NOT LISTED FOR SALE

16755 Crescent Creek Dr San Diego, CA 92127

Del Sur Neighborhood

Estimated Value: $4,131,000 - $4,908,000

5 Beds
5.5 Baths
5,288 Sq Ft
$861/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $3,650,000 $690 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $28,939/month

89 Days on Market

Highlights

  • Gated with Attendant
  • Solar Heated Infinity Pool
  • Solar Power System
  • Del Sur Elementary School Rated A+
  • Sauna
  • Primary Bedroom Suite

About This Home

As of November 2023

Indulge in the pinnacle of opulence with this immaculate estate situated in the highly coveted guard-gated community of The Lakes Above Rancho Santa Fe. From the moment you step into the grand two-story foyer, you'll be captivated by the seamless flow and exquisite design of this home, purposefully crafted for hosting unforgettable gatherings. With an impressive 5,288 square feet of living space, this residence has 5 bedrooms and 5.5 bathrooms, providing an abundance of room for luxurious living. This remarkable property boasts an array of notable features, including a generously sized home office and a bonus room that offers endless possibilities. Recent upgrades have elevated the allure of the home, with new luxury vinyl plank flooring gracing the entire upstairs, custom built-in cabinets, and an upgraded upstairs HVAC unit. The heart of the home lies in the open-concept kitchen, complete with a spacious island, top-of-the-line monogram appliances, and ample storage to accommodate all your culinary needs. Adorned with espresso cabinets and granite countertops, the kitchen exudes both elegance and functionality. From this culinary haven, your gaze extends outward, revealing breathtaking views of the meticulously landscaped backyard. A convenient bar area if off the kitchen, while a large walk-in pantry with custom built-in cabinets provides additional storage space. The adjacent mudroom offers practicality and organization with its abundant storage options. Immerse yourself in the quintessential California experience as this extraordinary home effortlessly blurs the boundaries between indoor and outdoor living. Stepping into the backyard, you'll be greeted by panoramic views of the surrounding neighborhood, rolling hills, and mountains to the northeast. Embrace the outdoor oasis that awaits you, complete with a beach entry pool, spa, and a multitude of entertainment options. Whether it's lounging by the pool, enjoying a meal in the built-in outdoor BBQ and dining area, gathering around the fire pit, or playing on the expansive grass area, this backyard is a haven for relaxation and socializing. A delightful garden and eight mature fruit trees add a touch of nature, while an outdoor sauna and a dog run cater to every member of the family. The solar-heated pool ensures year-round enjoyment of the water. Modern conveniences abound throughout the property, including a Ring doorbell for enhanced security and Nest thermostats for efficient climate control. Upstairs, you'll find two bedrooms with en-suite baths, a convenient laundry room, and a bonus area adorned with built-in cabinets, offering flexibility for various purposes. The primary suite is a sanctuary of comfort, featuring a spacious walk-in closet with custom cabinetry, a luxurious tub, a separate shower, a vanity area, and dual sinks. Completing this exceptional property is a garage equipped with custom cabinets. Additionally, the garage is equipped with two Tesla wall chargers and four backup Tesla batteries that will sustain the home for 3 days of full off the grid power. The highly desirable, guard gated community of The Lakes Above Rancho Santa Fe offers a family-friendly neighborhood and an unbeatable Southern California lifestyle. Located within the award-winning Poway Unified School District, with top-rated schools like Del Norte High. Just half a mile from The Crosby Club at Rancho Santa Fe, residents can enjoy optional club memberships and world-class amenities, including golf, dining, entertainment, fitness center, tennis, pickleball, and a heated lap pool. With 25 golf courses, 17 parks, and 4 hiking reserves within 10 miles, and over 79 restaurants within 5 miles, there's no shortage of activities to enjoy. Conveniently located minutes from I-15 and CA-56 freeways, this exceptional property offers unparalleled access to all that San Diego has to offer. Don't miss your chance to own this stunning Sterling Heights estate and live the ultimate California d

Last Agent to Sell the Property

David Butler

Real Broker License #02040296 Listed on: 06/23/2023

Real Broker

Co-Listed By

Julie Butler

Real Broker License #02028216

Last Buyer's Agent

Farid Khayamian

Bluxen, Inc. License #01835318

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,622

Year Built

  • Built in 2014

Lot Details

  • 0.86 Acre Lot
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Private Yard
  • Lawn
  • Garden
  • Back Yard
  • Property is zoned R-1:Single Fam-Res

HOA Fees

  • $570 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • 6 Open Parking Spaces

Property Views

  • Panoramic
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 5,288 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office
  • Sauna
  • Home Gym

Kitchen

  • Walk-In Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Pool

  • Solar Heated Infinity Pool
  • In Ground Spa

Outdoor Features

  • Outdoor Fireplace
  • Exterior Lighting

Utilities

  • Central Air
  • No Heating

Additional Features

  • Solar Power System
  • Suburban Location

Listing and Financial Details

  • Tax Tract Number 15583
  • Assessor Parcel Number 2674320300
  • $13,658 per year additional tax assessments

