Yes, you read that correctly. This home is on 401 Avocado. If you are not familiar with Corona del Mar, the streets are named after flowers and are in alphabetical order. This home is 4 bed/4 baths with a tennis court, guest apartment, indoor pool.....and amazing views of the channel, catalina and Newport Beach Peninsula. I will also add that it is on 2.3 acres. When I saw this home come up on broker preview this week, I was very excited to see it. I thought this home has to have the "wow" factor. I was a little disappointed after arriving at 401 Avocado. This home is turquoise. If you are from this area, you will notice this house and a building on the water that are the same turquoise color. I heard while on one of the boat tours of the bay that as long as this home was in the Irvine family, that the color needed to stay turquoise. Let's hope the new owners change the color. I am guessing that the new owners will probably tear it down and build a new home. The home needs a lot of work. There were some very nice antiques in the house, but clearly, the home needs a little love. I would love to hear of the stories that those walls could tell. You could tell it was a home that was dearly loved by everyone that stayed there.....very much a family home. I could imagine big Christmas parties there every year.
But, for $38 million? This home is not on the water......and the home needs to be updated. If someone wanted the land, it may be worth it. I heard from another realtor that the land could not be broken up in to a couple of lots.
Anyway, a fun house to talk about. I am guessing this home will be on the market for a while. I am also guessing the Irvine family that lives there, is in no rush to sell.
The picture of the Rolls Royce is for fun. Even in Newport, you don't see them all the time.
Lisa@PropertiesInTheOC.com
www.PropertiesInTheOC.com
