Navigating the unprecedented inventory shortage in the current real estate market has presented a variety of challenges for local real estate professionals, and some have weathered the storm better than others. Delivering a positive result has required more perseverance and creativity than it has in prior years, as evidenced by Aaron Khosh of Berkshire Hathaway HomeServices California Properties, who recently facilitated record-breaking off-market sales.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240305482948/en/

Aaron Khosh, Executive Vice President of the Khosh Team, Berkshire Hathaway HomeServices California Properties, Newport Beach, CA (Photo: Business Wire)

“My commitment is to provide clients with unparalleled value,” noted Aaron Khosh, executive vice president of the Khosh Team. “In Orange County’s competitive coastal real estate market, delivering value in the luxury segment requires more than merely sending MLS listings to clients. It necessitates actively reaching out to homeowners and networking to uncover unique off-market opportunities. Leveraging local knowledge is paramount, and partnering with a reputable local agent adds significant value for both sales and purchases. Currently, we have access to a portfolio of over $100 million in off-market properties, ensuring our clients exclusive opportunities not available to the public.”

In a recent transaction, Aaron Khosh facilitated the sale of a Lido Isle property, surpassing the highest price per square foot record for a home with 30 feet of bay frontage, achieving $3,655 per square foot. The residence, located at 206 Via Lido Nord in Newport Beach, closed at $11.4 million.

In nearby Linda Isle, Aaron Khosh recently facilitated an off-market sale for $16 million for the property located at 104 Linda Isle. With a closing price representing $3,209 per square foot, the sale set a record as the second-highest price per square foot transaction in the renowned guard-gated waterfront community of Linda Isle.

Operating from the Berkshire Hathaway HomeServices California Properties Newport Beach office, the Khosh Team specializes in the coastal Orange County market. With a 42-year history of successful real estate marketing, negotiating, selling, and closing, they attribute their success to building long-term, trusted relationships with their clients.

Under Aaron Khosh’s relentless drive and passion for the industry, along with Mehdi Khosh’s influential leadership and industry expertise, the Khosh Team has achieved a career sales volume exceeding $2 billion. “Aaron and his team are perennial market leaders with a proven track record of success,” noted Staci Hughes, Newport Beach Branch Manager. “They continue to set the standard for excellence in the high-end luxury real estate market due to their relentless work ethic, market knowledge, and negotiating skills.”

The career sales milestone of $2 billion is unlikely to endure for long, as Aaron Khosh has recently closed several other multi-million-dollar transactions. Notably, he assisted the buyer of a $25 million waterfront home in Corona Del Mar, situated at 4541 Brighton Road in the prestigious Cameo Shores neighborhood.

Additionally, Aaron Khosh facilitated the purchase of 218 Via Lido Nord in Newport Beach, achieving a closing price of $11.5 million. This transaction marked the second-highest price per square foot sale for a home on Lido Isle with 30-foot bay frontage. The residence has since been relisted by Aaron Khosh at $13.5 million and is currently pending, with Aaron Khosh representing both the buyer and seller.

For individuals seeking representation in their real estate transactions, Aaron Khosh offers more than just market insight – he provides an invaluable advantage in navigating the luxury real estate market. Contact Aaron Khosh at 949-554-4155 or email Aaron@KhoshTeam.com.

About Berkshire Hathaway HomeServices California Properties

Berkshire Hathaway HomeServices California Properties proudly supports 2,500 sales associates in over 40 offices spanning Santa Barbara to San Diego. In 2023, our expert agents assisted in more than 6,000 client transactions for over $10.3 billion in sales volume.

Berkshire Hathaway HomeServices California Properties is a wholly owned subsidiary of HomeServices of America, Inc., and a member of HSF Affiliates, LLC. BHHS supports approximately 50,000 real estate professionals and more than 1,500 offices across 4 continents and 13 countries and territories including the U.S., Canada, Mexico, Europe, the Middle East, The Caribbean, and India. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240305482948/en/