Rick Caruso Acquires Newport Beach SFR For $18.6M With Brokers Rex McKown & Marcy Weinstein - Compass And Gordon Henry - Pacific Sotheby’s International Realty

The recently closed property transaction in Newport Beach involved a single-family residence located at 2102 E. Balboa Blvd. The property spans 8,546 square feet and was sold for a total price of $18,600,000, resulting in a price per square foot of $2,176. This transaction marks a significant sale in the Newport Beach market.

Summary of transaction details

• Property Type: SFR
• Transaction Amount: $18,600,000
• Address: 2102 E. Balboa Blvd., Newport Beach
• Market: Newport Beach

Rick Caruso emerged as the buyer in this transaction, acquiring the property for the aforementioned price. The deal was facilitated by the brokers Rex McKown and Marcy Weinstein from Compass, along with Gordon Henry from Pacific Sotheby’s International Realty. Their expertise in the Newport Beach market contributed to the successful completion of this deal.