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This week in Real Estate - Orange County
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This home is offered at $4,995,000.
As a waterfront estate, 806 Harbor Island Drive offers a secluded, extravagant lifestyle. This grand fivebedroom home has a private dock large enough for two yachts and a boat. Inspired by the beauty and grace of the French Normandy style of architecture, this home blends Old World charm with modern technology and sophistication.
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First Team Estates’ Luxury Portfolio
The largest non-franchised, brokerage in Southern California. Family owned since 1975. Ranked #9 in overall sales volume in U.S.**.
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Newport Coast 30 Sea Terrace $1,638,000 Sun 1-4PM Marcus (Kiwi)
Newport Coast 30 Sea Terrace $1,638,000 Sun 1-4PM Marcus (Kiwi) Gualter 949.751.9600.
Newport Beach 26 Vienna $830,000 Sat/Sun 12-4PM Mina Maghami 949
Newport Beach 26 Vienna $830,000 Sat/Sun 12-4PM Mina Maghami 949.874.4020.
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DANA POINT
(495324) CALL (800) 387-1447 IV. NEWPORT BEACH $2,199,000 Harbor Ridge Estate boasts panoramic views, volume ceilings w/skylights, 3 marble FP’s, steam shower, wetbars, steel/glass staircase, 3-car garage & more..
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PRICE REDUCED 310 CARNATION, CORONA DEL MAR $1,949,000
PRICE REDUCED 310 CARNATION, CORONA DEL MAR $1,949,000.
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949.499.5900
Laguna Niguel $729,000 Located in the gated community of Rolling Hills. 4BD/3BA, single story, loaded, cul-de-sac..
949.234.5689
Dana Point $1,785,000 Magnificent REO, close to the St. Regis Resort/Links golf course, 4BD/5BA, travertine floors..
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Corona Del Mar $1,899,900 Distinguished 4BD/3BA residence.
Corona Del Mar $1,899,900 Distinguished 4BD/3BA residence..
Newport Beach $1,650,000 Beautiful 3BD + office condo on Newport
Newport Beach $1,650,000 Beautiful 3BD + office condo on Newport Bay..
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Need to download a QR Reader app?...
Rare opportunity to move into a spacious and traditional 3980 sf home on an over sized 9,000+ sf lot. Located in desirable Cliff Haven, it is close to schools, beach and shopping. Ready for family to enjoy now and room to grow if needed..
Pat Nunnikhoven
Prudential California Realty is pleased to recognize the company’s Orange County Star award winners for the month of December 2010.
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Irvine Terrace 1408 Dolphin Terrace $2,950,000 Sat/Sun 1-4 Jeann
Irvine Terrace 1408 Dolphin Terrace $2,950,000 Sat/Sun 1-4 Jeannie Morgan 714.272.9442.
Belcourt 3 Cheshire Court $2,695,000 Sun 1-4 Karen Betson 949.58
Belcourt 3 Cheshire Court $2,695,000 Sun 1-4 Karen Betson 949.584.5929.
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One Ford Road
22 Old Course Road $3,100,000 Sat 1-4 Patricia Carson 949.922.7399 22 Old Course Road $3,100,000 Sun 1-4 John ‘JD’ Dietzsch 949.677.9807.
Temple Hills 546 Temple Hills $1,575,000 Sun 1-4 Gary Boisen 949
Temple Hills 546 Temple Hills $1,575,000 Sun 1-4 Gary Boisen 949.274.2236.
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LAGUNA BEACH 351 Crescent Bay Drive >...
LAGUNA BEACH 351 Crescent Bay Drive > $4,895,000 Price reduction. Elegant contemporary estate minutes from North Laguna’s Crescent Bay Beach. Stage your collection in the walk-in wine cellar, and take in white-water views from the many verandas in this four bedroom, four bath entertainer’s dream.
NEWPORT COAST 17 Ocean Ridge Drive >...
NEWPORT COAST 17 Ocean Ridge Drive > $2,956,980 Luxury REO bank owned property in exclusive Pelican Ridge. Offers 5 bedrooms, 5.5 baths and approx. 5,500 sq. ft..
