Prime Luxury Property: Coastal Orange County Sept / Oct 2015 1.1 by Prime Luxury Property

COASTAL ORANGE COUNTY

SEPT / OCT 2015

CONTEMPORARY LAGUNA ESTATE Offered by Andy Stavros of the Stavros Group and Teles Properties for $11,995,000 FULL LISTING ON PAGE 20

PRIMELUXURY.COM

Orange County's #1 Real Estate Team

900 CERCIS, NEWPORT BEACH

OFFERED AT: $4,495,000

From the moment you set eyes on this unique estate, which boasts a very private, elevated location, your senses will be tantalized by its striking Modern Farmhouse architecture and gorgeous landscaping. Built with top quality materials and meticulous attention to every detail, the home features an open floor plan with over 5,470 square feet (including garage). Designed to be functional as a single-level residence, the main floor offers three bedrooms, three and one-half baths, and a grand room that includes a family room, kitchen with butler’s pantry, laundry, and a sit-down bar that serves as a central gathering spot and social center. All rooms open to an inviting central courtyard with a pool and spa, adding approximately 1,500 square feet of space to the ground level. Upstairs, you will find two more large bedrooms, two baths, an office, and an observatory bonus room with kitchenette that creates an independent living area, much like an attached “casita.” This newly constructed residence has all of the latest and best amenities, including smart home technology which makes owning this property a very special experience indeed.

THE STANFIELD GROUP 949.390.4543

sean@stanfieldgroup.net | seanstanfield.com |

CalBRE#01024996

4 CANYON FAIRWAY, NEWPORT BEACH OFFERED AT: $6,700,000

Eminently sophisticated in softly graceful classiccontemporary design, this 9,314-sq.ft. view home in Newport Beach combines refined simplicity in ivory hues, flowing lines, and endless vistas for eye and soul, with ideal complexity in features for brain and body. A storied home built for magnate Cliff Heinz and which once hosted the 14th Dalai Lama in town for a Nobel Peace Prize, its first embrace is via openly serene, grandly proportioned living room, bar, and formal dining area introducing soaring scenery of 4 lush fairways and 2 scenic lakes at Big Canyon golf course, with Saddleback hills and 80-mile view of SoCal's tallest mountain beyond. Located in an exclusive guard-gated-community, the home has 6 bdrms (including palatial master w/ 2 ensuite bdrms: and 2-bdrm staff quarters): gourmet kosher kitchen; full circuit gym and media rm with bar; steam room; dry sauna; wine cellar; 2 offices; swim-inplace pool and bubbling spa; and double 2-car attached garages.

primeluxury.com |

31568 CATALINA AVENUE, LAGUNA BEACH

OFFERED AT: $2,350,000

1396 TERRACE WAY, LAGUNA BEACH

OFFERED AT: $1,625,000 2 | primeluxury.com

Nestled serenely behind hedges and vintage garden walls, 31658 Catalina Avenue presents a unique opportunity to purchase the last vestiges of the historic Crawford Ranch in South Laguna. Thoroughly restored, the original Spanish Revival ranch ocean view cottage has been authentically expanded and modernized. The home sits on a large parcel of approximately 7500 square feet. The ranch raised exotic fruits in the 1920â&#x20AC;&#x2122;s and was profiled in the 1931 Los Angeles Times.

Meticulously designed and constructed, the home at 1396 Terrace Way perfects California coastal living. Large decks line the front of the house overlooking the Pacific Ocean views, while the rear of the home opens to wonderful stone patios and lush landscaping. Every room in the home connects to the outdoors â&#x20AC;&#x201C; large windows, French doors, and crafted dual dutch-doors add to this openness.

MICHAEL JOHNSON 949.698.1302

mjohnson@villarealestate.com

| thecoastalconfidential.com |

CalBRE#01429647

1091 GAVIOTA DRIVE, LAGUNA BEACH OFFERED AT: $5,425,000

Sitting on the beach in one of the most storied stretches of California coastline, this generational oceanfront home is available to purchase for the first time. Just a few private steps separate the home from the sand, and coastline views can be seen from many rooms. A large great room anchors the main level, with an additional generously sized bonus room on the lower level - both with oceanfront decks. The master suite occupies a 'crows-nest' location, granting terrific views and privacy, while a secluded deck creates a wonderful retreat. An elevator services all three levels of the home. An oversized two car garage with drive parking for two more is rare among oceanfront homes in this neighborhood. With a prime Laguna Beach Village location and an ample floorplan, this home represents an incredible value among oceanfront offerings. primeluxury.com |

Coastal Orange County Real Estate Market

1231 DOLPHIN TERRACE, CORONA DEL MAR

OFFERED AT: $15,500,000 • 4 Bd / 4 full 2 half Ba • 6,232 Sq. Ft. •

Proudly poised on the Irvine Terrace bluff, this newly constructed contemporary masterpiece boasts spanning Balboa Island, Newport Harbor, and Pacific Ocean views stretching to Catalina Island. Inspired by the palette of natural coastal elements and brushed matte finishes, this estate was designed by acclaimed architect Carlton Graham and expertly built by Steve Davidson Construction and Tom Waters in 2013 with pristine attention to every detail.

4075 CALLE ISABELLA, SAN CLEMENTE

OFFERED AT: $7,300,000 • 5 Bd / 5 full 1 half Ba • 6,133 Sq. Ft. •

Nestled in the dual-gated community of Cotton Point Estates, this impeccable Spanish-style estate is situated just down the street from President Richard Nixon’s former Western White House. Never before on the market, this custom masterpiece boasts refined elegance in every detail throughout the 6,100+ sq. ft residence. The striking sophistication perfectly complements the idyllic coastal environment afforded from the neighboring Pacific, which is accessible via a private, gated walkway leading directly to the sand.

4 | primeluxury.com

TIM SMITH 949.717.4711

tim@timsmithgroup.com | SmithGroupRealEstate.com |

1225 CLIFF DRIVE, LAGUNA BEACH

CalBRE#01346878

OFFERED AT: $11,995,000 • 4 Bd / 3 full 2 3/4 Ba • 2,850 Sq. Ft. •

This lighthearted coastal oasis is nestled along the exclusive enclave of Crescent Bay and offers direct beach access for the ultimate North Laguna lifestyle. This oceanfront estate was completely remodeled throughout in 2004 and offers gorgeous bright interiors & ample natural sunlight to exude a relaxed seaside ambiance. Multiple levels on the exterior ensure ample space for entertaining or relaxing. Whether dining on one of the spacious oceanfront patios or taking in the color-soaked sunsets from the upper deck, this retreat epitomizes luxurious serenity.

