A gorgeous five-bedroom five-bath waterfront estate in Seattle’s ritzy Laurelhurst neighborhood is getting plenty of second looks these days. The Arthur Loveless-designed mansion on nearly an acre of Lake Washington real estate was recently listed with a lofty price tag of $14.88 million, putting it just a hair behind the city’s most expensive listing: a home formerly owned by philanthropist Samuel Hill.

Coming in at 7,683 square feet, the ultra-private home on Webster Point is a gorgeous—and uber-spacious—palace. It was originally built in 1928 with a Queen Anne/Tudor influence in the design by Loveless, who is famous for the many buildings he designed at the University of Washington not too far away.

There’s something of a campus vibe to this mansion: with a wrought-iron gate, expansive and thoughtfully landscaped lawns and a backyard basketball court, it’d be a perfect place for a family.

East Coast mansions have nothing on this home’s classic finishes. Half-timbered walls, double staircases and vaguely Gothic stone arches dominate the façade, while indoor areas are marked by their ornate wood-paneled walls, box beam ceilings, a coterie of classic chandeliers and bedrooms done up in beachy hues.

A rounded back patio sits above the expansive grounds and offers beautiful views of the lake, while a private dock comes with a waterslide and plenty of room for water toys.