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www.21TideWatch.com
CRYSTAL COVE 21 Tide Watch > $6,499,000 Coastal estate gracing a large secluded lot with spectacular ocean views..
www.23MoonShell.com
CRYSTAL COVE 23 Moon Shell > $8,395,000 Stunning five bedroom coastal estate with unobstructed ocean views..
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CORONA DEL MAR $8,400,000...
CORONA DEL MAR $8,400,000 Oneofakindfourbedroomwaterfrontestatewith60-footdock. www.111BaysidePlace.com.
NEWPORT COAST $2,990,000 or $11,500/mo.
Ideal corner lot location with tons of privacy. Expansive design includes main floor master suite, private pool and spa..
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LAGUNA BEACH 31371 Monterey Street > $1,895,000 Remodeled five b
LAGUNA BEACH 31371 Monterey Street > $1,895,000 Remodeled five bedroom, four bath ocean view home..
OPEN HOUSE SAT 1-4 CALL MICHAEL
CORONA DEL MAR 510 Begonia Avenue > $1,495,000 Bright and spacious 3 Bd. and loft, 2.5 Ba. ocean view home..
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CORONA DEL MAR $19,900,000 2209 Bayside Drive
A rare offering of waterfront living in one of the most prestigious and ideally located properties in Newport Harbor, this undeveloped 25,000 square foot parcel hosts 100 feet of pristine bay frontage; the impressive vantage abounds with unobstructed and breathtaking views of the harbor, Catalina Island and the Pacific.
NEWPORT BEACH $1,529,000 126 42nd Street
Priced for immediate Sale! Location is everything as this immaculate duplex is situated just steps to the beach. Freshly painted and with lots of amenities including parking for four cars in the attached garage and carport Ron Felsot 949.466.4450.
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J E R R Y L A M O T T & T E A M
SAN JUAN CAPISTRANO, CA – With more than 20 years of experience serving home buyers and home sellers alike throughout South Orange County, McMonigle Group’s esteemed Jerry La Mott & Team is celebrating a successful 2010 – a remarkable year with sales of more than $50 million.
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Standard Pacific’s Sorano will make a
In the hills above Brea, Orange County’s newest address is shaping up for a big arrival this spring. Two of the nation’s premier homebuilders, Shea Homes and Standard Pacific Homes, are bringing a vision to life in the new master-planned community of...
Toast to your client’s success rather than hoping for it.
Consistency. The single greatest reason brokers defer to us. We have a history of getting the best possible results in the shortest amount of time on a regular basis.
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BLACKSTONE
won numerous prestigious awards for quality, integrity, innovation and customer satisfaction. Shea Homes’ pursuit of excellence is typified by Shea Superiology, the art and science of designing and constructing homes that offer homeowners superior...
Prudential welcomes skilled sales associate to Laguna Beach offi
Jim Vermilya, manager of Prudential California Realty’s Laguna Beach office, is pleased to announce that Realtor Julie Hile has joined his team of sales professionals. “Julie’s experience with multiple aspects of the business affords her clients with a unique insight to real estate,” Vermilya said.
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Premier Custom Home Near Bay 324 Sapphire Avenue, Balboa Island
Seven Gables Real Estate 309 Carnation Corona Del Mar Sun 1-4 $2,275,000 Mickey Hartling (949) 683-5553 Harbor Realty 503 36th Street Newport Beach Sat 11-4 $1,395,000 John King (949) 677-2713 Associated Realty Service of Newport Beach 2052 Tustin Ave.
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T I M E F O R A B E AC H H O U S E ?
Broker Don Abrams sold more beach homes in Newport Beach in 2010 than any other realtor..
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A LOOK BACK AT 2010 AND THOUGHTS ON THE YEAR AHEAD:
2010 proved to be an interesting year. Approximately 40% of the residential real estate sales in Orange County were “distress” sales, either REO’s (bankowned properties) or short sales (seller owes more on the property than it’s current market value and asks the lender to agree to let them sell for less than they owe).
