Orange County Business Journal

Coastal Lux Home Sales Average 96% of Listing Price

Some Areas Even Higher— Cameo Shores at 98%

One thing appears to remain consistent in Orange County’s dynamic luxury market: Buyers are willing to pay top dollar for the expansive homes and unique estates prevalent in the communities along the coast.


Affordable Housing Access Inc. was the main sponsor of the Project Access 10th annual Keys to Success Gala: Start Small, Dream Big.

Honor Flight Gives WWII Vets Wings

Breitling, Other Business Backers, Help Fund Trips to Memorial in DC

A crowd of about 350 friends, relatives, and supporters holding signs and waving miniature American flags waited in anticipation as the plane taxied to the gate at LAX. A banner bearing the words, “Welcome Home, Heroes!” claimed center stage.

Feng Shui Principles Key Factors for Chinese Buyers

Younger Generation Proves More Flexible on Philosophy

An August study by the Asian Real Estate Association of America reveals that 86% of native-born Chinese and Chinese-American homebuyers say the ancient philosophy of feng shui will be a factor in the purchase of their next home.


Harvesters, which was founded in 1992 to raise awareness and funds for Second Harvest Food Bank of Orange County, hosted its 23rd annual Harvesters Fashion Show & Luncheon Runway Fundraiser on Oct. 7.

ZIP Codes With Most Active Luxury Home Listings

Laguna Beach Leads Pack With 63 Homes

Laguna Beach ZIP code 92651 was tops in the number of active $4 million-plus real estate listings in Orange County as of Oct. 15, with 63 listings, according to data from Web-based real estate database aggregators Redfin and Zillow.


More than 4,000 friends and supporters of California State University-Fullerton gathered on campus for the school’s annual Concert Under the Stars on Sept. 19.

‘Pocket’ Listings on Rise in OC’s Luxury Market

Non-MLS Sales Thrive in Hot Market, Afford Privacy

Real estate experts say “pocket listings”—private, off-market listings that don’t appear on the local Multiple Listing Service—are surging in the luxury market.


Big Brothers Big Sisters of Orange County held its 51st annual Gourmet Dinner on Sept. 17 at the Balboa Bay Resort in Newport Beach.

Achieve Like a Girl

3 High-Profile OC Execs Count Gold Award as Precursor to Bountiful Careers

There was a budding business mind behind the cherubic face selling cookies door-to-door.

Newport Beach Led Way on Luxury’s Summer Sizzle

50 Homes Sold; Priciest Goes For $17.5M

Summer sizzled in the Orange County luxury market, with 50 transactions above $4 million closing between June 15 and Sept. 15.


R.D. Olson Construction, based in Irvine, built its first Habitat for Humanity home on Aug. 28.

High-End Homes Here Hedge Against China Turmoil

Real Estate Experts Weigh In On Possible Local Effect

The Chinese stock market collapse began when the Shanghai Stock Exchange lost a third of its value between June 12 and July 27.


The Orange County School of the Arts in Santa Ana celebrated the grand opening of its 60,000-square-foot dance, music and science center on Aug. 16 with more than 600 Orange County community and business leaders.

Broken Dream Becomes Grander Reality in South OC

Casa Romantica Facility Is Community Resource

Casa Romantica Cultural Center and Gardens is nestled among the distinctive homes that line the curved streets of San Clemente.

Kids Get Gift of Music at Casa Romantica’s Academy

Free Program One of Batch Designed for the Young Set

Ten-year-old Dillon had a dream: to learn to play the guitar. At least that’s what he said in the application video he sent in to be considered for Casa Romantica’s free Music Festival and Academy.

Specialist Shares Projections for Remainder of 2015

Sales Expected Steady As Appreciation Continues

Luxury home sales in Orange County have been strong so far this year.


Free Wheelchair Mission’s 12th Annual Miracle of Mobility Gala raised over $1.6 million on July 23 to benefit people in need of mobility.

Highest Home Sale of Year Closes Escrow on Coast

27 Homes Over $20M Still Listed for Sale in OC

The highest residential sale in Orange County so far this year closed escrow in Laguna Beach.


Segerstrom Center for the Arts held its second annual Arts & Business Leadership Awards Dinner on June 25.

Summer Sizzles for Highest of the High-End Sales

Seven Sell on Coast For $10M+ During June, July

Six ultra-luxury homes and one property above $10 million sold in June and July: one in Laguna Beach for $14.2 million; two in Dana Point, for $13.5 million and $10.4 million; two in Newport Beach, for $12 million and $10.2 million; and one in Newport Coast for $16 million.

‘One Firm’ Approach Treats Colleagues Like Clients

Bryan Cave’s Irvine Office Cultivates Mutual Regard

Bryan Cave LLP’s Irvine office projects a sense of elegance mingled with calm.

Law Firm Staff Say Evidence Clear It’s Workplace a Gem

Bisnar Chase Cultivates Respect, Appreciation

A plot was brewing at the law office of Bisnar Chase in Newport Beach.

Builder Earns Employee Loyalty Through Relationships

New Home Co. Starts With Foundation of Camaraderie

Joan Marcus-Colvin’s life irrevocably changed on June 17, 2014, when her husband of 27 years, John, was struck by a car and killed while riding his bicycle near their Laguna Beach home while training for an Ironman Triathlon.


