$12,050,000
SOLD OCT 9, 2020

15 Coral Cove Way Dana Point, CA 92629

5 Beds
8 Baths
7,915 Sq Ft
0.29 Acres

Recently Sold

$1,522 Per Sq Ft

2% Above List Price

523 Days on Market

Highlights

  • White Water Ocean Views
  • Beach Access
  • Home Theater
  • Marco Forster Middle School Rated A-
  • 24-Hour Security
  • New Construction

About This Home

As of October 2020

Carefully positioned on a hillside homesite to provide maximum enjoyment of its premium ocean and coastline views, this exceptional custom estate at the guard-gated community of The Strand at Headlands redefines contemporary seaside living. Anticipated to be complete in July 2020, the architectural showplace blends the warmth of woods and other natural elements with the drama of high ceilings, vast living spaces, and state-of-the-art finishes, appointments and behind-the-scenes systems. Reflecting the sought-after talents of Brandon Architects, the three-level estate encompasses approx. 7,915 s.f. and features 5 ensuite bedrooms, 6 full and 2 half baths, an office/ den and a split 4-car garage. Introduced by an outdoor bridge, the stunning foyer leads to a vast open space with high ceiling that includes a formal dining area, great room with glass pocket doors to the rear terrace, and an oversized gourmet kitchen with island, bar seating, walk-in storage pantry, top-of-the-line appliances, and a grand-scale butler pantry/catering kitchen. This main level also boasts a five-star master suite with enormous walk-in closet, a spa tub, and pocket doors to a sun deck. The top level hosts two separate bedroom suites, and the subterranean floor is an entertainer’s dream complete with a grand lounge, pub bar, custom home theater, a private grotto, media room, and a gym with sauna. Breathtaking ocean and sunset views enhance a terrace with infinity pool, spa and fire pit.

Last Agent to Sell the Property

Arlen Raubach

Compass License #01890023 Listed on: 02/14/2019

Compass

Last Buyer's Agent

Erika Schaefer

Douglas Elliman License #01975154

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $158,784

Year Built

  • Built in 2020 | New Construction

Lot Details

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

HOA Fees

  • $1,234 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Parking Available

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Planned Development

Interior Spaces

  • 7,915 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • High Ceiling
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Sauna
  • Home Gym
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Butlers Pantry
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Separate Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Beach Access
  • Ocean Side of Highway 1
  • Deck
  • Covered patio or porch
  • Fire Pit
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • Firstservice Residential Association, Phone Number (800) 428-5588

Amenities

  • Community Fire Pit
  • Sauna

Recreation

  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$158,784

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$1,234 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Gated Community, Gated with Guard
  • Subdivision Name Other: The Strand at Headlands (STRN)
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67259313
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 7915.00 Square Feet
  • Interior Amenities: Built-in Features, High Ceilings, Open Floorplan, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: In Kitchen, Separated
  • Fireplace Features: Living Room, Master Bedroom, Fire Pit
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1522.43
  • Room Type: Exercise Room, Home Theatre, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Office, Sauna
  • Spa Features: Private, Heated, In Ground
  • Bathroom Features: Separate Tub And Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Stone Counters, Walk-In Pantry
  • Basement: Finished

Exterior Features

  • Patio: Yes
  • View: City Lights, Coastline, Ocean, Panoramic, White Water
  • Patio And Porch Features: Covered, Deck, Stone
  • Pool Features: Private, In Ground, Salt Water
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator, Tankless Water Heater
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Fire Pit
  • Association Fee: 1234.00
  • Association Fee Frequency: Monthly
  • Association Name: FirstService Residential
  • Phone: 800-428-5588
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Gutters, Storm Drains, Street Lights

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 12737.00
  • Lot Size Acres: 0.2924

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12737.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Side Of Highway 1

Tax Info

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

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
Current Estimated Value
$11,743,352

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
Douglas Elliman
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
-1.82%
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%
Source: Public Records

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Range of Values:

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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 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
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

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19033953

California Regional Multiple Listing Service (CRMLS)

APN: 672-593-13