Metro Networks founder David Saperstein listed his waterfront estate in Malibu for sale this month; its $115 million asking price makes it one of the priciest properties currently for sale on the U.S. open market.

The house was built in 1997. The exterior architecture is contemporary, its façade of glass and steel opening up the house beautifully, and wings creating a courtyard. Extensive use of block glass gives it a commercial-luxe overtone, and expressive curves seem to bring a little liner-influenced Streamline into the architecture.

The home’s interior living spaces extend across 10,646 square feet, with 12 bedrooms and 14 baths. Marble and tile floors run throughout the home. Standout spaces include a glistening kitchen, which looks the very definition of ‘commercial luxury’ style, and the living room, which features a spectacular wet bar, and is crowned by a dramatically modern tray ceiling. A grand, sculptural spiral staircase services the three floors, with an 18’ chandelier as its centerpiece.

The grounds are very extensive for Malibu—2.6 acres, with lush plantings and a meandering walkway winding its way to a privately deeded beach. Indeed, the romantic landscaping, gardens and patios create a park-like sanctuary which balances and gives convincing context for the house itself.

Saperstein founded Metro Networks in the late 1970s and sold it to Westwood One in 1999 for $1.25 billion in stock.