NOT LISTED FOR SALE

Estimated Value: $8,802,000 - $11,814,596

4 Beds
9 Baths
7,119 Sq Ft
$1,359/Sq Ft Est. Value

Last Sold April 16, 2024

Last sale price $11,500,000 $1,615 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $60,739/month

11 Days on Market

Highlights

  • White Water Ocean Views
  • Wine Cellar
  • Above Ground Spa
  • El Morro Elementary School Rated A+
  • Home Theater
  • Ocean Side of Highway 1

About This Home

As of April 2024

Luxury at this level is without compare. Experience timeless elegance, contemporary flair, and unyielding craftsmanship embellish in a stunning custom estate that is at one with 180-degree views of the Pacific Ocean, Catalina Island, and Emerald Bay. Embraced by the gated community’s iconic coastal pines, which date back decades to the early history of the virtually hidden bluff-top enclave, the spectacular residence reveals a commanding street presence that is impressive yet welcoming. Once inside, the home’s connection to the outdoors is evident on every level, with gracious patios and decks offering hidden gardens, sunny rooftop paradise, and sprawling main-level terrace accompanied by unobstructed ocean and bay views. Custom glass and wrought-iron entry doors set the scene, and interior spaces measuring approximately 7,119 SF provide an array of settings for grand-scale entertaining and easy, relaxed living. The open-concept main level showcases a grand foyer with a magnificent floating spiral staircase, great room that opens to the main terrace via glass sliding doors, and fully appointed kitchen with custom wood cabinetry, an island, separate breakfast room with private patio, walk-in pantry, and preferred appliances from Wolf, Fisher & Paykel, Sub-Zero, and Miele. Crowned by a towering cross-loin ceiling, the formal dining room opens to the outdoors via newer Fleetwood French doors. Four ensuite bedrooms and nine baths in a variety of configurations provide comfort for residents and guests, with the primary suite opening to a delightful meditation garden and offering two walk-in closets and a jetted tub. Custom mosaics, wood and stone-tile flooring, globally sourced handcrafted appointments, three fireplaces, newer separate generator, an elevator to all levels, and upgraded AV system are just some of the estate’s countless amenities. On the bedroom level, an inviting wood-paneled study displays a coffered ceiling, custom built-ins, one of the home's four wet bars, temperature-controlled wine cellar, and garden access. Catering to the automotive aficionado, an 11-car garage on the lower level presents boundless opportunities to create the ultimate show garage or entertainment venue. A versatile office is also featured on this level and includes a bath and kitchenette. Ascend to the rooftop deck by stairs or elevator and enjoy a fireplace, newer glass surrounds, newer above-ground spa, built-in BBQ, and dining area surrounded by breathtaking vistas.

Last Agent to Sell the Property

Amy Calvert

Coldwell Banker Realty Brokerage Phone: 949-981-9047 License #01859117 Listed on: 02/26/2024

Coldwell Banker Realty

Co-Listed By

Tim Smith

Coldwell Banker Realty Brokerage Phone: 949-981-9047 License #01346878

Last Buyer's Agent

Sean Flynn

Berkshire Hathaway HomeService License #01858451

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $86,073

Year Built

  • Built in 2002

Lot Details

  • 9,761 Sq Ft Lot
  • Property fronts a private road
  • Landscaped
  • Lawn
  • Back Yard
  • Density is up to 1 Unit/Acre

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 11 Car Direct Access Garage
  • Parking Available
  • Driveway Down Slope From Street

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic

Home Design

  • Planned Development

Interior Spaces

  • 7,119 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Wainscoting
  • Coffered Ceiling
  • Brick Wall or Ceiling
  • High Ceiling
  • Recessed Lighting
  • Plantation Shutters
  • Custom Window Coverings
  • Double Door Entry
  • French Doors
  • Wine Cellar
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room with Fireplace
  • Home Theater
  • Home Office
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Closet In Bathroom

Outdoor Features

  • Above Ground Spa
  • Ocean Side of Highway 1
  • Stone Porch or Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity
  • Water Purifier

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 13988
  • Assessor Parcel Number 05330150

Community Details

Overview

  • Smithcliffs Association, Phone Number (714) 508-9070
  • Smithcliffs Subdivision

