4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs

Doug Manchester flips Rhode Island mansion

Former U-T owner bought it last year for $15 million

"Papa Doug" Manchester, San Diego real estate speculator and former owner of the Union-Tribune, has sold Fairholme, a posh Newport, Rhode Island, ocean-front estate, for $16.1 million, according to the Providence Journal and real estate publications in the area.

Manchester bought the estate in July of last year for $15 million. He told the Journal he had put "several millions" into improvements on the property. If that is true, he took a loss when he sold the mansion and grounds this month. He had put it on the market for $21 million last November, when he announced that his Siberian native bride, Geniya Derzhavina, was pregnant.

It is a 15-bedroom, 14-bath, 24,393-square-foot home on 4.3 acres. The buyer was reportedly Newport businessman George Petrovas.

Here's something you might be interested in.
Submit a free classified
or view all

Previous article

Everyone has a spot at the rail

San Diego, home of the world’s largest live bait sportfishing fleet.
Next Article

Last topless bar in North San Diego County

Price of land prevents re-opening of the Main Attraction

"Papa Doug" Manchester, San Diego real estate speculator and former owner of the Union-Tribune, has sold Fairholme, a posh Newport, Rhode Island, ocean-front estate, for $16.1 million, according to the Providence Journal and real estate publications in the area.

Manchester bought the estate in July of last year for $15 million. He told the Journal he had put "several millions" into improvements on the property. If that is true, he took a loss when he sold the mansion and grounds this month. He had put it on the market for $21 million last November, when he announced that his Siberian native bride, Geniya Derzhavina, was pregnant.

It is a 15-bedroom, 14-bath, 24,393-square-foot home on 4.3 acres. The buyer was reportedly Newport businessman George Petrovas.

Sponsored
Here's something you might be interested in.
Submit a free classified
or view all
Previous article

Motherhood unvarnished: Andrea Yates, Prozac, Pine Valley

Crown Point, barf city, miscarriage, Legoland, how big I am, emptied breasts
Next Article

Clem’s Station, a place for talkies

Talmadge’s new neighborhood restaurant more about the company you keep
Comments
4

How accurate are those reports? I remember questioning his judgment when he bought the place, and his motives. It is easy to claim that "he had put 'several millions' into improvements on the property." But did he spend that amount, or just a fraction of that on making it look good?

Feb. 21, 2016

Visduh: Your skepticism is understood. When you make an offer on a house, the owner, seemingly, almost invariably, says, "Well, I have more than that in it."

Mark Twain defined a gold mine as "a hole in the ground with a liar on the top." Best, Don Bauder

Feb. 22, 2016

Rhode Island. Could they see Russia from their house? I thought the papa bought it for Genya so when she got homesick (of mother Russia) she could gaze across the sea to reconnect. Live in the harsh East Coast long frigid winters.

Feb. 21, 2016

Ponzi: Maybe you can see Russia from the Rhode Island coast, but I doubt you can see Siberia. Best, Don Bauder

Feb. 22, 2016

Sign in to comment

Sign in

Ask a Hipster — Advice you didn't know you needed Big Screen — Movie commentary Blurt — Music's inside track Booze News — San Diego spirits Classical Music — Immortal beauty Classifieds — Free and easy Cover Stories — Front-page features Drinks All Around — Bartenders' drink recipes Excerpts — Literary and spiritual excerpts Feast! — Food & drink reviews Feature Stories — Local news & stories From the Archives — Spotlight on the past Golden Dreams — Talk of the town Letters — Our inbox [email protected] — Local movie buffs share favorites Movie Reviews — Our critics' picks and pans Musician Interviews — Up close with local artists Neighborhood News from Stringers — Hyperlocal news News Ticker — News & politics Obermeyer — San Diego politics illustrated Outdoors — Weekly changes in flora and fauna Overheard in San Diego — Eavesdropping illustrated Poetry — The old and the new Reader Travel — Travel section built by travelers Reading — The hunt for intellectuals Roam-O-Rama — SoCal's best hiking/biking trails San Diego Beer — Inside San Diego suds SD on the QT — Almost factual news Sheep and Goats — Places of worship Special Issues — The best of Street Style — San Diego streets have style Surf Diego — Real stories from those braving the waves Tin Fork — Silver spoon alternative Under the Radar — Matt Potter's undercover work Unforgettable — Long-ago San Diego Unreal Estate — San Diego's priciest pads Your Week — Daily event picks
4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
Close