The Coronado-based listing agent, Scott Aurich, told News 8 he was contacted a few weeks ago by the mansion's owner, Jonah Shacknai, 54, who asked him to negotiate a deal.
"The mansion at 1043 Ocean Blvd is currently under contract to a local developer who is going to restore the home to its original luster and make some of the modifications that were approved by the (City of Coronado) Historical Resource Commission and do his own modifications as well as those that don't require approval," said Aurich.
The 12-bedroom, 11-bathroom home and estate will be put on the market this week in case someone wants to purchase it as is, at a reduced price. "It has not hit the MLS but it's effectively for sale right now," said Aurich.
Shacknai purchased the home in 2007 for $12.7 million. He had hoped to keep the property through retirement, according to Aurich, but the recent tragic events made it impossible for the Arizona pharmaceutical tycoon to return to the seaside home where he vacationed during summer months.
"He's done with it," Aurich said. "His motivation was to just be done and move on. He's no longer part of the deal. He just doesn't want to think for focus on the house anymore."
