The Sand Fortress, a clifftop mansion overlooking the Pacific Ocean in La Jolla, California, has been listed for $108 million, greater than double the present document for a house sale in San Diego County.
Owned by tech billionaire Darwin Deason, the sprawling property was fashioned by combining two adjoining heaps that Deason bought in 2009. Impressed by the luxurious houses of the French Riviera and Palm Seaside, he undertook a full-scale transform that was accomplished in 2015. The home acquired its nickname because the Sand Fortress for its beige exterior and fortress-like design.
“It is just time to move on,” Deason, whose fortune comes from promoting an information-technology companies firm to Xerox Holdings Corp. for $6.4 billion in 2010, stated in an e-mail.
The house stands atop a seawall constructed earlier than California rules banned anti-erosion fortifications, making it unattainable to assemble one thing related today, in keeping with Brett Dickinson, an agent with Compass Inc. who shares the itemizing along with his associate Ross Clark.
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La Jolla has turn out to be a magnet for ultrawealthy retirees, life science moguls and tech traders lured by balmy climate, low crime charges, high quality faculties and cultural choices, Dickinson stated. The median house worth within the space, which is house to the College of California at San Diego campus, has reached $2.3 million — a 22% improve over the previous yr, in keeping with Redfin.
Nonetheless, La Jolla stays a relative discount in contrast with different Southern California coastal enclaves, like Malibu and Montecito.
“La Jolla is the jewel of San Diego — the most beautiful beaches, the most expensive homes,” Dickinson stated.
The Sand Fortress has 10 bedrooms, 14 full bogs and three half baths, with customized particulars comparable to French-imported fireplaces, crystal chandeliers, and an indoor mahogany bar.
The property additionally features a visitor home with three en-suite bedrooms. Exterior, the pool is lined with blue Thassos marble tiles and is accompanied by males’s and girls’s cabanas. A person-made seashore has sand imported from the identical supply that provides the sand traps at Augusta Nationwide Golf Membership.
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The present gross sales document in San Diego County is $44.1 million, set final yr by a waterfront house within the close by seashore city of Del Mar.
Deason, whose main residence is Dallas, additionally owns trip houses in Texas and Mexico, in addition to the Apogee, a yacht the place he spends time within the Mediterranean and Caribbean.
“My favorite part is the master balcony, where I can relax, look out over the ocean, and also look out over much of the rest of the property,” he stated of the Sand Fortress. “I take pride in the entire property, but another part I am especially proud of is the nautical-themed bar, which resembles the bar on my yacht.”
