According to Reuters, the largest parcel of residential real estate on southern California's Newport Coast is going up for real estate auction next week. The 17 bathroom, 17 car garage mansion boast marble floors, gold leaf ceilings, a vineyard, horse stables, tennis courts and a lake.
Valued at over 87 million dollars, the bank is hoping to get at least a 1/4 of the actual value.
The luxury home is located at One Pelican Hill Road North.
To read more, go to: One Pelican Hill Road North
Looking to buy this luxury home or any other luxury home and would like to obtain a low rate on a jumbo mortgage, we have the banking contacts to help. Currently our banking partners are offering jumbo mortgages on luxury homes with no PMI at 6.625%. Call for details.
RE/MAX sells more homes than any other real estate company.
For a reason...should we talk?
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