The most expensive new listing on realtor.com® has been pingponging back and forth between fancy Florida and chi-chi California real estate. This week, we’re back in SoCal with a fresh listing in Orange County’s Newport Coast on the market for $55 million.
Lest you become jaded with these pricey listings with their gold-dipped bells and whistles, we promise this one will take your breath away. Jeffrey Janger, Linda Janger, and John Stanaland are the estate’s co-listing agents.
The recently completed 17,000-square-foot property-dubbed Villa del Lago-sits on 12.47 acres of prime land.
“It’s the largest in coastal Orange County,” says Jeffrey Janger. “It’s an extraordinary property.”
We can’t argue with that. Because there’s more. So much more. The gated estate has no immediate neighbors, although it’s just a mile from the posh Pelican Hill Resort. It offers expansive views of canyons, a nature preserve, city lights, and the distant ocean.
This secluded property boasts a private lake (hence “Lago” in its name) along with gardens, a tennis court, a stable, a riding ring, a putting green, a wine cave, room for a vineyard, and a 14-car garage.
“The house is like a personal resort,” Janger added. “The lake is a huge feature of that. You can take a swim in the lake, you can take a boat ride. It’s really quite large.” It’s true-the lake takes up over an acre on the property.
The villa offers three floors, seven bedrooms, and 14 baths, including a master suite with its own screening and living rooms, and lavish guest suites.
The mansion features a chef’s kitchen, a conservatory, a china room, a lounge with bar and boardroom, another screening room, a gym, a sauna, a wine cellar, a safe room, staff rooms, and a caterer’s kitchen with roll-up door.
The Mediterranean-style mansion with imported Italian materials has had a long road to topping the market this week. Once listed for $57 million, the unfinished mansion was put on the auction block when it ran into financing troubles. It was sold in 2012 for $18.5 million, according to the Wall Street Journal.
The buyer had added unique touches, including the gym and indoor pool, before putting it on the market at the new, sky-high price. According to the Los Angeles Times, the last property in the area to approach this price range was a home once owned by Nicolas Cage, which sold for $35 million in 2008.
- For more photos and details, check out the full listing.
- Homes for sale in Newport Coast, CA
- Learn more about Newport Coast, CA