M|W|A Sells Crystal Cove Estate for $16.5M

Lena Ghezel of McKown Weinstein and Associates (MWA) sells an impeccably built, custom residence in Crystal Cove for an astonishing $16.5 million.

The sale of 3 Midsummer, located along the coast of Newport Beach, contributes to one of many for Ghezel in the community in which she represented the seller in this all-cash transaction.

Going above and beyond for her clients, Lena Ghezel quickly recognized that to market this home effectively, she would need to appeal to potential buyers in a unique way. She decided in order to do so, the address of the property would need to change, a strategy never before executed in Orange County being that there was a home on both sides. She found that the number “4” was not appealing from a Feng Shui perspective. Because 4 Midsummer was between 2 and 6 Midsummer, she had to find a way to change the number of the house without going out of numerical order. After three months of dealing with the city of Newport Beach, mapping department, police department, fire department, along with the association, her request had been granted, and this magnificent estate officially became 3 Midsummer. This approach not only attracted more buyers but also rapidly resulted in a closed transaction.

3 Midsummer radiates timeless European elegance paired with sophisticated coastal style.

A new construction custom estate, the residence was built to feature panoramic vistas from every room in the three-level home stretching from Palos Verdes to Catalina to Newport Harbor and up and down the coastline.  Resting at the end of a cul-de-sac on nearly half of an acre and exuding the utmost privacy, this six-bedroom eight-and-two-half bathroom estate was designed by a distinguished architect, interior designer, and landscape architect collaboration. Created to offer an open and airy floor plan with natural light flowing throughout, only the finest materials were used, including terrazzo flooring with mosaic details, herringbone walnut floors, exotic stone countertops, master crafted wood cabinetry, and custom lighting. The luxurious master wing captivates the breathtaking panoramas and features a spacious terrace perfect for watching the sunset, a spa-like bath suite, and an ample dressing room. Every floor of this property reveals grand amenities with an innovative design that highlights an elevator which services every level, a chef-inspired gourmet kitchen with a secondary catering kitchen, a large theater room, huge wine cellar, paneled office/study, staff quarters, and a subterranean garage that can fit up to nine cars. The manicured grounds highlight formal gardens with water and fire features, an oval infinity pool, a spa, an outdoor kitchen, and so much more.

Lena Ghezel is an associate with McKown | Weinstein | Associates, a real estate team that is part of Surterre Properties®, a top luxury residential real estate brokerage known for its teamwork and integrity. McKown | Weinstein | Associates have been an authority in Orange County since 1991 and remain the go-to local market experts for luxury coastal real estate.

 

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