“It’s tougher to obtain loans in that price point,” Caruso said for the OC Register. “If we can eliminate a Mercedes payment for someone, it helps them qualify for a house payment.”
Caruso also mentioned that this home (selling for $2,139,000) is the best-priced custom home in the Niguel South area. The car’s retail value is $35,900. The house has 5 bedrooms, a pool, a basketball court, two backyards, outdoor entertainment space and more.
Other details of the home include:
“Reduced $250,000!! Cal-Spanish design taking full advantage of a 20,000sqft lot w/ smart floor plan & 2 yards. Flagship driveway w/ electronic gate opens by intercom system. Plenty of extra parking plus 3 car garage. Mahogany double doors lead to inviting marble formal entry with new chandelier & cathedral ceiling. Ionic columns embrace entry to formal living room w/ cathedral ceiling & marble fireplace w/ cherrywood mantel. Formal dining has double coffered ceiling & crown molding. Great Room is enormous with A/V Entertainment area, room for billiard table and has wet/dry serving bar. Kitchen has granite counters large island for buffet serving, top name GE and Sub-Zero applicances. Main floor office & main floor guest room. Huge Master has full access to flexible 6th bedroom which can be exercise room, 2nd office or nursery. Secondary bedrooms are excellent size. Gyp-crete 2nd floor, fire sprinkler system, security system, central vac. Pool/spa, lanai & separate yard/sport court.”
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