15 CYPRESS POINT, NEWPORT BEACH

OFFERED AT: $5,399,000 • 5 Bd / 5 full 1 half Ba • 7,209 Sq. Ft. •

Expertly designed by acclaimed architect, Peter M. Rose, this custom French Provincial Manor exudes an elegant warmth and rustic sophistication throughout. Situated on an oversized corner lot in the guard-gated community of Big Canyon, 15 Cypress Point is an estate of fine pedigree that provides an authentic ambiance of the peaceful French countryside while maintaining stylish interiors for modern living. The quality of this manor is unparalleled, with two expansive floors totaling approx. 7,200 square feet of premier living space.

primeluxury.com |

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CONTENTS

COASTAL ORANGE COUNTY Vol 01 Issue 01 | Sept / Oct 2015

INDEX

PRIME PROPERTY COVER CONTEMPORARY LAGUNA ESTATE

TRENDING REALTORS WEIGH IN ON CURRENT LOCAL MARKET TRENDS

Offered by Andy Stavros of the Stavros Group and Teles Properties for $11,995,000.

This month: What are buyers currently looking for in luxury homes?

THE STANFIELD GROUP

MICHAEL JOHNSON

SMITH GROUP

GLORIA JEWELL

AZITA SADEGHI

KIM BIBB

SHAUNA COVINGTON

TIM CARR

MCMONIGLE TEAM

MCKOWN | WEINSTEIN & PARTNERS

STAVROS GROUP

JACQUELINE THOMPSON GROUP

CHRIS BRIGANDI 24

PRIME PROPERTY MASTERPIECE PALACE BY THE SEA IN LAGUNA BEACH Private parcel at the prestigious Montage Resort.

MARKET ANALYTICS SMART DATA ON LUXURY REAL ESTATE

Numbers don't lie: The latest data and insight for today's real estate professionals.

NICOLE & JON DISHON

BOB WOLFF

JON FLAGG

GIULIETTA FOX WILSON & JOHN WILSON 32 JIM ARDERY & DIANE CANNON 33 DIANA MINER

STEVE HIGH & EVAN CORKETT

CONNIE MCKIBBAN

WILLIAM LYON SIGNATURE HOME

ARBOR REAL ESTATE PROFESSIONALS 41

PRIME AGENT SPOTLIGHT MICHAEL JOHNSON VILLA REAL ESTATE

In this issue, Prime Luxury Homes magazine gets up-close and personal with one of the regioins leading agents. 6 | primeluxury.com

LOCAL KNOWLEDGE CELEBRATING NEWPORT HARBOR'S HISTORY I love everything about Newport Beach.

GLORIA JEWELL 714.749.7476 gloria@jewell.net

CalBRE#00810998

Defining Excellence in Luxury Real Estate

14 SOUTH PORTOLA ROAD, LAGUNA BEACH

OFFERED AT: $3,595,000

• 3 Bd / 3 Ba • 3,025 Sq. Ft. •

Wonderful home in the private beach community of famous Three Arch Bay, on the beach side of highway. Three bedrooms, three baths, family room, dining room with ocean view balcony, office, large family room with soaring ceilings and panoramic ocean and Catalina views from deck. Gorgeous Chef’s kitchen, extensive use of imported hardware and lighting. Lighted tennis courts, pristine beach and year round activities for the entire family!

1360 GLENNEYRE STREET, LAGUNA BEACH

OFFERED AT: $1,639,000

• 3 Bd / 2 Ba • 1,178 Sq. Ft. •

Enchantment awaits you as you enter into this incredibly charming cottage built in 1916. Quintessential Laguna Beach living, teeming with the character and warmth of yesteryear, but lovingly renovated with today’s desired amenities. Three charming bedrooms and two full remodeled baths. Delightful dining room with cozy fireplace just begs for long meals enjoying spirited fun filled conversations with friends and family. primeluxury.com |

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MEMO

very journey begins with a first step. We are delighted to welcome you to the first issue of Prime Luxury Homes magazine, and invite you to discover the finest in coastal luxury real estate in one of the most scenic and desired areas in all of Southern California – actually, in the entire country. Browsing through this issue will provide ample proof of what makes this area – called the California Riviera for its combination of luxury living, eclectic architecture, and vibrant coastal culture – so unique and desirable. From San Clemente, Dana Point, Laguna, Newport, Huntington, to Seal Beach, we are thrilled to present some of the most premium slices of coastal California living. In this first issue of Prime Luxury Homes, you will find showcase features of stunning luxury homes currently represented by the area’s leading luxury real estate professionals. We also invite you on a private tour of this issue’s Masterpiece property, a one-of-akind 6-bedroom estate on a private parcel at the prestigious Montage Resort in Laguna Beach, replete with mood photography and commentary from architect Christian Light.

Coastal Orange County Edition Next to unique properties, we also showcase the professionals dedicated to connecting the perfect home with the right buyer in our unique market. Our Prime Agent Spotlilght introduces Michael Johnson of Villa Real Estate, a longtime Orange County resident with a passion for coastal living and an impressive real estate track record. In our regular Trending feature, leading real estate pros weigh in on the latest trends in the real estate segment, with this issue asking: “What are buyers currently looking for in luxury homes?” The answers, provided by seasoned professionals with decades-long knowledge of the area, may surprise you. And most of all, they show the deep personal connections formed between this unique part of Southern California and its residents. Personal connections shine through in this issue’s Local Knowledge segment, written by Chris Brigandi, founder of Arbor Real Estate, in celebration of Newport Harbor’s storied history. As you will see, Chris Brigandi – and all the other dedicated real estate pros presented in this magazine – take great pride in sharing the region’s many perks with luxury home buyers. After all, purchasing a home in this coveted ZIPcode will align your personal journey with the unfolding history of the California Riviera. We would be honored if this magazine can serve as a roadmap to guide your steps along the way. Thank you for reading and look for more issues to come.

Group Publisher Marc Fiore marc@primeluxury.com Creative Director Luis Rodriguez Graphic Design Manager Valerie Alicajic valerie.alicajic@primeluxury.com Contributing Editor Dirk Vogel Sales Director Joe Rafael joe.rafael@primeluxury.com Sales and Marketing Associates Natalie McCartney natalie.mccartney@primeluxury.com Jordan Schweitzer jordan.schweitzer@primeluxury.com Advertising Inquires: sales@primeluxury.com General Information: info@primeluxury.com Prime Luxury Homes 2915 Red Hill Ave, Bldg A – 210A Costa Mesa, CA 92626 | ph.949.234.8799

Sincerely,

Marc Fiore | Group Publisher / Co-Founder marc@primeluxury.com

prime luxury homes @primeluxuryhomes @primeluxuryhome prime luxury homes prime luxury homes Published by BillMarc Media, Inc. ©2015 All rights reserved. All property, real estate promotions and advertisements are subject to the Federal Fair Housing Act. Advertisements are accepted upon representation that Realtors, Agencies and other marketing institutions have the authority and rights to publish. Information, photography and data included in advertisements are deemed reliable and not guaranteed by Prime Luxury Homes or BillMarc Media, Inc. Advertisers agree to hold Prime Luxury Homes and BillMarc Media, Inc harmless against any loss arising out of publication of said content. Reproduction or use of content in any manner, without permission, is strictly prohibited.

