A European villa-style house in Old Westbury has hit the market for $4,895,000.

Listing agent Michael Berman of Automatic Real Estate Associates says the 10,000-square-foot, seven-bedroom home was “basically knocked down and rebuilt” in 2005. He says it features such architectural goodies as coffered ceilings, mahogany built-ins, six fireplaces and Brazilian walnut floors.

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The lower level was dug out to allow for 15-foot ceilings in the 1,000-square-foot playroom, Berman says. “The kids love the open big rooms,” says Shanna Mirante, who is selling the home with husband, Arthur Mirante, an equity salesman for Rafferty Capital Markets and the son of Arthur Mirante, the former chief executive of Cushman & Wakefield Global Real Estate Solutions.

There are seven bathrooms and three half bathrooms, including separate his-and-hers master bathrooms -- the master suite also features his-and-hers walk-in closets, a gas fireplace and radiant heating. “They have a fantastic deck that you can get to from the master suite, the gym and the upstairs office. It’s made of Trex material. The property overlooks the Phipps estate. It’s really serene,” Berman says.

Old Westbury Gardens was once the 200-acre estate of John S. Phipps and Margarita Grace Phipps. Berman says the Phipps estate that’s visible from this house belongs to a Phipps relative.

Annual taxes for the 4.2-acre property are $79,855.

Automatic Real Estate Associates Photo

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