NOT LISTED FOR SALE

Estimated Value: $5,625,000 - $10,981,262

4 Beds
5 Baths
4,721 Sq Ft
$1,759/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $10,750,000 $2,277 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $47,352/month

7 Days on Market

Highlights

  • Concierge
  • Media Room
  • Heated In Ground Pool
  • Tularcitos Elementary School Rated A
  • New Construction
  • Solar Power Battery

About This Home

As of September 2024

This newly constructed residence artfully bridges the historic reference of a California Classic Ranch Style home with the modern desire and a sensibility of living lightly on the land. A minimalist use of materials with limestone floors, oak cabinetry, massive windows & receding doors integrates everyday life with the astounding natural beauty of The Preserve. The ethereal nature of this design is felt upon arrival through the winding driveway, bearing witness to how lightly the home sits on the land. Architect, Justin Pauly and Ground Studio designed in concert to honor all the land has to offer. Each room enjoys layered views and the interior color palette blends seamlessly with the landscape. There is no back of the house and all systems of comfort and convenience are brilliantly hidden from everyday life. As you move through the house you will feel the ethereal balance of light as the sun moves from east to west over the house and you travel the long wide hallways with windows drawing you into the views. The southern exposure is reserved for the loggia and pool, graced by Swan Hill Olives and down lighting that transform day into night in the same ethereal manner. As you spend more time you will see more detail as the depth of design unveils itself.

Last Agent to Sell the Property

Lisa Guthrie

La Tierra Realty License #01250803 Listed on: 09/03/2024

La Tierra Realty

Co-Listed By

Alan Drew

La Tierra Realty License #02029344

Last Buyer's Agent

Shelly Lynch

Carmel Realty Company License #01217466

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 27.86 Acre Lot
  • South Facing Home
  • Property is Fully Fenced
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Back Yard
  • Zoning described as R1

HOA Fees

  • $242 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Electric Vehicle Home Charger
  • Workshop in Garage
  • Garage Door Opener
  • Electric Gate
  • Secured Garage or Parking
  • Guest Parking

Property Views

  • Ridge
  • Mountain
  • Hills
  • Valley

Home Design

  • Custom Home
  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 4,721 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Two Way Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Media Room
  • Den

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Radiant Floor
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • 5 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Dual Flush Toilets
  • Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Security Gate
  • Alarm System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Solar Power Battery
  • ENERGY STAR/CFL/LED Lights
  • Solar Power System
  • Solar owned by seller

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Pool Cover
  • Spa Cover

Outdoor Features

  • Outdoor Fireplace
  • Outdoor Kitchen
  • Fire Pit

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Separate Meters
  • Propane
  • Water Filtration System
  • Septic Tank
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 239-091-069-000

Community Details

Overview

  • Santa Lucia Preserve Association
  • Built by Santa Lucia Preserve

Amenities

  • Concierge
  • Courtyard

Recreation

  • Lap or Exercise Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$242 per month

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary, Custom, Ranch
  • Estimated Completion Date: 09/03/2024
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 300
  • Structure Sq Ft: 4721
  • Construction: Completed-Never Occupied
  • Complex Name: Santa Lucia Preserve
  • Year Built: 2024
  • Zoning Description: R1
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Dual See Thru, Gas Burning, Gas Log, Living Room, Outside
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Marble, Dishwasher, Dual Fuel, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Ice Maker, Island with Sink, Oven - Electric, Pantry, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 4721
  • Stories: 1
  • Security: Fire Alarm, Fire System - Sprinkler, Secured Garage / Parking, Security Alarm
  • Bedrooms: More than One Primary Bedroom on Ground Floor, Primary Suite / Retreate - 2+
  • Laundry: Washer / Dryer
  • Flooring: Stone
  • Additional Rooms: Den / Study / Office, Formal Entry, Laundry Room, Media / Home Theater
  • Fireplaces Min: 3
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Dual Flush Toilet, Full on Ground Floor, Marble, Primary - Oversized Tub, Primary - Stall Shower(s), Stall Shower - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - Cover, Pool - Heated, Pool - In Ground, Pool - Lap, Spa - Cover, Spa - Gas, Spa - In Ground, Spa - Jetted
  • Roof: Metal
  • View: Hills, Mountains, Ridge, Valley
  • Yard/Grounds: Back Yard, Courtyard, Drought Tolerant Plants, Fenced, Fire Pit, Outdoor Kitchen, Sprinklers - Auto
  • Horse Property: Possible
  • Pool: Yes
  • Fencing: Complete Perimeter
  • Horse Property Description: Unimproved
  • Property Faces: South
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 6
  • Garage Parking Features: Detached Garage, Electric Car Hookup, Electric Gate, Gate / Door Opener, Guest / Visitor Parking, Workshop in Garage
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 1 (120 volts)

