Weight loss guru Jenny Craig managed to offload her stunning oceanfront San Diego mansion after five years on the market, following her decision to slim down the asking price by a whopping $17.5 million.
The rectangular home was originally put up for sale for $39.5 million in 2014, but the price was altered several times in the half-decade that followed with the beachfront abode garnering little interest.
Most recently, the home was listed for $27 million in March, but 87-year-old Craig finally exchanged the keys this week after agreeing to sanction the sale of the five-bedroom, seven bathroom home for five million dollars below asking, at $22 million.
Despite the staggering 44 percent drop on the home’s price since it first went to market, Craig’s home broke the record for the most expensive property sold in Del Mar since 2007, a nears the top for the those sold across whole of San Diego County.
Weight loss guru Jenny Craig managed to offload her stunning oceanfront San Diego mansion after five years on the market, following her decision to slim down the asking price by a whopping $17.5 million
The rectangular home was originally put up for sale for $39.5 million in 2014, but the price was altered several times in the half-decade that followed with the beachfront abode garnering little interest
Most recently, the home was listed for $27 million in March, but 87-year-old Craig finally exchanged the keys this week after agreeing to sanction the sale of the five-bedroom, seven bathroom home for five million dollars below asking, at $22 million
Despite the staggering 44 percent drop on the home’s price since it first went to market, Craig’s home broke the record for the most expensive property sold in Del Mar since 2007, a nears the top for the those sold across whole of San Diego County
Craig had owned the home for over three decades, purchasing it with her late husband and business partner, Sidney Craig, as her eponymous weight-loss program experienced astronomical success in the 1980s.
The gated compound-like structure opens to an enormous driveway with enough parking for 18 cars, plus an indoor garage with room for four more vehicles, Willis Allen Real Estate representatives said.
Built around a central pool and spa, is a two story home designed to merge with the lush outdoors surrounding it, with many of the main living spaces focused around the floor-to-ceiling windows that face out to the ocean, which is just steps from the back-door.
Offering 7,625 square feet of space, the tan-color compound offers bright common spaces, accented with while walls and Saltillo tiled floors.
Craig had owned the home for over three decades, purchasing it with her late husband and business partner, Sidney Craig (right), as her eponymous weight-loss program experienced astronomical success in the 1980s
The gated compound-like structure opens to an enormous driveway with enough parking for 18 cars, plus an indoor garage with room for four more vehicles, Willis Allen Real Estate representatives said
Built around a central pool and spa, is a two story home designed to merge with the lush outdoors surrounding it, with many of the main living spaces focused around the floor-to-ceiling windows that face out to the ocean, which is just steps from the back-door
Offering 7,625 square feet of space, the tan-color compound offers bright common spaces, accented with while walls and Saltillo tiled floors
A dual-sided fire place acts as a division between two living areas, and the main floor also features a gallery-style kitchen and a large dining area.
Up a spiral staircase, guests will find a master suite with beamed ceilings and a tiled fireplace. A set of French doors expands out to a panoramic, sun-drenched deck with vast ocean views.
The home features two guest suites, along with a palm-top beachfront patio to accompany the home’s back side, complete with an outdoor kitchen.
The house has seven bathrooms, with the master bathroom adopting an all-white theme with rustic cabinets
A separate view of the record-breaking mansion’s master bathroom shows a large marble shower
Up a spiral staircase, guests will find a master suite with beamed ceilings and a tiled fireplace. A set of French doors expands out to a panoramic, sun-drenched deck with vast ocean views
In addition to a large pool, the home also features a spa complete with a hot tub and sauna
Brown marbled worktops, while cabinets and Saltillo make up the sprawling indoor kitchen, complete with a sea view
The home features two guest suites, along with a palm-top beachfront patio to accompany the home’s back side, complete with an outdoor kitchen
Craig first founded her nutrition and weight loss company in 1983, before selling it off to private equity investors from MidOcean Partners in 2002 for $115 million.
It currently has more than 700 weight loss centers across Australia, the United States, Canada and New Zealand.
The program combines individual weight management counseling with a menu of frozen meals and other foods, which are distributed through its centers or shipped directly to clients.