Dean Koontz’s prized, custom Orange County estate has found a new owner: entrepreneur Glenn Stearns. According to the Wall Street Journal, Stearns, who founded the mortgage company Stearns Lending, paid $50 million for the Newport Coast property, which sits on 2.5 acres overlooking the Pacific Ocean. The sale marks one of the highest prices ever paid for a home in the area.
Stearns told the WSJ that he felt like the off-market deal was “meant to be” not only because of the home’s location—he and his family were looking in Orange County because they needed to relocate there for his work—but because his mother was a huge fan of Koontz’s work. The author (known for thrillers like The Eyes of Darkness) even showed Stearns around the house before the entrepreneur closed on the property this past spring. “It couldn’t be worse timing,” Stearns admitted of the purchase, which took place just as the coronavirus pandemic began to spread in the States (he and his family currently live in Wyoming).
Koontz and his wife, Gerda Koontz, began building the nearly 30,000-square-foot main house in the late ’90s, completing it in the early 2000s after seven years of construction. In a 2014 interview, the author told WSJ that it had always been a dream of his to “build a house that I would never want to leave.” The sprawling mansion features an Art Deco aesthetic, with a unique Frank Lloyd Wright–inspired movie theater, two infinity-edge outdoor swimming pools, a rooftop parking lot for guests and staff, and carefully landscaped formal gardens with mature trees and sculpted hedges. There is also, unsurprisingly, an extensive main library with a maze of floor-to-ceiling bookshelves. In the 2014 interview, Koontz explained that though his home office has “a spectacular ocean view,” he mostly wrote with the shades lowered so that he wouldn’t be distracted while writing.
Originally Appeared on Architectural Digest