Members in the News – John Cain
A 15,000-square-foot estate has hit the market in Newport Coast at $35 million, the priciest home for sale in the community on the Multiple Listing Service.
Built in 2008, the six-bedroom, 11-bathroom manse sits on a pie-shaped parcel nearly three-fourths of an acre along an ocean-view, front row in guard-gated Crystal Cove.
The shape maximizes the view, giving the property nearly three times the average linear footage in the community, according to the listing.
The three-story home at 37 Del Mar is entered past wrought iron gates, through an entry with soaring ceilings and sweeping double staircases. Mahogany archways and chandeliers are set above marble and limestone floors.
In the kitchen are professional-grade appliances. A library is covered in wood paneling and coffered ceilings. Amenities include a wine room, home gym, a bar and state-of-the art theater.
The master suite has a hand-carved, crema marfil fireplace, along with a private terrace and broad Pacific Ocean views.
Outside, the resort-style grounds include manicured lawns, an infinity-edge pool with water features and an elevated spa, as well as a cabana with a full-service bar, and a built-in barbecue. There’s also a putting green.
The subterranean garage can park 10 cars, and an elevator goes to all floors.
John Cain of Pacific Sotheby’s International Realty is the listing agent.
Another estate on the same street had a $35 million price tag last year but later went off the MLS.
In November 2017, a Newport Coast estate set on nearly 12.5 acres with an asking price of $55 million sold for $39,999,999, a record for a home in the Newport Beach area.
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