NOT LISTED FOR SALE

Estimated Value: $7,799,000 - $10,752,305

4 Beds
4.5 Baths
5,651 Sq Ft
$1,599/Sq Ft Est. Value

Last Sold December 18, 2017

Last sale price $7,300,000 $1,292 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $57,102/month

31 Days on Market

Highlights

  • White Water Ocean Views
  • Gated with Attendant
  • Open Floorplan
  • Newport Coast Elementary School Rated A
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom

About This Home

As of December 2017

Chic and modern interiors set the stage for casually elegant living in this California-Mediterranean style estate with panoramic ocean, Catalina, and harbor views. This impressive estate located in the exclusive community of Pelican Ridge sits on an expansive, private parcel. Stylishly rebuilt in 2017, the home’s design is accentuated by soaring ceilings and natural light, affording ample opportunity to relish in the home’s extraordinary details. The grand foyer opens to the formal living room featuring a marble-clad fireplace and coffered ceiling. The gourmet kitchen features marble counters and island of white quartzite, and a morning room with views. Enriched with white lacquer paneling, the family and dining room blend seamlessly with the rear yard embodying the California lifestyle and embracing year-round outdoor living. Perfect for entertaining, enjoy the resort-style saltwater pool and spa, built-in BBQ, fire pit and lushly landscaped grassy yard. The versatile main level floor plan features comfortable living space and offers an office, music room/game room (could be converted to a fifth bedroom), and bedroom suite. Upstairs, revel in the sumptuous master suite and bath, with balcony overlooking the ocean and harbor views. Two additional guest suites comprise the second level. 3-car garage and driveway to accommodate 4 cars. Pelican Ridge offers 24-hour guard gated security, close proximity to the beaches, shopping and restaurants, airport, and award-winning schools.

Last Agent to Sell the Property

Kathryn White

Coldwell Banker Realty License #01346645 Listed on: 10/25/2017

Coldwell Banker Realty

Co-Listed By

Andre White

Pacific Sotheby's Int'l Realty License #01873658

Last Buyer's Agent

Susie Denton

Denton Properties Inc. License #00993999

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $88,059

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • 0.37 Acre Lot
  • Glass Fence
  • Fence is in excellent condition
  • Sprinklers Throughout Yard
  • Private Yard
  • Lawn
  • Garden
  • Back Yard

HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Three Garage Doors
  • Garage Door Opener
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Harbor
  • Catalina
  • City Lights

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 5,651 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Wainscoting
  • Coffered Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Awning
  • Shutters
  • French Doors
  • Sliding Doors
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library with Fireplace
  • Bonus Room
  • Game Room
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Built-In Trash or Recycling Cabinet
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Quartz Bathroom Countertops
  • Makeup or Vanity Space
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Waterfall Pool Feature

Outdoor Features

  • Balcony
  • Stone Porch or Patio
  • Outdoor Fireplace
  • Terrace
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

  • Newport Coast Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 626
  • Assessor Parcel Number 47708142

Community Details

Overview

  • First Service Residential Association, Phone Number (949) 448-6183
  • Keystone Association

Amenities

  • Community Barbecue Grill
  • Meeting Room

Recreation

  • Tennis Courts
  • Sport Court
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$88,059

