Seller's Agent in 2023
John Cain
Pacific Sothebys
(714) 655-8940
4 in this area
214 Total Sales
Estimated Value: $6,812,000 - $8,177,000
This stunning, newly-constructed, custom home embodies the epitome of the Newport Beach lifestyle, where lazy days are spent soaking up the sun with warm sand and pounding surf just steps away as passionate surfers navigate The Wedge or experiencing ocean sunsets and city lights from your private roof top deck. Whether you're a passionate surfer, or simply someone who appreciates the finer things in life, this property offers the indescribable experience of living beachside. Step into this stunning 3,789 s.f. +/- home, with 5 bedrooms & 5.5 bathrooms, and be transported to a world of next-level comfort and style. Salt air breezes flow into an open living room with 11’ ceilings, with La Cantina bi-fold doors linking to an outdoor living space with a fire pit, and a private patio with water feature. Custom home audio creates the soundtrack for a social space, and luxe touches include wide-plank European oak floors, custom cabinets, and a Control 4 System that manages everything from lights to AC. Dramatic stone surfaces create a striking kitchen, and a waterfall quartz-topped island is a place to unwind with a premium vintage from the 106-bottle temperature controlled wine room. Thermador appliances include a 6-burner range with grill & dual ovens, a wine chiller, and a paneled refrigerator. The main floor is completed by a guest powder room, elevator, and mudroom linked to the 2-car garage & carport. The second floor is a blissful retreat, where three gorgeous guest rooms feature ensuite baths appointed with on-trend custom tile, and laundry room. A stunning master bedroom is accentuated with a wood slat wall, 11’ backlit tray ceiling, and a walk-in closet with glass doors that are just waiting to showcase luxury labels. The impressive ensuite is indulgent, with a steam shower, soaking tub, and high-end stone surfaces. The 3rd floor has the feel of a luxury treehouse, with a full bathroom creating the option for a 5th bedroom. A wet bar with a wine cooler and refrigerator makes entertaining a breeze, while two private decks offer panoramic views that stretch across city lights and bays that drift out to the ocean. Step out to the BBQ kitchen and grill while the sun sets or cozy up next to the outdoor fireplace. Additional features include solar panels, a car-charger-ready garage, outdoor shower, and a location that offers a wide alley for an easy trip to spectacular dining & shopping on the Balboa Peninsula, Balboa Island, and greater Newport Beach.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01467294 Listed on: 02/22/2023
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mandell Living Trust | $7,300,000 | Ticor Title Company | |
| Walker Michael W | -- | Chicago Title | |
| 1508 Ocean Llc | $2,500,000 | Chicago Title | |
| Walker Michael W | -- | None Available | |
| Walker Darline R | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 1508 Ocean Llc | $1,875,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/20/2023 07/20/23 | Sold | $7,300,000 | -8.7% | $1,927 / Sq Ft | |
| 06/29/2023 06/29/23 | Pending | -- | -- | -- | |
| 03/02/2023 03/02/23 | For Sale | $7,995,000 | +219.8% | $2,110 / Sq Ft | |
| 03/18/2021 03/18/21 | Sold | $2,500,000 | 0.0% | $1,978 / Sq Ft | View Prior Sale |
| 02/04/2021 02/04/21 | Pending | -- | -- | -- | |
| 01/26/2021 01/26/21 | Price Changed | $2,500,000 | 0.0% | $1,978 / Sq Ft | |
| 01/26/2021 01/26/21 | For Sale | $2,500,000 | -7.4% | $1,978 / Sq Ft | |
| 12/27/2020 12/27/20 | Pending | -- | -- | -- | |
| 11/05/2020 11/05/20 | For Sale | $2,700,000 | -- | $2,136 / Sq Ft |
| 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 | $35,799 | $3,469,902 | $2,499,045 | $970,857 |
| 2024 | $35,799 | $3,371,865 | $2,450,044 | $921,821 |
| 2023 | $37,428 | $3,469,977 | $2,534,995 | $934,982 |
| 2022 | $27,968 | $2,550,000 | $2,485,290 | $64,710 |
| 2021 | $2,477 | $108,275 | $67,959 | $40,316 |
| 2020 | $2,464 | $107,165 | $67,262 | $39,903 |
| 2019 | $2,458 | $105,064 | $65,943 | $39,121 |
| 2018 | $2,569 | $103,004 | $64,650 | $38,354 |
| 2017 | $2,494 | $100,985 | $63,383 | $37,602 |
| 2016 | $2,449 | $99,005 | $62,140 | $36,865 |
| 2015 | $2,514 | $97,518 | $61,206 | $36,312 |
| 2014 | $2,477 | $95,608 | $60,007 | $35,601 |
Seller's Agent in 2023
John Cain
Pacific Sothebys
(714) 655-8940
4 in this area
214 Total Sales
Buyer's Agent in 2023
Brian Johnson
Coldwell Banker Realty
(949) 939-8000
1 in this area
30 Total Sales
Seller's Agent in 2021
Lourdes Abouchouche
Realty One Group West
(714) 345-4559
15 Total Sales
R
Buyer's Agent in 2021
Reza Moalej
Reza Moalej
(310) 926-2290
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23024431
APN: 048-201-41
Ask me questions while you tour the home.