NOT LISTED FOR SALE

Estimated Value: $12,644,283

7 Beds
9 Baths
10,468 Sq Ft
$1,208/Sq Ft Est. Value

Sale Details

Date Sold: October 18, 2018

Last sale price $10,286,000 $983 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $80,364 / mo

61 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Primary Bedroom Suite
  • Gated with Attendant
  • Private Pool
  • 22,888 Sq Ft lot

About This Home

As of October 2018

Nestled on the front row in the Newport Coast private gated community of Pelican Hill this recently updated custom estate is the true definition of southern California coastal resort living at its finest. With over 10,400 sqft of living space on a 22,800+ sqft lot this 7 Bedroom, 7/2 bathroom residence has sweeping views of coastal vistas from the Pacific Ocean’s endless horizon, through the Pelican Hill Resort golf courses, stretching all the way down the coastline with Catalina and year-round sunsets in the back drop. No detail was overlooked in this custom estate, from the craftsmanship in bespoke woodwork, cabinetry, and masonry throughout to the, cinematic projection theater, central open air courtyard with fireplace, subterranean garage, billiards rooms with bar, executive ocean facing office, and gourmet Carrera marble clad chef’s kitchen. Once outside you can bask in the unobstructed 180-degree ocean views accompanied with saline pool, Jacuzzi, covered BBQ Pavilion, fountains, fireplaces, loggias, with landscapes and hardscapes reminiscent of the French Countryside.

Last Agent to Sell the Property

Rex Mckown

Compass License #01275953 Listed on: 04/25/2018

Compass

Co-Listed By

Marcy Weinstein

Compass License #01094198

Last Buyer's Agent

Grace Hsiung

Bobohomes Realty License #01276227

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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 22,888 Sq Ft Lot
  • Cul-De-Sac

HOA Fees

  • $819 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Coastline
  • Golf Course
  • Canyon

Home Design

  • Mediterranean Architecture
  • Turnkey

Interior Spaces

  • 10,468 Sq Ft Home
  • Open Floorplan
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Theater
  • Home Office
  • Bonus Room
  • Game Room
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Stone Bathroom Countertops
  • Soaking Tub
  • Walk-in Shower

Pool

  • Private Pool
  • Spa

Additional Features

  • Outdoor Grill
  • Suburban Location
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Tax Lot 100
  • Tax Tract Number 14065
  • Assessor Parcel Number 47306159

Community Details

Overview

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

Additional Features

  • Laundry Facilities
  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0.53 Acres

HOA Fees

$819 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Gated Community, Gated with Guard
  • Subdivision Name Other: Pelican Hill (NCPH)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47306159
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 10468.00 Square Feet
  • Interior Amenities: Open Floorplan, Stone Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 982.61
  • Room Type: Bonus Room, Entry, Family Room, Game Room, Home Theatre, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Office, Walk-In Closet
  • Spa Features: Private
  • Bathroom Features: Soaking Tub, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Stone Counters, Utility Sink

Exterior Features

  • Exterior Features: Barbecue Private
  • View: Canyon, Coastline, Golf Course, Ocean
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Microwave
  • Heating Type: Zoned, Forced Air
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly
  • Association Fee: 819.00
  • Association Fee Frequency: Monthly
  • Association Name: First Service Residential
  • Phone: 800-428-5588
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 22888.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 100
  • Tax Tract Number: 14065

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2018
Closed on
Oct 2, 2018
Sold by
Bought by
Seller's Agent
Rex Mckown
Compass
Buyer's Agent
Grace Hsiung
Bobohomes Realty
List Price
$11,500,000
Sold Price
$10,286,000
Premium/Discount to List
-$1,214,000
-10.56%
Current Estimated Value
$12,644,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,358,283
Avg. Annual Appreciation
2.67%
Original Mortgage
$4,000,000
Outstanding Balance
$3,415,148
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$9,229,135

Purchase Details

Closed on
Mar 8, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,456,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 15, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,456,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 6, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,060,000
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 23, 2002
Sold by
Bought by

Purchase Details

Closed on
May 10, 1996
Sold by
Bought by

Purchase Details

Closed on
Mar 7, 1994
Sold by
Bought by

Purchase Details

Closed on
Mar 12, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$10,286,000 Lawyers Title
-- Ticor Title
-- None Available
-- Old Republic Title Company
$1,585,000 Stewart Title
$850,000 Orange Coast Title
$875,000 Guardian Title Company
-- First American Title Insuran
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $4,000,000
Previous Owner $5,456,000
Previous Owner $5,060,000
Previous Owner $2,000,000
Previous Owner $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/18/2018 10/18/18 Sold $10,286,000 -10.6% $983 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $11,500,000 -- $1,099 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $120,586 $11,474,227 $6,662,122 $4,812,105
2024 $120,586 $11,249,243 $6,531,493 $4,717,750
2023 $117,864 $11,028,670 $6,403,424 $4,625,246
2022 $115,922 $10,812,422 $6,277,867 $4,534,555
2021 $113,206 $10,600,414 $6,154,771 $4,445,643
2020 $112,709 $10,491,720 $6,091,661 $4,400,059
2019 $110,539 $10,286,000 $5,972,216 $4,313,784
2018 $45,886 $4,261,584 $1,615,987 $2,645,597
2017 $46,087 $4,178,024 $1,584,301 $2,593,723
2016 $47,382 $4,096,102 $1,553,236 $2,542,866
2015 $47,029 $4,034,575 $1,529,905 $2,504,670
2014 $45,941 $3,955,544 $1,499,937 $2,455,607
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18095716

California Regional Multiple Listing Service (CRMLS)

APN: 473-061-59

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