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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.
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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.
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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.
The post $45M Laguna Beach Looker Is This Week’s Most Expensive New Listing appeared first on Real Estate News & Insights | realtor.com®.
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