Tech billionaire’s French Palace-inspired 'Sand Castle' is now selling at price cut

Tech billionaire Darwin Deason's extravagant "Sand Castle" mansion in La Jolla has seen a $20 million price cut, now listed at $87.5 million after its initial $108 million asking price. The 13,000-square-foot estate, inspired by the opulence of Versailles, features lavish materials like imported marble and gold accents, and even sand from Augusta National Golf Club. Despite the reduction, it remains San Diego's priciest residential listing, aiming to set a new record. This move underscores the competitive nature of high-end real estate markets, reflecting both the high costs and the potential for significant returns in luxury property sales.