Dean Kontz sells Newport Coast Home for a record 50 million – Variety

Bestselling horror nove panacea Dean Kuntaz and his longtime wife Gerda Ann are in the mood for a mix of their Orange County, California real estate portfolio. The Wall Street Journal reports that before they paid 10 10.5 million for a house in Irvine’s picturesque shady Canyon Gate community, the Wall Street Journal reported – and property records confirmed – the couple very quietly moved their custom mansion to the Uber-rich Newport Coast neighborhood right next to 50 million. Sold in dollars.

Since the house was designed by Kuntziz and never offered on the open market, many of its specifications remain a mystery. Tax documents, however, show that the relevant compound was completed in the early 2000s, sitting on an unusually wide 2.5-acre site in the hills above Newpur Beach and with about 30,000 square feet of rambling living space. Aerial imagery additionally architecturally obscure megamation sports two separate driveways, a huge rooftop parking lot for guests and staff, and a partial Mediterranean garage for a dozen or more cars.

In addition to the house, apparently built on an unlimited budget, the entire fragile property is expensively landscaped, including formal gardens, mature trees and sculpted privacy hedges. There are not two but two end-end swimming pools, probably both with breathtaking views over the Pacific Ocean and the surrounding mountains.

The new owners are Glenn Stern, Jackson Hole, a Wyoming-based businessman who starred in the Discovery Channel reality TV series “Undercover Billionaire”. The show, led by Forbes, always a truth-checking wet blanket, later mentions that the Stern No. In fact, he is a billionaire (but with an estimated net worth of $ 500 million and a োর্ট 50 million Newport mansion, he rarely misses it))

As noted in the Orange County Register, োর্ট 50 million represents the highest payable for any home on the Newport Coast. And that, too, depends more on how it looks, the largest or second largest O.C. The residential contract is never signed. Back in 2018, Arizona-based billionaire Larry Van Twill paid $ 55 million for a Corona Del Mard compound, but those sales were two attachments but the two were technically separate as property. In contrast, the Kuntz-Stern agreement was for single parcel land.

Stearns could easily find out that his new home is the largest asset of the Newport Coast’s exclusive Pelican Hill watchdog community, where other homeowners include financially heavy hit-hits such as supercar enthusiast Mani Khoshbin, tech multibillionaire Henry Nicholas, video game designer. And Bill Camry, a Canadian furniture wholesaler.

The Kuntazars have already demolished the Newport Coast for Shady Canyon, where they not only previously owned a $ 10.5 million pond, but also a second palace elsewhere in the same enclave, which they acquired for শেষ 11.6 million late last year.