Timeless. Gracious. Over-the-top. No matter how people describe Broadway producer Terry Allen Kramer’s Palm Beach home, words never seem to do it justice. Nicknamed La Follia and spanning more than 20,400 square feet in living space alone, the Italian Renaissance masterpiece has welcomed hundreds, if not thousands, of admirers since its unveiling in 1995, most of whom came to partake in the owner’s legendary soirees. They felt its majesty upon entering through the stately wrought-iron gate and remarked at its grandeur while appreciating the scenery both inside and out. Yet, nowadays, they primarily use one descriptive phrase when discussing the beautiful manse at 1295 South Ocean Blvd.: on the market.
Listed by Douglas Elliman Real Estate in November at $135 million, La Follia is truly unlike anything else around, according to the firm’s Realtor associate, Gary Pohrer, and its senior director of luxury sales, Ashley McIntosh. “The entire property is clad with coquina,” Pohrer explains. “It has gone through an aging process that makes it look patinaed from the outside, but in the entry foyer, you have two stories of coquina that looks like it was just installed.”
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