---
title: Newport Beach Realtor Garrett Weston on the $26 Million Off-Market Sale Behind a $303 Million Year
description: Newport Beach realtor Garrett Weston sold 2201 Bayside Drive off market for $26M, both sides, in a $303M year. Off-market deals, scarcity and dual agency.
author: Darie Nani (Editor-in-Chief)
date: 2026-09-08T08:33:43.045Z
updated: 2026-09-08T08:33:43.057Z
canonical: https://www.sovereignmagazine.com/article/garrett-weston-off-market-26m-sale-newport-beach
image: https://cdn.nanimediahouse.com/weston-bayside-exterior.webp
categories: Business
content_type: Spotlight
region: California
publication: Sovereign Magazine
about:
  - type: Person
    name: Garrett Weston
    description: Garrett Weston is a Coldwell Banker Global Luxury Property Specialist and the leader of MR WESTON + associates, a luxury real estate team based at Coldwell Banker Realty in Newport Beach, California. Licensed in California since 2003, he represents buyers and sellers of coastal homes across Newport Beach, Corona del Mar, Newport Coast, Crystal Cove and Lido Isle. His sales include the $26 million off-market sale of 2201 Bayside Drive in Corona del Mar, where he represented both sides, the $13.5 million Spyglass Hill record at 53 Cambria Drive, and the $10 million purchase of 110 Via Trieste on Lido Isle.
    url: https://www.garrettweston.com
    jobTitle: Luxury Property Specialist, Coldwell Banker Realty; leader of MR WESTON + associates
    worksFor: MR WESTON + associates
    sameAs:
      - https://www.instagram.com/garrett_weston/
      - https://www.facebook.com/garrett.weston.58/
---

In March 2025 a 9,329-square-foot house at 2201 Bayside Drive in Corona del Mar sold for $26 million, at the time the highest price ever paid for a house in the neighborhood. The house was not publicly marketed. Garrett Weston, a [Coldwell Banker Global Luxury](https://www.sovereignmagazine.com/article/the-massive-transfer-of-wealth-reshaping-real-estate) Property Specialist who leads the Newport Beach team MR WESTON + associates, represented the buyer and the seller.

The six-person team closed about $303.3 million in residential sales in 2025. According to production figures provided by the team, that placed MR WESTON + associates fourth among Coldwell Banker Realty's medium-sized teams nationally and first in Newport Beach and Orange County.

> "A deal like this comes together through an extensive network of high-net-worth clients, and a reputation built on trust."
> — Garrett Weston

In an off-market sale the house is not advertised. The agent introduces the seller to buyers he already knows can pay. The Bayside Drive house is a [waterfront property](https://www.sovereignmagazine.com/article/inside-the-circle-of-trust-how-to-become-the-go-to-expert-for-ultra-luxury-waterfront-homes) with about 50 feet of bay frontage, a six-vehicle underground garage and a private dock for a yacht of up to 100 feet. Weston says the Bayside Drive deal came through that network.

![Aerial view of 2201 Bayside Drive, Corona del Mar, on Newport Harbor at dusk. Courtesy of MR WESTON + associates](https://cdn.nanimediahouse.com/weston-bayside-aerial.webp)

## Off-Market Properties at the Top of Coastal Orange County

A second private deal followed within weeks. The Orange County Business Journal recorded a $29 million sale at 38 Linda Isle, a bayfront home on Newport Beach's guard-gated island, in April 2025, among the county's top transactions of the year. Weston says he represented the buyer and that the house, like Bayside Drive, was sold off market.

![Aerial view over Linda Isle, Newport Beach, looking across Newport Harbor. Courtesy of MR WESTON + associates](https://cdn.nanimediahouse.com/weston-linda-isle-aerial.webp)

The Corona del Mar record set on Bayside Drive has since been passed. A newly built home on Ocean Boulevard sold for $48.5 million in July 2026.

## Corona del Mar Real Estate and the Spyglass Hill Price Record

In June 2026 Weston represented the buyer of 53 Cambria Drive, a newly completed single-story house in the Spyglass Hill section of Corona del Mar. The roughly 4,000-square-foot home sold for $13.5 million, or about $3,359 per square foot, which the Orange County Business Journal reported as the highest recorded price in Spyglass Hill. Laidlaw Schultz Architects designed it and Cornerstone Construction built it, with views across Newport Harbor to the Pacific, Catalina Island and the Pelican Hill Golf Club.

"Buyers are willing to pay a premium because building a comparable home today would require significant time, capital and execution risk," Weston told the Business Journal after the sale.

