Sun Isle Realty Inc. Sells Famous California Mansion for $12.75 million

Posted by Sandy Ryan — March 18, 2007

Scott Aurich, the owner and broker of Sun Isle Realty Inc. in Coronado, Calif., represented the sellers on the sale of one of the most historically significant properties in Southern California , the Spreckels' Mansion.The home, which sold for $12,750,000, is located on Ocean Boulevard only a few steps from the world famous Hotel Del Coronado. This mansion was designed by renowned architect, Harrison Albright for the sugar magnate and developer of Coronado Island , John D. Spreckels in 1908.Through negotiations with the City of Coronado , Mr. Aurich was able to secure a Mills Act agreement with the new owner and the city to ensure that the house will be preserved.  This agreement provides a property tax reduction to the new owner to restore and maintain the property.Historically significant properties are an important part of the ambiance of Coronado Island , and Sun Isle Realty Inc. has represented the buyers and/or sellers of the last four sales of these large estate properties and worked with the city and Historical Resource Commission to ensure their preservation.For more information, please visit www.SunIsleRealty.com or contact Scott Aurich through e-mail saurich@aol.com and at this phone number: 619-987-9797. Sun Isle Realty Inc. is located at 1339 Orange Avenue Suite 8 Coronado, Calif. 92118.

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