A staggering Gulf-front estate that was built for banking legend and former FDIC Chairman Bill Isaac has hit the market in Sarasota, FL, for the very first time with a sky-high asking price of $26 million.
Isaac, who served during the Jimmy Carterand Ronald Reagan administrations and is credited with guiding the nation through a recession in extremely financially tumultuous times, originally bought the Lido Shores property for $2.7 million in 2000.
During his 25-year tenure there, he replaced the 1987-built home with a dazzling, five-bedroom, eight-bathroom sun-drenched main residence designed by celebrated architect Clifford M. Scholz, founder of CMSA Scholz, Oswald & Shaffer…