MMA and particularly the UFC is big business. Just as Frank J. Fertitta III, majority owner, along with brother Lorenzo, of the Ultimate Fighting Championship.
According to the OC Register, Fertitta recently purchased a 6,000-square-foot ocean front home at 106 Emerald Bay in Laguna Beach, Calif. for $28 million, making it the fifth-highest amount ever paid for an Orange County home.
Fertitta was able to get the house for $9 million less than what the owners were originally asking. The resedential property initially listed for $36.9 million back in December of 2008.
The house has 6 bedrooms, 7 baths, a garage, an aromatherapy steam shower, state of the art audio/video systems, hidden motorized shades, spa, gym, and an infinity pool. In addition to the main residence, 106 Emerald Bay also has an approximately 580-square-foot separate guest house.
There are only a total of 14 homes with beach front property in the private Emerald Bay community. The street boasts some of the most valuable homes in Orange County.
You can read all about the exuberant features and see more photos of 106 Emerald Bay at the McMonigle Group website.
Along with being one of the majority owners of the UFC, Frank J. Fertitta III is also the CEO of Station Casinos based out of Las Vegas, Nev.
By: Jack Bratcher
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So wealthy. He worked hard for it I guess. No one else with money saw the opportunity.
From Bingo Palace to many, many palaces..The best family in LV!
USA #1
God Bless America!