Hot Property: LoanDepot CEO lists Newport Coast estate at $12 million
Anthony Hsieh, the mortgage industry entrepreneur and chief executive of LoanDepot.com, has listed his estate in Newport Coast for sale at slightly less than $12 million.
The Tuscan-style estate, built in 1999, frames sprawling views of the Newport Harbor and coastline from its location in the affluent guard-gated community of Pelican Crest. Lined in marble and wood, the floor plan features soft interiors with coffered ceilings, delicate built-ins and decorative stone pillars.
The 9,778 square feet of living space spans three floors and has an elevator, an exercise room, a home theater with stadium seating, an office and a wine cellar. There are five bedrooms and six full bathrooms, including a top-floor master suite complete with a private sitting room and heated terrace.
Outdoors, grounds of more than a third-of-an-acre contain a generous heated loggia, an outdoor kitchen and fireplace, and a pool and spa with water features.
Hsieh previously served as the president of LendingTree until 2007. He started LoanDepot, the online mortgage lending company based in Irvine, in 2010.
Records show that the estate last sold in April 2006 for $8.6 million. Hsieh also owns a second property in Newport Coast that he purchased in February 2006 for $2.4 million.
Jacqueline Thompson of Surterre Properties in Newport is the listing agent.
neal.leitereg@latimes.com
Twitter: @NJLeitereg
