A brand-new home in Laguna Seashore has traded palms for $43.5 million, making it Orange County’s priciest sale thus far this yr.
The staggering sum additionally makes it the most costly transaction ever within the prosperous enclave of Emerald Bay, and one of many priciest gross sales ever in Orange County. The present file was set final yr, when hedge fund supervisor Joseph Edelman spent $70 million on an 18,000-square-foot mega-mansion in Laguna Seashore’s Abalone Level.
This one’s a bit smaller at lower than 5,000 ft, which helped it break one other file. At $8,733 per sq. foot, it’s the best worth per sq. foot ever for a newly constructed house in Orange County.
A heat mixture of wooden and glass, the home was constructed on hypothesis — that means with no purchaser in thoughts — over the course of six years by David Wojtaszek, founding father of growth firm Divita Builders. He purchased the property for $8.45 million in 2017. Data present the client is a restricted legal responsibility firm based mostly in Las Vegas.
Although the place is comparatively small in comparison with its spec home contemporaries, Wojtaszek managed to squeeze in 5 bedrooms, 10 bogs and facilities resembling a fitness center, movie show, wine cellar and wellness middle full with a spa and sauna.
A four-stop elevator navigates the ground plan, ascending to areas marked by wooden ceilings, walnut panels and limestone flooring. Titanium granite touches up the kitchen, and pocketing partitions of glass open to decks and balconies perched above the seashore.
Tim Smith of Coldwell Banker Realty held the itemizing. Tad Baltzer of Triibe Actual Property represented the client.
The property first surfaced on the market at $49 million in Could and went below contract two months later.
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