Seller's Agent in 2024
Cary Glenn
Main Beach Realty
(949) 715-2078
1 in this area
22 Total Sales
1340 Moorea Way Laguna Beach, CA 92651
Mystic Hills NeighborhoodEstimated Value: $3,306,000 - $3,494,000
0.79
Acre
$4,311,994
Price per Acre
34,404
Sq Ft Lot
Highlights
- White Water Ocean Views
- 0.79 Acre Lot
- Cul-De-Sac
- Top Of The World Elementary School Rated A
- No HOA
About This Lot
As of May 2024HUGE PRICE REDUCTION! Don’t miss this once-in-a-lifetime opportunity to own one of the last large buildable lots in Laguna Beach! Located in exclusive and scenic Mystic Hills, this nearly one-acre lot boasts incredible panoramic ocean and coastline views. Stretching street-to-street from Moorea to Skyline, this expansive lot offers over 34,000 sqft of land situated on a calm, private cul-de-sac. architectural plans, designed by renowned architect James Conrad, were recently submitted to the City of Laguna Beach for approval! These amazing plans feature an almost 8,000 square foot home with 6 bedrooms, 8 bathrooms. Additional luxurious details include a large infinity pool with spa, a pickleball court (with room for a full size tennis court), a 4 car garage, and a large home theater. This spectacular lot is close to both Laguna Village and Downtown Laguna Beach which includes large selection of world-renowned restaurants, amazing shopping, stunning art galleries, and world-famous beaches. This estate-sized lot is bursting with potential and is ready for you to make your mark. Come build the home of your dreams!
Last Agent to Sell the Property
Main Beach Realty Brokerage Phone: 949-813-2230 License #01324860 Listed on: 03/13/2022
Last Buyer's Agent
Main Beach Realty Brokerage Phone: 949-813-2230 License #01324860 Listed on: 03/13/2022
Property Details
Property Type
- Land
Est. Annual Taxes
- $20,478
Lot Details
- 0.79 Acre Lot
- Cul-De-Sac
- Density is up to 1 Unit/Acre
- Property is zoned R1
Property Views
- White Water Ocean
- Coastline
- Catalina
- Panoramic
- City Lights
Community Details
- No Home Owners Association
- Mystic Hills Subdivision
Listing and Financial Details
- Assessor Parcel Number 64149104
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2022
Closed on
Apr 30, 2024
Sold by
Zh-Trio Investment Llc
Bought by
Moorea Way Llc
Seller's Agent
Cary Glenn
Main Beach Realty
Buyer's Agent
Cary Glenn
Main Beach Realty
List Price
$4,300,000
Sold Price
$3,400,000
Premium/Discount to List
-$900,000
-20.93%
Total Days on Market
753
Views
181
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
$5,613
Avg. Annual Appreciation
0.15%
Original Mortgage
$2,000,000
Outstanding Balance
$1,980,960
Interest Rate
6.87%
Mortgage Type
Seller Take Back
Estimated Equity
$1,424,653
Purchase Details
Closed on
Jul 13, 2023
Sold by
Trioasis Management Llc
Bought by
Zh-Trio Investment Llc
Purchase Details
Closed on
Jun 13, 2018
Sold by
Zhao Enshan
Bought by
Trioasis Manangement Llc
Purchase Details
Closed on
May 22, 2018
Sold by
Chen Jing
Bought by
Zhao Enshan
Purchase Details
Closed on
Oct 1, 2015
Sold by
Riahi Edward B and Varvan Riahi Sara
Bought by
Zhao Enshan
Purchase Details
Closed on
Jul 14, 2014
Sold by
Riahi Sara Simin Vazvan
Bought by
Riahi Edward B
Purchase Details
Closed on
Jul 11, 2014
Sold by
Zhao Enshan
Bought by
Riahi Edward B
Purchase Details
Listed on
Feb 20, 2012
Closed on
Apr 30, 2012
Sold by
Riahi Edward B
Bought by
Zhao Enshan
Seller's Agent
