Portabello Estate of Corona Del Mar
By Tim Lorenz, 949 874-2247
(TIM LORENZ - Elite Home Sales Team)
The Portabello Estate of Corona Del Mar sold it's asking price had been $75 million and it is a 22,000 square foot home on the water with limestone flooring and glass partition that rises out to the kitchen counter. It has 8 bedrooms and it's own cove. The Portabello Estate of Corona Del Mar cost $33 million to build and the land according to the agent John McMonigle was worth $45 million. The price was double that of any home had ever sold for. It closed on October 20th. The sale price was at 34.1 million the third highest sale in the county history. According to The Orange County Register the home's buyer is and entrepreneur and philanthropist Fariborz Meseeh he traded and Ocean View lot on Pelican Point Dr plus cash for the home. The Wall Street Journal reported that the land w...
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