Seller's Agent in 2024
Rex Mckown
Compass
(949) 689-5018
4 in this area
56 Total Sales
15 Cypress Point Ln Newport Beach, CA 92660
Big Canyon Neighborhood
5
Beds
5.5
Baths
8,210
Sq Ft
0.29
Acres
Highlights
- Golf Course Community
- In Ground Pool
- Fireplace in Primary Bedroom
- Abraham Lincoln Elementary School Rated A
- View of Trees or Woods
- Main Floor Primary Bedroom
About This Home
As of November 2024Nestled within the gated and patrolled country club enclave of Big Canyon in Newport Beach, this exquisite neo Country French estate graces a highly sought-after peninsula parcel providing privacy and serenity. Emanating timeless elegance, this residence boasts a seamless blend of sophistication and functionality across its expansive floorplan. A sanctuary of refined living, the main level master suite exudes opulence with its generous proportions, adorned fireplace, and sumptuous ensuite bath, while providing effortless access to the serene outdoors. The heart of this home lies within its epicurean kitchen, showcasing dual center islands, premium appliances, and a walk-in pantry, catering to the culinary connoisseur. Adjacent, the expansive informal living room, adorned with an imported hand-carved Mahogany fireplace, offers an inviting space for relaxation and entertainment. Enhancing the allure of this estate is its seamless integration with the breathtaking outdoors. Enveloped by mature trees and manicured landscaping, the expansive backyard oasis beckons with a tranquil pool, rejuvenating spa, and al fresco dining area with a BBQ area, ideal for hosting gatherings amidst the California sunshine. Further elevating its appeal is the proximity to an array of world-class amenities that define the Newport Beach lifestyle. From upscale boutiques to acclaimed dining establishments, pristine beaches to scenic hiking trails, and renowned golf courses to convenient airport access, every indulgence and convenience awaits just moments from your doorstep. With its impeccable craftsmanship, timeless design elements, and unparalleled location, this distinguished residence offers an extraordinary opportunity to experience the epitome of coastal luxury living in Newport Beach.
Last Agent to Sell the Property
Compass Brokerage Phone: 949-689-5018 License #01275953 Listed on: 08/02/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $54,679
Year Built
- Built in 1997
Lot Details
- 0.29 Acre Lot
- Corner Lot
- Density is up to 1 Unit/Acre
HOA Fees
Parking
- 3 Car Attached Garage
- Parking Available
- Three Garage Doors
Home Design
- Entry on the 1st floor
- Planned Development
Interior Spaces
- 8,210 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Living Room
- Library with Fireplace
- Bonus Room
- Views of Woods
Kitchen
- Eat-In Kitchen
- Double Oven
- Six Burner Stove
- Microwave
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- In Ground Pool
- In Ground Spa
- Gas Heated Pool
Outdoor Features
- Exterior Lighting
- Rain Gutters
Additional Features
- Suburban Location
- Central Air
Listing and Financial Details
- Tax Lot 9
- Tax Tract Number 7223
- Assessor Parcel Number 44213116
Community Details
Overview
- Big Canyon Association, Phone Number (949) 855-1800
- Seebreeze Association, Phone Number (949) 855-1800
- Big Canyon Custom Subdivision
Recreation
- Golf Course Community
- Community Pool
- Community Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 2, 2024
Closed on
Nov 18, 2024
Sold by
Fraser Family Trust and Fraser Roy I
Bought by
Ebrahim Abe Kaabipour And Shahla Kaabipour Re and Kaabipour
Seller's Agent
Rex Mckown
Compass
Buyer's Agent
Abe Kaabipour
AK Associates
List Price
$9,495,000
Sold Price
