By Stefanos Chen
An unfinished, 16,600-square-foot mansion in Southern California once listed for $57 million has sold at auction for just $18.5 million, according to the property owners’ lawyer.
Located in the upscale city of Newport Beach, Calif., the mansion was last listed for $37 million before being brought to auction in the last week of April. If the deal is accepted by all parties, including the lender and a list of subcontractors, the sale will draw to … (View original article)