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$86,073

Year Built

Built in 2002

Lot Details

0

HOA Fees

$600 per month

Parking

11

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 949.919.5899
  • Other Phone Description: Showings
  • Other Phone Number: 949.919.5899
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Gated Community
  • Subdivision Name Other: Smithcliffs (SMC)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05330150
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7119.00 Square Feet
  • Interior Amenities: Brick Walls, Built-in Features, Coffered Ceiling(s), Elevator, Granite Counters, High Ceilings, Living Room Deck Attached, Pantry, Recessed Lighting, Wainscoting, Wet Bar
  • Stories: 3
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Dining Room, Living Room, Primary Bedroom, Outside
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1615.40
  • Room Type: Formal Entry, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Media Room, Office, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private, Above Ground
  • Window Features: Custom Covering, Plantation Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Primary Bath, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Lighting
  • View: Coastline, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Deck, Roof Top, Stone
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 11.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Driveway Down Slope From Street, Garage, Oversized
  • Total Parking Spaces: 11.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Freezer, Gas Oven, Gas Cooktop, Microwave, Refrigerator, Trash Compactor, Water Purifier
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access
  • Association Fee: 600.00
  • Association Fee Frequency: Monthly
  • Association Name: Smithcliffs
  • Phone: 714.508.9070
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs
  • Association Management: Smithcliffs

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Landscaped, Lawn
  • Lot Size Sq Ft: 9761.00
  • Lot Size Acres: 0.2241

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9761.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 626.56
  • Tax Lot: 14
  • Tax Tract Number: 13988

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Mar 13, 2024
Sold by
Hanson Family Trust and Hanson Dan A
Bought by
Sterling Harold and Sterling Leslie
Seller's Agent
Amy Calvert
Coldwell Banker Realty
Buyer's Agent
Sean Flynn
Berkshire Hathaway HomeService
List Price
$11,750,000
Sold Price
$11,500,000
Premium/Discount to List
-$250,000
-2.13%
Views
53
Current Estimated Value
$9,673,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,826,101
Avg. Annual Appreciation
-12.37%
Original Mortgage
$6,900,000
Interest Rate
8.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2020
Closed on
Sep 29, 2020
Sold by
Meltzer Peter T and Meltzer Carol
Bought by
Hanson Dan A and Hanson Durene
Seller's Agent
John Stanaland
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Buyer's Agent
Tim Smith
Coldwell Banker Realty
List Price
$9,350,000
Sold Price
$7,900,000
Premium/Discount to List
-$1,450,000
-15.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.16%
Original Mortgage
$4,950,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2011
Sold by
Meltzer Peter T and Meltzer Carole
Bought by
Meltzer Peter T and Meltzer Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,925,000
Interest Rate
4.37%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 29, 2010
Sold by
Naritoku Lori N
Bought by
Meltzer Peter T and Meltzer Carole

Purchase Details

Closed on
Sep 10, 2007
Sold by
North Laguna Land Co
Bought by
Naritoku Lori N

Purchase Details

Closed on
May 5, 2004
Sold by
Naritoku George
Bought by
Naritoku Lori N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2004
Sold by
Naritoku Lori
Bought by
Naritoku George and Naritoku Lori N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2001
Sold by
Mishima Akihiro
Bought by
Naritoku Lori N
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sterling Harold $11,500,000 Chicago Title Company
Hanson Dan A $7,900,000 Wfg National Title Company
Meltzer Peter T -- Placer Title Company
Meltzer Peter T $6,300,000 Ticor Title Orange Branch
Naritoku Lori N -- Accommodation
Naritoku Lori N -- --
Naritoku George -- North American Title Co
Naritoku Lori N -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sterling Harold $6,860,000
Closed Sterling Harold $6,900,000
Previous Owner Hanson Dan A $4,950,000
Previous Owner Meltzer Peter T $1,999,999
Previous Owner Meltzer Peter T $8,925,000
Previous Owner Naritoku Lori N $3,231,786
Previous Owner Naritoku Lori N $2,500,000
Previous Owner Naritoku George $170,000
Previous Owner Naritoku Lori $300,000
Previous Owner Naritoku Lori N $1,200,000
Previous Owner Mishima Akihiro $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Sold $11,500,000 -2.1% $1,615 / Sq Ft
02/26/2024 02/26/24 For Sale $11,750,000 +48.7% $1,651 / Sq Ft
09/30/2020 09/30/20 Sold $7,900,000 -15.5% $1,095 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $9,350,000 -- $1,296 / Sq Ft
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 $86,073 $8,383,543 $6,252,038 $2,131,505
2023 $84,396 $8,219,160 $6,129,449 $2,089,711
2022 $82,751 $8,058,000 $6,009,263 $2,048,737
2021 $81,177 $7,900,000 $5,891,434 $2,008,566
2020 $76,391 $7,435,858 $5,475,716 $1,960,142
2019 $75,056 $7,290,057 $5,368,349 $1,921,708
2018 $73,583 $7,147,115 $5,263,087 $1,884,028
2017 $72,122 $7,006,976 $5,159,889 $1,847,087
2016 $70,748 $6,869,585 $5,058,715 $1,810,870
2015 $69,680 $6,766,398 $4,982,728 $1,783,670
2014 $68,346 $6,633,854 $4,885,123 $1,748,731
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24036074

California Regional Multiple Listing Service (CRMLS)

APN: 053-301-50