Estate of the Day

Bernie Madoff's Palm Beach, Florida home finally sold last year but now another Madoff-associated home, the one belonging to his sister-in-law Marion, has hit the market for $6.5 million. The Wall Street Journal reports that her husband, Peter was the former chief compliance officer at his brother's firm.

The five-bedroom home is on .5 acre and is located in the estate section of Palm Beach, within close proximity to the ocean and Worth Avenue shopping. it has a pool, gardens and fountains. The well-decorated interior space includes a master suite with dual baths that overlooks the formal gardens. The WSJ reports that Peter and Marion Madoff bought the home in 2001 for $3.8 million and ownership was transferred solely to Marion Madoff in 2006. It is listed for $6.5 million with Carole and Brett Koeppel of Sotheby's International Realty.