Newport Mansion Listed for $38.5 Million
By The Orange County Register, Calif.
May 15–Harbor Island house has 10 bedrooms and 12 baths in 18,000 square feet of living space.
It’s palatial and French neoclassic. Big dock on the water.
You can find it in Newport Beach now up for sale for $38.5 million. If that price target is hit, the sale could break the record $35 million price paid for actor Nicolas Cage’s nearby Newport Bay home in January.
Agents with H’M Real Estate Group said their brokerage just got the listing along with Willis Allen Real Estate of La Jolla.
The big-ticket listing follows news that an Orange County record was just set for an off-the-water house: $27.1 million for a residence in Corona del Mar.
The Newport Beach waterfront property, which is new to the market, is at the tip of Harbor Island, also home to Irvine Co. boss Don Bren.
It is described by H’M's listing on the Catalist Web site as a 10-bedroom, 12-bath house with 18,000 square feet of living space on a 23,000-square-foot lot.
Willis Allen’s Web site described the Harbor Island home, completed in 1990, this way: “Spectacular and elegant French neo-classic bayfront estate. One of Newport’s most prominent and coveted properties with approx. 300 ft. of waterfront with stunning views of the main channel. Docks several boats.
Expansive garden & pool, cook’s kit., butler’s pantry, 6 fp, elevator, staff quarters. 8-car garage.”"It is considered to be the finest piece of bayfront property in Newport Beach,” Rob Giem of H’M said. When asked if it would sell quickly, he said he didn’t make predictions, then added, “But I think so.”
By Jonathan Lansner and Jeff Collins
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Copyright (c) 2008, The Orange County Register, Calif.
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