586 Nyes Place Brochure

586 NYES PLACE, LAGUNA BEACH Auction Style Minimum Opening Bid Price $2,995,000 www.586nyes.com

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Approximately 3850 square feet 4 bedrooms and 4 bathrooms Lot size approximately 22,770 square feet Private pool, spa, waterfall and outdoor theatre system 2 car garage and full driveway Built in 1991 – Extensive remodel completed in 2017 www.586nyes.com

This architecturally significant home offers high quality upgrades and a recent remodel completed in 2017 that delivers the “WOW” factor you desire. Perfectly positioned on a private, half acre estate lot, this modern pool home offers panoramic “jaw dropping” ocean vistas from nearly every room. Enter into a grand atrium foyer with 30’ soaring ceiling generating abundant natural light with Swarovski crystal chandelier that compliments the Siberian Oak hardwood and slate flooring throughout. The gourmet kitchen faces the ocean and features Taj Mahal natural Quartzite counters, vaulted beam ceilings, stainless appliances and spacious center island. A dining terrace is ideally positioned off the kitchen and the formal dining room with breathtaking views of the blue Pacific. The living room with vaulted beam ceilings and stacked stone fireplace offers more inspiring views of Catalina Island, golden sunsets and crashing surf below. A gallery hall with stone floors and vaulted beam ceilings seamlessly connects the upper level of the home.

Renowned architect Tom Adolph strategically placed large windows, French doors and terraces to maximize the ocean breeze and views from every angle. The spacious and private master bedroom offers beautiful plank hardwood floors, marble fireplace, French doors to a view balcony and opulent marble bathroom with spa tub, walk in closet and dual sinks. A main floor guest suite with private bathroom is uniquely positioned off the pool. An additional bedroom with ocean views and spacious den with fireplace could be converted to a 4th bedroom if desired. A home automation system controls the A/V systems for interior and exterior living areas.

The centerpiece of the home is a newly constructed private backyard that seamlessly connects the outdoor entertainment extravaganza to the luxurious interior living spaces. This oasis includes a heated saltwater pool with molded lounge chairs, spa, dramatic iridescent mosaic glass tile waterfall, fire table, terraced patios, sun decks, professional landscape and amazing outdoor theatre system that projects a 125� image onto the back wall for movies and sporting events. High quality finishes and luxury amenities have created the ultimate private compound with close proximity to Laguna’s world class beaches, restaurants, shopping, hiking trails and John Wayne Airport. Simply the finest in luxury coastal living and lifestyle at a fraction of the replacement cost.

Auction-style bidding begins! Best value opportunity in Laguna Beach for this spectacular contemporary ocean view estate! Minimum opening bid price of $2,995,000 (only $777/SF) is a price decrease of $1,393,000 (-32%) from original list price of $4,388,000! Not a distress sale but owner wants this home sold now!

BIDDING GUIDELINES: • All sealed bid offers must be submitted to listing agent on a CAR Residential Purchase Agreement by November 1, 2017 • Seller reserves the right to accept, negotiate or reject offers prior to the bid submission deadline.

• $2,995,000 Minimum opening Bid Price with proof of funds and pre-approval letter if financed (offers less than the minimum bid price will not be considered or countered)

• Cash or financed offers accepted with maximum escrow term of 30 days

• Compensation to cooperating Broker upon accepted bid and successful close of escrow

• No appraisal or loan contingency. Sold “as-is” subject to Inspection which must be completed within 10 days of acceptance

• No Buyer premium

• All offers subject to Seller’s approval and non-disclosed right of reservation

DEAN LUECK REALTOR® |

CalBRE# 01752859

949-275-1801

dlueck@cox.net www.deanlueck.com An Affiliate of LUXURY PORTFOLIO INTERNATIONAL® This representation is based on information from California Regional Multiple Listing Service/Association of REALTORS®, as of 09/25/17. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. © First Team® Real Estate. All rights reserved. This is not intended to solicit a listed property. If your property is currently listed for sale with a broker, please disregard.

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