If Mallorca had a crown jewel, this sprawling 500-year-old estate in the hills above Palma would be it. Tucked among cypress-lined drives, olive groves, and wide-open Mediterranean vistas, the historic property feels almost more like a small village than a private residence.

At the center is an imposing 45,000-square-foot villa dating back to the 15th century, surrounded by not just one or two but seven guesthouses, manicured gardens, and terraces that look out over a whopping 2,500 acres of countryside. The current owners, who bought the property in 2003, have reportedly spent more than two decades restoring and upgrading it, layering in modern amenities like a spa, screening room, and updated kitchens while keeping historic details like vaulted ceilings and stone arcades intact.

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Everything here is built at an extraordinary scale. Behind the main house, a geometric parterre garden unfurls toward an 88-foot swimming pool tiled with a swirling mosaic tile sun motif. Three separate courtyards anchor different wings of the massive main house, while the guesthouses, each between 1,000 and 5,000 square feet, are all licensed as short-term rentals.

The estate also operates as a serious commercial venture with roughly 100 acres of organic vineyards that produce as many as 600,000 bottles of wine each year, supported by the on-site professional winery and cellar. A short walk away, the Olympic-grade equestrian center comprises a dozen stables, a riding hall, outdoor training arenas, a farrier station, and even a full veterinary clinic with five foaling rooms and guest stables. One of the more extraordinary details called out in the promotion materials is a special sand-control system designed to protect the horses from injury.

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Despite its vast footprint and historic pedigree, the estate was planned with sustainability in mind, with solar panels and independent water sources that include nine wells supplying the grounds.

Of course, all of that in a premier location doesn’t come cheap. The estate has just hit the market for €87 million, or roughly $101 million, with Pierce Broderick of John Taylor Palma. If it trades anywhere near that figure, it would set a new benchmark for the island, surpassing the €63 million ($73 million) sale of La Fortaleza—the cliffside fortress estate made famous by the BBC series The Night Manager—back in 2022. That historic property, perched on a private peninsula in Pollensa, was acquired by Norwegian billionaire Ivar Tollefsen and was previously owned by British businessman James Lupton. It had quietly shopped for years and at one point carried a €60 million ask before ultimately setting Mallorca’s all-time publicly reported price record.

And at the other end of the style spectrum, Mallorca’s trophy home market also includes Villa Solitaire in Son Vida, a€39.5 million ($46 million) ultra-modern Matteo Thun–designed showpiece. The glass-wrapped hilltop villa previously made headlines in 2021, when it hit the market for €65 million ($76 million) as the priciest home in all of Spain, complete with an underground club, rooftop cinema, and panoramic views over the Mediterranean.

Click here to see more photos of the Palma compound.