REAl ESTATE guidE Serv ing Laguna Beach & Newport Beach Communities mArCh 11, 2011 | VOL. 1, ISSUE 18 CoASTAl ”After going back to New mexico at age 23 to play football and graduating with a degree in business, it was real estate – believe it or not – that provided the perfect compromise between rush and reality.” Q. How did Tresor Properties come to be? Why did you found it? a. We saw an opportunity to leverage our building capability with real estate sales. We are approached by clients at the beginning of their decision making process of whether they should build or sell, and it just made sense since we handle both. Also, given the exposure we receive on the homes we build we accumulate a significant amount of buyers. Overall, the combination of building and selling is extremely synergistic. From Navy SEAl to Coldwell Banker Sales Associate DAVID mASON DIVES rIGhT IN one-on-one with Jeff Fischbeck VICE PrESIDENT Of SALES AND INVESTmENTS fOr TrESOr PrOPErTIES By Shaan Hassan He was dead. Had to be. Over 10 times, he recalls. In the dead of night, he dives under a four-story Navy vessel to perform a classified operation. “That’s all I can mention about that,” he says in secrecy. He’s now 40 feet deep. Knowing it is customary practice to make sure the intake valve is always turned off on a Navy ship, he quickly realizes that someone had mistakenly left it partially open. In the blink of an eye, his body is sucked up as his face slams against the gate at the bottom of the ship like a bug splattered against a car windshield. His regulator rips through the gate and is lost. So too is CONTINUED ON PAGE 6 Q. What is Tresor Properties’ guiding philosophy? A. Lifetime service to our clients. One of our clients sent us the translation… “ ” Q. What is Tresor’s “sweet spot” in terms of deals or projects? A. Given our building expertise, our “sweet spot“ is representing buyers and sellers who can take advantage of our design, construction and marketing expertise in any given transaction. CONTINUED ON PAGE 6 featured home Single Story Masterpiece with Breathtaking Ocean and Sunset Views Cameo Shores Contemporary Estate is a Testament to True Architectural Flair LOCATION: 4527 Fairfield Drive in Cameo Shores, Corona del Mar OFFER: Price available upon request. AGENTS: Cathy L. Kroopf and Staci Dancey CONTACT: Cathy L. Kroopf at 949.939.2405 or firstname.lastname@example.org and Staci Dancey at 949.400.5826 or email@example.com WEb SITE: www.4527 FairfieldDr.com Designed by architect and owner M.J. Knitter, and expertly handcrafted by John Gray of Kinsale Custom Homes, this ex-traordinary, soft contemporary estate has been appointed with the highest quality materials available. Located in Cameo Shores, the home is sited on an approximately 10,950-square-foot lot that provides stunning Catalina Island, Pacific Ocean and sunset views. A testament to true architectural flair, no expense was spared in creating this masterpiece. Offering approximately 5,030 square feet of luxurious living space -all on one level -the home includes five bedrooms, 5 1/2 baths, and a sumptuous master suite with a fireplace that opens to a large view patio with an outdoor firepit and endless ocean vistas. The master bath features spacious his and hers walk-in closets, dual vanities, large tub and a separate shower enclosure. The gourmet chef ’s kitchen has a large center island with chiseled granite edges. Adjacent is a combination family room and media center. The 9’ x 24’ sliding glass pocket doors allow for seamless indoor/outdoor living. Additional ame-nities include a subterranean garage that accommodates 7+ cars, and is accessed by an elevator or staircase, full-home monitored security system and a tankless hot water circulation system. BeaCh haVeNs NEIGhBOrhOOD SPOTLIGhT Views: Spectacular white-water and ocean views and a secluded private beach. Style of Homes: Although the home styles are eclectic and varied, most of the 500 homes are the traditional beach cottage Cape-Cod style. There is an intentional avoidance of “McMansion” homes. History: The Three Arch Bay community started at the turn of the 20th century as a week-end and vacation destination. Original ocean front lots sold for $500. The community has evolved into full-time primary residences for close-knit families as well as businessmen, artists, CONTINUED ON PAGE 3 Three Arch Bay Perched high above the bluffs and crashing waves of the Pacific Ocean is the private, guard-gated Three Arch Bay community with its own scenic and sandy beach. To all of us, there is not life without water, but to Three Arch Bay residents – “there is no life with-out the sandy beach and ocean water of the Pacific Ocean.” Bordered by: Rolling hills and a green belt to the north, Monarch Beach to the south and Thousand Steps Beach to the west. NEW LISTINGS/hOmES IN ESCrOW CLOSED • According to the MLS, the number of homes newly listed for sale in Newport Beach during the two-week period of 2/14-2/28/11 was 68 homes. Of these homes on the market, the highest priced property was listed at $8,995,000. The lowest priced property was listed at $159,900. • According to the MLS, the number of homes newly listed for sale in Laguna Beach during the two-week period of 2/14-2/28/11 was 37 homes. Of these homes on the market, the highest priced property was listed at $12,500,000. The lowest priced property was listed at $419,000. • According to the MLS, the number of homes that went into escrow and/or closed in Newport Beach for the two-week period of 2/14-2/28/11 was 43 homes. These homes were categorized in the MLS as “backup offers,” “pending sale,” or “closed sale.” • According to the MLS, the number of homes that went into escrow and/or closed in Laguna Beach for the two-week period of 2/14-2/28/11 was 22 homes. These homes were categorized in the MLS as “backup offers,” “pending sale,” or “closed sale.” DATA CAPTURED MARCH 2, 2011 AND PROVIDED BY TORELLI REALTY.