$12,900,000 | Built 2002 | 8,800 Sq. Ft. | 5 Beds | 5.5 Baths | 0.31 Acres
Set on a 0.31 acre property in Newport Coast’s Pelican Hill Golf Club, this ocean view home has been reduced to $13 million. The 8,800 square foot residence was built in 2002 and first hit the market in 2004 for $15 million. The price was adjusted to $19 million in 2007 and gradually came down in price each year. According to the listing, fabrics and stones were imported and created by artisans throughout Europe to give it a true essence of exuberance and grandeur of the Baroque time period. The interiors are opulent and showcase numerous formal rooms, a gourmet kitchen, grand staircase, home theatre, 5 bedrooms and 5.5 bathrooms including the large master suite opening to a spacious veranda with views of the Pacific Ocean. There is also a large swimming pool and subterranean garage. Enjoy the sounds of waves crashing on the accessible beach nearby and the views of the 12th hole at the prestigious world renowned Pelican Hill Golf Club. It’s on the market for $13 million with Spyro Kemble of Surterre Properties.