NOT LISTED FOR SALE

Estimated Value: $6,642,000 - $15,239,919

6 Beds
7 Baths
7,079 Sq Ft
$1,330/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $9,009,000 $1,273 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $61,746/month

118 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Wine Cellar
  • Marco Forster Middle School Rated A-
  • Fitness Center
  • 5-minute walk to Strand Vista Park

About This Home

As of August 2021

A quintessential coastal retreat, 1 Coral Cove is undoubtedly one of the most remarkable estates within The Strand at Headlands. Crafted by award-winning Patterson Custom Homes and Brandon Architects, this magnificent Cape Cod home has an idyllic resort-like setting with grandly scaled interiors extending over 7,000 SF across three levels. The gleaming main level segues seamlessly into the park-like grounds with floor-to-ceiling sliding pocket doors framing picture-postcard views of Strands Beach. Hardwood floors, wainscoting, tongue-and-groove plank ceilings, skylights, and designer light fixtures create an elegant canvas for bespoke furnishings and artwork. The living spaces include six en-suite bedrooms, seven baths, eat-in kitchen with a butler’s pantry, home theater, bar, glass-enclosed wine cellar, and numerous decks and outdoor areas for entertaining, as well as casual spaces for everyday living. An elevator connects two levels including the 2,200 SF subterranean six-car garage. Further amenities include a saltwater pool, spa, and an outdoor shower, perfect for those sandy beach days. The residence feels worlds away on a quiet cul-de-sac yet is located in the heart of Dana Point. Within moments from home are the city’s top-rated schools, scenic beaches and world-class dining and shopping of Monarch Beach. The Strand residents will enjoy a Strand Beach Club ownership with a commercial kitchen, state-of-the-art fitness center, beach access, and a putting green.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 03/16/2021

Coldwell Banker Realty

Co-Listed By

Jeffrey Golden

Coldwell Banker Realty License #01080923

Last Buyer's Agent

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 03/16/2021

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $124,952

Year Built

  • Built in 2016

Lot Details

  • 0.32 Acre Lot
  • Property fronts a private road
  • Stone Wall
  • Wood Fence
  • Block Wall Fence
  • Sprinkler System
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

HOA Fees

  • $1,234 Monthly HOA Fees

Parking

  • 6 Car Direct Access Garage
  • Parking Available
  • Single Garage Door
  • Driveway Down Slope From Street

Property Views

  • Ocean
  • Panoramic
  • City Lights

Home Design

  • Cape Cod Architecture
  • Turnkey
  • Planned Development
  • Shake Roof
  • Shake Siding

Interior Spaces

  • 7,079 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Bar
  • Dry Bar
  • Crown Molding
  • Wainscoting
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Wine Cellar
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Home Theater
  • Bonus Room
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Microwave
  • Kitchen Island
  • Stone Countertops
  • Utility Sink

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Ocean Side of Highway 1
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Dana1 Elementary School
  • Marco Forester Middle School
  • Dana Hills High School

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Standard Electricity

Listing and Financial Details

  • Tax Lot 81
  • Tax Tract Number 16331
  • Assessor Parcel Number 67259319

Community Details

Overview

  • The Strand Association, Phone Number (800) 428-5588
  • Firstservice HOA
  • Built by Patterson Custom Homes
  • The Strand At Headlands Subdivision

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$124,952

Year Built

Built in 2016

Lot Details

0

HOA Fees

$1,234 per month

Parking

6

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 949-275-1989
  • Other Phone Description: Jeff Golden
  • Other Phone Number: 949-275-1989
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Fire and Smoke Detection System, Gated Community, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: The Strand at Headlands (STRN)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67259319
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7079.00 Square Feet
  • Interior Amenities: 2 Staircases, Bar, Built-in Features, Crown Molding, Dry Bar, Elevator, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage, Wainscoting
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, In Kitchen
  • Fireplace Features: Living Room, Master Bedroom, Outside, Fire Pit
  • Levels: Three Or More
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1272.64
  • Room Type: Bonus Room, Entry, Foyer, Home Theatre, Kitchen, Laundry, Master Suite, Media Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private, Heated, In Ground
  • Window Features: Skylight(s)
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Separate Tub And Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Kitchen Open To Family Room, Stone Counters, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Lighting
  • View: City Lights, Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Block, Stone, Wood
  • Builder Name: Patterson Custom Homes
  • Patio And Porch Features: Covered, Stone
  • Pool Features: Private, Gunite, Heated, In Ground, Salt Water
  • Pool Private: Yes
  • Roof: Shake
  • Spa: Yes
  • Construction Materials: Shake Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Paved, Driveway Down Slope From Street, Garage, Garage - Single Door, Oversized, Subterranean
  • Total Parking Spaces: 6.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Microwave
  • Electric: Standard
  • Heating Type: Central, Natural Gas, Fireplace(s)
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Clubhouse, Storage, Security
  • Association Fee: 1234.00
  • Association Fee Frequency: Monthly
  • Association Name: The Strand
  • Phone: 800-428-5588
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Storm Drains
  • Association Management: FIRSTSERVICE

Schools

  • School District: Capistrano Unified
  • Elementary School: Dana1
  • Middle School: Marco Forester
  • High School: Dana Hills
  • Elementary School: Dana1
  • High School: Dana Hills
  • Middle Or Junior School: Marco Forester
  • Elementary School #2: DANA1
  • High School2: DANHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lot 10000-19999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 14010.00
  • Lot Size Acres: 0.3216

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14010.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 423.23
  • Tax Lot: 81
  • Tax Tract Number: 16331

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Jul 20, 2021
Sold by
Lee John G and Lee Susan S
Bought by
Ostlund Scott R and Ostlund Family Revocable Livin
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Tim Smith
Coldwell Banker Realty
List Price
$9,995,000
Sold Price
$9,009,000
Premium/Discount to List
-$986,000
-9.86%
Current Estimated Value
$9,412,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,480
Avg. Annual Appreciation
1.06%
Original Mortgage
$4,000,000
Outstanding Balance
$3,634,904
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$5,777,576
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ostlund Scott R $9,009,000 Fidelity Natl Ttl Orange Cnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ostlund Scott R $4,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2021 08/12/21 Sold $9,009,000 -9.9% $1,273 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $9,995,000 +508.5% $1,412 / Sq Ft
11/16/2012 11/16/12 Sold $1,642,500 -10.0% -- View Prior Sale
11/12/2012 11/12/12 Pending -- -- --
06/13/2012 06/13/12 For Sale $1,825,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $124,952 $9,560,422 $5,511,629 $4,048,793
2024 $124,952 $9,372,963 $5,403,558 $3,969,405
2023 $122,072 $9,189,180 $5,297,606 $3,891,574
2022 $118,583 $9,009,000 $5,193,731 $3,815,269
2021 $85,396 $5,366,954 $2,136,639 $3,230,315
2020 $84,543 $5,311,923 $2,114,730 $3,197,193
2019 $83,447 $5,207,768 $2,073,265 $3,134,503
2018 $81,897 $5,105,655 $2,032,612 $3,073,043
2017 $80,256 $5,005,545 $1,992,757 $3,012,788
2016 $56,715 $2,805,594 $1,708,586 $1,097,008
2015 $45,380 $1,682,922 $1,682,922 $0
2014 $45,028 $1,649,956 $1,649,956 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21039584

California Regional Multiple Listing Service (CRMLS)

APN: 672-593-19