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Agent Sells Childhood Home Above Asking Price

Katie Werner Dickerson, an agent for Newport Beach-based Hom Sotheby’s International Realty, recently sold her childhood home on Peninsula Point in Newport Beach for $8 million.

The corner-lot, oceanfront home was listed mid-November for $7.9 million, closing for more than the asking price.

The home—at 1500 E. Ocean Front—sold within three months.

The escrow fell through for the first buyers, Dickerson said. New buyers came in and made a cash offer in a seven-day escrow.

“I was really lucky,” Dickerson said.

Dickerson represented her parents, who owned the home but didn’t live in it.

Alison Eastman was her partner on the sale.

Natalie Vizir and Steve Mino of Coldwell Banker Beachside Realtors represented the buyer.

The buyer’s agent sent the buyer an online link to the home as soon as it went on the market, Dickerson said.

The buyer visited and made an offer right away.

The home has a detached one-bedroom, one-bath guest home, which includes three-car garage and a view.

The Peninsula Point neighborhood is adjacent the Wedge, a thrill-seekers surf break known for huge waves.

Corona del Mar-based designer Scott Van Dyke staged the home.

“Most people can’t visualize homes unless they’re furnished,” Dickerson said. The sale didn’t include the furniture.

The out-of-state buyers bought the home through a limited liability corporation. It is an additional home for them.

Dickerson grew up in the home, which was built in 1924. Her parents moved there around 1985, when she was 5-years-old.

“It’s a great place to grow up,” she recalled. “It was nice to come home from school and run around on the beach.”

Remodeled Twice

Her parents remodeled the home when they first moved in and once again about a year ago. They kept the original floor plan intact.

Halfway through the second remodel, her parents moved into a bayfront home on Lido Isle, which had a dock for their boats.

“I live on Lido too,” Dickerson said. “They actually live four blocks from me now. I see them every day.”

Speaking of Lido Isle, architect Robert Hidey and his wife recently moved from San Juan Capistrano into a home that he remodeled on Lido.

The Newport Beach home takes on many of the design characteristics of the homes he’s known for, such as the Spanish Colonial-style homes he designed in Crystal Cove’s Watermark enclave.

Hidey designs courtyard homes, which have rooms that wrap around a courtyard. The covered exterior spaces are a nod to Southern California weather, while the interior space has open floor plans—a kitchen that merges with the dining room, for example.

The Lido home is not his dream house, though.

“It serves our purposes exceptionally well,” Hidey said. “I’m going to keep dreaming.”

Hidey, owner of Irvine-based Robert Hidey Architects, has been designing homes in Southern California for decades.

He started out in commercial architecture and gradually moved into residential architecture, beginning with a custom home he did for a friend.

The former Taylor Woodrow—now Scottsdale, Ariz.-based Taylor Morrison Inc.—was one of his first clients.

Inspired by the Spanish-style homes built in the 1920s and ’30s in Palos Verdes Estates, where he grew up, Hidey figured he could design homes that were stylish and better suited to take advantage of the Southern California weather and lifestyle.

Since then his company has designed a number of luxury homes for individuals and builders.

Lambert Architect

Hidey designed the Lambert Ranch homes in Irvine, which target middle-income and luxury homebuyers. Many of the floor plans include private living spaces that separate a family member or a guest from the main house, such as a detached private living quarters.

“We’re finding a high demand for luxury housing that will serve the needs for multi-generational families,” Hidey said. “We find that everywhere in the world.”

The main difference between luxury homes and other homes is square footage, which means extra rooms, such as a second kitchen for catering.

“We’ve done houses for individuals where there’s a place to wash your dog,” Hidey said.

Today luxury homes are being scaled down a bit, he added.

“People are being more conscientious about space and how they’re investing in their home,” Hidey said. “They’re making more practical decisions.”

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