$3,000,000
SOLD MAR 19, 2018

15 Coral Cove Way Dana Point, CA 92629

0.29 Acre
$10,259,872 Price per Acre
12,737 Sq Ft Lot

Recently Sold

17% Below List Price

190 Days on Market

Highlights

  • White Water Ocean Views
  • Ocean Side of Highway 1
  • 12,737 Sq Ft lot
  • Marco Forster Middle School Rated A-

About This Lot

As of October 2020

Your private piece of paradise awaits in this 12,700+ sq. ft. lot situated at The Strand at Headlands. Panoramic views of the sea, Catalina Island, and California coastline surround this incredible homesite located at the elevated, southern end of The Strand. One of the last available undeveloped oceanfront communities in all of Southern California, The Strand at Headlands offers approximately 1.5 miles of white sand beach and is exclusive to only 118 homes. Secured with 24-hour guarded gates, and enriched with The Strand’s lavish beach club with pool, ocean view fitness center, private lockers and dining, this private enclave is a cut above the rest. Ideally positioned between San Clemente and Laguna Beach, just south of The Ritz Carlton, The Strand offers an unrivaled location close to world-class shopping, dining, surfing and boating.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878

Coldwell Banker Realty

Last Buyer's Agent

Arlen Raubach

Compass License #01890023

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $158,784

Year Built

  • 2019

Lot Details

  • 0.29 Acre Lot
  • Property is zoned R1

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • City Lights

Listing and Financial Details

  • Tax Lot 87
  • Tax Tract Number 16331
  • Assessor Parcel Number 67259313

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Ocean Side of Highway 1

Property Details

Property Type

Land

Est. Annual Taxes

$158,784

Year Built

2019

Lot Details

0

Listing Details

  • Subdivision Name Other: The Strand at Headlands (STRN)
  • View: Yes
  • Zoning: R1
  • Property Type: Land
  • Parcel Number: 67259313
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2019

Interior Features

  • Price Per Square Foot: 235.53

Exterior Features

  • View: Catalina, City Lights, Coastline, Ocean, Water, White Water

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 12737.00

Tax Info

  • Tax Census Tract: 423.23
  • Tax Lot: 87
  • Tax Tract Number: 16331

Multi Family

  • Waterfront Features: Ocean Side Of Highway 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2024
Sold by
Porter Nicolas and Porter Nicole
Bought by
Michael A George Revocable Trust and Amy K George Revocable Trust
Total Days on Market
190
Current Estimated Value
$11,064,989

Purchase Details

Listed on
Feb 14, 2019
Closed on
Sep 15, 2020
Sold by
1517 Coral Cove Llc
Bought by
Porter Nicolas and Porter Nicole
Seller's Agent
Arlen Raubach
Compass
Buyer's Agent
Erika Schaefer
List Price
$11,850,000
Sold Price
$12,050,000
Premium/Discount to List
$200,000
1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.84%
Original Mortgage
$7,832,500
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 3, 2017
Closed on
Mar 15, 2018
Sold by
15 Coral Cove Way Llc
Bought by
1517 Coral Cove Llc
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Arlen Raubach
Compass
List Price
$3,599,000
Sold Price
$3,000,000
Premium/Discount to List
-$599,000
-16.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.14%
Original Mortgage
$1,500,000
Interest Rate
4.22%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 5, 2015
Closed on
Sep 4, 2015
Sold by
Headlands Reserve Llc
Bought by
15 Coral Cove Way Llc
Seller's Agent
Jeffrey Golden
Coldwell Banker Realty
Buyer's Agent
Jeffrey Golden
Coldwell Banker Realty
List Price
$3,950,000
Sold Price
$3,450,000
Premium/Discount to List
-$500,000
-12.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.46%

Map

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 Type Sale Price Title Company
Grant Deed $15,700,000 First American Title Company
Grant Deed $12,050,000 Stewart Title Of Ca Inc
Grant Deed $3,000,000 None Available
Grant Deed $3,450,000 First American Title Hsd
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $7,832,500 New Conventional
Previous Owner $0 Assumption
Previous Owner $6,325,000 Construction
Previous Owner $1,500,000 Commercial
Previous Owner $2,030,000 Commercial
Closed $0 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $12,050,000 -5.9% $1,522 / Sq Ft
06/05/2020 06/05/20 Price Changed $12,800,000 +8.0% $1,617 / Sq Ft
02/14/2019 02/14/19 For Sale $11,850,000 +295.0% $1,497 / Sq Ft
03/19/2018 03/19/18 Sold $3,000,000 -16.6% --
02/09/2018 02/09/18 Pending -- -- --
08/03/2017 08/03/17 For Sale $3,599,000 +4.3% --
09/23/2015 09/23/15 Sold $3,450,000 -12.7% --
09/05/2015 09/05/15 Pending -- -- --
09/05/2015 09/05/15 For Sale $3,950,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $158,784 $12,787,556 $9,024,634 $3,762,922
2023 $154,898 $12,536,820 $8,847,680 $3,689,140
2022 $152,125 $12,291,000 $8,674,196 $3,616,804
2021 $151,861 $12,050,000 $8,504,113 $3,545,887
2020 $69,984 $4,095,754 $3,121,200 $974,554
2019 $59,418 $3,060,000 $3,060,000 $0
2018 $64,683 $3,589,380 $3,589,380 $0
2017 $63,903 $3,519,000 $3,519,000 $0
2016 $63,244 $3,450,000 $3,450,000 $0
2015 $33,283 $495,293 $495,293 $0
2014 $30,473 $485,591 $485,591 $0
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17178353

California Regional Multiple Listing Service (CRMLS)

APN: 672-593-13