Community Details

Overview

  • The Lakes HOA, Phone Number (858) 832-7268
  • Community Lake
  • Foothills
  • Mountainous Community
  • Property is near a preserve or public land

Recreation

  • Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,622

Year Built

Built in 2014

Lot Details

0

HOA Fees

$570 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Gated Community, Gated with Guard
  • View: Yes
  • Zoning: R-1:Single Fam-Res
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2674320300
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5288.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Outside
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 690.24
  • Room Type: Entry, Exercise Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Suite, Office, Sauna, Walk-In Closet, Walk-In Pantry
  • Spa Features: In Ground, Private
  • Room Kitchen Features: Kitchen Island, Walk-In Pantry

Exterior Features

  • View: Hills, Mountain(s), Neighborhood, Panoramic
  • Fence: No
  • Pool Features: In Ground, Infinity, Solar Heat
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 6.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room, Upper Level, Washer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Biking Trails, Guard, Hiking Trails, Horse Trails, Lake or Pond
  • Association Fee: 570.00
  • Association Fee Frequency: Monthly
  • Association Name: The Lakes HOA
  • Phone: 858-832-7268
  • Senior Community: No
  • Community Features: Foothills, Horse Trails, Mountainous, Preserve/Public Land, Sidewalks, Street Lights, Suburban, Biking, Hiking, Lake, Park

Green Features

  • Green Power: Solar

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Garden, Landscaped, Lawn, Paved, Yard
  • Lot Size Sq Ft: 37461.00
  • Lot Size Acres: 0.8600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 37461.0000 Square Feet
  • Number Of Units In Community: 105

Tax Info

  • Tax Tract Number: 015583
  • TaxOtherAnnualAssessmentAmount: 13657.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2024
Sold by
Faramarzi Nariman
Bought by
Nariman Faramarzi Living Trust and Faramarzi
Current Estimated Value
$4,555,080

Purchase Details

Listed on
Jun 23, 2023
Closed on
Oct 2, 2023
Sold by
Kim Hyong Su and Kim Cadence
Bought by
Faramarzi Nariman
Seller's Agent
David Butler
Real Broker
Buyer's Agent
Farid Khayamian
Bluxen, Inc.
List Price
$4,100,000
Sold Price
$3,650,000
Premium/Discount to List
-$450,000
-10.98%
Views
419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%
Original Mortgage
$2,840,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2021
Sold by
Kim Hyong Su and Manin Cadence
Bought by
Kim Hyong Su and Manin Cadence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2014
Sold by
Sunstreet Energy Group Llc
Bought by
Kim Hyong Su and Manin Cadence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,146,552
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 21, 2014
Sold by
Lennar Homes Of California Inc
Bought by
Kim Hyong Su and Manin Cadence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,146,552
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 3, 2012
Sold by
Ms Rialto The Lakes Ca Llc
Bought by
Lennar Homes Of California Inc
Source: Public Records

Range of Values:

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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
Nariman Faramarzi Living Trust -- None Listed On Document
Faramarzi Nariman $3,550,000 Lawyers Title Company
Kim Hyong Su -- Chicago Title Company
Kim Hyong Su -- North American Title Ins Co
Kim Hyong Su $1,433,500 North American Title Company
Lennar Homes Of California Inc $35,000,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faramarzi Nariman $2,840,000
Previous Owner Kim Hyong Su $1,400,000
Previous Owner Kim Hyong Su $1,146,552
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2023 11/15/23 Sold $3,650,000 -1.2% $690 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/05/2023 09/05/23 Price Changed $3,695,000 -4.0% $699 / Sq Ft
08/09/2023 08/09/23 Price Changed $3,850,000 -3.7% $728 / Sq Ft
07/14/2023 07/14/23 Price Changed $3,999,995 -2.4% $756 / Sq Ft
06/23/2023 06/23/23 For Sale $4,100,000 -- $775 / 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 $50,622 $3,621,000 $2,040,000 $1,581,000
2024 $50,622 $3,550,000 $2,000,000 $1,550,000
2023 $34,006 $1,750,027 $577,587 $1,172,440
2022 $33,520 $1,715,713 $566,262 $1,149,451
2021 $33,086 $1,682,072 $555,159 $1,126,913
2020 $32,641 $1,664,825 $549,467 $1,115,358
2019 $32,023 $1,632,183 $538,694 $1,093,489
2018 $31,448 $1,600,181 $528,132 $1,072,049
2017 $30,904 $1,568,806 $517,777 $1,051,029
2016 $27,967 $1,538,046 $507,625 $1,030,421
2015 $26,942 $1,433,190 $500,000 $933,190
2014 $11,047 $391,770 $391,770 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2304598

California Regional Multiple Listing Service (CRMLS)

APN: 267-432-03