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A $7.6 million teardown? Seller has bigger plans for Newport Coast mansion

by OC Register

At 20 years old, an ornate, 7,800-square-foot, six-bedroom house in Newport Coast’s Pelican Hill is being sold as ripe for a teardown.

“We’re trying to get people to see the vision,” said co-listing agent Gregory Lynch of HOM Sotheby’s International Realty, speaking with agents at a broker preview last week.

“And the vision is this: 17,000 square feet.”

He gestured to plans for a new mansion that could be built on the lot. The manse would include 7,000 feet of subterranean space, he said, take more advantage of the Pacific Ocean views, and be ever mindful of Feng Shui, a traditional Asian practice using design to achieve harmony within a home.

Though the house today is mostly empty, it still has some of a previous owner’s signature touches.

The entry is flanked by two statues of lions. On one side a tall, round observation deck sits in the middle of a winding pond stocked with large koi. The two-story grand foyer leads to a circuitous flow of halls and rooms. The floors are marble, and the master suite includes black and gold toilets and sinks.

Grounds include a swimming pool and spa, plus a barbeque area with a poolside bar.

A luxury builder bought the house from the last owner, Lynch said, and is ready to rebuild, or at least, remodel it.

Lynch said the architect understands the Feng Shui design elements that are in demand among many high-end, Newport Coast buyers. Continue reading the OC Register article here 

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