$22 Million Solar Home on a Hill in Corona del Mar
Price: $22,000,000 Address: 1301 Dolphin Terrace, Newport Beach, California. Listing Agent: Steve High & Evan Corkett of Villa
Everyone wants the benefits of solar energy (cheap utility bills) but lets’ be honest…it’s not particularly pleasant to look at. My city has taken a liking to solar panels for energy savings and in so doing, is starting to look like a factory. Saving energy is a good thing, and perhaps that is why the media has taken such interest in a home for sale in Newport Beach, Calif. There are plenty of homes on the market for more than $20 million these days, but what makes this house stand apart is its distinction as the first certified Leeds Platinum Home over 10,000 square feet in USA or Canada. The 11,740 Sq. Ft. house on a 0.37 acre lot with 4 bedrooms & 9 bathrooms won a Silver Award for its energy innovations at the 2012 International Builders Show’s “Nationals Awards”. According to its owners the solar installation pays for approx. 95% of the energy costs in monthly bills.
The house is a model home for energy savings, but some of the neighbors think it’s an eyesore, and it causes one neighbor who lives below it sore eyes each afternoon when reflections from the hillside wall of glass-covered solar panels beams into his waterfront house. The $22 million (asking price) solar dream home of Stephen and Mashid Rizzone which overlooks Balboa Island, Newport Harbor and Bay, offers stunning ocean views and from its vantage point the 3,000 square feet of solar panels on the sloped hill of the property are generally not visible. California has laws that favor solar installation over esthetics. When the neighbor with sore eyes tried to get the solar hillside altered or removed he had no legal ground to stand on.
