A newly built cliff-side mansion overlooking the Pacific Ocean in Southern California comes with an ambitious $32.5 million asking price.
"The Mojave Desert is a great place to do that," he said."But arguably, you know, La Jolla, San Diego, is actually a much better place to do that."
About 300 miles away from its core business in Vegas, Blue Heron's new coastal spec mansion spans four levels with an expansive deck and infinity pool out back on the edge of the Pacific.A glass bridge floats above a lower lounge area and delivers visitors to the home's second floor. At nearly 8,900 square feet, the home includes five bedrooms, eight bathrooms and three kitchens.A stone and glass bridge appears to float above a seating area and fire feature on the lower level.
So why has a builder who's been betting big on luxury real estate in Vegas turned his attention to shattering a local record on the edge of the Pacific?Jones said he has a soft spot for La Jolla, and it's filled with childhood memories of vacationing in the beachfront town with his family. That's just one of the reasons he had his eye on the area in 2016, when he bought the $4.7 million oceanfront home at 5228 Chelsea Street. It was what developers call a"teardown.
"People love the San Diego lifestyle," said real estate broker Brett Dickinson of Compass, who was involved in six of the neighborhood's transactions of $20 million and more. Dickinson is co-listing agent on Ora House with Deborah Greenspan of Sotheby's. Dickinson told CNBC the attraction to the area is fueled by a tech boom that's migrating from the northern part of the state southward.
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