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Times of India·2 min read·medium

Tech billionaire’s French Palace-inspired 'Sand Castle' is now selling at price cut

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Tech billionaire’s French Palace-inspired 'Sand Castle' is now selling at price cut
AI Summary

The 'Sand Castle,' a luxury oceanfront mansion in La Jolla, San Diego, has received a $20 million price cut, bringing its listing price to $87.5 million. Built by the late tech billionaire Darwin Deason, the property remains the most expensive residential listing in San Diego's history.

Why it matters

The price adjustment highlights cooling trends in the ultra-luxury real estate market and the difficulty of selling bespoke, high-end properties even in prime locations.

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Tech billionaire’s French Palace-inspired Sand Castle is San Diego’s most expensive listing ever, now selling at $20 million price cut - The Times of India

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Confidence: 90%

The article provides factual reporting on real estate market activity without political or ideological framing.

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