Laguna Beach home bought for $16M now listed for $112M after rebuild

A Laguna Beach oceanfront estate is now on the market for $112 million. The owners invested $20 million to extensively renovate the property over two years. This remarkable residence spans 14,400 square feet and includes six bedrooms. The owners are selling as they have relocated and no longer need the large home. This listing aims to set a new residential sales record for Orange County.