"Charles E. Probst, the enigmatic businessman who pledged $2 million to the Civic Arts Plaza, only to miss $350,000 in payments, has put his North Ranch estate up for sale. Probst, 53, agreed last year to deliver on his arts plaza pledge to settle a lawsuit."
"He is very mysterious, there is no question about it. He has been [secretive] with us too. It's an arms-length kind of thing. Not that she has ever spoken to the elusive millionaire. Fitzgerald said the firm's only contact with Probst has been through his son, whom she declined to identify."
"Public records show that he has fallen about $78,000 behind in his property tax payments on two North Ranch homes, the mansion and a house inside the gated Tim Conway Nine golf community near the North Ranch Country Club. The smaller house is also on the market, for $2.25 million."
Charles E. Probst, a 53-year-old businessman, has listed his North Ranch estate for $18.9 million (reduced from $14.5 million), featuring over 30 rooms, 11 bathrooms, a shooting range, and bowling alley. Probst previously pledged $2 million to the Civic Arts Plaza but missed $350,000 in payments, settling the resulting lawsuit by agreeing to deliver on his commitment. He has reportedly left Thousand Oaks and is living near Pebble Beach. Real estate broker Valerie Fitzgerald describes Probst as mysterious and secretive, communicating only through his son. Public records reveal Probst owes approximately $78,000 in property tax payments on two North Ranch properties and has ignored city warnings regarding landscape maintenance around his mansion.
Read at Los Angeles Times
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