Coastal Luxury Defined As First Team Real Estate Christie's International Unveils Historic Auction of Oceanfront Laguna Beach Estate

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Southern California's Most Trusted Real Estate Broker Will Auction Beachfront Private Estate in South Laguna's Exclusive Three Arch Bay Community On October 6, 2014

29 Bay Drive features immediate access to the quiet coves of Three Arch Bay in Laguna Beach, CA

"Auctions are often the best way for buyers and sellers to build the best transaction for unique luxury estates, and the pristine estate on 29 Bay Drive certainly fits that description," explained Chris Pollinger, Sr VP, Sales, First Team Real Estate.

In one of South Laguna's most spectacular cove beaches in Laguna Beach, CA, an innovative sale of luxury estate is underway.

"Auctions are often the best way for buyers and sellers to build the best transaction for unique luxury estates, and the pristine estate on 29 Bay Drive certainly fits that description," explained Chris Pollinger, Senior Vice President for Sales, First Team Real Estate Christie's International. "Luxury buyers understand the opportunities offered by a well run home auction and First Team Real Estate Christie's International are using all of our resources to help the seller and potential buyers complete an incredible transaction."

Situated directly on a quiet cove in the private community of Three Arch Bay, this spectacular 5,000 square foot estate house is filled with custom amenities like an elevator connecting all levels of this four bedroom, six bath home that features ocean views from each room. The 15,000 square foot property features a private, short path directly to the sand.

"Luxury buyers have the experience to identify great opportunities and the resources to pursue them," Pollinger continued. "First Team Real Estate Christie's International is building a year of record transaction prices because our agents understand how to exceed the high level of individual service required to complete great transactions like the upcoming auction of the estate at 29 Bay Drive."

Offered with an opening auction bid of $9.99 million, a $6 million reduction from the original listing price, sealed bids are due on October 6 and will be reviewed the next day. Through early October, a series of private showings to qualified buyers and their agents will be offered. The luxury estate is listed by Dean Lueck, a top agent for First Team Real Estate Christie's International working from the First Team Newport Beach office. For more information on 29 Bay Drive, Laguna Beach, CA please go to http://www.firstteam.com/ca/laguna-beach/29-bay-drive/5490208/?seobrl=laguna-beach.

ABOUT FIRST TEAM REAL ESTATE CHRISTIE'S INTERNATIONAL
First Team Christie's International Real Estate specializes in selling Orange County's most unique and exclusive properties. As part of the luxury division of Southern California's most trusted real estate company, First Team Real Estate, First Team Christie's International has been recognized for its unparalleled level of service for estate buyers and international buyers in major media in Asia and the United States. In 2011, 2012, 2013, and again in 2014 First Team Christie's International Real Estate was recognized as part of the Best Real Estate Company by the annual Orange County Register survey of 100,000 Southern California households. We can be reached at (888) 236-1943 or at firstteam.com.

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JEFF GIBSON
First Team Real Estate
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