The famed French neoclassic-style mansion located at 18 Harbor Island in Newport Beach, California has sold for $37 million, placing it among Newport Beach’s most expensive property sales. The listing was held by Pacific Sotheby’s International Realty’s Tara Shapiro. Variety Magazine reported the new owner is the Chinese tech billionaire Eric Siliang Tan, the chairman and CEO of the news aggregator Qutoutiao.

The one-of-a-kind waterfront treasure with a total building size of approximately 16,000 square feet lives graciously with large-scale rooms and a panorama of sublime water views. The property features over 300 feet of bay frontage with a newly reconstructed yacht accommodation for a craft in excess of 120 feet, as well as additional boats and water toys along the western portion of the estate grounds.

Beautifully and tastefully appointed the exquisite finishes and custom refinements are flawlessly employed. Abundant natural light cascades throughout the formal and informal spaces, illuminating the myriad bespoke details of this transformed neoclassic home.

The grand-scale of the interior balances seamlessly with multiple exterior limestone terraces, flowing gardens, and a magnificent pool surrounded by the glistening waterfront and captivating, lively views of the harbor turning basin.

Rich with history, the guard gated Harbor Island enclave is perhaps the most coveted address along the waterfront in Southern California.

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