DEL MAR, Calif. (KGTV) - A Del Mar home just made a housing market breakthrough, becoming the first San Diego County home since 2007 to sell for more than $20 million, according to the seller's agent.
$21,500,000 to be exact, down from the most recent listing price of $24,900,000.
The housing market milestone was crossed this week by the seller's agent Eric Iantorno & Associates at Pacific Sotheby’s International Realty. The buyer's agent was Kyle Stanley of Coldwell Banker Residential Brokerage, Del Mar.
10News first showed you the home at 100 Stratford Court last August, when it was listed $1 million higher than the final listing price.
The seller is David Batchelder, described in a Cal State San Marcos biography as a revered activist investor who manages $6.5 billion in pension funds.
SLIDESHOW: Tour the Del Mar home
You may have walked by the property on your last visit to Torrey Pines. The Mediterranean-style eye-catcher sits on 6,000 square feet of bluffs on the southern end of Del Mar.
There are the usual multi-million dollar amenities: lush finishings, more than an acre of landscaped grounds, outdoor living space, and a saltwater pool and spa, along with extra touches of luxury like heated kitchen floors and a shower with an ocean view.
So who gets to live in this San Diego County palace? Details about the buyer are under wraps for now.