Newport Beach, CA, April 15, 2014 --(PR.com
)-- A high-profile buyer recently chose John McMonigle of Berkshire Hathaway HomeServices California Properties to assist in the purchase of El Rancho del Rio, a unique equestrian compound with a vineyard and ocean views. Prior to the live auction for the property in March, it received 42 showings.
In the end, 10 qualified bidders competed in the auction for the estate, which features a fully stocked lake, a helipad and a trove of equestrian amenities, including five paddocks, two barns and a total of 24 stalls. It is located only minutes away from Laguna Beach and Newport Beach.
“I was very excited and pleased to be a part of this auction,” stated McMonigle. “El Rancho del Rio is a prized piece of real estate—one of the last frontiers along the California Riviera.”
Surrounded by lush rolling hills, El Rancho del Rio is a secluded equestrian paradise that offers total privacy on the valley floor. A mission-style tower in the middle of the property is complemented by a guest house and three separate guest casitas. The beautiful primary hacienda features a commercial grade kitchen, an expansive entertainment wing, four bedrooms, four full baths and two half-bathrooms.
Scott MacDonald, manager of the Newport Beach office and vice president of the brokerage’s Orange County region, noted that, “When considering a purchase of this magnitude you want to have a highly skilled agent with a great deal of finesse on your team. This is especially vital in an auction, where it’s critical to think on your feet. With his complex knowledge of the luxury market and experience in real estate, John is uniquely qualified to handle this type of situation.”
John McMonigle is the founder and principal agent for The McMonigle Team, one of the world’s top-selling luxury real estate teams. Based in Orange County, California, the McMonigle Team specializes in the most exclusive enclaves within coastal Orange County.
John McMonigle can be contacted through Berkshire Hathaway HomeServices California Properties, at 949-734-6200, or via email at email@example.com.
About Berkshire Hathaway HomeServices California Properties
With more than 3,200 sales associates located in 62 offices across Southern California and the Central Coast, Berkshire Hathaway HomeServices California Properties is one of the top five brokerages in the nation. In 2013, agents of the firm closed $12 billion in sales volume and more than 14,000 transactions.
Berkshire Hathaway HomeServices California Properties is a member of the Berkshire Hathaway HomeServices real estate brokerage network, which is owned and operated by HSF Affiliates LLC, a joint venture of which HomeServices of America, Inc., the nation’s second-largest, full-service residential brokerage firm is a majority owner. HomeServices of America is an affiliate of world-renowned Berkshire Hathaway Inc.