Laguna Beach, CA, was the setting for one of MTV’s most aspirational reality shows, so it’s no secret residents of the area are quite well-off. Who’s the most well-off? Well, whoever buys this $45 million gem. This mansion in the Irvine Cove community in Laguna Beach is the most expensive new listing this week on realtor.com®.
This estate sits on a 1-acre lot right on Abalone Point, a 12-home development within the already exclusive community.
Featuring eight bedrooms, eight bathrooms, and three half-baths, there’s room enough for the cast of a reality show. The main house and three guesthouses are spread across 18,000 square feet, and an additional 6,000 square feet are set aside for patios and a six-car garage.
The home has some deep European influences. The Orange County Register describes it as “a neoclassical, oceanfront Laguna Beach palazzo.” Its amenities include his-and-her offices, a commercial kitchen, screening room, gym, VIP bar, 10,000-plus-bottle wine cellar, pool cabana, and crafts room.
All those features come framed in authentic Roman travertine and terrazzo floors. The outside of the home features a pool and spa with a view of the ocean, an oceanfront lawn, rose gardens, 100-year-old olive trees, multiple patios, and fountains imported from Europe.
This estate on the land of the old Irvine ranch was built in 2010 and has flirted with the market before. It was up for sale in 2013 for $65 million; the price dropped to $60 million in late 2015 before the home disappeared from the market. It’s back—and even with a $15 million reduction on the 2015 price, it’s still the priciest property to hit the market this week.
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