1 Premiere Point Newport Coast, CA 92657
Newport Coast Neighborhood
6
Beds
9
Baths
11,395
Sq Ft
0.68
Acres
Highlights
- Ocean View
- On Golf Course
- Home Theater
- Newport Coast Elementary School Rated A
- Wine Cellar
- In Ground Pool
About This Home
As of November 2023Enjoy scenic views of the 8th fairway, Catalina Island, ocean and Newport harbor afforded by this front row estate with 240 feet of view footage. Located at the end of a cul-de-sac this picturesque French inspired estate creates an ambience like no other from the tranquil koi pond and gardens in the front entry, to the rear ground with pool, spa, expansive lawn area and gardens. The incredible design allows for a two story library, gourmet kitchen opened to family room, theater, wine cellar, gym and master retreat with separate His & Hers baths and closets. This estate offers everything for the most sophisticated owners.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $277,777
Year Built
- Built in 2004
Lot Details
- 0.68 Acre Lot
- On Golf Course
- Cul-De-Sac
HOA Fees
- $728 Monthly HOA Fees
Parking
- 6 Car Garage
Property Views
- Ocean
- Back Bay
- Harbor
- Catalina
- City Lights
- Golf Course
Interior Spaces
- 11,395 Sq Ft Home
- 3-Story Property
- Formal Entry
- Wine Cellar
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
- Home Theater
- Library with Fireplace
- Home Gym
- Breakfast Area or Nook
- Laundry Room
- Basement
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 6 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Maid or Guest Quarters
Pool
- In Ground Pool
- In Ground Spa
- Saltwater Pool
Additional Features
- Accessible Elevator Installed
- Exterior Lighting
- Forced Air Zoned Heating and Cooling System
Community Details
- Laundry Facilities
Listing and Financial Details
- Tax Lot 15
- Tax Tract Number 14065
- Assessor Parcel Number 47306127
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2023
Closed on
Oct 27, 2023
Sold by
Nb Pelican Investment Inc
Bought by
Greenvest Llc
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
RUI DAI
Keller Williams Legacy
List Price
$28,800,000
Sold Price
$25,800,000
Premium/Discount to List
-$3,000,000
-10.42%
Views
292
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,200,289
Avg. Annual Appreciation
-18.40%
Purchase Details
Listed on
Feb 20, 2013
Closed on
Dec 9, 2013
Sold by
Downey James
Bought by
Nb Pelican Investment Inc
Seller's Agent
Rex Mckown
Compass
Buyer's Agent
Tami Wang
RE/MAX One
List Price
$16,900,000
Sold Price
$14,000,000
Premium/Discount to List
-$2,900,000
-17.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$8,400,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 24, 2010
Sold by
Hogan Walter N and Hogan Susan G
Bought by
Downey James and The James Downey Revocable Trust
Purchase Details
Closed on
Nov 15, 1999
Sold by
Tenebaum Wendy L
Bought by
Hogan Walter N and Hogan Susan G
Purchase Details
Closed on
Mar 6, 1997
Sold by
Irvine Community Development Company
Bought by
Tenebaum Wendy L
Purchase Details
Closed on
Mar 3, 1997
Sold by
Tenebaum Lawrence S
Bought by
Tenebaum Wendy L
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $25,800,000 | Ticor Title | |
| Grant Deed | $14,000,000 | Fidelity National Title Oran | |
| Grant Deed | $13,000,000 | Ticor Title Riverside | |
| Grant Deed | -- | Fidelity National Title Ins | |
| Grant Deed | -- | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $8,500,000 | Credit Line Revolving | |
| Previous Owner | $8,400,000 | Purchase Money Mortgage | |
| Previous Owner | $5,500,000 | Unknown | |
| Previous Owner | $7,500,000 | Credit Line Revolving | |
| Previous Owner | $3,500,000 | Unknown | |
| Previous Owner | $3,500,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/09/2023 11/09/23 | Sold | $25,800,000 | -10.4% | $2,263 / Sq Ft |
| 09/20/2023 09/20/23 | Pending | -- | -- | -- |
| 07/19/2023 07/19/23 | For Sale | $28,800,000 | +105.7% | $2,526 / Sq Ft |
| 01/22/2014 01/22/14 | Sold | $14,000,000 | -17.2% | $1,229 / Sq Ft |
| 12/10/2013 12/10/13 | Pending | -- | -- | -- |
| 02/20/2013 02/20/13 | For Sale | $16,900,000 | -- | $1,483 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $277,777 | $26,316,000 | $21,261,330 | $5,054,670 |
| 2024 | $277,777 | $25,800,000 | $20,844,441 | $4,955,559 |
| 2023 | $176,735 | $16,495,661 | $11,972,172 | $4,523,489 |
| 2022 | $173,824 | $16,172,217 | $11,737,423 | $4,434,794 |
| 2021 | $169,992 | $15,855,115 | $11,507,277 | $4,347,838 |
| 2020 | $168,951 | $15,692,541 | $11,389,284 | $4,303,257 |
| 2019 | $165,600 | $15,384,845 | $11,165,965 | $4,218,880 |
| 2018 | $162,292 | $15,083,182 | $10,947,025 | $4,136,157 |
| 2017 | $160,423 | $14,787,434 | $10,732,378 | $4,055,056 |
| 2016 | $159,137 | $14,497,485 | $10,521,939 | $3,975,546 |
| 2015 | $157,733 | $14,279,720 | $10,363,890 | $3,915,830 |
| 2014 | $149,606 | $13,586,604 | $9,843,668 | $3,742,936 |
Source: Public Records
Agents Affiliated with this Home
-
John Cain
Seller's Agent in 2023
John Cain
Pacific Sothebys
(714) 655-8940
26 in this area
210 Total Sales
-
RUI DAI
R
Buyer's Agent in 2023
RUI DAI
Keller Williams Legacy
(626) 372-3370
2 in this area
33 Total Sales
-
Fei Li
Buyer Co-Listing Agent in 2023
Fei Li
Keller Williams Legacy
(949) 353-9999
4 in this area
293 Total Sales
-
Rex Mckown
Seller's Agent in 2014
Rex Mckown
Compass
(949) 689-5018
17 in this area
56 Total Sales
-
Marcy Weinstein
Seller Co-Listing Agent in 2014
Marcy Weinstein
Compass
(949) 689-3550
15 in this area
41 Total Sales
-
Tami Wang
Buyer's Agent in 2014
Tami Wang
RE/MAX
(949) 394-7100
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP13027282
APN: 473-061-27
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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