The owner of a Corona del Mar home that once was the most expensive in Orange County has put it back on the market for a greatly reduced $49.6 million.
Frank Pritt, founder of Seattle software maker Attachmate Corp., has relisted his Corona del Mar home known as Portabello, according to the Wall Street Journal.
Pritt first listed Portabello for sale in 2006 for $75 million, making it the most expensive home in the county. He took the house off the market about a year later.
At $49.6 million, Portabello now appears to be the second most expensive home for sale here. Topping it is a $57 million estate on Newport Coast called Villa del Lago that’s finishing construction.
Portabello is on a triple oceanfront lot with a panoramic view of the Pacific.
It has eight bedrooms, 10 bathrooms, a three-story grotto with two pools, two spas and a swim-up bar, a two-lane bowling alley, an auto museum, an Art Deco theater and a 2,000-square-foot master bedroom suite.
Pritt also built an underground streetscape partly inspired by his hometown of Charleston, W.Va.
He bought three oceanfront lots in 1996 for $13 million and built the house over about six years.
Pritt told the Wall Street Journal he’s selling because his youngest children are out of college and he now lives in Seattle.
