The longtime Palm Beach home of the late conservative commentator Rush Limbaugh is being quietly shopped for sale with an asking price of $150 million to $175 million, according to people familiar with the offering. 

The roughly 2.7-acre waterfront property, located on Palm Beach’s tony North Ocean Boulevard, includes multiple structures, including a large main house built in West Indies style, according to public records and people familiar with the property. The property has roughly 250 feet of ocean frontage and direct access to the beach, records show.

Rush Limbaugh and Kathryn Adams Limbaugh in 2020.PHOTO: PATRICK SEMANSKY/ASSOCIATED PRESS

Mr. Limbaugh, a talk-radio icon and right-wing media stalwart, died last year at age 70. Records show the property is owned by a trust tied to his widow, Kathryn Adams Limbaugh. Ms. Limbaugh didn’t respond to requests for comment.  

Mr. Limbaugh purchased the property for $3.9 million in 1998 through a limited liability company, records show

The main house spans roughly 24,000 square feet, according to the 2010 book “An Army of One” by Zev Chafets. 

“Largely decorated by Limbaugh himself, it reflects the things and places he has seen and admired,” Mr. Chafets wrote. The house had a vast salon meant to suggest Versailles, he wrote, and a massive chandelier in the dining room was a replica of the one in New York’s Plaza Hotel. The main guest suite was modeled after the Presidential Suite of the Hotel George V in Paris, while the library was a scaled-down version of the library at the Biltmore Estate in North Carolina, with wood-paneled walls and cherubs dancing on the ceiling, the book said. It wasn’t clear if the property has been updated since the book was published. 

An aerial view of the compound. PHOTO: EAGLEVIEW

While the main house is in good condition, real-estate agents said it might be considered a teardown since today’s buyers prefer more contemporary architectural styles. 

If it sells for $150 million or more, the property will be among the most expensive ever sold in Palm Beach, where the luxury real-estate market posted record levels of activity during the pandemic. 

Last month, Oracle billionaire Larry Ellisonpurchased a $173 million home in nearby Manalapan, Fla., setting a record for the area, according to property records and a person familiar with the deal.