Atwood
REAL ESTATE
42-Acre San Juan Property Breaks Orange County Housing Price Record at $150 Million
Breaking real estate records in Orange County, a rare 42-acre property in San Juan Capistrano hit the market in June for a listing price of $150 million. In the heart of San Juan near Marbella Country Club, Robert Maurer, the seller of “Casa Grande,” has been dreaming of the day to see the fruition of the estate be completed. The estate includes an existing 21,000-square-foot structure consisting of three apartments, offices, and storage space, which was completed in 2010. It also has permitted plans for a 38,000-square-foot main residence on a ridgeline with 360-degree views.
$60 Million Home With Subterranean Garage And Movie Theater
This mediterranean style home is located at 6 Mystique in Newport Coast, California and is situated on nearly half an acre of land. It was built in 2013 and features over 11,000 square feet of living space with 6 bedrooms, 7 full and 2 half bathrooms, elevator, formal living & dining rooms, kitchen, breakfast room, office, lounge, wine room, movie theater, gym, 8-car subterranean garage and more.
Invited Sells Golf Clubs in Coto de Caza to STI USA Corp for $120MM
Two prominent Orange County golf clubs, Coto de Caza Golf & Racquet Club — located at 25291 Vista Del Verde — and Aliso Viejo Country Club — located at 33 Santa Barbara Dr. — have been sold in a transaction totaling over $120 million. The deal, one of the largest in the region this year, according to a report from the Commercial Observer, involved the transfer of ownership from Dallas-based club operator Invited (formerly ClubCorp) to an Irvine-based firm, STI USA Corp. Property records indicate that the 36-hole Coto de Caza club sold for nearly $81 million, while the 18-hole Aliso Viejo club sold for $40.6 million.
Two Multi-Tenant Office Buildings Trade for $28.2MM in San Gabriel Valley
(Editor’s Note: The properties were purchased by two entities affiliated with BSP Senta Gateway Center LLC and California Bank and Trust, according to public records.) Executive Managing Director Ryan Campbell, SIOR, with NAI Capital Commercial’s Investment Services Group in the San Gabriel Valley office, completed the acquisition of two separate office buildings totaling 119,986 square feet in Diamond Bar and Monterey Park, California. Ryan, along with Tony Naples of Lee & Associates, represented the buyer, a private investor, in the transactions.
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