Newport Coast’s Most Trusted Real Estate Luxury Broker, First Team Estates Christie’s International Announces Landmark Sale in Bonita Canyon For $3.389 Million

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Incredible Estate Sold By Dean Lueck For A Record Price Per Square Foot Of Over $751. Five-Bedroom, Five-and-a-Half-Bathroom Home With Canyon Views Sells For 17.99% Higher Than 12 Month Year To Date Average Per Square Foot Price

20 Peppertree Newport Beach, CA represents a new mark in luxury estate sales for Bonita Canyon region of Newport Coast.

20 Peppertree Newport Beach, CA represents a new mark in luxury estate sales for Bonita Canyon region of Newport Coast.

“We worked very hard to make sure to tell the unique and welcoming story of the home from a living and an economic opportunity perspective,” said Dean Lueck.

In the world of exquisite coastal property, the incredible estates and villas that make up Newport Coast, CA are amongst the very best in the world. Even in this market, recently pegged by Christie’s International as one of the top five fastest growing in the world, the per square foot price paid for the home at 20 Peppertree stands out for setting a high watermark of $751 per square foot for the ultimate purchase price of $3.389 million.

“The First Team Estates Christie’s International agents, Dean Lueck and Laura Cowie, put together an incredible opportunity for both buyer and seller in this transaction,” said Terry LeClair, Senior Vice President, Sales First Team Estates Christie’s International. “Congratulations to them and to the property owner and buyer of the incredible home.”

The five-bedroom, five-and-a-half-bathroom luxury home at 20 Peppertree in the Bonita Canyon neighborhood of Newport Coast, CA boasts top-of-the-line amenities, an incredible coastal canyon view, and a welcoming layout that beckons everyone into the home.

“We worked very hard to make sure to tell the unique and welcoming story of the home from a living and an economic opportunity perspective,” explained Dean Lueck. “it is critical to be able to understand the needs of the owner and the buyer and to provide all of the available data so all parties can make an informed decision, and it’s great to see the success here.”

ABOUT FIRST TEAM ESTATES CHRISTIE’S INTERNATIONAL
First Team Estates Christie's International 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 Estates 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, 2014 and now 2015, First Team Estates Christie's International was recognized as ‘Best of OC’ for Real Estate Companies 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.

DISCLAIMER
Based on MLS reported data for the Wyndover Bay Tract in Bonita Canyon. © First Team Estates®. All rights reserved. This representation is based on information from California Regional Multiple Listing Service, Inc., as of 09/16/2015. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. This is not intended to solicit a listed property. If your property is currently listed for sale with a broker, please disregard.

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JEFF GIBSON
First Team Real Estate
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