Posts
0
Joined
5/10/2021
Anonymous (not verified)
Edited Date/Time
1/4/2018 11:18am
Nice sale price!
https://www.ocregister.com/2018/01/03/home-at-tip-of-lido-isle-sells-fo…
"A five-bedroom, Cape Cod-inspired home at the end of Lido Isle just sold for $18.3 million, shattering an all-time record in that community.
The property, on nearly a third of an acre, had an over-the-top selling point: 200 feet of frontage along Newport Bay on a corner lot, with several docks to accommodate large yachts.
Built in 1942 and updated, the two-story home has 4,388 square feet of living space. The residence is tucked beyond a wrought iron gate and private drive leading to a motor court and fountain.
New England ambiance includes shingle-style architecture, brick, broad lawns, and a white picket fence. Among the interior spaces are an open kitchen and large family room. Most rooms have views of the bay, including the master suite, with a deck and two walk-in closets.
Alison McCormick of Douglas Elliman Of California handled both sides of the deal. It was the highest sale ever for a house on Lido Isle, she said.
Property records show the home belonged to Roland Hinz, owner of Hi-Torque Publications, which puts out magazines including “Dirt Bike” and Motocross Action.” Hinz also has been a director of the Salem Christian radio broadcasting chain.
He and his wife Lila transferred the property to the Hinz Family Charitable Foundation in July 2017, records show. The home sold on Dec. 28."
https://www.ocregister.com/2018/01/03/home-at-tip-of-lido-isle-sells-fo…
"A five-bedroom, Cape Cod-inspired home at the end of Lido Isle just sold for $18.3 million, shattering an all-time record in that community.
The property, on nearly a third of an acre, had an over-the-top selling point: 200 feet of frontage along Newport Bay on a corner lot, with several docks to accommodate large yachts.
Built in 1942 and updated, the two-story home has 4,388 square feet of living space. The residence is tucked beyond a wrought iron gate and private drive leading to a motor court and fountain.
New England ambiance includes shingle-style architecture, brick, broad lawns, and a white picket fence. Among the interior spaces are an open kitchen and large family room. Most rooms have views of the bay, including the master suite, with a deck and two walk-in closets.
Alison McCormick of Douglas Elliman Of California handled both sides of the deal. It was the highest sale ever for a house on Lido Isle, she said.
Property records show the home belonged to Roland Hinz, owner of Hi-Torque Publications, which puts out magazines including “Dirt Bike” and Motocross Action.” Hinz also has been a director of the Salem Christian radio broadcasting chain.
He and his wife Lila transferred the property to the Hinz Family Charitable Foundation in July 2017, records show. The home sold on Dec. 28."
The Shop
As for the house, that's one helluva selling price. I wonder how long he owned it, and what he paid for it?
I actually got to attend a party there before he died. Best view in Newport hands down.
https://www.architecturaldigest.com/story/john-wayne-california-house
Pit Row
Another person that hung out with Roland Hinz as a kid told me they would always be walking out of movies theaters anytime suggestive material came on the screen.
However, if I had $18m to spend on an estate I guarantee you there wouldn't be houses 18" to either side! That's a lot people packed into that small area of real estate.
Post a reply to: Roland Hinz Cashes Out in Style!