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AZITA SADEGHI 949.310.9006

azita.sadeghi@telesproperties.com

| sadeghigroupre.com |

CalBRE#01444611

Luxury Residential Real Estate on the Coast

1715 OCEAN WAY, LAGUNA BEACH OFFERED AT: $11,800,000

• 3 Bd / 3.5 Ba • 3,000 Sq. Ft. • 6,098 Sq. Ft. Lot •

One of a kind ocean front residence located on the sand in Woods Cove, Laguna Beach. Seamless indoor and outdoor living with floor to ceiling glass, balconies and terraces designed to embrace the sound and sight of the surf, white water, panoramic ocean and sunset views. This 3 bedroom, 3.5 bath custom residence offers every amenity for beach side living : gourmet kitchen with top of the line Stainless Steel appliances, living / dining room area with outdoor dining terrace, private master suite and bath with an ocean front terrace and an in-ground jacuzzi spa overlooking the Pacific. Garaged parking for 2 cars with a location on one of Laguna’s least traveled ocean front streets. Ideally located within walking distance of the famed art galleries and dining establishments of the Laguna Village. More information at www.1715oceanway.com. primeluxury.com |

1807 EAST BAY, NEWPORT BEACH OFFERED AT: $7,395,000 • 4 bd / 4.5 ba • 3,138 sq. ft. •

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This home could easily grace the pages of House Beautiful or Coastal Living, with its sophisticated beach chic decor and postcard-worthy views of Newport Harbor. With an ideal Bayfront location at Peninsula Point in Newport Beach, the exceptionally private 4 bedroom, 4.5 bath Cape Codinspired residence is picture-perfect. Spacious and bright, high-ceilinged rooms capture spectacular views of the waterfront, city lights, and the world-famous holiday boat parade. In addition to the large private dock, beach and heated Bayfront terrace, the main level of the residence offers fabulous venues for entertaining including a grand-scale living room and

dining room suite with fireplace and media, as well as a stunning chefs kitchen with dining peninsula, massive center island, and every possible amenity. The upper level encompasses 3 gracious guest suites all with ensuite baths and the ultimate master suite with magnificent water views, a sitting area, fireplace, terrace, and spa bath suite. Throughout the home, you will find the finest hand-selected finishes including hardwood plank flooring, artisan stone, slab marble, custom cabinetry, beadboard and wainscoting.

KIM BIBB 714.396.0185

kbibb@villarealestate.com

| kim-bibb.com |

CalBRE#01210754

Luxury Real Estate primeluxury.com |

Integrity, Excellence, and Personal Service

1 SHREVE DRIVE, LAGUNA BEACH

OFFERED AT: $6,995,000

• 3 Bd / 3 Ba • 2,920 Sq. Ft. •

OFFERED AT: $3,978,000

• 6 Bd / 6 Ba • 5,672 Sq. Ft. •

Luxurious, exclusive montage “Villa Du Soleil” with breathtaking ocean views. Imagine combining the services & amenities of a 5-star resort with the elegance of a masterfully upgraded designer home. This 3 bedroom, 3 bath single-story Villa features a spacious, bright, open floorplan with the Pacific Ocean taking center stage from nearly every room. More information at www.1shreve.net.

5 INSPIRATION POINT, LAGUNA NIGUEL

Single story expansive Bear Brand Ranch custom estate with sweeping ocean views. This 6 bedroom, 6 bath home boasts 5,672 sq.ft. And is situated on an astounding 28,671 sq.ft. Lot at the end of a private cul-de-sac. High ceilings & artistically designed windows offer natural light, stunning panoramic coastal views, & seamless indoor/outdoor living. More information at www.5inspiration.com. 12 | primeluxury.com

SHAUNA COVINGTON 949.412.8088

shauna@shaunacovington.com | shaunacovington.com |

CalBRE#00991380

2345 SOUTH COAST HIGHWAY, LAGUNA BEACH OFFERED AT: $21,000,000

• 4 Bd / 4 Ba • 2 Bd / 3 Ba • 3,504 Sq. Ft. • 2,372 Sq. Ft. •

LAGUNA BEACH OCEANFRONT COMPOUND. Situated on 2 legal lots, this compound is the last of its kind in Laguna Beach. Originally built over 50 years ago and never offered for sale before, this prime 3/4 of an acre fully gated oceanfront parcel consists of two separate estates, one with 2BD/3BA, and approx. 2,372 sq. ft. and the other 4BD/4BA, and approx. 3,504 sq. ft. Complete with pool and pool house this parcel has private beach access from the property. Large glass picture windows bring the majestic Pacific Ocean and incredible coastline into almost every room. Located near famed Moss Point. Enjoy the wonderful nearby beaches, shopping, gourmet dining, and Laguna’s renowned art galleries. More information at www.2345coast.com and www.2345coast.net. primeluxury.com |

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TRENDING

ORANGE COUNTY’S LUXURY REAL ESTATE PROFESSIONALS WEIGH IN ON CURRENT MARKET TRENDS

s Orange County emerges as one of the most coveted ZIP-codes in the country, the luxury real estate market is moving at an unprecedented pace. Keeping up with current trends in this fast-moving segment is a full-time job, so Prime Luxury Homes magazine extended the question to luxury home experts Diane Cannon and Jim Ardey (Berkshire Hathaway Home Services), Gloria Jewell (Teles Properties), and Jon Flagg (Villa Real Estate) :

WHAT ARE BUYERS CURRENTLY LOOKING FOR IN LUXURY HOMES?

JON FLAGG

As the co-founder of premium coastal living specialists Villa Real Estate, Jon Flagg has been a driving force in coastal Orange County’s luxury residential real estate sector for more than 11 years. The foremost expert in the Lido Isle submarket of Newport Beach – an exclusive enclave where he leads the market in sales volume – Flagg represents sellers and buyers throughout the Newport Beach, Costa Mesa, and Laguna Beach areas.

“I am finding that there are two sets of luxury home buyers right now. One set is searching for something that is recently constructed, has a view, is a larger home with ample outdoor areas, pool, yard, etc. – and is typically elevated on the inland side of the PCH. Generally, this buyer is seeking a ‘smart home’ with the latest in technology, and interactive items, grand exterior entertaining areas, outdoor kitchen, and other amenities. The other type of luxury home buyer is more focused on easy access to the beach or bay, will accept a remodeled, yet older home with less square-footage on a smaller lot as long as they can walk or bike to restaurants and shopping. These beach-centric buyers would prefer their home lives more like a vacation and are not interested in a property that requires much maintenance. They are fine with a smaller home.

GLORIA JEWELL

With over 30 years of experience in the industry, Gloria Jewell at Teles Properties is a favorite in the luxury home and investment property market in Laguna Beach and surrounding communities with an impressive 98% closing rate on her escrows throughout the years.

“Soft contemporary architecture with smooth clean lines is still in demand, but I am now seeing a new appreciation and trend toward classic elegant architecture that has been renovated or built with a blend of both organic and modern high-end finishes, supported by state-of-the-art amenities. Buyers are looking for homes that feel as if the interior living spaces seamlessly flow into the outside living areas. Views and vistas, as well as privacy blended with amazing landscaping are also important. Soft colors and furnishings that allow the rooms to breathe, providing open, peaceful, and relaxing spaces are what the luxury home buyer wants right now. Of course, demand for Great Rooms with fireplaces has replaced the traditional separate living and family rooms. Media rooms are still in demand, and so are smart home systems that can be controlled anywhere on earth. Energy-efficient and ‘Tesla-ready’ homes also add to the features that buyers are desiring in today’s luxury home market.”

