Irvine Mansion Hits $38.5M Again

A Irvine mansion poised to shatter records again—listing at $38.5M after a $10M renovation spree by tech exec Chad Peets and designer Cari Peets, who bought it last year for $25M (a then-record). Previously owned by a cosmetics mogul for $12.7M, this Shady Canyon gem boasts dual kitchens, a wellness suite with gym and cold plunge, and golf course views. The couple’s move to Newport Beach for a larger family compound fuels the sale. Nearby, another mansion on the same street sold for $17M, and Albert Pujols’ nearby home hit $8.8M. Irvine’s single-family market surged 3.4% YoY to an average $2.6M—proof the luxury segment is heating up fast. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e190f1dc6a7971b4