Real Estate Wars In Newport Beach

Posted by Jim Knoska on Wednesday, October 18th, 2017 at 2:44pm.

The newly released Bravo TV show "Real Estate Wars" features two teams that compete for business in the Orange County area of Southern California. The two teams are lead by John McMonigle and Jo Jo Watson in which they often fiercely go after the same seller who wants to sell a home here by the beach.  One of the properties featured was a luxury Newport Beach home located directly on the sand in the Balboa Peninsula area.  This appeared in Season 1, episode 2 where Jo Jo's Team member Kylie Mccullough secures an ocean front beach home and lists it for $10,800,000.  The agreement of the listing was based on Kylie finding two side by side properties on the beach as the replacement property.  The home officially went on the market last summer on July 18th, 2016 and did not sell after being on the market for a total of 181 days with no price reductions.  The listing expired as of January 16th of this year and has sense not come back on the market.

The home was originally built brand new in 2015 by Pridemark Contractors and then designed by interior designer Karen Buterra.  One of the unique features of this home is that it featured a lower level living space which is often referred to as the "basement" level in other parts of the country with a full bedroom, bath and game room.  On the ground level was a luxury modern kitchen with top of the line stainless steel appliances accented by Italian cabinetry.  The home was built in a way that many of the rooms offer some kind of a view including the luxury Master suite that featured it's own custom fireplace and large pictured windows to take in the great ocean views which is pictured below.  It's unclear if this property will come back on the market or not, especially since it's been off the market for 10 months now.  The show has done a great job of showcasing the city of Newport Beach with it's available beach front and bay front properties.  Another Newport Beach property was featured in Episode 2 where John McMongile bought a fixer upper bay front home located on Lido Island for $4,900,000 and then turned it around and sold it for a $500,000 profit.

Balboa Peninsula Newport Beach Home

Balboa Peninsula Newport Beach Home

Balboa Peninsula Newport Beach Home

Balboa Peninsula Newport Beach Home

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