Oceanfront, Cliffside Estate – Corona Del Mar, CA
A homeowner created a very unique and custom Estate at almost 11,000 square feet and 8 bedrooms. The Estate was on the market for nearly one year prior to the Owner requesting an Auction to create a compelling sense of urgency and get the property sold.
Premiere Estates Auction Company implemented its Worldbid auction platform. Prior to Premiere’s Worldbid auction platform, the listing price on the estate was $13.5M and there was not a buyer in sight. The six-week accelerated Marketing Program was implemented, and resulted quickly in an all-cash Buyer.
The Estate was sold for $9 Million.