Estate goes on sale for record $76 million

[Krisidious]

DEL MAR – With stocks foundering and the real estate world reeling, here's a counterpoint: The owners of 5.7 acres of prime oceanfront real estate have put an estate on the market for a record $76 million, three times what they paid seven years ago.

Union-Tribune file photo
This Del Mar estate consists of a 10,000-square-foot mansion and a guest house. The main house on the grounds is unfit for occupancy.
But don't think about moving into a palatial home. The main house on the grounds is not fit for occupancy.

The 1937 Colonial-style mansion with 10,000 square feet, nine bedrooms, 7½ bathrooms, leaded glass, chandeliers, a sweeping staircase and inlaid floors installed by Swedish craftsmen has been gutted. Also on the site is a guest house.

http://www.signonsandiego.com/uniontrib/20070817/news_7m17stensru.html

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