A bayfront mansion in Newport Beach, California, has been sold to renowned psychiatrist Dr. Daniel Amen for $27 million. The Tuscan-style house, previously owned by auto tycoon Fletcher "Ted" Jones Jr., offers panoramic coastline views and features antique finishes and imported stone. The property spans 9,478 square feet and is situated on a 0.34-acre lot. The sale concluded after a period of multiple offers and changing prices between $30 million and $32 million over several years.

Summary of transaction details

• Property Type: Single Family
• Transaction Amount: $27,000,000
• Square Feet: 9,478
• Price per Square Foot: $2,849
• Market: Newport Beach
• Buyer: Dr. Daniel Amen
• Buyer's Representative: Paul Daftarian & Sahand Zargari - Luxe Real Estate
• Seller's Representative: Kimberly Bibb - Coldwell Banker

Dr. Daniel Amen, a renowned psychiatrist, purchased the bayfront mansion in Newport Beach. The sale was facilitated by Paul Daftarian and Sahand Zargari of Luxe Real Estate, who represented the buyer. Kimberly Bibb of Coldwell Banker acted as the seller's representative. The transaction marks the end of a period during which the property attracted multiple offers and underwent price fluctuations between $30 million and $32 million over several years.