Seller's Agent in 2017
Andy Stavros
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
(949) 270-0466
38 Total Sales
10 Premiere Point Newport Coast, CA 92657
Newport Coast NeighborhoodEstimated Value: $3,730,000 - $16,961,973
4
Beds
4.5
Baths
7,043
Sq Ft
$1,469/Sq Ft
Est. Value
Highlights
- Ocean View
- On Golf Course
- Private Pool
- Newport Coast Elementary School Rated A
- Wine Cellar
- Primary Bedroom Suite
About This Home
As of May 2017With sweeping ocean and golf course views, exquisite grounds and a palatial residence that is truly in a league of its own, this breathtaking estate in Newport Coast’s exclusive guard-gated enclave of Pelican Hill presents unequaled 5-star resort living. Relax or entertain while endless vistas encompass Catalina Island, sunsets, the Pacific Ocean, and the 7th fairway and green of the Pelican Hill Golf Club. Approx. 7,043 s.f. with 4 bedrooms and 4.5 baths, the estate welcomed more than $3 million in upgrades in 2009, creating a living environment that is enriched by a 950-bottle wine cellar, paneled library, 4 hand-carved limestone fireplaces, and a grand 2-story foyer with an arched glass and wrought-iron entry door. Attention to detail is evident in the use of Venetian plaster, custom millwork, coffered ceilings, crown molding and custom chandeliers. A spacious kitchen shines with granite countertops, furniture-quality cabinetry, a large island and high-end appliances. Ocean views and an outdoor deck distinguish a master suite that hosts a fireplace, wet bar, steam shower, jetted tub, and a walk-in closet with Juliet balcony. Nearly 18,768 s.f., grounds are adorned with a custom water wall, saltwater pool and spa, fireplace, BBQ pavilion, bar and more.
Last Agent to Sell the Property
DOUGLAS ELLIMAN OF CALIFORNIA, INC. License #01408840 Listed on: 02/15/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $107,895
Year Built
- Built in 1996
Lot Details
- 0.4 Acre Lot
- On Golf Course
- Landscaped
- Paved or Partially Paved Lot
- Sprinkler System
- Lawn
- Front Yard
HOA Fees
- $739 Monthly HOA Fees
Parking
- 3 Car Garage
Property Views
- Ocean
- Catalina
- City Lights
- Golf Course
Interior Spaces
- 7,043 Sq Ft Home
- 2-Story Property
- Wet Bar
- Wired For Sound
- High Ceiling
- Drapes & Rods
- Wine Cellar
- Family Room with Fireplace
- Great Room
- Family Room Off Kitchen
- Living Room
- Dining Room
- Den with Fireplace
- Home Gym
- Laundry Room
Kitchen
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Gas Oven
- Six Burner Stove
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Double Master Bedroom
- Walk-In Closet
Pool
- Private Pool
Utilities
- Evaporated cooling system
- Zoned Heating and Cooling
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 14065
- Assessor Parcel Number 47306131
Community Details
Overview
- Pelican Hill Association, Phone Number (949) 582-7770
Security
- Security Guard
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 9, 2017
Sold by
Gladstone Alan D and Gladstone Janetta Shawn
Bought by
Zhang Shuming and Zhuangyuan Fang Irrevocable Trust
Current Estimated Value
Purchase Details
Closed on
Apr 23, 2010
Sold by
Choate Jerry D
Bought by
Gladstone Alan D and Gladstone Janette Shawn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 27, 2007
Sold by
Choate Jerry D
Bought by
Choate Jerry D and Jerry Choate Trust
Purchase Details
Closed on
Dec 3, 2004
Sold by
Kooshian George Steven
Bought by
Choate Jerry D
Purchase Details
Closed on
Jun 6, 1997
Sold by
Morris Development Inc
Bought by
Kooshian G Steven
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
7.33%
Purchase Details
Closed on
Dec 12, 1995
Sold by
Zusman Douglas R and Zusman Dana L
Bought by
Morris Development Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,640
Interest Rate
7.04%
Purchase Details
Closed on
Sep 26, 1994
Sold by
The Irvine Company
Bought by
Zusman Douglas R and Zusman Dana L
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhang Shuming | $8,800,000 | Chicago Title Company | |
| Gladstone Alan D | $6,155,000 | Lawyers Title | |
| Choate Jerry D | -- | None Available | |
| Choate Jerry D | $5,100,000 | -- | |
| Kooshian G Steven | $3,400,000 | Fidelity National Title Ins | |
| Morris Development Inc | $759,500 | Fidelity National Title Ins | |
| Zusman Douglas R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gladstone Alan D | $500,000 | |
| Previous Owner | Gladstone Alan D | $2,500,000 | |
| Previous Owner | Kooshian George Steven | $1,225,500 | |
| Previous Owner | Kooshian G Steven | $2,550,000 | |
| Previous Owner | Kooshian G Steven | $2,450,000 | |
| Previous Owner | Morris Development Inc | $443,640 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/11/2017 05/11/17 | Sold | $8,800,000 | -11.1% | $1,249 / Sq Ft |
| 02/15/2017 02/15/17 | For Sale | $9,900,000 | -- | $1,406 / 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 | $107,895 | $10,213,154 | $7,812,524 | $2,400,630 |
| 2024 | $107,895 | $10,012,897 | $7,659,338 | $2,353,559 |
| 2023 | $105,468 | $9,816,566 | $7,509,155 | $2,307,411 |
| 2022 | $103,728 | $9,624,085 | $7,361,917 | $2,262,168 |
| 2021 | $101,247 | $9,435,378 | $7,217,566 | $2,217,812 |
| 2020 | $100,865 | $9,338,630 | $7,143,558 | $2,195,072 |
| 2019 | $98,944 | $9,155,520 | $7,003,488 | $2,152,032 |
| 2018 | $96,972 | $8,976,000 | $6,866,164 | $2,109,836 |
| 2017 | $74,997 | $6,845,705 | $4,520,982 | $2,324,723 |
| 2016 | $75,640 | $6,711,476 | $4,432,335 | $2,279,141 |
| 2015 | $75,020 | $6,610,664 | $4,365,757 | $2,244,907 |
| 2014 | $73,273 | $6,481,171 | $4,280,238 | $2,200,933 |
Source: Public Records
Agents Affiliated with this Home
-
Andy Stavros
-
Nikki Norman
N
Seller Co-Listing Agent in 2017
Nikki Norman
Pacific Sotheby's Int'l Realty
(949) 510-0801
6 Total Sales
-
Kaylyn Zhu
Buyer's Agent in 2017
Kaylyn Zhu
International Home Realty
(949) 838-7451
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG17031594
APN: 473-061-31
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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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