The Sand Fort, 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 shaped by combining two adjoining tons that Deason bought in 2009. Impressed by the luxurious houses of the French Riviera and Palm Seashore, he undertook a full-scale rework that was accomplished in 2015. The home acquired its nickname because the Sand Fort for its beige exterior and fortress-like design.
“It’s simply time to maneuver on,” Deason, whose fortune comes from promoting an information-technology providers firm to Xerox Holdings Corp. for $6.4 billion in 2010, mentioned in an electronic 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 line with Brett Dickinson, an agent with Compass Inc. who shares the itemizing along with his companion Ross Clark.
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La Jolla has turn out to be a magnet for ultrawealthy retirees, life science moguls and tech buyers lured by balmy climate, low crime charges, high quality faculties and cultural choices, Dickinson mentioned. The median dwelling worth within the space, which is dwelling to the College of California at San Diego campus, has reached $2.3 million — a 22% enhance over the previous 12 months, in line 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 — probably the most stunning seashores, the costliest houses,” Dickinson mentioned.
The Sand Fort has 10 bedrooms, 14 full loos and three half baths, with customized particulars similar to French-imported fireplaces, crystal chandeliers, and an indoor mahogany bar.
The property additionally features a visitor home with three en-suite bedrooms. Outdoors, 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 12 months by a waterfront dwelling within the close by seashore city of Del Mar.
Deason, whose major 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 favourite half is the grasp balcony, the place I can calm down, look out over the ocean, and likewise look out over a lot of the remainder of the property,” he mentioned of the Sand Fort. “I take pleasure in the complete property, however one other half I’m particularly happy with is the nautical-themed bar, which resembles the bar on my yacht.”
