A moving van was already headed to pick up Western National Group Chief Executive Michael Hayde and his wife and Western National Property Management President Laura Khouri before they sold their former home a few doors down.
The couple listed their home at 3 Harbor Island in Newport Beach last month for $18 million but also recently closed on a nearby property. They dropped $25 million on the new pad, $2.5 million under its $27.5 million asking price, according to property records.
The 8,428-square-foot oceanfront property has five bedrooms, each with a full bath and walk-in closet; five bathrooms; and two office suites.
It was built in 2005 and has a large chef’s kitchen with views of the harbor, according to listing details. There’s also a private dock that can accommodate up to a 120-foot yacht. Hayde and Khouri may not have an outdoor swimming pool like they did at their previous home, but their new one offers a large stone patio and grassy lawn.
The seller is linked to a trust under John McMahon, who purchased the home in 1997 for $3.9 million.
Robert Taylor of Surterre Properties represented the seller. The buyer was represented by Katie Machoskie of Compass.
Slice of Europe
Anders Eisner, the son of former Walt Disney Co. Chief Executive Michael Eisner, is laying down roots in Crystal Cove.
He and his wife, Terena, purchased a European-inspired home inside the guard-gated Newport Beach community for $11.5 million, according to property records.
The 7,837-square-foot residence has five bedrooms, five bathrooms, a formal living room, a dining room and a large kitchen featuring two butler pantries and a breakfast room. Other highlights include an elevator, library, fitness room and master wing with its own fireplace and dual dressing rooms. The backyard offers ocean views, a covered loggia, fireplace and swimming pool and spa.
The property last traded hands in 2008 for $9 million.
Eisner is co-founder and owner of vitamin drink company Activate, which launched in 2008. He became sole owner of Rising Beverage Co., which markets the brand, after acquiring all of its financial interests in 2014 from India-based conglomerate Tata Group.
Eisner is also the co-founder of Irvine-based startup Good Culture, maker of cottage cheese.
Eisner and his wife sold a Spanish-inspired property in the Little Holmby neighborhood of Los Angeles in June for $12.9 million—setting a record for the highest sale price of a single-family home in the area. It originally listed for $24.5 million in April of last year, but its last asking price was $13.9 million after several price chops.
Rex McKown and Marcy Weinstein of Surterre Properties held the listing. John Cain of HOM Sotheby’s International Realty represented the buyer.
The Strand
A modern oceanfront estate in the exclusive Strand community of Dana Point sold to a trust linked to Joseph Purcell and his wife, Sloan. Joseph is founder and chief executive of Irvine-based Global Cash Card, and Sloan is its managing director.
The entity purchased the Mediterranean-style home for $19.6 million, according to property records. It hit the market last year with an asking price of $22.8 million.
The 8,823-square-foot, three-story residence has six bedrooms and seven bathrooms. The top-level master suite has his-and-her walk-in closets, a fireplace and balcony. There’s a separate area for entertaining, as well as four bedrooms.
The newly built home has a chef’s kitchen, library, theater, family room with wet bar and wine wall, as well as an infinity edge pool with spa, beach shower and built-in barbecue.
It also boasts a six-car garage of about 1,369 square feet, according to listing details.
Joseph founded Global Cash Card in 2002. The company is a provider of digital payment solutions, including pay cards and other electronic accounts. It was acquired in October by ADP for an undisclosed sum.
John McMonigle and Deborah Robinson of McMonigle Group Corp. had the listing. Danielle Wilson of Pacific Sotheby’s International Realty represented the buyer.