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Mid century living in downtown Palm...
3 bedrooms, 3 baths approximately 2,150 square feet with standard finishes such as Viking appliances, Hans Grohe fixtures, Italian cabinets and Caeserstone counters throughout. Oversized master bedrooms and master bathrooms make for comfortable living in this fabulously located community.
Quintessential California Spanish...
Quintessential California Spanish condominiums located in a gated community in downtown Palm Springs. Standard finishes include granite or Caeserstone countertops, stainless steel appliances, hard surface flooring in living area, porcelain or stone...
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telesproperties.com
FINANCING, AND FACILITATING PROPERTY TRANSACTIONS. CONNECTING BUYERS, SELLERS, PROPERTIES, MONEY, AND OPPORTUNITY IN THE MOST INNOVATIVE, EFFECTIVE, AND STREAMLINED MANNER IMAGINED..
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6SanSebastianNB.com | Harbor Ridge | $2,825,000 Open Sunday 1-4
Open Sunday 1-4 $5,899,000 | Newport Beach | 1216WestOceanfront.com.
$1,195,000 | Lido Peninsula | 611LidoParkDrive5A.com Open Sunday
$1,195,000 | Lido Peninsula | 611LidoParkDrive5A.com Open Sunday 1-4.
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Tustin 188 Gallery Way 2+2 $289,900 Helena Noonan 949.903.0306 B
Tustin 188 Gallery Way 2+2 $289,900 Helena Noonan 949.903.0306 By Appt..
Newport Beach 1216 W Oceanfront 4+3.5...
Newport Beach 1216 W Oceanfront 4+3.5 $5,899,000 Alison McCormick 949.355.4104 Sun 1-4 98 Linda Isle (call 310.480.9611) 4+5 $4,395,000 Alison McCormick 949.355.4104 Sun 1-4 132 Via Waziers 4+4.5 $3,995,000 Alison McCormick 949.355.4104 By Appt. 5311 Seashore Drive 4+3 $3,950,000 Chris Parr 949.
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Beautiful day for the neighborhood
Under the agreement, State Street wrote down debt on the development from $625 million to $210 million and provided a $180 million line of credit. Additionally, about $200 million in fresh capital was invested by the original investors, Lennar Corp., LNR Property LLC, Rockpoint Group LLC and MSD Capital LP.
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Don’t bother trying for a ‘perfect’ purchase
Those looking for a home have always had enough reasons to wait. Sometimes they wait for lower interest rates or lower home prices. Sometimes they wait for their incomes or credit scores to rise. And sometimes they are just waiting for the right home..
Changes on horizon for FHA insurance refunds
If you refinance into any other type of loan — one guaranteed by a private insurer, for example, or perhaps a conventional mortgage without any coverage at all — all that money you shelled out in advance for your original FHA mortgage will be gone forever.
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Project
“The whole country realized that Lehman was an 8.5 earthquake that was going to shake the whole world, and it didn’t matter anymore if you were residential, commercial, institutional or anything else — everything was connected,” Haddad said. “That obviously meant that we had to go back to the drawing board with city staff and revisit our thinking.
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Real Estate Matters
Twenty years ago we had modified the document to provide a road agreement between the owners. The road is private, and we make the repairs to it. Over the years we all contributed our share of the repairs, and majority rule dictated what work was done.
Finding the right buyer for your home...
operated member of The Prudential Real Estate Affiliates, Inc..
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Henry Durkee
CA - Licensed by the Department of Corporations under California Residential Mortgage Lending Act Lic #413-0699 • NMLS (Nationwide Mortgage Licensing System) ID 2611.
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16602 SOMERSET | $3,375,000 Huntington...
16602 SOMERSET | $3,375,000 Huntington Harbour - Owner may carry 1st TD. Stunning main channel estate, towering 2-story entry w/sweeping staircase. Gourmet granite kitchen, 1bedroom, w/bath downstairs. Private dock can accommodate multiple boats..