The Anaheim Ducks, SASCO Electric Inc., and the Honda Center were among the corporate sponsors of the 19th annual Stars & Stripes fishing, golfing and music tournament.

Luxury Homebuyers Want More Than Just Location

Seek More Amenities, Not To Mention Precious Views

Discerning homebuyers today are looking for more than “location, location, location,” say real estate professionals in Orange County who specialize in the ultra-luxury market.


More than 900 leaders from the Orange County legal community joined the Public Law Center for the Volunteers for Justice 2015 Annual Dinner at Hotel Irvine on June 22.

June Gloom Absent from Luxury Coastal Home Sales

14 $4M-Plus Sales Close In Month’s First 2 Weeks

June got off to an auspicious start with 14 luxury home sales over $4 million in the first two weeks of the month.


On May 30, 540 guests gathered at Orange County Great Park’s Palm Court Arts Complex in Irvine for the Susan G. Komen Orange County’s 9th Annual Pink Tie Ball.

Coastal Property Reimagined With Two-Home Buy

Renovation, Tear-Down To Create Dream Oasis

Many of Orange County’s most valuable properties are found on the coast, including Newport Beach, Corona del Mar and Laguna Beach.


Over 400 guests participated on May 16 in one of Pacific Symphony’s most successful galas to date, Celebrating Carl St. Clair’s 25 Years in Orange County.

Coastal Homes Get Close to List Prices in Recent Deals

Corona del Mar Sales Have Best Showing in 90 Days

A number of sales in Orange County’s coastal communities over the past 90 days nearly met the homes’ actual list prices, according to and Redfin data.

Luxury Buyers Seek Second Homes on OC’s Coast

Drawn Through Vacations, Easy Flight Paths to OC

The demand for second homes is rising all along Orange County’s coast, say some top area real estate specialists, driven principally by luxury buyers seeking an ideal second or even third home that also serves as a solid investment.

Feeding the Stem of Science

Innovative Nonprofit Effort Seeks to Inspire Middle Schoolers, Attracts Support of Like-Minded Firms

A group of eighth graders broke free from the classroom one afternoon last month, taking several plastic chairs with them.

Luxury Buyers Seek Second Homes on OC’s Coast

Drawn Through Vacations, Easy Flight Paths to OC

The demand for second homes is rising all along Orange County’s coast, say some top area real estate specialists, driven principally by luxury buyers seeking an ideal second or even third home that also serves as a solid investment.


Goodwill of Orange County announced on May 5 the largest single program-specific donation in its 90-year history: a $1 million gift from philanthropists Thomas T. and Elizabeth C. Tierney to support veterans.

Newport Beach Heats Up With April Luxury Transactions

Nine Sales, One Near $7M, Beat Newport Coast Deals

April showers bring … sales—at least in Newport Beach.


More than $1 million—that’s the net amount raised by the annual Court Appointed Special Advocates Celebration of Children Black & White Ball.

Cosmopolitan Calling Card

Segerstrom Center Cultural Keystone, More in Marketplace

Costa Mesa-based Rutan & Tucker LLP was just one of the law firms in several California markets recruiting Bill Meehan 10 years ago.

Luxury Homes Sales Blossom First 2 Weeks of April

Include Crystal Cove Home, Laguna Beach Landmark

Luxury home sales blossomed in the first two weeks of the month, with 11 above the $4 million mark between March 31 and April 15.


The Orange County chapter of JDRF, a global organization that provides funding for Type 1 diabetes research, hosted its annual Dream Gala “Join the Revolution” on March 28 at the Island Hotel in Newport Beach.

Newport Sets Sail for Ensenada

Annual Race Tests Mettle of Crews, Helps Kids in Baja

Len Bose has been a part of 29 editions of the Newport to Ensenada International Yacht Race, the next of which is set for this weekend.

Investors, Developers Drawn to Luxury Spec Homes

See Potential for Big Returns in Luxe Approach

Investors and developers are putting their time and resources into building luxury spec homes along the Southern California coast, from The Strand in Dana Point to the Balboa Peninsula and beyond.


The Illumination Foundation hosted its annual Table for 10 culinary extravaganza on March 15 at Disney’s Grand Californian Hotel & Spa in Anaheim.

Luxury Market Stats Reveal Extremes as Spring Starts

Biggest Home, Ultra-Luxe Properties, Slowest Sale

The springtime home-buying season is under way, and the Business Journal took stock of some interesting market facts that present challenges and opportunities for area luxury property real estate agencies:


City of Hope’s Inaugural “Let’s Be Frank About Cancer” Gala grossed more than $1.6 million.

February’s Top Sales Come in Newport Beach, Dana Point

Deals for Both Homes Above $11 Million

Two Orange County homes priced north of $11 million sold in February, one in Newport Beach and the other in Dana Point, with the latter fetching the full asking price.


The American Heart Association’s Orange County Go Red for Women Luncheon recently raised $435,000 to fund programs and research to fight cardiovascular diseases and stroke.

Location, Amenities Part of Luxury Home Pricing Mix

$20M Gets You Varying Degrees of OC Posh

What will $20 million get you in Orange County? There’s a three-bedroom, two-bath, 1,774-square-foot home on a third of an acre in Emerald Bay in Laguna Beach that has a list price of nearly that.


Top companies in Orange County have pledged their support to OneOC’s Center for Business and Community Partnerships.


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