Blufftop mansion relists at $49 million
July 22, 2010 - Corona Del Mar
By Candace Jackson from The Wall Street Journal Asia
Software-company founder Frank Pritt has relisted his Orange County mansion for $49.6 million, down from the $75 million he originally sought in 2006.
Mr. Pritt founded Attachmate Corp., which specializes in a range of business-to-business products.
The 22,000-square-foot beachfront estate in Corona del Mar is called "Portabello" and has eight bedrooms, 10 bathrooms and two saltwater swimming pools surrounded by grotto cliffs.
An underground 15-car garage can double as a ballroom.
A subterranean level includes a Art Deco-style movie theater, diner, bowling alley and a jewelry store-a streetscape partly inspired by Mr. Pritt's hometown of Charleston, W.Va.
Mr. Pritt purchased three oceanfront lots in 1996 for $13 million, with a total of 325 feet of oceanfront, and built the house over about six years. He says he's selling because his youngest children are out of college; he now lives in Seattle.
He took the house off the market about a year after its 2006 listing. Despite the size, he says "it's really a pretty cozy house," with the everyday living spaces designed to feel intimate.
John McMonigle of the McMonigle Group in Newport Beach, Calif., has the listing.
This article has been republished from Wall Street Journal
blog, Mansion, celebrity, Frank Pritt, Orange County