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Crystal Cove home, with 30-car garage space, seeks $40 million

A newly built Crystal Cove mansion has come to the market for $39.95 million.

The price is the highest on the Multiple Listing Service in Newport Coast.

Set on a half-acre lot with ocean views, the four-level Northern Italian-style home on Coral Ridge checks all the boxes when it comes to luxury. Within 15,376 square feet are seven bedrooms, 13 bathrooms and a lower floor devoted entirely to the pursuit of entertainment and wellness.

Amenities include a state-of-the-art theater, a billiards room, a wet bar, and a wine cellar. There’s a gym and a dedicated spa room with a sauna.

Two showcase garages with museum-quality lighting, an 18-foot car turntable and room for 30 car adds to the luxe offerings.

In the home’s upper reaches, abundant glass from large framed doors and windows floods the living space with natural light and brings warmth to designer finishes.

A marble-topped island anchors the gourmet kitchen with its custom stainless steel appliances,  as well as a secondary kitchen and butler’s pantry.

The top-floor master suite extends outdoors onto an ocean-facing observation terrace.

Outdoor features include Mediterranean-inspired landscaping,  an entry courtyard with water features, an infinity-edge swimming pool, a putting green, a fire pit, and a built-in barbeque with bar seating.

Rex McKown and Marcy Weinstein of McKown Weinstein Associates at Compass hold the listing.

The house comes to the market on the heel of record sales in Crystal Cove, including this year’s priciest so far: an 18,868-square-foot mansion that developer Carl Panattoni and his wife, Mary Jane, sold March 22 in an off-market deal for $41 million.

In October 2020, LoanDepot CEO Anthony Hsieh became the owner of a $61 million Crystal Cove mansion, the most expensive property ever sold in Orange County to date.

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