6132 AVALON | $970,000 Long Beach - 4...
6132 AVALON | $970,000 Long Beach - 4 BR, 2.5 BA, home located on the greenbelt. Fully remodeled kitchen w/granite counter tops, top-of-the-line appliances. Master suite w/FP, and finished attic..
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3341 BOUNTY | $4,950,000 Huntington...
3341 BOUNTY | $4,950,000 Huntington Harbour - Stunning main Channel Point location with views. A two and a half year renovation of one of the Harbour’s rarest waterfront properties has just been completed resulting in a one-of-a-kind home..
16702 BARUNA | $2,595,000 Huntington...
16702 BARUNA | $2,595,000 Huntington Harbour - Stunning French contemporary waterfront estate w/private dock, courtyard entry w/water feature, gourmet island kitchen, luxurious master suite w/view of the Harbour, outside bathroom and sauna, custom BBQ area and complete gym.
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Owner/CEO Merage, of First Team® Real Estate, giving back $100,
Five medical research programs at local and national hospitals receive a total of $100,000 in donations from First Team Real Estate’s “First in Our Hearts” charitable foundation and the company’s owner and CEO, Cameron Merage.
Rey, Pasadena, Westlake, and San Diego.
The current downward cycle in the housing market, complicated by tightened lending standards, distressed properties, and shadow inventories in all price ranges, has created many new challenges with un-met solutions for home buyers and sellers.
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LIDO ISLE 112 Via Florence $1,695,000...
LIDO ISLE 112 Via Florence $1,695,000 Sun 1-4 Marilyn Read 949.632.2494 123 Via Nice $1,499,000 Sun 1-4 Marilyn Read 949.632.2494.
NEWPORT BEACH 140 Harbor Island Road...
NEWPORT BEACH 140 Harbor Island Road $4,875,000 Sun 1-4 John Campbell 949.233.3838 7302 West Oceanfront $3,795,000 Sat/Sun 11-5 Bill Schonlau 949.278.0824 734 Via Lido Soud $2,375,000 Sun 1-4 Leslie Thompson 949.945.8176.
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LAGUNA BEACH | $1,100,000 Laguna Royale oceanfront condo. 949.49
LAGUNA BEACH | $1,100,000 Laguna Royale oceanfront condo. 949.499.1320.
LAGUNA BEACH | $2,195,000 Unobstructed panoramic ocean views. 94
LAGUNA BEACH | $2,195,000 Unobstructed panoramic ocean views. 949.499.1320.
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NEWPORT COAST | $3,250,000 One story. Front row ocean, canyon vi
NEWPORT COAST | $3,250,000 One story. Front row ocean, canyon view. 949.644.1600.
PELICAN CREST | $8,880,000 Beautiful home in Pelican Crest. 949.
PELICAN CREST | $8,880,000 Beautiful home in Pelican Crest. 949.640.3600.
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DRAMATIC TWO MILLION DOLLAR PRICE REDUCTION
Interior details remind you of far away, romantic places. Wood floors and beamed ceilings are hand hewn. 2 master bedroom suites with terraces overlooking the ocean. 5 bedrooms in all. For more photos and info see RodDaley.com..
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L I F E ’ S T R E A S U R E S A R E H E R E .
the Blackstone master plan features neighborhood parks, a fun-filled recreation center with pool and spa and even a children’s water activities center. With beautiful new home neighborhoods and expansive scenic views, the community you’ve dreamed of awaits.
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One of our finest communities under the sun is now powered by it
Introducing The Preserve: new single-family homes built with solar power, pre-installed at no additional cost to you. Brand new models are now open. For a green lifestyle that includes championship golf, great schools, parks and trails, check out The Preserve at Vista Del Verde.
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Additional energy saving systems in the Croxtons’ home include
Green energy systems grow in popularity among the community’s custom homes The verdant hillsides framing the community of Covenant Hills reflect just one shade of green that’s growing in the exclusive, southern Orange County neighborhood.
Surterre Properties®’ fifth bi-annual Life-Saving Blood Drive
Luxury real estate boutique Surterre Properties® is teaming up with American Red Cross (www.redcross.org) to host their fifth bi-annual Life Saving Blood Drive on Monday, Jan. 24. The event will take place at the company’s Newport Beach Headquarters from 10 a.
