Explainer: Closing costs: Recently sold megahomes

  • Image: Laguna home

    Summer is still in full swing and the homes in this edition of Closing Costs — some of the most pricey homes sold on Realtor.com in the last two weeks — let you enjoy every second of it. Located next to the beautiful beaches of Orange County, Calif., these properties offer dramatic design, private patios and unobstructed views. Ranging from $4 million to $6.5 million with up to 5,000 square feet, these homes are great for any season.

  • Laguna Beach, Calif., $4,100,000

    Image: Laguna home

    Vitals: Sold Aug. 13, 3,637 square feet; 3 beds, 3 baths; built in 1998; .30 acre lot

    Realtor remarks: Villa villagio! This landmark estate is the personal home of renowned Laguna Beach architect John O’Neill and no home enjoys finer views of the North Laguna coastline and Catalina Island. At the end of a private driveway lies this private, gated old world estate of unsurpassed quality, sophistication and privacy. No expense has been spared in creating this masterpiece featuring Italian doors and windows crafted by Albertini, the extensive use of limestone quarried in Texas, 150-year old French terra cotta flooring, hand hewn ceiling beams, distressed oak flooring, and wrought iron architectural lighting and railings. The expansive garden areas include mature trees and were designed for both private enjoyment and hosting large gatherings. The gourmet kitchen, luxurious master suite, dramatic living room, formal library/dining room, guest suite, functional home office, and exercise studio are all finished to absolute perfection.

    View the listing here.

  • Corona del Mar, Calif., $4,340,000

    Image: Corona del Mar home

    Vitals: Sold Aug. 13; 2,617; square feet; 4 beds, 5 baths; built in 1977; .12 acre lot.

    Realtor remarks: The property is an exceptional opportunity to own along one of coastal Orange County’s most famed stretches: Corona Del Mar’s Ocean Boulevard. Panoramic ocean views stretch from big Corona State Beach, south and north along the coast, terminating with sunset views above Catalina Island. Recently renovated, and decorated with an east coast beach style. The main house includes 3 bedrooms, 3.5 baths with breathtaking views from the oversized front patio, and private rear patio. The guest house with kitchenette sits above the detached 2-car garage. The elevated parcel, of approximately 5,100 square feet, has no view obstructions and is walking distance to the amenities the area affords.

    View the listing here.

  • Corona del Mar, Calif., $5,000,000

    Image: Corona del Mar home

    Vitals: Sold Aug. 11; 4,300 square feet; 3 beds, 4 baths; built in 2000; .32 acre lot.

    Realtor remarks: Beautiful single-level home that was newly constructed ten years ago. Still, this home looks and feels as if it were built yesterday. Timeless design and clean lines add to the easy living floor plan. Built by Robert McCarthy, this home is of the finest materials and built to last a lifetime. Because of the larger than average lot size, many features cannot be duplicated, such as the view side pool, spa and expansive loggia. The outdoor fireplace and manicured gardens allow you to enjoy the outdoors year-round.

    View the listing here.

  • Corona del Mar, Calif., $6,500,000

    Image: Corona del Mar home

    Vitals: Sold Aug 10; 5,000 square feet; 7 beds, 4 baths; built in 1952.

    Realtor Remarks: One of the best waterfront locations along the Gold Coast. Build your dream home on this fabulous site which is comprised of two adjacent lots with over 63 feet of bay frontage. Ideally situated between two sandy beaches in the secluded enclave of China Cove, this unique property features a magnificent south-western orientation & offers spectacular unobstructed views of the Newport Harbor entrance, Catalina Island, jetty, and Pacific sunsets. Don't miss this rare opportunity to build a new 5000+ sq ft custom residence or develop two single-family homes.

    View the listing here.

Video: Controlling Closing Costs


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