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A Crystal Cove buyer paid $30 million in January for a rare 1.1-acre double-lot estate once owned by the Penske family; after mostly cosmetic updates, the property sold seven months later for $38.9 million

  • Posted on October 6, 2026
  • By The Times of India
  • 0 Views
  • 1 min read
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A Crystal Cove buyer paid $30 million in January for a rare 1.1-acre double-lot estate once owned by the Penske family; after mostly cosmetic updates, the property sold seven months later for $38.9 million
A Crystal Cove buyer paid $30 million in January for a rare 1.1-acre double-lot estate once owned by the Penske family; after mostly cosmetic updates, the property sold seven months later for $38.9 million

land, privacy and even location. In Crystal Cove of Newport Coast, one such property just changed hands for $38.9 million, seven months after its previous owner acquired it for $30 million.
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The Times of India

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