Over the course of his 35-year career, prolific actor and stand-up comic David Spade has amassed a considerable fortune. And two years ago, he put his financial wherewithal on public display, slamming down nearly $14 million on an all-new mansion in the Hollywood Hills, perched directly above L.A.’s bustling Sunset Strip.
Any industry star with an A-list-sized bank account also requires an impressive beach house, and Spade has now added that very thing to his portfolio. Records reveal the 59-year-old Michigan native just forked out $9.5 million for another all-new house, this one sited in the breezy and fiendishly expensive Cameo Highlands community down in Newport Beach’s Corona Del Mar neighborhood, about an hour south of Los Angeles by car.
Unfortunately, because the house was only just completed and was not on the market at the time of Spade’s purchase, photos are scant. But we do know that the landlocked beach pad, which sits a short jaunt above Pacific Coast Highway, sports dazzling ocean and sunset views from its hillside perch. Contemporary and flooded with natural light via oversized windows, the single-story residence offers four bedrooms and 4.5 bathrooms in about 3,800 square feet of living space.
Designed by local architect Mark Teale and built on speculation by developer Nicholson Companies, the house includes an open floorplan with an atrium entryway, a media room, a large office, and a central great room headlined by a chic, European-style kitchen flaunting premium SubZero and Miele appliances.
Other highlights, according to renderings and prior marketing details, are not limited to an infinity-edged pool and spa, a state-of-the-art solar panel system, and a loggia-covered patio ideal for al fresco dining and entertaining. All four bedrooms feature ensuite bathrooms, and the entire home is bathed in a soft, neutral color palette that allows the view and the ocean to be the visual stars of this real estate show.
And while the house does not offer direct beach access, it’s just a short distance from famed Crystal Cove State Beach, as well as minutes from the numerous dining and shopping destinations of Laguna Beach and Newport.
In addition to his main residence in the Hollywood Hills and his new Corona Del Mar getaway, Spade also maintains a cozy $2.3 million bungalow near West Hollywood. Brenda McCroskey of Compass held the Corona Del Mar listing; Stuart Vetterick of Hilton & Hyland repped the buyer.
Source: Luxury - robbreport.com
