There's a New Bayfront on the Market
Gross to sell his empty land
Pimco founder Bill Gross bought a $23 million house on Newport Beach's Harbor Island in 2009, and tore it down (via CNBC).
Now, Gross is selling the empty lot for $26.5 million. The lot has 112 feet of Newport Harborfront property and was formerly owned by philathropist Elizabeth Colyear Vincent.
Before he tore it down, the gorgeous Georgian estate had 11,000 square feet, nine bedrooms, and 12 bathrooms.