and fragrant roses. A boathouse to stash your supersonic Belassi jet skis. A spacious guest lodge for fortunate long-term visitors. A statement automobile lodge fit to house your Berlinetta Lusso. An entertainment loggia with inground pool. A dazzling, monumentally proportioned palazzo oozing movie-set glamour, rich with exotic stone, replete with no-expense-spared comforts, including a residential elevator. Old World grandeur meets effortless West Coast elegance.