If you are looking for a house in Del Mar California then make sure your broker shows you all the options. It maybe a little out of your price range but the Tippet house is for sale. They bought it for $25 million and now they are trying to flip it for $75 million. I put in my bid at $24 million but please don’t hit my bid.

Here is a link for the tour

California Mansion Tippett Hall on the Market for Record $76 Million

Atlanta, Ga. 8/21/2007 2:17 PM GMT (FINDITT)

Its been seven years since Bill and Carol Stensrud bought the 1937 Colonial-style mansion known as Tippett Hall for a mere $25 million and now the couple are putting their 10,000 square foot oceanfront pad on the market for a cool $76 million, a record price for a residential listing in the exclusive Del Mar area of California.

Tippett Hall features nine bedrooms and 7 ½ bathrooms along with a guesthouse and a beautiful view of the Pacific Ocean, what it doesn’t have is an inside. The Stensrud’s opted to gut the mansion in 2001 for reasons unknown and discarded leaded glass, chandeliers, inlaid floors and a long staircase.

While the mansion is on the market for $76 million the valuation of the property is significantly less. County officials have placed the properties value at $27.3 million.