8 Mystique, Newport Coast 92657

8 Mystique, Newport Coast, CA 92657 (MLS # NP16050412)

(all data current as of 8/17/2017)
Price $35,000,000
Beds 8
Baths 0 baths
Home size 18,650 sq ft
Lot Size 36,590 sqft
Days on Market 287
Status Sold
Gracing two premier lots in Crystal Cove, 8 Mystique is the finest property ever publicly offered in Newport Coast. Encompassing approximately 18,600 square feet of living space and nearly 37,000 square feet of resort-quality grounds, this estate offers an unprecedented level of luxury living with every amenity imaginable. Included in a long list of awe-inspiring features are: Ocean views from every major room above ground, on-grade & subterranean garages for 10 cars, gym with shower and steam room, a 16-seat theater, a dedicated sports pub area, a refrigerated wine room with storage for 1,200 bottles, and a commercial style elevator. Aside from the infinite array of creature comforts, 8 Mystique exudes elegance exquisitely exhibited in the artistry of every surface, of every room, many of which are appointed with reclaimed antique fireplaces. There is much to explore and admire in this flawless estate; you will discover what luxury living in Southern California truly means.

Property Type(s): Single Family

Last Updated 12/22/2016 Tract Crystal Cove Estate Collection
Year Built 2009 Community CR - Crystal Cove
Garage Spaces n/a County Orange
Total Parking n/a

Additional Details

Lot 0.84 Area CR - Crystal Cove
HOA Dues 1806 | Monthly Parking Spaces: 8.00
Pool Description In Ground,Private Subdivision Crystal Cove Estate Collection
Utilities Sewer Available View Description Catalina,City Lights,Coastline,Harbor,Ocean
Water Public

Features

Air Central, Zoned
Air Conditioning Yes
Fireplace Yes
Interior 2 Staircases, Elevator
LotDescription Lot 20000-39999 Sqft
Pool Yes
View Yes

Location

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Listing provided by : Rex McKown, Surterre Properties Inc.

(view all details for MLS #NP16050412)

8 Mystique offers an unprecedented level of luxury living in Southern California. Perched upon the hills of Newport Coast, the flawless estate at 8 Mystique surrounds itself with a sprawling backyard and panoramic ocean views.

The eight-bedroom, ten-and-a-half bathroom home sits on 18,650 square feet of living space with a nearly 37,000 square feet of additional resort-quality grounds.

The property boasts every amenity imaginable including a gym with shower and steam room, a subterranean 10-car garage, a 16-seat theater, a 1,200-bottle refrigerated wine room, and a dedicated sports bar.

Additionally, it is equipped with a detached guest quarters and a separate formal dining room for children. Aside from the infinite array of features, 8 Mystique exudes elegance exquisitely exhibited in the artistry of every surface and of every room.

Below is a Core-Logic recap of our current Orange County Real Estate Marketplace for the 22 days ending 8/19/2016 versus one year ago.

Home Prices

  • Resale Homes +3.4%, Resale Condos +5.1% and New Home Sales -6.2%
  • All totaled, OC home values are up 4.2% versus last year
  • Median OC home price is $641,000 up from $615,000 a year ago
  • $1,000,000 plus homes represent 36.6% of all OC listings

 

Sales Volume

  • Resale Homes -.5%, Resale Condos -4.1% and New Home Sales -34.9
  • All totaled, OC sales volume is -4.8% versus last year
  • Home sales volume is 3,381 down versus 3,553 one year ago
  • Inventory is at 7,267 down from 7,317 just one month ago

                                                                                                                             

Interest Rates

  • 30-year fixed Mortgage rate is currently 3.44%, down versus one week ago
  • 15-year fixed rate is 2.76%, down versus one week ago
  • Average Home Payment is $2,904.35 up from $2,874.69 a year ago
  • ARM’s represent 12.7% of all mortgages, down from 14.9% versus last year

 

Facts

  • OC homes are moving faster than last year, 75 DOM versus 78
  • OC pending sales in escrow are up 4% versus last year
  • OC home prices are up 4.2% versus last year
  • In the priciest 27 OC zip codes, pricing is up 18.2%
  • In the 9 medium OC zip codes over $1m, sales are up 21%
  • 23.9% of all OC homes sales were cash purchases
  • Ventura County median price is $550,000
  • Los Angeles County median price is $530,000
  • San Diego County median price is $495,000
  • Riverside County median price is $332,000
  • San Bernardino County median price is $285,000

