Sold
Rancho Mirage, CA
40315 Cholla Lane
Ending Price
$16,000,000
Newport Beach, CA
4
Beds
2
Bath
1,650
Sq. Feet
Starting Price
$1,498,000
Ending Price
$1,599,000
Days On Market
18 Days
Time of Sale
Before Auction
Sold By
Westley Williams
Starting Price
$1,498,000
Ending Price
$1,599,000
Time of Sale
Before Auction
Days On
18 Days
This property was in the sweet spot of the market in Newport. The sellers and the realtor were worried about under pricing the property but were also concerned about over pricing the home and ostracizing the property, which would have resulted in less money. The auction process allowed us to find the value in the market with having to “GUESS” the value beforehand so we where never at risk over under pricing and leaving money on the table or over pricing and having to chase the market down.
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