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Iconic Laguna Beach rock house sells in 3 months – for $7.2 million

The iconic Laguna Beach “rock house” has plenty of unique features, but no revolving door. If it did, it would have been spinning around with buyers and sellers lately. The unconventional home just sold for $7.2 million, from a $7.995 million asking price when it was listed in August. It previously sold for $6.5 million just a year ago, on Nov. 4, 2016. That’s quite a turnaround compared with its listing history. Before 2016, the home spent several years on and off the market. A $15 mil…

The iconic Laguna Beach “rock house” has plenty of unique features, but no revolving door.

If it did, it would have been spinning around with buyers and sellers lately.

The unconventional home just sold for $7.2 million, from a $7.995 million asking price when it was listed in August. It previously sold for $6.5 million just a year ago, on Nov. 4, 2016.

That’s quite a turnaround compared with its listing history. Before 2016, the home spent several years on and off the market. A $15 million price tag in 2014 was chopped to $9.99 million in 2015 and then dropped to $8.5 million before the November 2016 sale.

The 3,000-square-foot, steel-and-glass “rock house” was built into a boulder on the sand. It was designed a couple of decades ago by Orange County architect Brion Jeannette. The home made international headlines.

This time around, the listing agents were Leo Goldschwartz and Scott Lytle of McMonigle Group Corp. (Goldschwartz is an agent on the show “Real Estate Wars” on Bravo TV, so the unusual home could get a cameo if there’s a season 2.) The buyer’s agent was John Stanaland of HOM Sotheby’s International Realty.

The seller was an investor from Oklahoma. No word yet on who the new buyer is.

View original article here.

New Bravo TV Show 'Real Estate Wars' Shoots Rival Agents In Newport Beach

EXCERPT: "John McMonigle, for example, has repped a mansion in Pelican Crest seeking $20-plus million, with an indoor swimming pool and a glowing, multi-colored stripper pole. And until recently, his selections included a Coto de Caza estate with a private lake and a pirate ship. Spyro Kemble, the agent on the One Ford Road house, also represents an oceanfront, Baroque-inspired, 8,800-square-foot home selling at just under $16 million. 'The entry immediately transports visitors to coastal 16th …

EXCERPT: “John McMonigle, for example, has repped a mansion in Pelican Crest seeking $20-plus million, with an indoor swimming pool and a glowing, multi-colored stripper pole. And until recently, his selections included a Coto de Caza estate with a private lake and a pirate ship.

Spyro Kemble, the agent on the One Ford Road house, also represents an oceanfront, Baroque-inspired, 8,800-square-foot home selling at just under $16 million. ‘The entry immediately transports visitors to coastal 16th century Europe,’ the listing says.” Read More

Agent, Inc. 16.05.24 New On The Press! Agent, Inc.

EXCERPT: "In a saturated marketplace of Real Estate products and 2 million active agents nationwide, we discovered a need for a platform nurturing, inspiring and sharing information for the success and well-being of the AGENT. Hence, we created AGENT Inc., FUEL for top performing Agents. AGENT, Inc is designed to bring the art of the negotiation and relationship selling back to life by tapping into the top percentage of uber successful Agents: what drives them and what gives them purpose." Cli…

EXCERPT: “In a saturated marketplace of Real Estate products and 2 million active agents nationwide, we discovered a need for a platform nurturing, inspiring and sharing information for the success and well-being of the AGENT. Hence, we created AGENT Inc., FUEL for top performing Agents.

AGENT, Inc is designed to bring the art of the negotiation and relationship selling back to life by tapping into the top percentage of uber successful Agents: what drives them and what gives them purpose.”

Click here to view the first issue of Agent Inc.

