An Art Collector’s Waterfront Estate in St. Tropez Asks Nearly $140 Million

In an exclusive enclave in one of the world’s most famous playgrounds for the wealthy, a waterfront estate on the Mediterranean Sea is seeking well over $100 million, according to listing agent Shawn Elliott with Nest Seekers International.

Art collector Andrea Preiss is asking €115 million, or almost $140 million, for a roughly 2-acre property in the gated Les Parcs, St. Tropez’s most expensive community, according to Elliott. The coastal town on the French Riviera has long lured the rich and famous, including billionaires Ken Griffin and Bernard Arnault, who both own properties there, he said.