## Scarcity and Prices in Newport Beach Luxury Real Estate

> "There's a real scarcity of these prime locations, expansive lots, ocean views. That kind of land simply isn't available anymore, so buyers are stepping up and paying for the value they see."
> — Garrett Weston

Orange County recorded 109 [home sales above $10 million](https://www.sovereignmagazine.com/article/reshaping-luxury-living-a-home-that-builds-another-world) in 2025, up from 103 in 2024 and 79 in 2023, according to the Orange County Business Journal's annual count. Buyers also pay a premium for wide lots. In April 2026 Weston represented the buyer of 110 Via Trieste on Lido Isle, which sold for $10 million. The house sits on a lot about 70 feet wide, more than double the island's usual 30 feet, with a pool and spa and a short walk to the island's private beach and clubhouse. "Most lots on Lido are about 30 feet wide," Weston told the Business Journal. "This is over twice that, so it just feels like a real home."

## Value Differences Street by Street in Corona del Mar and Newport Beach

Prices differ between Corona del Mar, Lido Isle, Linda Isle, the Balboa Peninsula, Newport Coast and Crystal Cove, and they differ again between neighboring streets inside each of them. Weston says buyers from out of state tend to underestimate this.

"Two homes can be just a few streets apart and look nearly identical on paper, but there can be a significant difference in value based on the view, the street, lot orientation, walkability, even which side of the street you're on," he says. "Those nuances only make sense after years of working in these neighborhoods."

## Dual Agency Rules in California and the $26M Transaction

California law permits one agent to represent both sides of a sale only with the knowledge and written consent of both parties. The [Civil Code](https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CIV&sectionNum=2079.16.) requires the agent to give each side a statutory disclosure of the agency relationship, and a dual agent may not tell the buyer that the seller will accept less than the asking price, or tell the seller that the buyer will pay more, without express permission.

![Pool and living area at 2201 Bayside Drive, Corona del Mar. Courtesy of MR WESTON + associates](https://cdn.nanimediahouse.com/weston-bayside-pool.webp)

Weston represented both sides on Bayside Drive and says the arrangement only works if it is set out at the start.

"It starts with complete transparency. Both parties understand from the outset that I'm representing both sides, and my responsibility is to treat each party fairly, protect confidential information, and never advocate for one side at the expense of the other," he says. "My role is to facilitate the deal, keep communication clear, and help both parties navigate the transaction professionally while allowing each side to make their own decisions."

## MR WESTON + Associates and the 2025 Numbers

Weston has held a California real estate license since 2003 and has worked in Orange County for more than two decades. He moved his practice to Coldwell Banker Realty's Newport Beach office in 2022, and MR WESTON + associates now works from 840 Newport Center Drive with six associates. The team says its career residential sales exceed $2 billion.

Its listings have included 46 Deep Sea in Crystal Cove, a roughly 14,000-square-foot, six-bedroom house that Weston brought to market at $58.9 million in 2023, and the team's business covers Newport Beach, Corona del Mar, Newport Coast, Crystal Cove, Lido Isle and the surrounding coastal communities, through public listings as well as private sales.

## FAQ

**Q: Is dual agency good or bad for a buyer or seller?**
California law allows it only with both parties' written consent, and the agent must not pass on either side's price limits. Weston says it works when both sides understand from the outset that he represents both and will not advocate for either, as on the $26 million Bayside Drive sale.

**Q: Why is Corona del Mar so expensive?**
There is very little bayfront or bluff-top land, and almost none of it comes to market. Weston points to expansive lots and ocean views that cannot be replicated, and buyers paying for that scarcity. The Corona del Mar record went from $26 million in March 2025 to $48.5 million in July 2026.

**Q: What is the most expensive house sold in Corona del Mar?**
A newly built home on Ocean Boulevard sold for $48.5 million in July 2026. Before that, the record was the $26 million off-market sale of 2201 Bayside Drive in March 2025, in which Weston represented both the buyer and the seller.

**Q: Are home prices dropping in Orange County?**
Prices at the top end are not dropping. Orange County recorded 109 sales above $10 million in 2025, up from 103 in 2024 and 79 in 2023. Weston's own sales in 2026 include a per-square-foot record in Spyglass Hill at $13.5 million and a $10 million Lido Isle purchase.

**About Garrett Weston**
Luxury Property Specialist, Coldwell Banker Realty; leader of MR WESTON + associates, MR WESTON + associates

Garrett Weston is a Coldwell Banker Global Luxury Property Specialist and the leader of MR WESTON + associates, a luxury real estate team based at Coldwell Banker Realty in Newport Beach, California. Licensed in California since 2003, he represents buyers and sellers of coastal homes across Newport Beach, Corona del Mar, Newport Coast, Crystal Cove and Lido Isle. His sales include the $26 million off-market sale of 2201 Bayside Drive in Corona del Mar, where he represented both sides, the $13.5 million Spyglass Hill record at 53 Cambria Drive, and the $10 million purchase of 110 Via Trieste on Lido Isle.

[Website](https://www.garrettweston.com)