The homes that seem to command a premium have an East-coast appeal with hardwood floors, carrera, calacutta, or soapstone counter-tops, premium appliances, light, bright, and airy floor plans with a Great Room concept that encourages casual entertaining in an inviting atmosphere.”

Jon Flagg Villa Real Estate Tel.: 949.698.1910 Email: jflagg@villarealestate.com 14 | primeluxury.com

Gloria Jewell Teles Properties Tel.: 714.749.7476 Email: gloria@jewell.net

JIM ARDERY & DIANE CANNON

A resident of Laguna Beach for over 37 years, Jim Ardery at Berkshire Hathaway Home Services concentrates on luxury homes and waterfront estates on the California Riviera and the surrounding real estate markets. Together with his business partner, Diane Cannon, they have consistently received top rankings locally and regionally, including this year’s number one position among Orange County’s Top 100 Realtors.

“Luxury home buyers are more and more interested in full-time residences and second homes in private and gated communities in our area. We see people from outside of California that could live anywhere in the world choosing to live in gated communities that offer a full scope of services and private beach access, such as Emerald Bay. The Emerald Bay Homeowner’s Association includes services like an approximately half-mile private beach where people can have catered parties with wine and alcohol and let their dogs run off the leash, which is obviously not allowed on a regular beach. The Bay hosts Holiday events like private fireworks display over Emerald Bay on the Fourth of July, and amenities include a heated swimming pool complex, basketball court, and more. The community has a country club atmosphere with a bohemian and Laguna-type vibe. Emerald Beach is situated in the north end of the Laguna, which provides home owners with access to Newport Beach, Fashion Island, and John Wayne airport in a very traffic-free environment. Having lived at Emerald Bay for ten years, I can see why this exclusive coastal lifestyle is seeing increasing demand today.”

Jim Ardery & Diane Cannon Berkshire Hathaway Home Services Tel.: 949.887.3823 (Jim) / 949.230.1200 (Diane) Email: jimardery@bhhscal.com

TIM CARR 949.631.9999

tim@timcarrgroup.com

214 EMERALD AVENUE, BALBOA ISLAND OFFERED AT: $3,995,000

• 5 Bd / 6 Ba • 4,030 Sq. Ft. •

2419 SANTIAGO DRIVE, NEWPORT BEACH OFFERED AT: $2,999,000

• 4 Bd / 4 Ba • 4,880 Sq. Ft. •

| timcarrgroup.com |

CalBRE#01017277

Shore mooring available! Located on an over-sized corner lot on Balboa Island, this magnificent beach house boasts over 4,000 square feet and has quintessential Eastern Seaboard style. Enjoy sunsets over the Bay from the spacious rooftop deck!

Situated on one of Newport Beach’s most incredible half acre home sites, this custom coastal inspired estate has been remodeled in 2010 with high-end finishes. A gated, circular drive leads you to the more than 4,800 square foot custom residence, with its spacious rooms, two-story ceilings, and open floor plan. primeluxury.com |

Real Estates Best Address

1 PELICAN VISTA, NEWPORT COAST • 5 Bd / 7.5 Ba • 13,500 Sq Ft • Coastline Views •

OFFERED AT: $22,888,000

Reminiscent of Europe’s grand estates, Villa di Pietra presents a rare opportunity for the discriminating buyer who demands the finest in style and luxury in a residence ideal for lavish entertaining and ultimate privacy. Sequestered at the end of a tranquil cud-de-sac on a homesite of nearly one-half acre, the magnificent custom palazzo encompasses ~13,500 square feet of exquisitely refined interior living space with dramatic Orange Riviera coastline views. The multi-level estate, which is home to 5 bedroom suites and 7.5 total baths, showcases a large indoor pool with French door access to an ocean-view terrace and open air spa. Sprawling grounds are enhanced by formal gardens, splashing fountains and inviting view terraces. Villa di Pietra…the Ultimate Ocean View Palazzo!

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JOHN MCMONIGLE 949.735.1004

john@themcmonigleteam.com | themcmonigleteam.com |

CalBRE#01123869

31822 SECOYA WAY, COTO DE CAZA OFFERED AT: $10,995,000

• 9 Bd / 11 Ba • 14,000 Sq. Ft. • 9.5 Acre Lot •

Breathtaking paradise estate, dramatic architecture with attention paid to every detail! Spreading over 9.5 Acres, features include a water theme park, a lagoon with waterfalls, slides and caves, and a replica pirate ship built into the pools lagoon, guest pool house with entertainment area full kitchen and bathroom, a lake with a large covered pavilion for relaxing, a lookout tower which offers great views of the country side. Extraordinary elegance flows throughout! The main residence has a state-of-the-art home theater room, lounge, a billiard room with hand rubbed wood and copper ceiling and walk out covered balcony, 2 offices, 7 fireplaces, a spectacular entry, living and dining, and state of the art kitchen and adjoining nook and large family room, surround sound system throughout, 8 car garage, 4 car attached to home and 4 car garage separate from the main residence with a two bedroom guest house above with full bathroom, and caretaker room area with bath. This home has a main house and 3 separate structures near the main residence, square foot is based on all buildings. Buyer to verify. Ideal for entertaining within your own resort! primeluxury.com |

Newport Coast Specialists

CONTEMPORARY COASTAL SPLENDOR OFFERED AT: $20,000,000

• 4 Bd / 6 full 3 half Ba • 7,644 Sq. Ft. • 19,545 Lot •

A modern masterwork in Newport Coast, 11 Pelican Vista represents a perfect intersection of architecture, design, and technology. Ocean and harbor views perfectly complement a contemporary interior, featuring a spacious floorplan and an abundance of natural light. The light that fills this stunning home is what defines it. From the thousand-crystal chandelier that dominates the massive entryway, to the customizable LED system subtly installed in every room, light is what makes this home unforgettable. Control the light with the flick of a finger on any one of the Crestron panels throughout the home: raise and lower shades, change colors, and set custom profiles with ease using the intuitive system. More information at www.11pelicanvista.com.com. 18 | primeluxury.com

REX MCKOWN 949.689.5018 | rmckown@surterreproperties.com | NewportCoastProperties.com MARCY WEINSTEIN 949.689.3550 | mweinstein@surterreproperties.com

LANDMARK PELICAN CREST ESTATE OFFERED AT: $37,000,000

• 8 Bd / 8 full 3 half Ba • 13,437 Sq. Ft. • 31,651 Lot •

From most prominent single lot in Newport Coast and hidden behind private gates offering a true 220 degree view of the Pacific Ocean, Catalina Island, Palos Verde, Newport Harbor, Pelican Hill Golf Course and city lights all the way to Los Angeles, this 7 bedroom, 11 bathroom Pelican Crest estate is reminiscent of Versailles and the Palladian palazzos of the Veneto yet equipped with all the luxurious conveniences that modernity and ingenuity can afford: Spa, Gym, Pool, 13 seat Movie Theatre, 1200+ bottle Wine Cellar, Bar Lounge, Recreation Room, Outdoor BBQ Pavilion, Fireside Lounging, 7 car garage, Commercial Elevator. The list of amenities is simply too long to adequately describe. More information at www.1pelicancrest.com. primeluxury.com |

Specializing in High-End Real Estate

31885 CIRCLE DRIVE, LAGUNA BEACH

OFFERED AT: $11,995,000 • 4 Bd / 5.5 Ba • 3,400 Sq. Ft. •

Like a luxurious yacht anchored at the shore, with stunning unobstructed ocean views from nearly every room and world-class style at each turn, this newly constructed, never-before-lived-in custom estate blends state-of-the-art with top-of-the-line over a cove adjacent to Thousand Steps beach in Laguna. More information at www.31885circledrive.com.

