An approximately 9,000-square-foot home with nine bedrooms and 8½ bathrooms on almost 92 acres is asking $85 million, or $924,515.98 per acre. Property taxes in 2011 were $7,943.62.

This Colonial-style home has been in the same family since it was built in 1941. Through the years, the house has been host to politicians (John Kennedy, before he was president of the United States) as well as the scene of weddings and family gatherings.

At the eldest daughter's debutante party in the late 1950s, the Kingston Trio played and the guests stayed until 6 a.m.

The property includes a pool, a tennis court, a Thomas Church-designed garden and a three-stall barn. There is also a two-bedroom gatehouse and an adobe two-bedroom caretaker's house with its own garden.

The property is owned by the estate of Elizabeth Dresser Flood, who died in April of 2011 at the age of 94. Even in her early 90s, Mrs. Flood still enjoyed stacking a cord of wood, driving the red Talbot sports car that she got on her honeymoon and herding cattle at her Santa Barbara ranch. Mrs. Flood was predeceased by her husband, Flood, the grandson of Comstock legend Clair Flood.

The Floods' eldest son, James Flood, estimates that his parents spent $100,000 on the land and the building of the main house. They bought the land in 1939 and built the house in 1941.

The estate is being sold because of Mrs. Flood's death. 'It's the end of an era,' says the Floods' eldest daughter, Judy Flood Wilbur, noting that many other older estates have been subdivided.

Mrs. Wilbur grew up in the house and says it was 'idyllic.' She remembers bicycling to the local school, mushroom hunting on Sand Hill Road and riding her horse to Stanford under the tutelage of a Russian riding instructor.

Nearby, a 14,000-square foot house with four bedrooms and six bathrooms on 3.44 acres is asking $39.5 million. Also nearby, an 11-acre parcel with no house is asking $29 million. Mary Gullixson, Brent Gullixson and Maureen Ryan of Alain Pinel Realtors share the listing.