A bayfront estate with a unique suspended European soaking tub owned by entrepreneurs and philanthropists, Mike and Lori Gray, has been listed for $47,500,000 by Tim Smith, a Coldwell Banker Global Luxury Property Specialist affiliated with the Newport Beach office of Coldwell Banker Realty. Both owners have deep roots in fashion with a more than 25-year career with luxury brand St. John Knits. Once featured on “Million Dollar Listing” and located at 309 Via Lido Soud, Newport Beach, Calif., the residence has four bedrooms and five bathrooms and approximately 105 feet of harbor frontage.
“Over the past 40 years, Mike and Lori have developed a passion for architecture, quality and design. With dozens of projects completed, they have brought a wealth of personal experience to the construction of this residence,” said Smith. “An immersive sensory experience at every turn, this mesmerizing waterfront retreat is peerless in quality, privacy and scale. One can simply open the doors to this private resort and feel the weight of the world fall away.”
Boasting sparkling harbor views and an incredible level of design detail, the home’s profound craftsmanship is accentuated by ultra-suede and silk wall coverings, designer light fixtures, hand-set river rock and wave porcelain tile ceilings. With enchanting water views through walls of Euroline glass doors, the home encompasses a bright living room with wood-burning fireplace, dining room, family room, gym and executive office. The open kitchen features an island, custom cabinets, a service kitchen hidden-from-view and premium appliances. Overlooking panoramic bay views, the luxurious primary suite offers dual walk-in closets and spa-like bathroom with a suspended European soaking tub and dual sinks.
In addition to a six-car garage, there is a separate guest dwelling with a bedroom, living room, dining area and kitchen. Enabling an indoor-outdoor lifestyle, the grounds include the Porcelanosa tile patio that wraps around the estate, sunny lounge areas, a firepit and an entertainer’s cabana with heated flooring and striking water-on-water views. The private Ekpe wood dock accommodates 60-, 48- and 28-foot vessels with the option to reconfigure for a 100-foot yacht.
“All five senses are ignited here by the scent and taste of salty beach air, the sounds of trickling water features, the feel of textured surfaces and the sight of bustling harbor activity,” said Smith. “Located within the exclusive enclave of Lido Isle, this one-of-a-kind compound is moments from Nobu, Lido Marina Village, private jet centers and world-class golf courses. It is the ideal place to watch with awe as the famous Newport Beach Christmas Boat Parade passes only feet away.”
To view the home, contact Tim Smith at 949-478-2295 or tim@timsmithgroup.com.
Coldwell Banker Realty in Southern California, the No. 1 residential real estate brokerage in Southern California, operates 61 offices with approximately 4,341 affiliated agents. Real estate agents affiliated with the company are independent contractor agents and are not employees of the company. Coldwell Banker Realty is owned by a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), the largest full-service residential real estate services company in the United States. For more information, visit ColdwellBankerHomes.com. CalDRE #01908304.
Photo by Toby Ponnay.