20361 CYPRESS STREET, NEWPORT BEACH OFFERED AT: $3,975,000 • 5 Bd / 7 Ba • 7,752 Sq. Ft. •

The opportunity to purchase a nearly ½ acre equestrian estate in Newport Beach’s Upper Back Bay is incredibly rare, especially when it includes a beautiful and luxurious 6,877-s.f. custom residence. This home boasts 2 stories with 5 bedrooms, 7 bathrooms, a great room, a formal living room, a formal dining room with a 1,500-bottle wine cellar, dual master suites, 3 fireplaces, an elevator, 2 staircases, 3 balconies and a security system complete with cameras and motion detectors. More information at www.20361cypressstreet.com.

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ANDY STAVROS 949.290.0139

andy.stavros@telesproperties.com | stavrosgroup.com |

CalBRE#01408840

31107 SOUTH COAST HIGHWAY, LAGUNA BEACH

OFFERED AT: $9,995,000

• 3 Bd / 3 Ba • 3,000 Sq. Ft. •

The most famous home in Laguna Beach is virtually invisible, blending with its natural surroundings so beautifully that it is easy to miss yet impossible to forget. Welcome to the legendary Rock House, an incomparable Brion Jeannette-designed custom trophy estate directly on the sand at Aliso Beach. More information at www.thelagunarockhouse.com.

2330 CRESTVIEW DRIVE, LAGUNA BEACH OFFERED AT: $4,500,000 • 3 Bd / 4 Ba • 3,800 Sq. Ft. •

As if straight from the illustrious pages of Architectural Digest, this visually stunning and equally inviting Laguna Beach residence offers the rewards of sweeping Pacific Ocean, Catalina, city light and shoreline views that reach as far as Palos Verdes. Crafted over 6 years at a cost of over $10,000,000, the hillside home now represents a substantial value. More information at www.2330crestviewdrive.com.

primeluxury.com |

Top Selling Luxury Real Estate Group

72 GOLDEN EAGLE, SHADY CANYON

OFFERED AT: $10,495,000 • 7 Bd / 9 Ba • Approx. 10,777 Sq. Ft. •

22 SAGE CREEK, SHADY CANYON

OFFERED AT: $5,795,000 • 5 Bd / 5 Ba • Approx. 5,900 Sq. Ft. •

La Suvera at 72 Golden Eagle in Shady Canyon goes beyond – and above – any Tuscan-inspired estate in Southern California. This is the region’s finest achievement in melding authentic Italian architecture, true Old World craftsmanship and finishes with modern, family-centric luxuries. The nearly oneacre lot showcases some of Shady Canyon’s most stunning, panoramic views. More information at www.72goldeneagle.com.

Situated on a desirable view lot, this custom French Provencal estate encompasses approximately 5,900 square feet with five bedrooms, four-and-a-half baths. Elegant charm fills the beautifully manicured grounds and offers scenic vistas of the hillsides and boulders that characterize the coveted Shady Canyon topography. The estate unfolds with a citrus lined path revealing the exteriors are as detailed and varied as the interiors with artisan handchipped stonework, distressed custom hand-made fully functional shutters, imported French stone fountain, outdoor fireplace, custom plaster and mature fruit trees. More information at www.22sagecreek.com. 22 | primeluxury.com

JACQUELINE THOMPSON GROUP 949.326.3392

jthompson@surterreproperties.com | JacquelineThompsonGroup.com |

CalBRE#01476106

54 CANYON CREEK, SHADY CANYON

OFFERED AT: $6,995,000

126 CANYON CREEK, SHADY CANYON

OFFERED AT: $8,749,000 • 6 Bd / 8 Ba • Approx. 9,698 Sq. Ft. •

• 5 Bd / 7 Ba • Approx. 7,536 Sq. Ft. •

Let your sojourn take root in this blissful Shady Canyon custom estate - a sanctuary built to inspire. To reside here is to experience the ultimate in fivestar resort living. Every room in this five bedroom, five and two-half-bath home defines a fashionable way of life in an ambiance intended to transport the soul - whether a guest or resident. More information at www.54canyoncreek.com.

The timeless romance of an Italian farmhouse meets modern-day luxury in exclusive Shady Canyon. Experience European-influenced living and entertaining in a magical setting amid lovely gardens, courtyards, and views. This very private custom estate has been constructed and designed with an attention to detail that blurs the line between homebuilding and art. The estate encompasses approximately 9,698 square feet of custom-built and designer-appointed interiors which includes six bedrooms, six and two-half-baths, an office, a detached casita, a wine cellar, elevator, pool/spa, multiple outdoor fireplaces and much more. Inquire on optional 7th bedroom. More information at www.126canyoncreek.com. primeluxury.com |

CHRIS BRIGANDI 949.910.6005

arborrealestate.com | cbrigandi@arborrealestate.com |

Real Estate Professional

32761 MEDITERRANEAN DRIVE, DANA POINT OFFERED AT: $3,795,000 • 5 Bd / 6 Ba • 4,368 Sq. Ft. •

This ultra-private Monarch Bay Terrace estate spans nearly an acre with panoramic ocean and whitewater views. Designed for the ultimate in barefoot luxe coastal living, the Santa Barbarainspired property encompasses a 3,876 square foot main house with 4 bedrooms, 3.5 baths and a 492 square foot casita (could be 5th bedroom) at the end of a cul-de-sac perched above Monarch Bay in Dana Point. Romantic Spanish architecture and Old World artisan craftsmanship meet modern luxury amenities here, with stunning custom wood, tile, glass, iron and stonework juxtaposed with advanced technology and security amenities. Extensive grounds envelop the estate, including a massive park-like garden on the lower terrace level. Exceptional highlights include large-scale rooms with lovely views, a saltwater pool and spa, casita fitness center, chef's kitchen. 2 car attached garage with an additional golf cart or storage garage with roll up door at the rear of the casita. Enjoy a stone's throw access to fine dining, shopping and the beach with its secluded coves and full service facilities including world-class dining, beach and recreation amenities.

