NOT LISTED FOR SALE

Estimated Value: $8,021,000 - $47,677,812

5 Beds
5 Baths
3,920 Sq Ft
$7,104/Sq Ft Est. Value

Sale Details

Date Sold: February 15, 2018

Last sale price $23,000,000 $5,867 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $189,911 / mo

316 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Spa
  • El Morro Elementary School Rated A+
  • Property has ocean access
  • Ocean Side of Highway 1

About This Home

As of February 2018

This oceanfront estate parcel is on the sand in the esteemed private community of Emerald Bay. Held in the same family since 1932, ‘EL PARADOR’ presents a rare opportunity to buy the “best of the best” as the original owner had her choice of most any position on this scenic cove. The current offering was assembled in a recent merger of the original lot #156 with a substantial portion of the former lot #120, creating the newly expanded parcel #156; now the single largest on the oceanfront in all of Emerald Bay. It features a private beach area with almost 70’ of frontage at the quiet western end of the cove, as well as a sand-front cabana and large entertaining terrace. The existing, 1930’s California colonial style home serves as a comfortable beach getaway. Alternatively, one could build new and create a home of 13,000 square feet or larger, with an oceanfront swimming pool, and direct walk-out-on-the-sand access from a beachfront cabana and terrace. The gently sloping topography will allow for an exceptionally livable new plan with all floors taking in ocean views. Street to street access allows for an oversized multi-car subterranean garage. The cove, coastline, ocean and nightlight views are beyond compare, as is this irreplaceable opportunity.

Last Agent to Sell the Property

Robert Giem

Plus Real Estate License #01082750 Listed on: 02/02/2017

Last Buyer's Agent

Robert Giem

Plus Real Estate License #01082750 Listed on: 02/02/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1932

Lot Details

  • 22,545 Sq Ft Lot
  • Beach Front

HOA Fees

  • $590 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Bluff
  • Hills
  • Rock

Interior Spaces

  • 3,920 Sq Ft Home
  • Entryway
  • Separate Family Room
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters
  • 5 Full Bathrooms

Outdoor Features

  • Spa
  • Property has ocean access
  • Ocean Side of Highway 1
  • Exterior Lighting

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 975
  • Assessor Parcel Number 05305003

Community Details

Overview

  • Emerald Bay Association

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 1932

Lot Details

0.52 Acres

HOA Fees

$590 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05305003
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3920.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 5867.35
  • Room Type: Entry, Family Room, Guest/Maid's Quarters, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, Separate Family Room
  • Spa Features: Association

Exterior Features

  • View: City Lights, Coastline, Hills, Ocean, Panoramic, Rocks, Water, White Water
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available, Sewer Connected
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 590.00
  • Association Fee Frequency: Monthly
  • Association Name: Emerald Bay
  • Phone: 1111111111
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Bluff
  • Lot Size Sq Ft: 22545.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 26
  • Tax Tract Number: 975

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

Closed on
Sep 3, 2025
Sold by
Bought by
Current Estimated Value
$27,849,406

Purchase Details

Closed on
Aug 23, 2023
Sold by
Bought by

Purchase Details

Listed on
Feb 2, 2017
Closed on
Feb 9, 2018
Sold by
Bought by
Seller's Agent
Robert Giem
Plus Real Estate
Buyer's Agent
Robert Giem
Plus Real Estate
List Price
$28,000,000
Sold Price
$23,000,000
Premium/Discount to List
-$5,000,000
-17.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%
Original Mortgage
$14,950,000
Interest Rate
0.0395%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 2014
Sold by
Bought by

Purchase Details

Closed on
Mar 23, 2012
Sold by
Bought by

Purchase Details

Closed on
Dec 24, 2003
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
$1,240,000
Interest Rate
0.058%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 22, 2003
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
$1,240,000
Interest Rate
0.058%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 19, 2003
Sold by
Bought by

Purchase Details

Closed on
Aug 5, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- None Listed On Document
$43,000,000 Fidelity National Title
-- Chicago Title Co
-- Chicago Title Company
-- Accommodation
-- Chicago Title Company
-- Chicago Title Company
-- --
-- --
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
Previous Owner $14,000,000
Previous Owner $14,950,000
Previous Owner $1,240,000
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
02/28/2018 02/28/18 Off Market $23,000,000 -- --
02/15/2018 02/15/18 Sold $23,000,000 -11.2% $5,867 / Sq Ft
11/03/2017 11/03/17 Price Changed $25,900,000 -7.5% $6,607 / Sq Ft
02/01/2017 02/01/17 For Sale $28,000,000 0.0% $7,143 / Sq Ft
09/15/2014 09/15/14 Rented $15,000 -62.5% --
08/21/2014 08/21/14 Under Contract -- -- --
04/25/2012 04/25/12 For Rent $40,000 -- --
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 $436,799 $43,860,000 $43,631,494 $228,506
2024 $436,799 $43,000,000 $42,775,974 $224,026
2023 $254,662 $25,153,860 $24,960,878 $192,982
2022 $249,886 $24,660,648 $24,471,449 $189,199
2021 $245,100 $24,177,106 $23,991,616 $185,490
2020 $242,572 $23,929,200 $23,745,611 $183,589
2019 $238,412 $23,460,000 $23,280,010 $179,990
2018 $4,437 $434,535 $358,276 $76,259
2017 $4,350 $426,015 $351,251 $74,764
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17040139

California Regional Multiple Listing Service (CRMLS)

APN: 053-050-80

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