Showing posts with label Back Bay. Show all posts
Showing posts with label Back Bay. Show all posts

Friday, April 16, 2010

$11 million for 2-home Back Bay estate

Click on photos to enlarge

 

Agents say that homes along the north shore of Upper Newport Bay don’t come on the market very often. Now there are two such homes for sale.

La Place Tranquille – or The Quiet Place – just hit the market with an asking price just $5,000 shy of $11 million. It’s just two doors from a property being marketed as the site for a $95 million, 29,000-square-foot home.

That $95 million mansion hasn’t been built yet, and the sellers are willing to let their existing 10,000-square-foot house go as is for $19.95 million. It’s unclear why La Place Tranquille is selling for $9 million less than its neighbor.

Photos courtesy of Luke Hagenbach

  • Both homes are new to the market.
  • Both are located on two-acre lots off Mesa Drive, an equestrian-zoned strip that backs up to the Back Bay nature area.
  • Both have at least 10,000 square feet of living space.

However, La Place Tranquille’s space is divided between a 6,187-square-foot main house and a 4,127-square-foot guest house. There’s also an 800-square-foot game room and a pool courtyard that looks like a hotel.

Other amenities include: A tennis court, 40,000-gallon pool, 12-person hot tub, two outdoor barbecue areas and garage space for eight cars.

The main house also is wired throughout with an audio system and features Lutron computer controlled lighting, a theater, exercise room and Back Bay views from many of the rooms. The master suite comes with a library and (hubba-hubba!) a two-person spa tub.

Yet, there’s more: The two-suite guest house comes with its own two-car garage. There’s also a conference-meeting center with offices and restrooms.

Verbiage from the listing brochure includes terms like “prodigious, gated estate” and “unparalleled landmark property.” In all, there are six bedrooms and 13 bathrooms (four of which are half baths).

Perhaps the only down side to both La Place Tranquille and it’s potential $95 million neighbor is its proximity to the take-off path at nearby John Wayne Airport. You can even see a plane overhead in the Google satellite map.

But the map shows also that the lot has plenty of room. According to the listing: “The property is host to incredibly rare, sprawling greens – ideal for large-scale entertaining or events.”

Photo courtesy of Mark Whitehead

 

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Posted via web from The Newport Beach Blog

Thursday, March 11, 2010

$95 million home envisioned for Newport Back Bay

Plans are being drafted to build a 29,000-square-foot home at the north end of the Newport Back Bay, with a tennis court, winery, three-hole chip and putt course and separate guard house at the entrance to the two-acre estate.

Listing agent Mark Whitehead of Surf and Country Real Estate said that at 29,000 square feet, the finished home likely would be the biggest house in Orange County.

The price for this home, when completed about three years from now, currently is set at a range of $79 million to $95 million. The next highest-priced home being developed in Orange County, the Villa del Lago estate in Newport Coast, has a tentative asking price of $87 million.

“The plan is to go ahead and build this monster,” Whitehead said. “The architect is working on the plans as we speak.”

The property went up on the Multiple Listing Service today. Another listing, which went live Saturday, offers the two-acre parcel with the existing 10,000-square-foot house for sale for $19.95 million. The property last sold in August 2005 for $5.2 million, according to Redfin.

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Posted via web from The Newport Beach Lifestyle

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