Thursday, June 20, 2013

$41.5 MILLION BEACH FRONT ASSIGNMENT AWARDED TO ROB GIEM OF HÔM SOTHEBY’S INTERNATIONAL REALTY

The Irvine Cove Property (2495 Riviera Drive, Laguna Beach) Will Be Presented in a
Sealed Bid Offering on Thursday, June 27

Newport Beach, CA –  Now available, 2495 Riviera Drive, Laguna Beach is one of only five homes that opens directly onto the sands of Irvine Cove, a sought after stretch of Southern California coastline in a gated private community.  Unique property specialists Rob Giem and Tad Baltzer, top producing  agents at HÔM Sotheby’s International Realty, a luxury residential brokerage firm representing fine properties across Southern California, will be presenting the property in a sealed bid.   The list price for the property is $41.5 million and the minimum bid is $28.8 million, which is also the published reserve.

Bids are due before 5:00 pm on Thursday, June 27 to Rob Giem (949.933.7046) at rob.giem@homgroup.com or Tad Baltzer (949.554.4140) at tbaltzer@homgroup.com.

“The property is spectacular,” says Rob Giem. “The local market for luxury property has improved significantly in this calendar year. This sealed bid offering is a compelling opportunity to acquire an exceptional, newly completed seaside residence.” To view photos and video of the desirable beach front property, as well as get additional information on 2495 Riviera Drive: http://www.lagunabeach-oceanfront.com

About 2495 Riviera Drive, Laguna Beach:
Featuring 115 linear feet on the beach, the approximately 7,200 square foot residence includes five bedrooms and nine baths. Completed in 2012, this striking residence perfectly embodies the promise of such an extraordinary oceanfront parcel.  The defining elements of California design – walls of glass, generously scaled rooms, a central courtyard, an informal plan, and correlated indoor/outdoor living – have been successfully incorporated into the design.

Clad in mahogany, bronze, limestone and glass, the substance of the structure is undeniable. Seamless transitions between interiors and exteriors evidence the transparent design complements this one-of-a-kind oceanfront setting. Offered well below the cost, this is an exceptional opportunity which will not come again. 

About Rob Giem:
Rob Giem has been representing clients in the sale and acquisition of fine coastal homes for over two decades. Clients appreciate his knowledge of the market, strategic marketing plans as well as his ability to negotiate favorable outcomes. His dedication has created lasting relationships with extraordinary trust. Rob has been involved in several record-setting transactions including the sales of the most expensive residence in the county, as well as the most expensive off-water and bay front residences. He has closed other record transactions in Newport Beach, Newport Coast, Laguna Beach and Shady Canyon. Recently, Rob was ranked by the Wall Street Journal and Realtrends as the 20th highest producing agent in the United States. Rob also serves as the Managing Director of HOM Sotheby’s International Realty. 

ABOUT HÔM SOTHEBY’S INTERNATIONAL REALTY

HÔM Sotheby’s International Realty is a luxury residential brokerage firm representing fine properties across southern California. With offices in Newport Beach, Laguna Beach, Balboa Island, Palm Springs, La Quinta, Rancho Mirage and Desert Falls, the Corporate Office is located at 1200 Newport Center Drive, Suite 100, Newport Beach, California 92660  949.554.1200  newport@homgroup.com www.homgroup.com