REAL ESTATE

Priciest New Listing Is a Jaw-Dropping $55M Orange County Villa With Private Lake

most-expe-one-pelican

most-expe-one-pelican

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.”

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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.

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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.

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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

 

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