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CalBRE#01476106

NICOLE DISHON 949.500.8618

arborrealestate.com ndishon@arborrealestate.com CalBRE#01476106

JON DISHON 949.632.9967

arborrealestate.com jdishon@arborrealestate.com CalBRE#01912352

304 MORNING STAR LANE, NEWPORT BEACH OFFERED AT: $6,995,000

• 4 Bd / 5 Ba • 4,263 Sq. Ft. •

This stunning bay front Santa Barbara style home has over 100 feet of water frontage and large dock to accommodate three vessels. A 70', 40' and 25' with 50 amp service. This custom home features a large gourmet kitchen open to a spacious family room. A loggia off the family room brings you the coastal lifestyle of indoor and outdoor living. There is a large master downstairs and two ensuite bedrooms upstairs. There is an additional media/family room with wet bar. Enjoy "day spa" amenities in your own home with a dry sauna and steam room. Spectacular views from the second story deck which includes entertaining area with second built in BBQ and Jacuzzi. This home is a rare find! A boaters dream home or anybody looking for this much frontage on the water. primeluxury.com |

•

PRIME PROPERTY MASTERPIECE

25 MONTAGE WAY, LAGUNA BEACH

PALACE BY THE SEA

26 | primeluxury.com

Offered by Tim Smith, The Smith Group of Coldwell Banker Previews International 949.717.4711 | tim@timsmithgroup.com | SmithGroupRealEstate.com | CalBRE#01346878

LIST PRICE: $28,750,000

On a private parcel at the prestigious Montage Resort in Laguna Beach, this one-of-a-kind estate raises the bar for coastal Southern California living. WRITTEN BY DIRK VOGEL PHOTOGRAPHY BY TOBY PONNAY

Prepare to be amazed: Starting from the street-level portico, the estate at 25 Montage Way leads visitors an a “discovery” floor plan designed by architect Christian R. Light.

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•

PRIME PROPERTY MASTERPIECE

any a property along the scenic Orange County coastline deserves to be called “unique.” But the sprawling estate at 25 Montage Way in Laguna Beach just might trump them all: Overlooking the coast from a 13,522 square-foot lot at the prestigious Montage Resort and Spa, this stunning 6-bedroom palace by the sea is unique in every sense of the word. Designed by architect Christian R. Light of C. J. Light Associates of Newport Beach, 25 Montage Way is unique with its intriguing floor plan, combining airy social spaces for grand-scale entertaining with luxe private sanctuaries; unique in its blend of rugged Craftsman design touches and state-of-the-art technology; unique in concealing stunning sunsets views overlooking the Pacific Ocean and Catalina Island behind a low profile street entrance; and unique as a private lab of luxury offering the nearby resort’s full gambit of amenities, from concierge to spa services.

plan.” Entering the estate via the glass bridge, the elaborate floor plan reveals the upper living level anchored by a Great Room, lined by a formal dining room, and the tucked away Master Suite. Craftsman touches include exposed brick wall, copper chandeliers suspended from rafter-lined ceilings, while a “relaxed and warm palette of materials including tumbled stone, brick surrounds, copper and slate further enhance the subtle aesthetic and

“This estate represents one of the most exclusive and luxurious pieces of property available in Southern California. The craftsmanship, quality, and location paired with the Montage amenities creates an unparalleled lifestyle offering.” – Tim Smith, The Smith Group of Coldwell Banker Previews International

CALIFORNIA LIFE AND STYLE

A true showcase of California living at its finest, this Craftsman-style estate built by Dugally-Oberfeld in 2015 cuts a dramatically modern profile in one of the country’s most coveted ZIP-codes. Comprising two levels at a total of 8,315 square feet, the sprawling hillside estate comes pre-loaded with all the accoutrements of contemporary luxury blended with home media lounge, private bar and wine tasting chamber, elevator, exercise room, library, chef’s kitchen, and outdoor pool blend contemporary resort living with a laid-back California aesthetic and private beach access (read: sunrise surf sessions). All these features are carefully balanced on a layout described by architect Christian R. Light – see more of his work at cjlight.com – as a “discovery

interpretive intention,” said Christian R. Light. Traversing to the lower level – where socializing is bound to kick into high gear – reveals grand living spaces encompassing a state-of-the-art game room, full theater room, stately library, wine cellar and tasting room, plus exercise room. “The goal was to provide a level and organization of light, space, and functionality that the user would have trouble wanting to leave and go upstairs,” said Christian Light. Rounding out the one-of-a-kind offering, 25 Montage Way includes coveted access to all luxurious amenities of the Montage Resort and Spa, including personal concierge services, Spa Montage, and private dining. And while the property celebrates “permanent vacation” resort ambiance unlike any other, it also caters to families and professionals with real-world perks: Surrounded by some of the area’s hottest dining and shopping, the property is located in an excellent school district with top-rated schools for all ages. Did we mention this place is unique? For more information visit www.25montage.com

Built with grand-scale entertaining in mind, the connoisseur’s kitchen is attached to airy living spaces with stunning coastal views.

28 | primeluxury.com

LIST PRICE: $28,750,000

Breathe in the sunset: Floor-to-ceiling glass doors disappear, seamlessly connecting indoor and outdoor spaces.

Exposed brick meets designer touches such as reflective wall ornaments and chandeliers in the basement-level dining nook.

Resort-style living at its finest: The open-air patio is ready for taking in the Catalina Island views.

The suspended entry-level walkway with its glass floor inserts viewed from the basement courtyard area below.

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31671 SEA BLUFF LANE, LAGUNA BEACH OFFERED AT: $5,995,000

• 4 Bd / 5 Ba • 4,865 Sq. Ft. •

231 MONARCH BAY, DANA POINT OFFERED AT: $3,275,000

• 4 Bd / 3 Ba • 4,000 Sq. Ft. •

Soft-Contemporary California Living Ocean-Side of PCH. This home offers elegance, an impeccable finish and fantastic ambiance. Enjoy fabulous ocean views and a main level that offers seamless entertainment capability. Walk out of your yard and down the private path to the gated, locked and private beach path only accessible to you and surrounding owners!

Stunning single-level home in the sought after, guard-gated community of Monarch Bay! 4 bed, 3 full bath home is light and bright, open and spacious with beautiful upgrades throughout. Create an indoor-outdoor feel by opening sliders off the great room and dining room; step out onto the loggia, and enjoy the sparkling pool, spa, lush landscape and fire-pit area!

BOB WOLFF 949.338.6294

bob@bobwolff.com | bobwolff.com

C’YA BYE

30 | primeluxury.com

CalBRE#01053562

JON FLAGG 949.533.7878

jflagg@villarealestate.com

| jonflagg.com |

CalBRE#01316048

Real Estate Professional

217 VIA KORON, NEWPORT BEACH OFFERED AT: $4,695,000

• 4 Bd / 6 Ba • 5,100 Sq. Ft. •

113 VIA LIDO SOUD, NEWPORT BEACH OFFERED AT: $3,995,000

• 4 Bd / 4 Ba • 3,610 Sq. Ft. •

Beautifully positioned on a premium interior double lot, this Cape Cod style home with an exquisitely landscaped courtyard entry, comprises a unique blend of grace and sophistication with timeless charm and traditional influences.

