What can you buy for 38.5 Million in Orange County CA.

Who says we are in a slump? Jon Lasner at the OC Register was the first to report the would be record holder of Orange County Real Estate home sales. Not $3 million, not $10 million, not even $30 million, but or a tidy sum of $38.5 million you can be the record holder of real estate gaudiness. This Newport Beach Bad Boy is a site to see.

Lasner reports:
It’s palatial and French neoclassic. Big dock on the water. You can find it in Newport Beach now up for sale for $38.5 million. It’s palatial and French neoclassic. Big dock on the water. You can find it in Newport Beach now up for sale for $38.5 million. And if that price target is hit, this sale could break the record $35 million price paid for actor Nicolas Cage’s Newport Bay home nearby in January.