The Southern California luxury residential market wasn’t playing around this week. A new build in Corona del Mar sold at an all-time price record for the relatively old-money enclave of Newport Beach, securing $48.5 million, or $4,171 per square foot. The 11,600-square-foot mansion at 3512 Ocean Boulevard first hit the market in February for just shy of $52 million. Nicholson Companies constructed the five-bedroom, 11-bathroom contemporary home which includes a wine cellar, media room, pool and spa. Rising three stories, the property has views of the ocean and Catalina Island. Steven Sergi and Jason Foreman of Valia Properties represented the […]
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