Richard Nixon’s former house in OC re-listed at $64M

The oceanfront estate was nicknamed the Western White House during his presidency

TRD LOS ANGELES /
May.May 29, 2018 02:00 PM
Richard Nixon and the estate (Credit: Wikimedia Commons)
 

When the President does it, that means it is not overpriced.

 

An Orange County estate once-owned by former President Richard Nixon has reappeared on the market at a lower price, nearly three years after first listing.

Gavin Herbert, the founder of Allergan Pharmaceuticals, owns the home and is listing the property at $63.5 million, down from $75 million.

Located atop a 5.45-acre spread, the Spanish Colonial Revival-style residence includes a 9,000-square-foot main house with seven bedrooms, a two-bedroom guest house, swimming pool, tennis court and manicured gardens, the Los Angeles Times reported.

The 37th president lived in the estate, built in 1926, during his presidency, when he nicknamed it the Western White House, or “La Casa Pacifica.” Nixon used the home to host other world leaders and famous figures, including Japanese Prime Minister Eisaku Sato, Soviet leader Leonid Brezhnev, President Lyndon Johnson, Frank Sinatra and John Wayne. President Franklin Roosevelt also visited the estate when it was occupied by its original owner, financier Hamilton Cotton.

Rob Giem of Compass has the listing.

Home sales in Orange County have been on an upward trajectory. There were seven deals priced above $20 million in the first three quarters of 2017, not including off-market transactions. That’s up from four trades over the same period in 2016.  [LAT] — Natalie Hoberman


Related Article

arrow_forward_ios
Malibu Real Estate Investments principals Bedros Oruncakiel and Kirkor Suri

Malibu spec mansion lists amid softening luxury market

Chandler Parsons and his property on Stone Canyon Road (Credit: Getty Images)

Durant wants out of Malibu, and now Chandler Parsons is listing his Bel Air mansion

CoreLogic's Andrew LePage and Orange County (Credit: Wikipedia)

SoCal housing market shows signs of life, with a caveat: report

Bridge Housing CEO Cynthia Parker and a rendering of the view from Walnut and Anaheim (Credit: SVA Architects)

Fully affordable complex set to rise in vacant Long Beach lot

Tracy Tutor and her Brentwood home

Tracy Tutor of “Million Dollar Listing ” asking a lot more for Brentwood home

Anton Lessine and 321 South Bristol Avenue, and Behati Prinsloo and Adam Levine with their home (Credit: Getty Images and Zillow)

This week in celeb real estate: Adam Levine unloads $45M home, a Hollywood film producer sells in Brentwood…and more

Anton Lessine and 321 South Bristol Avenue (Credit: Getty Images)

Hollywood producer Anton Lessine sells Brentwood Park mansion for $17M

Andy Reid, the President of MetroStudy

The great SoCal slowdown: Homebuilding drops 18%

arrow_forward_ios