MWA sells a luxurious residence for the highest price per square foot setting a new record in the prestigious Newport Coast community.
he coastal real estate experts, McKown | Weinstein | Associates continue to exceed expectations and make history along the way. They have established yet another record, selling the classic residence located at 1 Pelican Crest Drive for $24.1 million, which is the highest price per square foot to date in Newport Coast.
The breathtaking Mediterranean-inspired estate makes an eye-catching statement at nearly 13,500 square feet resting on arguably the best and most beautifully landscaped lot in Newport Coast that spans nearly 31,300 square feet with views from three sides of the property from Laguna Beach all the way to Palos Verdes.
The property boasts a wide variety of inspirations and styles, including craftsmanship influenced by the neoclassical Palladian palazzos of the Veneto, Louis XIV’s Versailles, the French and Italian Riviera, and Ralph Lauren Americana. No detail was left untouched in the seven bedroom eleven bathroom home, as the artistry highlights the property’s custom design, exquisite details, and elegant finishes. The residence is comprised of two home offices, a grand living area, a recreation room equipped with a bar and lounge, home theater, climate-controlled wine cellar that can hold over 1,200 of your favorite vintages, and a fully equipped gym. Majestic Ionic and Doric columns declare stature throughout while shimmering crystal chandeliers adorn the interior. The floor plan includes ornamental wrought ironwork, gorgeously designed custom wallpaper, silk draperies, detailed honey colors, custom carved French paneling, molding, and cabinetry, fine Venetian plaster, inlaid Italian onyx, heated marble floors, alkalized water system, and a commercially sized elevator. The estate leaves you feeling it’s sumptuous warmth and grandiose existence.
This transaction is one of three of the significant sales that have taken place within the last month for MWA. They consistently push the limits by showcasing their extraordinary skill set, putting their client’s needs at the forefront of every enterprise, and setting new records with each transaction. Their unparalleled sales history confirms they are the top real estate professionals, with sales equaling over $2 billion since their beginning.
MWA has been an authority in Orange County since 1991, proving to be the go-to local market experts for Newport Coast and the surrounding communities providing superior client assistance, high-caliber knowledge, and unprecedented negotiating skills with every transaction, setting themselves apart from the competition. Their success speaks for itself with their record-breaking sales and ascendency in the Newport Coast market.
MWA’s partnership with Surterre Properties®, a top luxury residential real estate brokerage known for its teamwork and integrity, gives them an extra edge in the industry providing an elite endorsement solidifying their streamline service.