Sara Vazvan
HomeSmart Evergreen Realty
Buyer's Agent
Charles Lee
Dynasty Enterprise Group
List Price
$1,950,000
Sold Price
$1,580,000
Premium/Discount to List
-$370,000
-18.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Purchase Details
Closed on
Oct 14, 2008
Sold by
Riahi Ed
Bought by
Riahi Edward B
Purchase Details
Closed on
Nov 7, 2003
Sold by
Riahi Sara Simin Vazvan
Bought by
Riahi Ed
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$835,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 15, 2003
Sold by
Kurdoglu Vedat and Kurdoglu Gonul
Bought by
Riahi Ed
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$835,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 11, 1998
Sold by
Phillips John B
Bought by
Kurdoglu Vedat and Kurdoglu Gonul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Moorea Way Llc | $3,400,000 | First American Title Company | |
| Zh-Trio Investment Llc | -- | Orange Coast Title Company | |
| Trioasis Manangement Llc | -- | None Available | |
| Zhao Enshan | -- | None Available | |
| Zhao Enshan | $580,000 | Chicago Title Company | |
| Riahi Edward B | -- | Chicago Title Company | |
| Zhao Enshan | -- | Chicago Title Company | |
| Riahi Edward B | $580,000 | Chicago Title Company | |
| Zhao Enshan | $1,580,000 | First American Title | |
| Riahi Edward B | -- | Chicago Title Company | |
| Riahi Ed | -- | California Title Company | |
| Riahi Ed | $1,287,500 | California Title Company | |
| Kurdoglu Vedat | $571,500 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Moorea Way Llc | $2,000,000 | |
| Previous Owner | Trioasis Management Llc | $1,800,000 | |
| Previous Owner | Riahi Ed | $835,000 | |
| Previous Owner | Kurdoglu Vedat | $375,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2024 05/08/24 | Sold | $3,400,000 | -14.9% | -- |
| 10/13/2023 10/13/23 | Price Changed | $3,995,000 | -7.1% | -- |
| 03/28/2023 03/28/23 | For Sale | $4,300,000 | +26.5% | -- |
| 03/11/2023 03/11/23 | Off Market | $3,400,000 | -- | -- |
| 03/13/2022 03/13/22 | For Sale | $4,300,000 | +172.2% | -- |
| 06/07/2012 06/07/12 | Sold | $1,580,000 | -19.0% | -- |
| 05/24/2012 05/24/12 | Pending | -- | -- | -- |
| 02/20/2012 02/20/12 | For Sale | $1,950,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $20,478 | $1,945,652 | $1,945,652 | -- |
| 2023 | $19,986 | $1,907,502 | $1,907,502 | $0 |
| 2022 | $20,297 | $1,870,100 | $1,870,100 | $0 |
| 2021 | $19,571 | $1,833,432 | $1,833,432 | $0 |
| 2020 | $20,205 | $1,814,633 | $1,814,633 | $0 |
| 2019 | $19,879 | $3,741,870 | $3,741,870 | $0 |
| 2018 | $18,570 | $1,744,169 | $1,744,169 | $0 |
| 2017 | $17,879 | $1,709,970 | $1,709,970 | $0 |
| 2016 | $17,782 | $1,676,442 | $1,676,442 | $0 |
| 2015 | $17,286 | $1,618,916 | $1,618,916 | $0 |
| 2014 | $17,291 | $1,618,916 | $1,618,916 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cary Glenn
-
Chad Concolino
Seller Co-Listing Agent in 2024
Chad Concolino
Main Beach Realty
(949) 739-8968
1 in this area
20 Total Sales
-
Sara Vazvan
Seller's Agent in 2012
Sara Vazvan
HomeSmart Evergreen Realty
(949) 933-4353
27 Total Sales
-
Charles Lee
Buyer's Agent in 2012
Charles Lee
Dynasty Enterprise Group
(949) 232-0828
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG22049152
APN: 641-491-04
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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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