Year Built

Built in 1992 | Remodeled

Lot Details

0

HOA Fees

$525 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Gated Community, Gated with Guard, Security Lights, Smoke Detector(s)
  • Subdivision Name Other: Pelican Ridge (NCPR)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47708142
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5651.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Coffered Ceiling(s), Open Floorplan, Pantry, Pull Down Stairs to Attic, Vacuum Central, Wainscoting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Library, Living Room, Master Bedroom, Outside, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1291.81
  • Room Type: Bonus Room, Family Room, Formal Entry, Game Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Office, Walk-In Closet, Walk-In Pantry
  • Spa Features: Association, Heated, In Ground, Private
  • Window Features: Double Pane Windows, Shutters, Skylight(s)
  • Bathroom Features: Bidet, Double Sinks In Master Bath, Jetted Tub, Quartz Counters, Remodeled, Separate Tub And Shower, Soaking Tub, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Quartz Counters, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Awning(s), Barbecue Private, Rain Gutters
  • View: Catalina, City Lights, Coastline, Harbor, Ocean, Water, White Water
  • Fence: Yes
  • Fencing: Excellent Condition, Glass
  • Patio And Porch Features: Stone, Terrace
  • Pool Features: Association, Private, In Ground, Waterfall, Salt Water, Heated
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stone, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Paved, Garage - Three Door, Garage Door Opener
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Gas Range, Microwave, Range Hood, Refrigerator, Trash Compactor, Vented Exhaust Fan
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Keystone
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Tennis Court(s), Sport Court, Meeting Room
  • Association Fee: 423.00
  • Association #2 Fee: 306.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Monthly
  • Association Name: First Service Residential
  • Phone: 949-448-6183
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Coast
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Newport Coast
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: NEWCOA
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Garden, Lawn, Lot 10000-19999 Sqft, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 16126.00

Multi Family

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

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 28
  • Tax Tract Number: 626.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2017
Closed on
Nov 22, 2017
Sold by
Kear Lauren N
Bought by
Highpoint Investments Llc
Seller's Agent
Kathryn White
Coldwell Banker Realty
Buyer's Agent
Susie Denton
Denton Properties Inc.
List Price
$7,688,000
Sold Price
$7,300,000
Premium/Discount to List
-$388,000
-5.05%
Current Estimated Value
$9,036,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,736,826
Avg. Annual Appreciation
3.08%
Original Mortgage
$350,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2016
Sold by
Kear Lauren N
Bought by
Kear Lauren N and The Valiant Partners Trust

Purchase Details

Listed on
Sep 14, 2015
Closed on
Sep 25, 2015
Sold by
Jones Jeremy M and Jones Patricia L
Bought by
Kear Lauren N
Seller's Agent
Karen Betson
Surterre Properties Inc.
Buyer's Agent
Abdul Mozayeni
Coastline Real Estate
List Price
$4,895,000
Sold Price
$4,400,000
Premium/Discount to List
-$495,000
-10.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$400,000
Interest Rate
3.89%
Mortgage Type
Seller Take Back
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
Highpoint Investments Llc $7,300,000 First American Title Co
Kear Lauren N -- None Available
Kear Lauren N $4,400,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kear Luren N $350,000
Previous Owner Kear Lauren N $2,362,500
Previous Owner Kear Lauren N $400,000
Previous Owner Jones Jeremy M $322,700
Previous Owner Jones Jeremy M $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2017 12/18/17 Sold $7,300,000 -5.0% $1,292 / Sq Ft
11/25/2017 11/25/17 Pending -- -- --
10/25/2017 10/25/17 For Sale $7,688,000 +74.7% $1,360 / Sq Ft
10/01/2015 10/01/15 Sold $4,400,000 -10.1% $880 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
09/14/2015 09/14/15 For Sale $4,895,000 -- $979 / 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
2025 $88,059 $8,306,153 $7,221,423 $1,084,730
2024 $88,059 $8,143,288 $7,079,827 $1,063,461
2023 $86,093 $7,983,616 $6,941,007 $1,042,609
2022 $84,671 $7,827,075 $6,804,909 $1,022,166
2021 $82,594 $7,673,603 $6,671,479 $1,002,124
2020 $82,353 $7,594,920 $6,603,071 $991,849
2019 $80,821 $7,446,000 $6,473,599 $972,401
2018 $79,213 $7,300,000 $6,346,665 $953,335
2017 $48,905 $4,488,000 $3,587,637 $900,363
2016 $47,379 $4,400,000 $3,517,291 $882,709
2015 $27,833 $2,574,921 $1,858,543 $716,378
2014 $27,173 $2,524,482 $1,822,136 $702,346
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: NP17243687

California Regional Multiple Listing Service (CRMLS)

APN: 477-081-42