SOLD
13,100,000.00USDto s*****i+ buyer's premium (655,000.00)
This item SOLD at 2011 Oct 18 @ 17:10UTC-07:00 : PDT/MST
Did you win this lot?
A full invoice should be emailed to the winner by the auctioneer within a day or two.
Neither Seller, Broker nor Auctioneer makes any representations or warranties as to the accuracy or completeness of any information contained online at the Auction website, in the Auction brochure or available at the Property (if any) or as otherwise made available by the Seller, Seller’s Broker or Auctioneer. All prospective Bidders are required and encouraged to conduct their own due diligence and investigate all matters relating to the Properties that they are interested in purchasing at the Auction. Online bidding is provided on an "as is, as available" basis. No warranties, expressed or...
DEMO LOT
AS THE PRIVATE FUNICULAR ARRIVES AT THE BOTTOM OF A LUSH , TROPICAL OASIS, COMPLETE WITH NATURAL WATERFALL MEANDERING ITS WAY TO THE SEA BELOW, YOU KNOW YOU'VE ARRIVED AT YOUR OWN SEASIDE PARADISE. BREATHTAKING OCEAN VISTAS CAPTIVATE AT EVERY TURN IN THIS TIMELESS CUSTOM ESTATE, WHICH BLENDS CLASSIC STYLE, WITH TODAYS MOST DESIRED AMENITIES. LOFTY BEAMED CEILINGS CROWN SPACIOUS LIVING AREAS THAT INCLUDE 5 BEDROOMS, 3 BATHS, A GREAT ROOM, FORMAL DINING ROOM, AND CHEFS CALIBER KITCHEN FEATURING STATE OF THE ART APPLIANCES. IF THE VIEWS AREN'T CLOSE ENOUGH TO THE OCEAN, SIMPLY WALK DOWN TO YOUR PRIVATE 900 SQUARE FOOT DECK WITH HOT WATER AND POWER RIGHT ON THE SAND. EVERY HAND CRAFTED DETAIL IS IMPRESSIVE, FROM A SPIRAL STAIRCASE, AND CUSTOM TILE TO ARCHED WINDOWS AND DOORWAYS. THOUGH IT FEELS AS IF IS WORLDS AWAY, THE LUXURIOUS MEDITERRANEAN-INSPIRED VILLA IS REMARKABLY CLOSE TO ALL OF LAGUNA BEACHES POPULAR DESTINATIONS.
Auction Location:
620 Newport Center Drive, Suite 1100, Newport Beach, California, 92660, United States
Winning Bidders shall be required to pay closing costs, including, but not limited to, escrow/closing fees, recording fees, prorations, lender’s title insurance premium and fees, loan fees, document preparation fees, documentary transfer taxes (or other taxes), and if applicable for the Property, Homeowner’s Association fees, Condominium Association or other Association fees. Winning Bidder also may be required to pay additional fees and costs as provided in the Purchase Agreement
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
5% |
Additional Fees:
Shipping Details:
Closing. All transactions are expected to close with the Escrow/Closing Agent NO LATER THAN forty-five (45) days after the date of the Auction for all transactions unless extended (see Extensions below), unless otherwise specifically designated in the description of an individual Property and/or as otherwise may be set forth in the Purchase Agreement for the closing date or any addenda thereto. Winning Bidders shall be required to pay closing costs, including, but not limited to, escrow/closing fees, recording fees, prorations, lender’s title insurance premium and fees, loan fees, document preparation fees, documentary transfer taxes (or other taxes), and if applicable for the Property, Homeowner’s Association fees, Condominium Association or other Association fees. Winning Bidder also may be required to pay additional fees and costs as provided in the Purchase Agreement.
Payment Details:
Financing Available Yes
Financing available through MetLife and Prime Lending.
Financing may be made available for the Auction, subject to credit approval, satisfaction of the lender’s requirements and execution of all documentation acceptable to Seller and the lender. The Auction lender(s) may not provide financing on all Properties. Potential financing information will be made available online at www.Mluxexchange.com. It is highly recommended that you pre-qualify to expedite the closing process. NO financing contingency shall be applicable to any Properties in the auction. Bidders are advised to review the Purchase Agreement for specific terms and conditions regarding financing and Winning Bidder’s default. Other loan fees may apply. Availability of loan programs on selected Properties may be limited and may require a greater down payment. Sellers will not provide any concessions for VA, FHA, Bond assisted, City assisted, First Time Buyer or other special financing programs. We encourage you to contact the Auction lender(s) for pre-qualification procedures and/or current rates or fees. Nothing herein shall be construed as a commitment to lend to any Winning Bidder by the Auction lender(s). Auctioneer does not provide lending or financial services.
Auctioneer reserves the right to have Winning Bidders who intend to use cash to complete their purchase to provide proof of sufficient funds to cover the entire transaction (i.e. bank statement and/or investment statement for stocks/bonds).
See Terms and Disclosures Attachment Posted on MLuxexchange.com