NOT LISTED FOR SALE

1175 Summit Dr Laguna Beach, CA 92651

Estimated Value: $5,985,295 - $7,224,000

5 Beds
5.5 Baths
8,096 Sq Ft
$806/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $3,300,000 $408 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $36,980/month

20 Days on Market

Highlights

  • White Water Ocean Views
  • Attached Guest House
  • Spa
  • Top Of The World Elementary School Rated A+
  • Art Studio
  • Second Garage

About This Home

As of February 2020

Built into the hillside of Summit Drive, this architectural work of art was designed by renowned architect John McInnes to maximize stunning unobstructed views from every level, spanning the lush hillside below, California coastline, and breathtaking ocean. The main level features a spacious living room with a massive wall of windows and a wraparound balcony. The open layout flows effortlessly through the living room to the kitchen and family room, making it ideal for entertaining. Nearly an entire level of the home is dedicated to the opulent master suite, featuring private balconies, remarkable ocean views, his-and-hers walk-in closets, and a spa-inspired master bathroom with skylights, dry and wet saunas, and a therapeutic jetted tub. The home’s lowest level hosts a private family room with a large ocean view balcony and several bedroom suites. In addition to the main residence, there is an attached, recently renovated apartment unit, with newer finishes, a kitchenette, washer and dryer, private living space, and separate access. On the highest level of the property stands a one-of-a-kind office space with unbelievable ocean views through massive windows. An elevator grants easy access to 3 main levels of the home and the 3-car garage. Ideally located in Arch Beach Heights, this home offers unmatched opportunities to experience the best local hiking and biking trails and Moulton Meadows Park, all while being just minutes away from downtown and world-famous beaches.

Last Agent to Sell the Property

John Stanaland

The Agency License #01223768 Listed on: 10/30/2019

The Agency

Last Buyer's Agent

John Stanaland

The Agency License #01223768 Listed on: 10/30/2019

The Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 7,000 Sq Ft Lot
  • No Landscaping
  • Secluded Lot
  • Level Lot
  • Irregular Lot
  • No Sprinklers
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Direct Access Garage
  • 4 Open Parking Spaces
  • 2 Carport Spaces
  • Second Garage
  • Parking Available
  • Workshop in Garage
  • Parking Deck
  • Three Garage Doors
  • Garage Door Opener
  • Driveway Level
  • Parking Lot

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Bluff
  • Canyon
  • Hills

Home Design

  • Custom Home
  • Contemporary Architecture
  • Mediterranean Architecture
  • Cosmetic Repairs Needed
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Slab Foundation
  • Pre-Cast Concrete Construction
  • Copper Plumbing
  • Plaster
  • Stucco

Interior Spaces

  • 8,096 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Partially Furnished
  • Wired For Sound
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • French Doors
  • Sliding Doors
  • Panel Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room with Attached Deck
  • Dining Room with Fireplace
  • Home Office
  • Library
  • Recreation Room
  • Bonus Room
  • Art Studio
  • Sauna
  • Home Gym
  • Sump Pump

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Self-Cleaning Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Corian Countertops
  • Ceramic Countertops
  • Pots and Pans Drawers
  • Utility Sink
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Dressing Area
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Spa Bath
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Halls are 48 inches wide or more
  • Doors are 32 inches wide or more
  • No Interior Steps
  • More Than Two Accessible Exits
  • Low Pile Carpeting
  • Accessible Parking

Outdoor Features

  • Spa
  • Living Room Balcony
  • Patio
  • Front Porch

Additional Homes

  • Attached Guest House

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • 220 Volts For Spa
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • 220 Volts in Workshop
  • Central Water Heater
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / 22
  • Tax Tract Number 626
  • Assessor Parcel Number 64440218

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Mountainous Community
  • Property is near a ravine

