Michael Franco of MWA Compass Realty, just sold the priciest home of the 2023 in Newport Coast. Located at 1 Pelican Drive, this 13,400 square foot home is part of the Pelican Crest development in Pelican Hill. On January 4th, this estate was sold for $30.6 million, Michael Franco represented buyer in this transaction. This was a 32% decrease in price from the original listing price of $45 million in July of 2021. The property was once owned by Herbalife executive Dolan Andry, who sold it in 2017. This seven-bathroom, ten-bathroom mansion was built in 2010, by Fari Construction for Los Angeles. The home was renovated in 2020, with imported onyx slab floors, Cristallo slab countertops, fabric walls, wood paneling, and Venetian plaster walls. Enter the property through a private gate, follow the motor court around the water fountain, ending in the porte-cochere. Upon entering the main building, guests are greeted by a two story, grand foyer. The main building is home to the formal living room and dining room, executive and assistant offices, primary kitchen and secondary prep kitchen and guest suites with kitchenettes. The north wing is dedicated to the master suite with a living room, double closets and bathrooms and a large view deck. Other features of the estate include a 1,200-bottle wine room, bar, games room, a 13-seat cinema, gym, and massage room. The subterranean level is dedicated to a seven-car garage. There is commercial elevator access to all levels. The home and property have far-reaching views of the Pacific Ocean, whitewater, Catalina Island, Pelican Hill Golf Course, city night lights and incredible sunsets. This home sits on nearly three quarters of an acre of pie shaped property. Outdoors, the resort style grounds have a swimming pool, spa, cabanas with showers and bathrooms, an outdoor kitchen and detached guest casita. Pelican Crest is home to 158 custom built homes and is a 24-hour gate guarded community.