NOT LISTED FOR SALE

1000 Flamingo Rd Laguna Beach, CA 92651

Estimated Value: $5,233,000 - $12,753,966

5 Beds
9 Baths
10,200 Sq Ft
$877/Sq Ft Est. Value

Last Sold June 08, 2020

Last sale price $9,100,000 $892 Per Sq Ft

458 Days on Market

Highlights

  • Ocean View
  • Sound Studio
  • Home Theater
  • Top Of The World Elementary School Rated A
  • Wine Cellar
  • Infinity Pool

About This Home

As of June 2020

With its spectacular setting on an ocean view promontory of nearly one acre, this contemporary coastal estate was inspired by luxury five-star island resorts. Completed with impressive detail, this truly magnificent home encompasses approximately 10,200 square feet of living space. The serene tropical ambiance moves seamlessly to outdoor spaces with virtually every room offering panoramic ocean and canyon views. The open indoor/outdoor floor plan features grand living areas, chef-grade kitchen plus caterer's kitchen, professional recording studio, wine room, tasting room, dramatic high ceilings, and sculptural staircase of glass and Walnut. The entire home is showcased with custom designer details including light fixtures, imported European Oak, Walnut, and stone. Outdoor amenities including a custom saltwater pool with swim-up bar, 10-person spa, large entertaining cabana, and pool house with shower/steam room make this the ultimate entertaining compound. Balinese-inspired landscaping and a private gated entry and drive lead to the 10-car garage with a turn around to accommodate 8 additional vehicles. This is Laguna Beach luxury at its very best.

Last Agent to Sell the Property

Julian Channels

Coldwell Banker Realty License #01984097 Listed on: 02/05/2019

Last Buyer's Agent

Michael Johnson

Compass License #01429647

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $100,095

Year Built

  • Built in 2013

Lot Details

  • 0.98 Acre Lot
  • Density is up to 1 Unit/Acre

Parking

  • 7 Car Attached Garage

Property Views

  • Ocean
  • Canyon
  • Hills

Interior Spaces

  • 10,200 Sq Ft Home
  • Wood Burning Fireplace
  • Gas Fireplace
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Separate Family Room
  • Living Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Game Room
  • Sound Studio
  • Utility Room
  • Sauna
  • Walk-In Pantry
  • Home Gym

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Laundry Chute

Pool

  • Infinity Pool
  • Lap Pool
  • Saltwater Pool

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 2218
  • Assessor Parcel Number 64416270

Home Details

Home Type

Single Family

Est. Annual Taxes

$100,095

Year Built

Built in 2013

Lot Details

0

Parking

7

Listing Details

  • Assessments: Yes
  • Ad Number: 9493943736
  • Property Attached: No
  • Subdivision Name Other: Rancho Laguna (RL)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64416270
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 10200.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Master Bedroom, Gas, Wood Burning
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 892.16
  • Room Type: Den, Entry, Exercise Room, Family Room, Formal Entry, Foyer, Game Room, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Media Room, Office, Recreation, Sauna, Separate Family Room, Sound Studio, Utility Room, Walk-In Closet, Walk-In Pantry, Wine Cellar

Exterior Features

  • View: Canyon, Hills, Ocean
  • Pool Features: Private, Lap, Infinity, Salt Water
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 7.00
  • Total Parking Spaces: 7.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, In Closet, Laundry Chute
  • Sewer: Unknown
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 42473.00
  • Lot Size Acres: 0.9750

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 42473.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.20
  • Tax Lot: 24
  • Tax Tract Number: 2218

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2019
Closed on
Jun 4, 2020
Sold by
Berryhill Clay and Channels Delphine
Bought by
Dhingra Ashvin Jay and Dhingra Poonam Shah
Seller's Agent
Julian Channels
Coldwell Banker Realty
Buyer's Agent
Michael Johnson
Compass
List Price
$12,995,000
Sold Price
$9,100,000
Premium/Discount to List
-$3,895,000
-29.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.32%
Original Mortgage
$3,500,000
Outstanding Balance
$3,102,482
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$5,845,173

Purchase Details

Closed on
Feb 24, 2012
Sold by
Berryhill Clay and Berryhill Delphine Channels
Bought by
Berryhill Clay and Berryhill Delphine Channels

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2011
Sold by
Bankers West Mortgage
Bought by
Berryhill Clay and Berryhill Delphine

Purchase Details

Closed on
Nov 3, 2010
Sold by
Elan Enterprises Inc
Bought by
Bankers West Mortgage

Purchase Details

Closed on
Mar 17, 1999
Sold by
Terry John J and Terry Carol A
Bought by
Elan Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 19, 1994
Sold by
Bowler Leonore Coyne and Fessler Leonore M
Bought by
Terry John J and Terry Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,500
Interest Rate
8.8%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dhingra Ashvin Jay $9,100,000 Lawyers Title Company
Berryhill Clay -- Fidelity National Title Co
Berryhill Clay $3,350,000 Lawyers Title Company
Bankers West Mortgage $3,200,000 None Available
Elan Enterprises Inc $500,000 Chicago Title Co
Terry John J $166,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dhingra Ashvin Jay $3,500,000
Previous Owner Berryhill Clay $1,100,000
Previous Owner Elan Enterprises Inc $240,000
Previous Owner Terry John J $35,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2020 06/08/20 Sold $9,100,000 -24.2% $892 / Sq Ft
09/16/2019 09/16/19 Price Changed $11,999,000 -0.4% $1,176 / Sq Ft
09/10/2019 09/10/19 Price Changed $12,050,000 -0.8% $1,181 / Sq Ft
09/03/2019 09/03/19 Price Changed $12,150,000 -0.8% $1,191 / Sq Ft
08/27/2019 08/27/19 Price Changed $12,250,000 -0.8% $1,201 / Sq Ft
08/19/2019 08/19/19 Price Changed $12,350,000 -0.8% $1,211 / Sq Ft
08/12/2019 08/12/19 Price Changed $12,450,000 -0.8% $1,221 / Sq Ft
08/05/2019 08/05/19 Price Changed $12,550,000 -0.8% $1,230 / Sq Ft
07/29/2019 07/29/19 Price Changed $12,650,000 -1.1% $1,240 / Sq Ft
05/21/2019 05/21/19 Price Changed $12,788,000 -1.6% $1,254 / Sq Ft
02/05/2019 02/05/19 For Sale $12,995,000 -- $1,274 / Sq Ft
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 $100,095 $9,952,178 $5,605,353 $4,346,825
2024 $100,095 $9,757,038 $5,495,444 $4,261,594
2023 $98,099 $9,565,724 $5,387,690 $4,178,034
2022 $96,198 $9,378,161 $5,282,049 $4,096,112
2021 $94,297 $9,194,276 $5,178,479 $4,015,797
2020 $47,329 $4,568,716 $2,741,088 $1,827,628
2019 $46,492 $4,479,134 $2,687,341 $1,791,793
2018 $45,574 $4,391,308 $2,634,648 $1,756,660
2017 $44,662 $4,305,204 $2,582,988 $1,722,216
2016 $43,804 $4,220,789 $2,532,341 $1,688,448
2015 $43,135 $4,157,389 $2,494,303 $1,663,086
2014 $42,304 $4,075,952 $2,445,443 $1,630,509
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19027012

California Regional Multiple Listing Service (CRMLS)

APN: 644-162-70