Orange County's most expensive homes have presidential pedigree, ocean views
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Orange County's most expensive homes have presidential pedigree, ocean views
"Orange County saw one of its priciest sales historically earlier this year when a Laguna Beach property known as Twin Points changed hands for $45 million - roughly 64 times the county's median sale price in April for single-family homes, according to CoreLogic. However, the high-water mark may not stand for long, considering what's currently on the market."
"Named La Casa Pacifica by then-owner Richard M. Nixon, the sprawling bluff-top compound was used as a Western White House during the 37th U.S. president's term. Listed for: $69 million for 9 bedrooms, 12 bathrooms in 15,000 square feet (5.45-acre lot) with Spanish colonial revival architecture; ocean-view office; tennis court."
"Rose gardens, 100-year-old olive trees and fountains imported from Europe fill the grounds of this oceanfront estate in northern Laguna Beach. Listed for: $59.9 million for five bedrooms, 8.5 bathrooms in 18,000 square feet (1.02-acre lot) with terrazzo floors; wood-paneled study/office; ocean-view swimming pool and spa."
Orange County experienced a historic high-value real estate transaction when Laguna Beach's Twin Points property sold for $45 million, approximately 64 times the county's median single-family home price. However, several luxury properties currently listed may surpass this record. San Clemente's La Casa Pacifica, the former Western White House used during President Nixon's administration, lists for $69 million across 15,000 square feet on 5.45 acres with Spanish colonial revival architecture. A Laguna Beach oceanfront estate on Riviera Drive lists for $59.9 million with 18,000 square feet and European imported fountains. Another San Clemente hacienda-style mansion in Cotton Point Estates lists for $55 million on nearly 3 acres with 450 feet of ocean frontage. These properties represent the ultra-luxury segment of Orange County's real estate market.
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