The Portabello Estate Off the Market -- For Now
We first covered this estate three years ago and since then it's been all around the web and even on Oprah but now the $75 million estate in Corona del Mar, California has disappeared from the market. The listing expired, according to a spokesman from the McGonigle Group, which last had the listing. Unsold, the spokesman said. The oceanfront estate is designed to resemble a nautilus shell, with a large open area at the center and chambers, including eight bedrooms, spanning outward. The home includes a two-story grotto with a pool, two spas, swim-up bar, tunnel slide, poolside lounge room and barbecue area. The entertainment level has a bowling alley, Art Deco theater, automotive museum, cafe and a gym. At approximately 2,000 square feet, the two-bedroom master suite alone is larger than some houses.
In an interview in 2008 in the OC Register the architect, Brion Jeannette, described it the estate as being worth the $75 million price tag. Apparently not a sentiment met with much agreement in today's market.
[Thanks, John]
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Reader Comments (Page 1 of 1)
Steve Pollack Oct 7th 2009 2:29AM
The agent that was handling this property is John McMonigle and my firm did the marketing for the project. Here is the website: http://bit.ly/1ThoAI
Paul Morelli Oct 19th 2009 6:23PM
I spent about 3 1/2 years working on this project on site. I drew up just about every inch of the place and plotted everything full scale to be templated. The sketches came from Frank and Andy, alot of back and forth, redesigning and changing. It was amazing working with the most talented people in the industry.
Fantastic Experience.. Dont know why they would ever sell it.. Great people, Frank and Melanie.
Extravagantly-Creative Oct 27th 2009 7:46AM
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What a fantastic opportunity to have been able to work on such a true "Masterpiece" in real estate.
I would have loved to have been able to see & walk throughout Portabello in it's entirety - Not just 8 or so pictures which have been released to the general public.
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