Calvin Klein's personal, private, waterfront sanctuary on Miami Beach's exclusive North Bay Road is currently listed at $15 million. This reflects a price drop of $1 million from when the home was originally listed last year for $16 million. The home is 5 bedrooms and 5 bathrooms with 2 half baths over 5,800 SF and the original structure was built in 1929. The open floor plan oozes European craftsmanship throughout including exposed beam ceilings and light colored wood for historic, beach and zen vibes. The furnishing and antiques are by designer Axel Vervoordt. The home also includes 2,166 SF of outdoor space complete with a courtyard and a one-of-a-kind, sanctuary style, tree-lined infinity pool. There is also a 113' of waterfront with views of Biscayne Bay and a private dock. Klein originally purchased the house in 1929 for around $1.6 million. For years Klein kept the home under wraps, allowing few photos of his Miami Beach tranquil retreat. The home is located at 4452 N Bay Road and is currently listed with Pablo Alfaro of Douglas Elliman Real Estate. Photos by Douglas Elliman Real Estate. Tour the home below.