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Amazing IMAGES of $87 million mansion

Last updated on: April 18, 2012 15:05 IST
A view of the luxury home at One Pelican Hill Road North in Newport Beach, California.

Some house owners sell their property to make extra money, while others are forced to sell their home. Villa del Lago in Newport Coast, California, is one such prime property that is going on the block because the owner doesn't have a choice.

The mansion includes a 16,600-square foot, three-storey main house in the final stages of construction, a 17-car garage, a man made lake with terraced waterfalls, a tennis court, a one-bedroom gate house and an unfinished horse stable and riding areas.

There's also a vineyard and a wine cave. It spans 12.5 gated acres of hillside land. It is going on bankruptcy auction on April 26 after the owner ammassed $50 million in debt against $2.4 million in assets.

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Amazing IMAGES of $87 million mansion

Last updated on: April 18, 2012 15:05 IST

A ground floor room of One Pelican Hill Road North is seen in Newport Beach, California.

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Amazing IMAGES of $87 million mansion

Last updated on: April 18, 2012 15:05 IST

The model of One Pelican Hill Road North is seen in Newport Beach, California.

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Amazing IMAGES of $87 million mansion

Last updated on: April 18, 2012 15:05 IST

The view of the backyard of the luxury home.

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Amazing IMAGES of $87 million mansion

Last updated on: April 18, 2012 15:05 IST

Another view of the beautiful backyard.

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Amazing IMAGES of $87 million mansion

Last updated on: April 18, 2012 15:05 IST

Twenty-four-karat gold lining the cabinets in the women's closet area.

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Amazing IMAGES of $87 million mansion

Last updated on: April 18, 2012 15:05 IST

A horse barn on the property.

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Amazing IMAGES of $87 million mansion

Last updated on: April 18, 2012 15:05 IST

A view of the master bedroom's bathroom suite.

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Amazing IMAGES of $87 million mansion

Last updated on: April 18, 2012 15:05 IST

A ground floor room.

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Amazing IMAGES of $87 million mansion

Last updated on: April 18, 2012 15:05 IST

A staircase at the ground floor area.

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Amazing IMAGES of $87 million mansion

Last updated on: April 18, 2012 15:05 IST

An entrance to the wine cave.

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Amazing IMAGES of $87 million mansion

Last updated on: April 18, 2012 15:05 IST

One of the ground floor rooms.

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Amazing IMAGES of $87 million mansion

Last updated on: April 18, 2012 15:05 IST

A view of the car garage.

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Amazing IMAGES of $87 million mansion

Last updated on: April 18, 2012 15:05 IST

The main entrance.

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Amazing IMAGES of $87 million mansion

Last updated on: April 18, 2012 15:05 IST

The interior of a wine cave.

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Amazing IMAGES of $87 million mansion

Last updated on: April 18, 2012 15:05 IST

A view of the luxury mansion.

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Amazing IMAGES of $87 million mansion

Last updated on: April 18, 2012 15:05 IST

A view of the kitchen.