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Todd Glaser Acquires $8.9M Waterfront House In Newport Beach From Kimberly Bibb

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SOLD
$8,975,000
Matthew (Matt) Altman
Joshua (Josh) Altman
Kimberly (Kim) Bibb

California

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Single Family2,548 SF
Sold 01/31/2024
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Property Image
SOLD

Todd Glaser Acquires $8.9M Waterfront House In Newport Beach From Kimberly Bibb

1411 East Bay Avenue

See Similar Deals
Single Family2,548 SF
Sold 01/31/2024
Matthew (Matt) Altman
Joshua (Josh) Altman
Kimberly (Kim) Bibb
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$3,522
Total Square Footage:2,548 SF
Transaction Type:Sale

A waterfront house in Newport Beach, California has been sold for $8,975,000. The property, located at 1411 East Bay Avenue, is a single-family home built in 1946. It offers 2,548 square feet of living space and features four bedrooms. The house includes private beach access and a dock, making it an ideal residence for those who appreciate waterfront living.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $8,975,000
  • Square Footage: 2,548
  • Address: 1411 East Bay Avenue, Newport Beach, California
  • Market: Newport Beach

Todd Glaser, a Florida developer, purchased the property for his summer residence. Represented by Kimberly Bibb and Douglas Elliman's Joshua Altman and Matthew Altman, Glaser plans to renovate the house to suit his needs. However, he remains hesitant about expanding his projects to California due to tax concerns. This acquisition showcases Glaser's interest in investing in prestigious waterfront properties.

Players

Matthew (Matt) Altman
Douglas Elliman
Matthew Altman
34 deals$512.6M volume(323) 791-9398
BROKER
Joshua (Josh) Altman
Douglas Elliman
Joshua Altman
42 deals$577M volume
BROKER
Kimberly (Kim) Bibb
Coldwell Banker
Kimberly Bibb
2 deals$36M volume(714) 396-0185
BROKER

Details

SOLD
IMAGE: Kimberly Bibb, Matthew Altman, Joshua Altman & Todd Glaser DATE: 01/31/2024 ADDRESS: 1411 East Bay Avenue MARKET: Newport Beach ASSET TYPE: Single Family BUYER: Todd Glaser (@ToddMichaelGlaser) BUYER'S REP: Joshua Altman (@TheJoshAltman) & Matthew Altman (@TheMattAltman) - Douglas Elliman (@DouglasElliman) SELLER'S REP: Kimberly Bibb (@KimBibb_realestate) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $8,975,000 SF: 2,548 ~ PPSF: $3,522 NOTE: Florida developer Todd Glaser purchased a $8,975,000 million waterfront house in Newport Beach, California, represented by Kimberly Bibb and Douglas Elliman’s Josh and Matt Altman. The 1946-built house offers 2,548 square feet with four bedrooms, private beach access, and a dock, as Glaser plans to renovate it for his summer residence but remains hesitant about expanding his projects to California due to tax concerns.

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