The Smith Group Has Highest Sale in Newport Beach in 2016

The Smith Group, a team of sales associates affiliated with the Coldwell Banker Residential Brokerage Newport Beach office, recently closed escrow on the highest priced on market residential real estate sale in Newport Beach since 2009 with a publicly listed estate for $20 million. The four-bedroom, four-bathroom, one-partial-bathroom and approximately 6,788-square-foot home is located at 86 Linda Isle.

“Uber estate pricing and its values remain driven by prime locations, luxury living amenities and quality construction,” said Jamie Duran, president of Orange County, Desert communities, and San Diego Companies. “This estate is no different. The ultimate location on the point with extra-large dock and easy yacht access plus new construction and luxury amenities made it an extraordinary and trophy buy at the sales price.”

The home was designed by architect Carlton Graham and Gallo Builders. After purchasing the home in 2013, American Coastal Properties remodeled the home with an open floor plan that includes travertine and hardwood floors throughout. The home features an elevator, a formal dining room, an island kitchen, living room with a fireplace, courtyard with access to a dock for a 60-foot boat, and a heated pool and a spa.

Looking for a new luxury property to call home? Head to ColdwellBankerHomes.com.