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Thursday, Apr 18, 2024

‘Botched’ Star Pays $14M for Strand Estate

2nd-Row Sale Tops For Community in '22

A 9,005-square-foot home located in the second row of The Strand at Headlands in Dana Point has sold for $14 million to a high-profile Beverly Hills buyer.

Plastic surgeon Paul Nassif, co-star of the “Botched” television show, bought the six-bedroom, 10-bath home at 1 White Water Lane.

The deal is the latest for the Sanford Edward-developed luxury gated community that kicked off development in 2006. The neighborhood has enjoyed strong buyer attention along with other coastal OC markets in the wake of the pandemic.

The nearby Monarch Bay community has also captured that attention this year; the gated Dana Point community has seen three deals totaling nearly $66 million year-to-date.

Peace and Privacy

Nassif was represented by Karen Conley of Re/Max Coastal Homes; Tim Smith and Jeff Golden of Coldwell Banker Realty represented the undisclosed seller.
The French Provincial-style estate was built by Costa Mesa-based RDM General Contractors with interiors by Coronado Design Group and landscaping by Daniel Stewart.

The home was built in 2012 on a 0.3-acre lot, one of the largest homesites in The Strand, according to Smith.

“This prime ocean-view sanctuary truly embodies peace, calm and privacy,” Smith said.

Listings, Lots

The property is the second Strand home reported to have traded this year, trailing the $11.5 million sale of 31 Shoreline Drive.

The priciest home sale in The Strand occurred in February 2021, when 33 Strand Beach sold for $23.6 million. The front-row home spans 9,300 square feet with five bedrooms and eight baths.

The Strand counts four active listings, from $14 million to $22.5 million.

Monarch Bay, meanwhile, is home to the two priciest Dana Point sales in 2022.

In the larger deal, a 7,700-square-foot estate at 63 Monarch Bay sold for $33 million. The home finished construction this year and counts four bedrooms and six baths. In the other sale, the 10,900-square-foot 33 Monarch Bay traded for $20 million.

The $33 million sale is tops for all OC home sales in 2022.

The deals come about two years after residents of the gated, beachfront community paid $225 million to buy out the ground lease to their Monarch Bay homes.

There’s just one active listing in the 214-lot community: a nearly half-acre vacant lot at 177 Monarch Bay. It’s the only land offering available in Monarch Bay, according to marketing materials, and has a $12.9 million price tag. Kristina Dodge and Marcy Weinstein of Compass have the listing.

CdM Sale

Elsewhere in OC, an 11,165-square-foot Corona del Mar home sold earlier this month for $20.6 million.

The five-bedroom, 10-bath home is one of just four on the front row of Shorecliff Cove with stairs to the sand. The home was built in 2008 by architect Brion Jeannette.

Garrett Weston and Marc Silver of Compass represented the seller; Lin He of Residential Agent Inc. represented the buyer.

The sale is the priciest year-to-date in Corona del Mar.

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