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corona del mar

The Portabello Estate Off the Market -- For Now

Filed under: Estates


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]

Portabello Estate Could Set Record

Filed under: Estates

Frank Pritt, founder of software company Attachmate Corp, is selling his custom-built Corona Del Mar estate and if it hit its list price of $75 million, it would set a record as the most expensive residential home sold in the United States. The 30,000-sq. foot home, interestingly named the "Portabello Estate," stretches to all the property lines on its 1/2 acre lot, adding the additional square footage (1/2 acre = 21,780-sq. feet) in additional floors. It boasts 8 bedrooms, 10 bathrooms, multiple pools and a private grotto, though the beach that it sits on is not private. Most realtors don't think that the Orange County house is likely to make its asking price not only because it is far more expensive than any neighboring properties, but the house is right on a main road and offers virtually no privacy.

Full details are listed at the website of the realtor, John McMonigle.

 

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