Newport Coast manse finds buyer after nearly $20M in price cuts
A Tuscan-style mansion in Newport Coast, complete with an eye-catching pool design, just fetched $30 million. An unidentified buyer has purchased the 13,206-square-foot manse at 36 Pelican Crest Drive, Mansion Global reported. The half-acre property first hit the market last July with Josh Altman and Matt Altman of Douglas Elliman for just shy of $50 million. It underwent several price cuts before falling to nearly $31.9 million when it went into contract in February. The sale closed last month. Completed in 2003, the home is part of the Pelican Crest community south of Newport Beach. The estate features high-end touches […]This article originally appeared on The Real Deal. Click here to read the full story.
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