DID YOU KNOW? The USA's most expensive residential property closed Thursday at 220 Central Park South for a mere $238 million, just shy of a quarter billion dollars. While some may decry this as capitalism run amok, let's not forget how the $6.7 million in transfer and mansion taxes alone will benefit all New Yorkers....not to mention enormous real estate taxes that will be collected every month....forever.
DID YOU KNOW? A recent Spectrem survey of U.S. investors with $25 million or more reveals:
Their average age dropped by 11 years since 2014, to 47. These rich Americans, whose ranks have more than doubled since the depths of the Great Recession, are younger than less wealthy millionaires.
The average age of those with at least a mere $1 million is 62, a number that hasn’t budged in years.
Investors under 38 attributed their success to “inheritance” and “family connections”. But the same proportion also said “hard work” and “running my own business” played a role.
About 70% of the richest investors said they’re still working.
Those 65+ hold more than a third of U.S. wealth.
About 172,000 U.S. households have net worths of at least $25 million, up from 84,000 in 2008.
Americans 75+ are the only age group whose median net worth rose from 2007 to 2016, according to the Federal Reserve Survey of Consumer of Finances released in July 2018.
91% of investors with $25 million or more keep assets in a trust.
Emerald Bay Market Update
Emerald Bay, 2018 proved to be a very strong year. We had 19 homes ranging from $23,000,000 - $3,370,750 in sales price with an overall average of 267 days on market. Please keep in mind that some of the larger sales priced homes take longer to sell and skew the days on market.
Click below to view the current active market activity for Emerald Bay.
Enjoy living in this exquisitely remodeled Emerald Bay home. Wonderfully appointed for entertaining with exceptional indoor/outdoor living as the patio is fully enclosed and private. This updated 5-bedroom, 3 bath, home is absolutely perfect. The spacious and thoughtfully modern kitchen seamlessly opens up to a dining room, great room and a family room. Additionally, there are 2 bedrooms with custom lofts-truly a dream for any child. Click here to view listing.
5 BD I 3 BA I 2,384 SQ.FT.
199 Emerald Bay
This spectacular Emerald Bay oceanfront residence features panoramic views of the ocean, sunsets, and crashing whitewater below from its dramatic cliff top setting. Occupying one of the largest parcels in Emerald Bay with nearly 100’ of ocean frontage, the residence is positioned to capture dazzling views from every major room. The unique topography of the lot gently descends toward the water’s edge, with spacious terraces and gardens as well as a private spa overlooking the cove. Click here to view listing...
5 BD I 7 BA | $17,950,000
Maura Short's 2018 Sales
211 Emerald Bay
2 Emerald Bay
113 Emerald Bay
117 Emerald Bay
830 Emerald Bay
62 Emerald Bay
725 Emerald Bay
3 Lochmoor, Big Canyon
308 Marine, Balboa Island - Commercial space
25022 Nellie Gail, Laguna Hills
Maura sold more homes in Emerald Bay than any other agent.
I would love your feedback....
I am sincerely grateful for my amazing clients. My business is referral based. If you have a moment, I would appreciate it if you would give me a 5 star review on Zillow. Please always consider me a resource for whatever you need.
95 Emerald Bay $9,100,000 52 Emerald Bay $8,500,000 43 Emerald Bay $4,500,000
216 Emerald Bay $4,300,000
Call me for details on my pocket listings
What differentiates me from other brokers
I Love What I do
Passion, Experience & Knowledge
I am passionate about Emerald Bay and my community of Laguna Beach. I understand intimately how the market evolves hill by hill and neighborhood by neighborhood. I love what I do and care profoundly about where I live.
Committed, Attentive & Focused
You can be assured how deeply committed I am to my clients. I am a communicator who defines our goals and then forges above and beyond to make sure our goals are met.
Strategy, Technology & All Types of Media
The world’s landscape is changing daily. Information is easily accessible. Between my 25 years of marketing experience, combined with intensive market analysis, the use of print and advertising, all forms of social medial, and of course the commercials keep the properties I represent front and center.
Photography, Presentation & Staging
First impression sets the tone of the listing. How the property is furnished and the feeling you have learning about the property and then arriving at the property is vital. I am hands on from conception to closing.
Compass is changing your real estate landscape. Two years ago I recognized the vision of this company and am proud to be a founding agent of Compass. Join me in changing the landscape of real estate.
Work With Maura
Maura Short is known for her strong work ethic, broad industry know-how, and passion for architecture, in addition to her extensive network, confidentiality, and moral code. Combined with her wide-ranging local expertise, all of these assets result in favorable outcomes for both buyers and sellers under her care.