Multilevel marketing mogul sells Irvine mansion for $25 million, a new record
LA TimesBuilt in 2007 andremodeled since, the Mediterranean-style mansion overlooks the city from its perch in the affluent enclave of Shady Canyon. A Mediterranean-style mansion in the hills of Irvine just sold for $25 million, making it the priciest property ever sold in the city. The record-breaking sale redefines the top of the market in Irvine, which until now hasn’t quite reached the dizzying heights of luxury homes closer to the water in Laguna Beach or Newport Coast. If an Irvine home fetches more than $10 million, it’s likely located in Shady Canyon. The master-planned community has attracted celebrities such as baseball stars Albert Pujols and Mark McGwire, and the previous record holder, which sold for $17 million in January, sits a few houses down from the one that just sold.
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