Tuesday, September 20, 2005

$50 million for estate? But it's on the beach

SignOnSanDiego.com > News > Metro > Diane Bell -- $50 million for estate? But it's on the beach: "Only five years after the Del Mar home of the late Ruth Tippett (on 5.6 acres) sold for a record $25 million, owners of another beach-front estate there are asking for 'a minimum bid' of $50 million.
What, you might ask, would that buy? Try 120 feet of beach frontage on Ocean Avenue, with an estate designed in 1997 by Ken Ronchetti. It comes with a four-bedroom home, two guest houses, a health spa, theater, pool, greenhouse, tennis court and 10-person Jacuzzi. There is more "
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