Utilities

  • Cooling System: Central AC
  • Heating System: Radiant Floors
  • Sewer/Septic System: Existing Septic, Septic Tank / Pump

Condo/Co-op/Association

  • HOA Fees: 2900
  • HOA Amenities: Community Security Gate, Concierge
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Annually
  • H O A Name Text: Santa Lucia Preserve Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Security Gate, Walk-in Closet

Schools

  • High School: 497

Lot Info

  • Lot Description: Grade - Gently Sloped, Grade - Rolling, Grade - Varies, Private / Secluded, Views
  • Parcel Number: 239-091-069-000
  • Lot Acres: 27.8600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1213582.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1213582.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star HVAC, Energy Star Lighting, Solar Power, Solar Power Battery Backup, Walls Insulated

Multi Family

  • Utilities: Individual Electric Meters, Propane On Site, Solar Panels - Owned

MLS Schools

  • High School District Text: Carmel Unified
  • Elementary School Text: Tularcitos Elementary
  • High School Text: Carmel High
  • Middle School Text: Carmel Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Sep 18, 2024
Sold by
Katter John and Katter Sally
Bought by
Ironbridge Family Trust and Cain
Seller's Agent
Lisa Guthrie
La Tierra Realty
Buyer's Agent
Shelly Lynch
Carmel Realty Company
List Price
$12,875,000
Sold Price
$10,750,000
Premium/Discount to List
-$2,125,000
-16.5%
Views
15
Current Estimated Value
$8,303,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,446,869
Avg. Annual Appreciation
-18.80%

Purchase Details

Closed on
Jun 5, 2019
Sold by
Rossi Robert and Rossi Tracie
Bought by
Katter John and Katter Sally

Purchase Details

Closed on
Feb 21, 2012
Sold by
Bakar Todd D and Bakar Pamela J
Bought by
Rossi Robert and Rossi Tracie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
3.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 13, 2002
Sold by
Bay Colony Investors Ii Inc
Bought by
Bakar Todd D and Bakar Pamela J

Purchase Details

Closed on
Jul 17, 2000
Sold by
Rancho San Carlos Partnership Lp
Bought by
Bay Colony Investors Ii Inc

Purchase Details

Closed on
May 4, 2000
Sold by
Rancho San Carlos Partnership
Bought by
Bay Colony Investors Ii Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
8.25%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Date Buyer Sale Price Title Company
Ironbridge Family Trust $10,750,000 Chicago Title
Katter John $995,000 First American Title Co
Rossi Robert $880,000 First American Title Company
Bakar Todd D $1,550,000 First American Title
Bay Colony Investors Ii Inc -- First American Title
Bay Colony Investors Ii Inc $1,600,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rossi Robert $572,000
Previous Owner Bay Colony Investors Ii Inc $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold $10,750,000 -16.5% $2,277 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $12,875,000 -- $2,727 / Sq Ft
Source: MLSListings

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 $43,282 $10,750,000 $2,500,000 $8,250,000
2024 $43,282 $10,750,000 $2,500,000 $8,250,000
2023 $41,333 $1,734,940 $1,066,840 $668,100
2022 $39,904 $1,700,922 $1,045,922 $655,000
2021 $32,121 $1,680,414 $1,025,414 $655,000
2020 $29,042 $1,014,900 $1,014,900 $0
2019 $28,089 $990,864 $990,864 $0
2018 $29,692 $971,436 $971,436 $0
2017 $28,827 $952,389 $952,389 $0
2016 $25,564 $933,715 $933,715 $0
2015 $24,823 $919,690 $919,690 $0
2014 $24,385 $901,675 $901,675 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81975890

MLSListings

APN: 239-091-069-000