$8,250,000
Premium/Discount to List
-$1,245,000
-13.11%
Views
69
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
$927,773
Avg. Annual Appreciation
13.36%
Purchase Details
Listed on
Jan 22, 2018
Closed on
Jan 9, 2018
Sold by
Drislane Dennis G and Drislane Sarah L
Bought by
Fraser Roy I and Fraser Diane P
Seller's Agent
Lindsay Bibb
Cypress Cove Real Estate
Buyer's Agent
Rex Mckown
Compass
List Price
$4,999,000
Sold Price
$4,631,250
Premium/Discount to List
-$367,750
-7.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%
Purchase Details
Closed on
May 1, 2013
Sold by
Drislane Dennis G and Drislane Sarah L
Bought by
Drislane Dennis G and Drislane Sarah L
Purchase Details
Closed on
Apr 28, 2000
Sold by
Dennis Rustigian and Dennis Roslyn
Bought by
Drislane Dennis G and Drislane Sarah L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
8.22%
Purchase Details
Closed on
Dec 30, 1996
Sold by
Azzalino William J and Barr Frumi R Trustee
Bought by
Rustigian Dennis and Rustigian Roslyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
5.75%
Purchase Details
Closed on
Aug 14, 1995
Sold by
Azzalino William J and Azzalino Frumi
Bought by
Azzalino William J and Barr Frumi R
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $8,250,000 | Lawyers Title | |
| Grant Deed | $8,250,000 | Lawyers Title | |
| Grant Deed | $4,631,500 | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $3,225,000 | Guardian Title Company | |
| Grant Deed | $775,000 | Fidelity National Title Ins | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,000,000 | No Value Available | |
| Previous Owner | $620,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/25/2024 11/25/24 | Sold | $8,250,000 | -8.3% | $1,005 / Sq Ft | |
| 11/06/2024 11/06/24 | Pending | -- | -- | -- | |
| 10/08/2024 10/08/24 | Price Changed | $8,999,999 | -5.2% | $1,096 / Sq Ft | |
| 08/02/2024 08/02/24 | For Sale | $9,495,000 | +105.0% | $1,157 / Sq Ft | |
| 01/22/2018 01/22/18 | Sold | $4,631,250 | -7.4% | $642 / Sq Ft | View Prior Sale |
| 01/22/2018 01/22/18 | Pending | -- | -- | -- | |
| 01/22/2018 01/22/18 | For Sale | $4,999,000 | -- | $693 / Sq Ft |
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 |
|---|---|---|---|---|
| 2025 | $54,679 | $8,250,000 | $6,917,997 | $1,332,003 |
| 2024 | $54,679 | $5,166,245 | $3,947,673 | $1,218,572 |
| 2023 | $53,403 | $5,064,947 | $3,870,268 | $1,194,679 |
| 2022 | $52,522 | $4,965,635 | $3,794,381 | $1,171,254 |
| 2021 | $51,511 | $4,868,270 | $3,719,981 | $1,148,289 |
| 2020 | $51,017 | $4,818,352 | $3,681,837 | $1,136,515 |
| 2019 | $49,950 | $4,723,875 | $3,609,644 | $1,114,231 |
| 2018 | $45,919 | $4,342,849 | $3,453,988 | $888,861 |
| 2017 | $45,104 | $4,257,696 | $3,386,263 | $871,433 |
| 2016 | $44,085 | $4,174,212 | $3,319,865 | $854,347 |
| 2015 | $43,672 | $4,111,512 | $3,269,998 | $841,514 |
| 2014 | $42,640 | $4,030,974 | $3,205,944 | $825,030 |
Source: Public Records
Agents Affiliated with this Home
-
Rex Mckown
-
Marcy Weinstein
Seller Co-Listing Agent in 2024
Marcy Weinstein
Compass
(949) 689-3550
3 in this area
40 Total Sales
-
Abe Kaabipour
A
Buyer's Agent in 2024
Abe Kaabipour
AK Associates
(408) 355-0500
1 in this area
9 Total Sales
-
Lindsay Bibb
Seller's Agent in 2018
Lindsay Bibb
Cypress Cove Real Estate
(949) 698-1300
11 in this area
19 Total Sales
-
Natalie Raney
Seller Co-Listing Agent in 2018
Natalie Raney
Cypress Cove Real Estate
(949) 698-1256
11 in this area
19 Total Sales
-
Eric Neff
Buyer Co-Listing Agent in 2018
Eric Neff
Compass
(949) 500-7119
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP24159213
APN: 442-131-16
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