Madeleine Semaan Closes Sale of $3.3 Million Kerrigan Ranch Home as Luxury Housing Heats Up

YORBA LINDA, CA – First Team agent Madeleine Semaan successfully helped her client close the sale of 4281 Cedar Creek Drive earlier this month for $3,300,000. A top-producing agent awarded the company’s coveted Hall of Fame designation, Madeleine and her client received 6 different cash offers on the property as buyer demand for high-end real estate has continued to grow across Southern California.

“The seller was an absolute pleasure to work with, and their home is impeccable with over $1.5 million poured into upgrades including a granny suite, pool, tennis court, and more,” describes Madeleine. “Despite all of the extra safety regulations and requirements needed during the pandemic, we still had tons of private showings and interested buyers, particularly international buyers from China.”

Home exterior

Located on nearly one acre of land, the private Manor home features expansive resort-quality grounds and custom craftsmanship throughout. Upgrades throughout include rich hardwood flooring and honed travertine, soaring high ceilings, wrought ironwork, a smart security intercom system, custom ceiling fans, and wood shutters. The chef’s kitchen with Santa Cecilia slab granite countertops seamlessly flows outdoors with wood folding multi-panel doors blending to an outdoor covered living area with ceiling fans, recessed lighting, electric heaters, and motorized shades.

Kitchen with large center island and stainless steel hood range
Luxury home backyard with palapa top swim up bar, pool, rock slide, and palm trees.

The crowning jewel of the property however is the entertainer’s backyard including a grotto spa, rock pool, covered slide, waterfalls, LED lighting with various themes, and a swim-up barbecue area with a palapa roof, copper sink, and mini-fridge. In addition to the granny suite, the property also includes a 600 square foot pool house with surround sound, a wood and gas fireplace, a kitchenette, and a full bathroom.

According to the September sales report from the California Association of Realtors, sales of higher-priced properties are recovering faster than the rest of the market. Data from Trendgraphix for luxury properties over $1 million in Orange County supports this, showing that pending and sold transactions have nearly doubled over the last year, with inventory lagging behind. These conditions of low supply and high demand are driving up home prices and creating a distinct seller’s market across Southern California.

Graph showing Orange County properties over $1 million for sale, sold and pending from 9/1/19 to 9/1/20

“My job is to do absolutely anything to please my seller, and with a robust marketing strategy spanning online and print that attracted a wide selection of qualified buyers, I’d say this transaction was a success,” explains Madeleine. “In fact, the coveted Kerrigan Ranch community consists of only about 50 homes and I’m still working with several buyers who are waiting to purchase in this gorgeous community. So if homeowners are looking to call the shots on their next real estate transaction, now is the time to sell.”

This sale not only highlights the strong seller’s market across Southern California but also Madeleine’s local market expertise and proven ability to capture top-dollar for her discerning clientele. For more information on the details of this home sale and Madeleine Semaan’s comprehensive real estate services, visit mado1.com or contact her directly at (714) 322-5428.

View The Original Article At First Team Real Estate Orange County