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Emerald Bay
graces what is perhaps one of the most magnificent stretches of oceanfront on the West Coast. This stunning new soft contemporary residence, situated on a rare street-to-street lot within Emerald Bay’s storied gates, has been masterfully designed on four levels and encompasses approximately 7,000 square feet of barefoot elegance.
Rick Langevin and Chris Valli of Surterre Properties® close ove
The home was listed at just under $6 million. Designed with relaxation in mind, the home’s master quarters include a sitting room, his-and-hers dressing rooms and two tower suites, each with its own terrace showcasing mesmerizing views. Other noteworthy elements include a grand-scale living room, two full gourmet kitchens and a media room.
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Corona del Mar
7 point sur drive $1,895,000 sunday 1pm-4pm kristin halton 949.433.0202 712.5 fernleaf avenue $1,099,000 sat/sun 1pm-4pm sally anne sheridan 949.433.0077.
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Newport Coast $1,850,000 11 Adriana carrie allen 714.423.1652
Newport Coast $1,850,000 11 Adriana carrie allen 714.423.1652.
Laguna Beach $2,850,000 31735 Seacliff Drive mike johnson 949.27
Laguna Beach $2,850,000 31735 Seacliff Drive mike johnson 949.278.7333.
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Newport Beach $819,000
Just a few steps to the beach and just a couple homes from the bay make this condo the perfect beach house and great for entertaining..
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Newport Beach $4,695,000 2508 West...
Newport Beach $4,695,000 2508 West Oceanfront Custom built in 2002, this beautiful executive beachfront home has incredible white water and Catalina views. Quality custom features include state of the art sound system, full surveillance security system and built-in tropical aquarium.
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Lido Isle $5,795,00
203 Via Ithaca [Newly Listed] European influenced exterior frames approximately 4,200 square foot, five bedroom, five and one-half bath residence with the finest in custom finishes..
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1549 East Ocean Boulevard [Newly Listed] Completely remodeled in 2006 from the studs up, this home is a masterpiece of form and style at the beach. The home has four spacious bedrooms, including a sitting area/office space upstairs. The master bedroom has large covered balcony to enjoy Catalina sunsets and gentle ocean breezes.
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This extraordinary residence rests on...
This extraordinary residence rests on the finest waterfront parcel on Newport Harbor. Encompassing more than one-half acre of land overlooking the widest expanse of the bay, the unparalleled setting is awash in sunlight and gentle breezes.
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Bob Gottuso, Gayle Johnson-Gottuso, and Steve Schenkenberger
A commitment to the principle that a business team must exceed the sum of its parts has landed First Team Real Estate’s Gottuso-Schenkenberger Team on the Wall Street Journal’s current list of the top 100 real estate teams in the U.S.
FIRST TEAM
it has constantly put in place over the decades since he founded the company in 1976. A partial list includes proprietary analysis tools unique to First Team that help identify home price trends in any given neighborhood; proprietary software for...
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David Kravitz Branch Manager 949.467.5108
When you call Bank of America, you can rest assured that our top priority is providing personal service so you can make well-informed home financing decisions. With our commitment to responsible lending, we help qualified homebuyers become satisfied and successful homeowners.
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Call Bill or Suzanne for your private showing. $999,000
SINGLE LEVEL, Jasmine Creek under $1,000,000. Yes, we have it. 2BR/2BA 1,900 plus square feet. Delightfully remodeled kitchen with skylights - eat-in alcove. Two patios, offering indoor-outdoor living and entertaining. Remodeled master bath. Formal dining room, exquisite entry and upgraded throughout.
119 Jasmine Creek Drive, Corona del Mar...
119 Jasmine Creek Drive, Corona del Mar Ocean Views capture your heart from this lovely 2-story Jasmine Creek home. 3BR/2.5BA 2-story home ideal for the on the go life style. Ideally located behind the gates of this unique Corona del Mar enclave. Approx. 2,400 plus square feet of a sophisticated floor plan offering casual beach living.
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