Perched on the Lido Isle bay front, this home offers direct access to a large boat dock and is adjacent to a unique and inviting park-like grassy yard. Featuring four bedrooms (including a main floor bedroom) and four bathrooms, the open floor plan and large family room is perfect for entertaining. primeluxury.com |

GIULIETTA FOX WILSON & JOHN WILSON 949.874.0934

fox@explorehomesonline.com | explorehomesonline.com |

CalBRE#01180243 | CalBRE#01895983

OCEAN-VIEW RITZ COVE ESTATE OFFERED AT: $11,900,000

• 7Bd / 10 Ba • Approx. 9,299 Sq. Ft. •

Beyond the guarded entry gates of Ritz Cove in Monarch Beach awaits an ocean-view masterpiece of splendid architectural design. Wrought iron doors introduces a 3-level estate of uncompromising luxury, exemplary attention to detail, and lavishly adorned living spaces that are primed for entertaining. Approx. 9,300 s.f. the residences includes 7 bedrooms including an opulent ocean-view master suite, 10 bathrooms, a handsome library, formal dining room with wine cabinet, an elegant bar, an elevator serving all 3 floors, and a chef’s kitchen with extra prep kitchen. Details include Swarovski crystal chandeliers, a floating spiral staircase, and hand-carved wood and limestone fireplaces. Enjoy a temperature controlled wine cellar with tasting area, lower level staff quarters that can easily transform into a home theater, and a subterranean 8-car garage. Gorgeous grounds feature a pool and spa, fireplace, BBQ island, ocean- and Catalina-view patios and inviting terraces. More information at www.99ritzcove.com. 32 | primeluxury.com

JIM ARDERY 949.887.3823 jimardery@bhhscal.com | CalBRE#00576041 DIANE CANNON 949.230.1200 diane@lbhomebuying.com | CalBRE#01090918

616 VIRGINIA PARK DRIVE, LAGUNA BEACH OFFERED AT: $3,795,000 • 3 Bd / 3.5 Ba • 3,136 Sq. Ft. •

Absolutely gorgeous "laguna style" home with fabulous ocean and laguna village views. Architecturally beautiful and extremely well done, with lots of natural stone and wood accents, in the floors and bathrooms, a beautiful mix of natural paver and tiled rooms. Cooks kitchen with all the best appliances, huge wolf professional stove with six burners, grill and double oven, double door oversized subzero refrigerator, center island and informal eating area that sits five or six comfortably. High wood beamed ceilings with massive skylights everywhere that keeps the home light and bright. The family room has a wall of built in bookcases and it overlooks the back bricked yard and patio. The large kitchen spills out to the "great room" that is used for more formal entertaining, it has full ocean views from the inside and also opens to a large entertaining patio and deck with panoramic ocean views. Walk to beach, restaurants and shops. primeluxury.com |

DIANA MINER 949.644.1600 diana.miner@coldwellbanker.com

Selling on Lido Isle

204 VIA LORCA, LIDO ISLE â&#x20AC;˘ 3 Bd / 3.5 Ba â&#x20AC;˘

Fabulous Lido Isle home on almost double lot featuring 3 bedrooms, 3.5 bath. The home was remodeled with quality workmanship throughout. The downstairs is complimented by a living room with fireplace, dining room, gourmet kitchen with top-of-the-line appliances, spacious family room with fireplace, powder bath and bar nook. The upstairs has a 34 | primeluxury.com

OFFERED AT: $3,728,000

master bedroom with walk-in closet, ensuite carrara marble bath, and two secondary bedrooms with ensuite baths, also featuring a large entertaining viewing room. Other amenities include a spacious outdoor entertaining area with fireplace which is very unique for this one of a kind Lido Isle home.

STEVE HIGH 949.874.4724 shigh@villarealestate.com | CalBRE#00936421 EVAN CORKETT 949.285.1055 ecorkett@villarealestate.com | CalBRE#00468496

320 COLLINS AVENUE, NEWPORT BEACH OFFERED AT: $5,795,000 • 4 bd / 5 ba • 3,981 sq. ft. •

This Balboa Island traditional style home is straight from the pages of House Beautiful magazine which featured the home in its publication as one of its most stylish beach homes. Painstakingly crafted by its current owners and priced well below its land acquisition and building cost, this home is one of the finest ever built in Orange County. Located on an oversized interior corner lot, the home features over 3,900 square feet of living space and includes a spectacular roof top bay view deck with a Jacuzzi, fireplace, and entertainment area; a dramatic and rare interior courtyard with a fireplace that opens to all of the major rooms of the house, a formal living room, formal dining room, a paneled office, family room, bar, bonus room, an island kitchen, butler’s pantry and an elegant master suite with a sitting room and fireplace. The finish materials are the “finest of the fine” and include rare marbles and limestones, mahogany woodwork, leather flooring, oak hardwood floors, custom cabinetry, silk wallpapers, paneling, and much more. More information at www.320collins.com. primeluxury.com |

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MARKET ANALYTICS

SMART DATA ON LUXURY REAL ESTATE

AVERAGE HOME PRICE: JAN - JULY 2014 VS. JAN - JULY 2015 0

250,000

500,000

750,000

1,000000

1,500,000

2,000,000

3,000,000

GROWTH

4,000,000

PRICE PER SQ FT

$532 $545

2.44%

ORANGE COUNTY

CITIES

250,000

500,000

750,000

1,000000

1,500,000

2,000,000

3,000,000

GROWTH

4,000,000

PRICE PER SQ FT

6.69%

$381 $399

DANA POINT

11.44%

$522 $584

LAGUNA BEACH

-6.01%

$1005 $977

NEWPORT COAST

13.87%

$813 $866

CORONA DEL MAR

1.22%

$953 $1005

NEWPORT BEACH

4.73%

$736 $769

HUNTINGTON BEACH

4.61%

$407 $432

SAN CLEMENTE

HOMES SOLD: JAN - JULY 2014 VS. JAN - JULY 2015 500

1000

1500

3000

3500

DAYS ON MARKET: JAN - JULY 2014 VS. JAN - JULY 2015

4000

ORANGE COUNTY

CITIES

4500

100

200

ORANGE COUNTY

100

300

500

700

900

1100

1300

CITIES

SAN CLEMENTE

DANA POINT

LAGUNA BEACH

NEWPORT COAST

CORONA DEL MAR

NEWPORT BEACH

HUNTINGTON BEACH

36 | primeluxury.com

100

120

*Information does not include all transactions. Data is subject to change. Please contact a real estate agent for updated data and trends.

