David Wilson found a buyer willing to spend more than $82 million on his Laguna Beach estate. He did not find one willing to pay $112 million. The oceanfront property at 100 Rockledge Road sold October 14 for $82,569,990, according to Homes.com News. The closing was approximately $29.43 million, or 26.3%, below its July asking price. Yet this was hardly a modest transaction. Homes.com reported it as Orange County’s second most expensive residential sale, behind a $110 million Laguna Beach…
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He Asked $112 Million. The Laguna Beach Buyer Paid $82.6 Million. Luxury Still Has Limits.
David Wilson found a buyer willing to spend more than $82 million on his Laguna Beach estate. He did not find one willing to pay $112 million.