 

Forecast

  • Look for a seasonal slowdown in sales as we head into Q4 2016
  • Chapman University predicts a 2.5% price increase in 2016
  • Fullerton University predicts a 4-6% price increase in 2016
  • Agents Forecast demand to be greatest in the $600-$800k price range

 

Trends

  • Busiest first half start in OC home sales since 2006
  • Prices are up in most cities and zip codes
  • More jobs (45,500) in OC than last year = more home sales
  • Home ownership nationwide at 63.7%, up slightly VLY (peak was 69.2 in 2004)
  • First time homebuyers are now 30% nationwide

Source; OC Register, 9/11/2016.

October  26 -Surf City 10 Miler 10K 5KOctober 26 | Surf City 10 Miler/10K/5K
This classic 10 miler is the perfect training run for your fall or winter marathon. The spectacular 10K is long enough to challenge your endurance yet is the perfect distance for achieving a personal record. The flat fast course along California’s famous Pacific Coast Highway is perfect for a leisurely 5K jog.
Time: 6:00 am
Location: 21100 Pacific Coast Highway, Huntington Beach
For more information visit www.surfcity10.com

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2014 Wings, Wheels and Rotors ExpoOctober 26 | Wings, Wheels and Rotors Expo
This event includes a great mix of civilian and military helicopters and aircrafts, plus a custom car show featuring classics, muscle cars and more than 300 varieties. There will also be a vendor fair with more than 100 exhibitors selling food and car or aircraft related items. This family event has games, a kid’s corner and live entertainment.
Time: 9:00 am – 4:00 pm
Location: Joint Forces Training Base, Los Alamitos
For more information visit www.wwrexpo.net

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2014 Annual Historical Cemetery TourOctober 25 | Annual Historical Cemetery Tour
This guided historical walking tour features costumed actors portraying colorful men and women who share stories from Orange County’s past. Docents will guide visitors through scenes that played important roles in the history of the county, culminating in a presentation in Fairhaven’s beautiful 1916 mausoleum. Comfortable shoes are recommended for the hour-and-a-half long walking tour.
Time: 10:00 – 3:00
Location: Fairhaven Memorial Park, 1702 Fairhaven Ave, Santa Ana
For more information visit www.santaanahistory.com/CemeteryTour.html

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Oct
01

2014 RagFest

October 18 – 19 | RagFest
RagFest is the only annual festival of Ragtime music in Southern California. Soloists, duets, combos, orchestras, vocalists and more will be performing vintage and contemporary ragtime music.
Time: 12:00 – 6:00
Location: 138 W. Commonwealth Ave., Fullerton
For more information visit www.ragfest.com

2014 RagFest

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Memory WalkOctober 18 | Memory Walk
This Memory Walk is part of a national movement to help those battling Alzheimer’s and related memory loss disorders. There are 2 or 4 mile walk options. This walk is wheelchair and dog friendly. There will also be a food concession and kid’s zone.
Time: 7:30 am
Location: The District at Tustin, 2437 Park Ave., Tustin
For more information visit act.alz.org/site/TR?fr_id=5670&pg=entry

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October  17 – 19 - Silverado DaysOctober 17 – 19 | Silverado Days
Held each October, this community festival includes games, crafts, contests, rides, food and fun for the whole family. Featured contests include a car show, World Amateur Arm Wrestling Championship, an amateur horseshoe contest, a pie-eating contest, hog calling, dog show, chili cook-off and so much more!
Time: Refer to website for specific schedule.
Location: William Peak Park, 7225 El Dorado Dr., Silverado
For more information visit www.silveradodays.com

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October 12 – 19 | Plein Air Painting Invitational
The Laguna Beach Plein Air Painting Invitational will be held in Laguna Beach, a famous seaside community and historic artist colony. Plein air landscape painters will compete for prestigious prizes and participate for the week of events including public paint outs and artist meet and greets.
Time: Refer to website for specific times.
Location: The Ranch at Laguna Beach, 31106 Pacific Coast Hwy., Laguna Beach
For more information visit www.lagunapleinair.org

Plein Air Painting Invitational

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