ORANGE COUNTY REGISTER 16.05.24 $21M Sale Called Record Breaker For Newport Coast’s Pelican Neighborhoods

EXCERPT: "A newly built, 13,891-square-foot home in Pelican Crest has sold for $21 million, touted as a record sale for Newport Coast's Pelican communities. The ocean-view house, occupant-certified in January, was a collaboration of architect Richard Krantz, interior designer Errol de Jager of DeJager design, and Pelican Developers, according to the off-market listing. Set on a cul de sac in the guard-gated enclave, the three-level house at 29 Avalon Vista has six en-suite bedrooms and 10 bath…

EXCERPT: “A newly built, 13,891-square-foot home in Pelican Crest has sold for $21 million, touted as a record sale for Newport Coast’s Pelican communities.

The ocean-view house, occupant-certified in January, was a collaboration of architect Richard Krantz, interior designer Errol de Jager of DeJager design, and Pelican Developers, according to the off-market listing.

Set on a cul de sac in the guard-gated enclave, the three-level house at 29 Avalon Vista has six en-suite bedrooms and 10 bathrooms.

The home is also tucked behind its own set of gates.

Amenties include a commercial-grade elevator, formal, two-story library and a separate office with a fireplace. The daylighted lower level has exercise areas and a game lounge, as well as a home theater and expansive wine cellar. Outdoors are an additional 4,000 square feet of loggia spaces and a heated swimming pool. The property includes staff quarters and a 3,000-square-foot, finished garage.

John McMonigle of The McMonigle Group was the listing agent; Alan Chen of IRN Realty represented the buyer.

McMonigle said the private sale has set a record in the Pelican neighborhoods, which include Pelican Crest, Pelican Hill and Pelican Ridge.” Read the whole article here.

ORANGE COUNTY REGISTER 16.05.24 Prudential California Realty Adds John McMonigle, Leading Orange County Luxury Agent to the Team

EXCERPT: "Southern California real estate powerhouse Prudential California Realty, one of the nation's largest residential brokerages, has added one of the world's top-selling real estate groups, the McMonigle Team, to its growing Orange County team. Headed by John McMonigle, the McMonigle Team will be based in Prudential's Newport Beach office. 'For years, the McMonigle brand has been synonymous with top performing luxury-home sales – here and around the globe,' said David M. Cabot, president …

EXCERPT: “Southern California real estate powerhouse Prudential California Realty, one of the nation’s largest residential brokerages, has added one of the world’s top-selling real estate groups, the McMonigle Team, to its growing Orange County team. Headed by John McMonigle, the McMonigle Team will be based in Prudential’s Newport Beach office.

‘For years, the McMonigle brand has been synonymous with top performing luxury-home sales – here and around the globe,’ said David M. Cabot, president and chief executive officer at Prudential California Realty. ‘The McMonigle Team’s extensive experience in selling luxury real estate in some of the most desirable Orange County communities is a great enhancement to our group of high-performing agents in this area.’

Having represented the sale of more than $4 billion in luxury homes over the past ten years, the McMonigle Team is a world leader in the real estate industry. The team currently holds the record for sales of a single residential property in Orange County at just under $40 million. Well-known as one of the country’s leading real estate experts, John was featured on an episode of The Oprah Winfrey Show in 2009, where he discussed Orange County real estate trends. John and his team will be based in Newport Beach, but will continue to represent clients throughout Orange County. The McMonigle Team also has representatives in the Los Angeles area.

‘The addition of the McMonigle Team immediately increases our growing market share in Orange County,’ said Leeann Iacino, chief operating office at Prudential California Realty. ‘This is an exciting time for luxury real estate home sales in Orange County, and the McMonigle Team will be an integral part of continuing our growth.’

With over 3,200 sales associates in more than 62 offices across Southern California and the Central Coast, Prudential California Realty is one of the top five brokerages in the nation. In 2012, agents of the firm, one of the largest companies in the Prudential Real Estate International network, closed nearly $11 billion in sales volume and well over 14,000 transactions. Prudential California Realty is proud to be a member of HomeServices of America Inc., a Berkshire Hathaway affiliate.”

Access this article online at the OC Register