CONNIE MCKIBBAN 949.280.3078 conniemckibban@bhhscal.com |

CalBRE#00461898

SellingHomesAlongtheCoast.com

THE ULTIMATE BEACH HOUSE OFFERED AT: $1,375,000

• Niguel Shores... The "best-kept" secret along the coast •

Located in the 24-hour gated oceanfront community of Niguel Shores next to the Ritz Carlton Hotel in Monarch Beach, this beautifully remodeled 3 bedroom, 2 bath one story contemporary Beach House features a spacious “Great Room” Design with open beamed ceilings, two sided fireplace, large dining area, and a remodeled kitchen with caesarstone countertops and gas range. The interior of this home is spectacular with “spa” style baths with luxurious porcelain tile detail, 36” doors, special lighting, solar tube, skylights, and ceiling fan, new dual pane windows and sliders in each bedroom. The master bedroom includes a private patio atrium. In addition, the home includes new heating and air conditioning, new roof, an inside laundry room with sink which leads to an attached 2- car garage. The home is fully upgraded with new insulation and wired for internet, telephone and cable. There is a large front yard and patio area with plans for a separate casita. The community includes an oceanfront blufftop park, parking lot, 3 million dollar clubhouse with pool, spa, tennis and sports courts. primeluxury.com |

•

PRIME AGENT SPOTLIGHT

MICHAEL JOHNSON

orn and raised in Southern California, Michael Johnson’s earliest memories of coastal Orange County living stretch back to visiting Laguna Beach in 1967. After graduating from UCLA in 1986, Johnson took the first chance to move to Orange County before earning his Masters in Business Administration at UC Irvine – and never looked back. Living in Laguna Beach as a real estate professional for Villa Real Estate – the Coastal Orange County region’s leading luxury residential real estate professionals – the 51-year-old takes great pride in helping home buyers find their dream home in the buzzing area. “Laguna Beach is a town of 24,000 people and for a town of this size, which is not very big, we have so much going on,” said Michael Johnson. With dedication and constant client focus, Johnson has built an impressive luxury homes track record over the course of his 11-year career: In 2015, Johnson will be clearing his $700-million career sales benchmark. He was recently voted new president of the Laguna Board of Realtors and will take office in 2016. At the time of this interview, Johnson was wrapping up the sale of his largest transaction this year, “a spectacular 11 acre private estate with panoramic ocean views in South Laguna Beach.” Despite his overflowing schedule, Johnson took the time to field some questions from Prime Luxury Homes magazine. How would you describe your approach to working with clients? I’ve always thought of myself as a real estate advisor. As an advisor, I need to know everything that is happening in the local market, and be ‘up’ on the larger macro factors that affect the hugely impacting decisions my clients will be making. The real estate market here on the coast is really complex – and I enjoy assisting my clients in making the best decisions they can. Plus, I love the incredibly varied architecture and gorgeous environment we are fortunate to represent here. On that note, what are the unique benefits of coastal Orange County living? In one word: lifestyle! Just living by the water has its own feeling and lifestyle. Newport Beach and Laguna Beach and the rest of the coastal towns along this stretch are so distinct and unique. These towns have very strong personalities. There’s a lot of character and Pacific pride here, we’re embracing the beach and the water and the relaxed lifestyle that it brings. What are the biggest trends in coastal real estate at the moment? In a unique way it’s very similar to what is going on in larger cities where people are moving back to the center. In the coastal cities people are wanting to move back closer to the action, where they can walk to restaurants and all of the amenities the city brings. That has been a trend where people are willing to live smaller in order to live closer to town. How has this trend affected the market in your area? As far as real estate value goes, there are some smaller cottages that are going for astounding per-square-foot prices. Because of the location and because of people’s desire to live in a beautiful house that does not have to be big. But it needs to be close to everything! We’ve had small cottages that are surpassing $1,500 per square foot in value. Have buyers changed in terms of their background? Our region is now on the map of more people internationally, more than ever before. One reason is that we have had a couple of very large resorts open here over the past ten years, including the Montage Resort, St. Regis on the coast, and the Balboa Bay Club is undergo-

38 | primeluxury.com

ing major renovation. I think that it’s bringing a more international crowd to Laguna Beach, Newport Beach, and Dana Point. What has been your favorite property sale in the area so far? Although it was by no means the largest property, one of my favorites that I ever sold was an incredibly charming older home from the 1910s nicknamed “The Captain’s House.” It was built as the only home on the hill at the time, and also purportedly the summer vacation house for Spencer Tracy and Katharine Hepburn, before they were married – each to somebody else. Finally, what’s the recipe for finding the perfect home? Educate yourself. Don’t be afraid to change your wish list after you start looking at homes, because you may find what you ultimately like and chose ends up being very different. Some people are afraid to change their criteria and look outside the box. And most of all, patience, patience, patience.

Michael Johnson is proud to present this issue's Prime Showcase home. Tour this oceanfront home on page 3.

MICHAEL JOHNSON Agency: Villa Real Estate Years of Real Estate experience: 11 years Areas of expertise: Coastal Residential Born and raised: Southern California, San Gabriel Valley Residing: Laguna Beach, California Education: Bachelor of Science, Mechanical Engineering, UCLA 1986; Masters in Business Administration, UCI 1992 Hobbies: Fitness, travel, fiction reading and writing

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•

LOCAL KNOWLEDGE

CELEBRATING NEWPORT HARBOR'S HISTORY

I love everything about Newport Beach. Always have, always will. My grandmother bought her first house - at A Street and East Oceanfront - in 1938, back when the boardwalk was an actual wooden boardwalk. Newport is one of the best places to live in the world, a wonderful place to raise a family. And, of course, there’s the water. At our doorstep, we have amazing beaches, great surf breaks, and an incredible Harbor. I grew up spending summers as a “pinhead” on fishing boats out of Balboa Pavilion, getting to go out and fish for free in return for cleaning the boat. It’s how I learned about boating and fishing. There is nothing quite like leaving the Harbor on a fishing boat before sunrise - except maybe enjoying a sunset cruise on a Duffy. Or, even better, living on Newport Harbor. As a longtime local - and someone who’s been fortunate to build and sell beautiful homes on Newport Harbor for many years - I’ve been fascinated with the Harbor’s history. In this issue of Prime Luxury Homes Magazine, I wanted to share some of Newport Harbor’s interesting history with you. It all starts with James McFadden, who came to the area in 1868 and - recognizing Newport Beach’s potential as a place to live and work - starting acquiring land to sell to our city’s first settlers. These settlers needed supplies, and the Newport Bay (the precursor to the Harbor), seemed like the best way to deliver them, so a small wharf and warehouse were built. The bay’s sandbars and challenging-to-navigate entrance made it less than ideal as a shipping port, so McFadden relocated his operations to the oceanfront at a location now occupied by the Newport Pier. In 1902, McFadden decided to sell his Newport Beach holdings, including about half of the Peninsula, to William S. Collins (think Collins Island) who saw the bay’s potential as a resort. In 1905, as the Pacific Electric “Red Car” train line was extended to Newport Beach, Collins began dredging the Harbor’s main channel. Before the dredging, my grandmother told me that she used to walk across the bay and pick sucker clams that she could feel with her feet. Soon, the Balboa Pavilion and Balboa Pier were completed, attracting buyers for bay front lots - which were sold for as little as $500! And, if you can believe it, the developers of Lido Isle were so desperate to sell lots there that - for $2500 - you could buy a bay front lot with a dock….and they’d throw in a free lot on the interior of Lido for free! By 1909, Collins had extended the Harbor dredging project further east, using the dredged sand and silt to form Balboa Island. Over the next three decades, further dredging projects including a $1.8 million endeavor in the mid 1930s to clear the sandbars and extend the jetties - gave us the scenic and internationally acclaimed yachting and recreational Harbor we enjoy today. Speaking of enjoyment, what are you waiting for? Get out there and enjoy Newport Harbor and celebrate everything our beautiful corner of the world has to offer. I look forward to seeing you around Newport! Photograhped by Ryan Garvin

Told by Chris Brigandi, Founder of Arbor Real Estate 40 | primeluxury.com

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