Mike Trout snares $9.15 million mansion in Newport Beach

Angel’s All-Star Mike Trout has scored himself a 9,000-square-foot English Tudor-style mansion in Newport Beach for $9.15 million.

Built in 1982 (Trout was born in 1991) and recently updated, the house – located in the guard-gated Harbor Ridge community – has an elevator, built-in “doggie bath” and sweeping coastal views.

The formal entry leads to the living room, with a wood beam ceiling and a behemoth fireplace.

A row of glass doors to the viewing deck runs the length of the great room, just off the gourmet kitchen.

In the master suite, there are his-hers walk-in closets and a shared bathroom with two vanities, a soaking tub, and a large walk-in shower.

At the top of the staircase are four bedroom suites, an office and an extra laundry room to the one downstairs.

The basement features a family room with fireplace, full bar, wine cellar, and sauna, plus an additional bedroom that can double as a den.

Glass doors open onto the backyard where there’s a covered lanai for outdoor entertaining, a built-in barbecue, and a swimming pool.

Gigi Thomas of Compass was the listing agent. Celeste Gilles of Villa Real Estate represented the buyer.

The home listed on the MLS in May 2018 for $9.498 million, dropping to $9.150 million in July 2019. The sale closed July 31, property records show.

Trout, 28, is an Angels’ center fielder and two-time MVP.

This spring he made American sports history when he agreed to a 12-year, $430 million deal with the team.

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Laguna Beach restaurateur Jon Madison selling his PCH café

Longtime Laguna Beach restaurateur and former City Council candidate Jon Madison is selling his Madison Square & Garden Café.

The property, a combination restaurant and gift and home decor shop, has a pricetag of $6.5 million.

Built in 1912, the classic Craftsman bungalow has an expansive front porch and multiple patio areas. It’s set on an 8,712-square-foot parcel with towering, mature trees in the city’s north gallery district.

Next door is Urth Café; across the street is the Laguna Art Museum. Main Beach is a block away.

The C-1 zoning allows flexibility, and the café is approved for serving wine and beer, according to the listing. The café has a complete commercial kitchen, it says.

Upstairs, a manager’s suite could be a residence, office space or leased for extra income, the listing suggests. It also says the owner spent $1 million on improvements that “will provide years of low-cost maintenance for the next investor.”

The capitalization rate – the rate of return on the property based on the income it’s expected to generate – was estimated at 7.4 percent.

Sakin Team at Star Real Estate is the listing agent.

Property records show Madison purchased the building with another buyer in 1997. They paid $455,000, according to the records. Madison is now the sole owner, said Philip Talbert at Sakin Team.

The restaurant and its fixtures are included in the sale; the gift shop inventory is negotiable, Talbert said.

Why is Madison selling?

“I think he’s just ready for another chapter,” Talbert said. Madison did not return a reporter’s calls.

Madison is a well-liked businessman who’s been active in the city’s historical preservation efforts, and he’s known as a philanthropist. He has opened the restaurant to fundraisers and donated the food, according to a Register story in 2014.

He also claimed to be a licensed lawyer with numerous university degrees.

But that September, as Madison made what would be an unsuccessful run for City Council, a Register reporter researching his background found that he had none of the degrees nor the State Bar of California membership he said he had.

When confronted, Madison insisted his claims were true.

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