News reports continue to pour in about the housing market recovery. High-end homes, and specifically ultra high-end homes (those priced $10 million and up), have also seen an increase in activity in the last few months. In fact, Forbes routinely covers homes in the $50 million and up range—and this Southern California estate listed at $65 million in Laguna Beach (and represented by luxury specialist Rod Daley of Coldwell Banker Residential Brokerage in Newport Beach) recently caught their attention. The estate is the largest oceanfront home in Orange County, as well as the most expensive in the area, according to Daley.
From the Forbes article:
What makes up a $65 million home in Orange County? Besides the oceanfront location, the home sits on an entire acre, which was once part of the summer home of the original owners of the Irvine Family Ranch. Measuring 24,000 square feet, the house was developed over a period of eight years by the current owner, Daley said. No detail was left untouched. Everything from the 100-year-old olive trees to the lighting is high-end.
The property’s entrance is marked by a colored-glass fountain/waterfall designed by sculptor Taki. As water moves over the glass, it hits hidden bells, which chime. Past the enormous fountain, the guesthouse is visible — a custom, glass-walled, 1-bedroom space.
Inside, the owner’s extensive lighting collection is featured throughout, with pieces collected from Europe. Other features of the home include imported Roman travertine, a high-end kitchen and ocean-front loggia with outdoor fireplaces. The entire home has 5 bedrooms and 8 baths.