Laniers’ Monogrammed-Ceiling River Oaks Palace Drops Another Million

It’s been on the market for 2 and a half years, its price tag receiving regular trimmings during that time. And here’s the latest: The carefully choreographed 1988 River Oaks estate belonging to former mayor Bob Lanier and his wife, port commissioner Elyse Lanier, dropped a million more earlier this month. The 13,386-sq.-ft. pad is now available for just a smidge under $7 million, $5 million less than the original asking price.

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Inside: 5-6 bedrooms, a whopping 11 bathrooms, and these candy-striped ceilings:

The acre lot backs up to the 14th hole of the River Oaks Country Club golf course.

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