Recreation

  • Park
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • Subdivision Name Other: Arch Beach Heights (ABH)
  • View: Yes
  • Architectural Style: Contemporary, Custom Built, Mediterranean
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64440218
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 8096.00 Square Feet
  • Interior Amenities: In-Law Floorplan, Balcony, Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Ceramic Counters, Copper Plumbing Full, Elevator, High Ceilings, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Pantry, Partially Furnished, Recessed Lighting, Sump Pump, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, 36 Inch Or More Wide Halls, 48 Inch Or More Wide Halls, Low Pile Carpeting, No Interior Steps, Parking
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors, Panel Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Dining Room, Family Room, Wood Burning
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 407.61
  • Room Type: Art Studio, Bonus Room, Dressing Area, Exercise Room, Family Room, Foyer, Great Room, Kitchen, Laundry, Library, Living Room, Master Bathroom, Master Bedroom, Master Suite, Multi-Level Bedroom, Office, Recreation, Retreat, Sauna, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Spa Features: Bath
  • Window Features: Double Pane Windows, Skylight(s), Wood Frames
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom, Double Sinks In Master Bath, Exhaust Fan(s), Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Corian Counters, Kitchen Island, Pots & Pan Drawers, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Block, Pillar/Post/Pier, Slab
  • Other Structures: Guest House Attached, Sauna Private, Second Garage
  • View: Canyon, Catalina, City Lights, Coastline, Hills, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Concrete, Deck, Patio, Front Porch
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Concrete, Glass, Plaster, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport, Deck, Direct Garage Access, Driveway, Concrete, Paved, Driveway Level, Garage - Three Door, Garage Door Opener, Parking Space, Private, Workshop in Garage
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Self Cleaning Oven, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Trash Compactor, Vented Exhaust Fan, Water Heater Central
  • Electric: 220 Volts For Spa, 220 Volts in Garage, 220 Volts in Kitchen, 220 Volts in Laundry, 220 Volts in Workshop
  • Heating Type: Central, Natural Gas, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Stackable
  • Sewer: Other, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Foothills, Hiking, Park, Watersports, Mountainous, Ravine

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Bluff, Sloped Down, Level with Street, Lot 6500-9999, Irregular Lot, No Landscaping, Rocks, Rolling Slope, Secluded, Sprinklers None, Steep Slope
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 22
  • Tax Census Tract: 626.20
  • Tax Lot: 7
  • Tax Tract Number: 626.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2019
Closed on
Dec 31, 2019
Sold by
Mclnnes Coby J and Vivalda Julie M
Bought by
Keith Street Apartments Llc
Seller's Agent
John Stanaland
The Agency
Buyer's Agent
John Stanaland
The Agency
List Price
$3,895,000
Sold Price
$3,300,000
Premium/Discount to List
-$595,000
-15.28%
Current Estimated Value
$6,528,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,228,824
Avg. Annual Appreciation
12.11%
Original Mortgage
$2,145,000
Outstanding Balance
$1,900,288
Interest Rate
3.74%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$4,628,536

Purchase Details

Closed on
Jun 9, 2011
Sold by
Mcinnes John M and Mcinnes Jennie G
Bought by
Mcinnes John M and Mcinnes Jennie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2001
Sold by
Mcinnes John M and Mcinnes Jennie G
Bought by
Mcinnes John M and Mcinnes Jennie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,000
Interest Rate
7.14%

Purchase Details

Closed on
Feb 23, 1994
Sold by
Mcinnes John M and Mcinnes Jennie
Bought by
Mcinnes John M and Mcinnes Jennie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Keith Street Apartments Llc $3,300,000 Ticor Ttl Orange Cnty Branch
Mcinnes John M -- Chicago Title Company
Mcinnes John M -- South Coast Title Company
Mcinnes John M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keith Street Apartments Llc $2,145,000
Previous Owner Mcinnes John M $320,000
Previous Owner Mcinnes John M $466,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2020 02/07/20 Sold $3,300,000 -15.3% $408 / Sq Ft
11/19/2019 11/19/19 Pending -- -- --
10/30/2019 10/30/19 For Sale $3,895,000 -- $481 / 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 $36,928 $3,609,030 $1,795,462 $1,813,568
2024 $36,928 $3,538,265 $1,760,257 $1,778,008
2023 $36,379 $3,468,888 $1,725,742 $1,743,146
2022 $35,636 $3,400,871 $1,691,904 $1,708,967
2021 $34,894 $3,334,188 $1,658,730 $1,675,458
2020 $12,308 $1,120,701 $59,609 $1,061,092
2019 $12,071 $1,098,727 $58,440 $1,040,287
2018 $11,820 $1,077,184 $57,294 $1,019,890
2017 $11,568 $1,056,063 $56,170 $999,893
2016 $11,330 $1,035,356 $55,068 $980,288
2015 $11,140 $1,019,804 $54,240 $965,564
2014 $10,914 $999,828 $53,178 $946,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG19253403

California Regional Multiple Listing Service (CRMLS)

APN: 644-402-18