Selling The Oc $106 Million Dollar House Address
The $106 Million Dollar House in The OC
The Orange County mansion that served as the backdrop for the hit TV show "The OC" is now on the market for a whopping $106 million dollars. The sprawling 14-acre estate, located in Newport Coast, boasts panoramic ocean views and features a 20,000 square foot main house, a 15,000 square foot subterranean garage, and a 17,000 square foot entertainment pavilion.
The Location
Newport Coast is one of the most affluent communities in Orange County, California. It is home to many celebrities, business executives, and other high-net-worth individuals. The area is known for its stunning coastline, luxurious homes, and high-end shopping and dining options.
The Design and Features
The mansion, designed by renowned architect Richard Landry, features eight bedrooms, 11 bathrooms, a home theater, a wine cellar, a gym, and a sauna. The property also includes a pool, a spa, and a tennis court. The main house is designed to maximize the stunning ocean views, with large windows and outdoor living spaces.
The History of the Mansion
The mansion, which was built in 2002, was originally owned by real estate developer John McMonigle. McMonigle, who was featured on the reality TV show "The Real Housewives of Orange County," faced financial difficulties and was eventually forced to declare bankruptcy in 2009. The mansion was then purchased by its current owner, who has embarked on an extensive renovation and expansion project.
The Marketing Strategy
The $106 million dollar price tag makes this mansion one of the most expensive homes ever listed for sale in the United States. The marketing strategy for the property includes a high-end brochure, a dedicated website, and a targeted marketing campaign to reach potential buyers in the US and abroad. The real estate agent for the property, John Stanaland, has stated that he has already received interest from several potential buyers.
The Potential Buyers
While the $106 million dollar price tag may seem steep, there is a growing market for ultra-luxury properties among the super-rich. Many wealthy individuals are looking for unique and exclusive properties that offer privacy, security, and luxury amenities. The mansion's location in Newport Coast, with its stunning views and high-end lifestyle, is sure to appeal to this market.
The Future of the Mansion
While it remains to be seen who will ultimately purchase the $106 million dollar mansion in Newport Coast, one thing is certain: whoever does will have access to one of the most luxurious and exclusive properties in the world. With its stunning ocean views, top-of-the-line amenities, and prime location in one of Southern California's most prestigious communities, the mansion is sure to be a coveted piece of real estate for years to come.
