A century-old compound in Clearwater, Florida, has gotten a major price cut and is now asking $23.5 million, down from $34.3 million in March—and an even bigger discount from the initial price tag of $49.995 million when it first came to market last year

The bayfront 10-acre property on Druid Road South is home to the] mansion, named Century Oaks, which was built in 1915 on the grounds of Fort Harrison, a military post established in the 1840s on a bluff overlooking Clearwater Harbor.

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The property in Harbor Oaks is being sold in three parts: a 5-acre piece of land that is home to the main mansion and two 2.7-acre lots, each with its own home. The property can be purchased all together, or in pieces.

The main mansion spans more than 16,000 square feet, with 10 bedrooms, a notable green-tiled roof, a red-brick port cochere and a blend of early 20th century grandeur with contemporary additions. It also comes with two pools, a tennis court and more than 100 feet of water frontage. The parcel, represented by Kenny Hayslett of Re/Max, was listed for $22.9 million in March, and reduced by almost $10 million to $13.5 million last week. 

The second parcel, also represented by Hayslett, is sizable in its own right. The Greek Revival-style home, also built in 1915, spans 4,646 square feet, with six bedrooms, its own pool and direct access to the bayfront. It came to market with Hayslett at the same time in March asking $5.9 million and was reduced to $4.5 million last week. 

The third property spans 2.75 acres, with a smaller three-bedroom home spanning just over 3,000 square feet. It has a matching green roof and red-brick drive to the main mansion, as well as its own pool and a landscaped garden area with a large white pergola and balustraded terraces. It is being represented by Rafael Wazio of Coldwell Banker Realty, and while it was also listed in March, for $5.495 million, its price has not recently changed. 

The seller, a Clearwater-based LLC, purchased the first two properties in a single transaction for $9.3 million in 2020, after purchasing the third property in 2019 for $2.635 million, a total of $11.935 million for all three. It appears that, in 2024, the compound was listed as a whole for $49.995 million, before being relisted as three separate properties in March. 

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The identity of the seller could not be ascertained, and neither broker responded to a request for comment.

The compound is named for the grand trees on the property. The initial Fort Harrison—an important outpost during the Second Seminole War—is now an outpost of the Church of Scientology, which purchased the building in 1975 and restored it.