NOT LISTED FOR SALE

Estimated Value: $8,706,000

6 Beds
10 Baths
8,060 Sq Ft
$1,080/Sq Ft Est. Value

Highlights

  • Ocean Front
  • Home Theater
  • Sauna
  • Harbor View Elementary School Rated A
  • In Ground Pool
  • Ocean Side of Highway 1

About This Home

As of February 2022

One of only a few front-row homes in the coveted community Shore Cliffs with private stairs to the sand. This ocean-front sanctuary is a true architectural splendor designed as a celebration of art, nature, and the senses. Characterized by bespoke finishes and globally-sourced materials throughout, the approximately 8,060 square foot estate invites relaxation with its wood coffered ceilings, fireplace sourced from Spain, stone flooring, brick accent walls, and dramatic sliding glass doors framing a picture-perfect vista of the ocean. Designed in harmony with the sea, grandly appointed living and recreation areas seamlessly flow between one another making entertaining a breeze. Open to the great room, the elegant gourmet kitchen is outfitted in stone countertops, custom millwork, and Wolf appliances. Upstairs, the generously-sized master retreat is a den of sophisticated glamour complete with a boutique-like dressing room, and walls of glass doors that lead to a private balcony capturing blue-water views extending to Catalina Island. Rivaling the finest resorts, the grand master bathroom impresses with dual vanity sinks, a soaking tub, and an oversized black marble walk-in shower with dual shower heads. Outside, the rambling park-like grounds comprise of a pool, spa, a private bath, barbeque, multiple al fresco dining areas, secluded lounging beds, a sand area, and direct access to the private beach below. Adding to the allure of the residence is a state-of-the-art home cinema with a 110-inch screen, wet and dry saunas, an extensive home automation system, and exquisite Italian roof tiles. Near world-class dining, shopping, and entertainment, an unmatched Corona del Mar lifestyle of seaside leisure and luxury awaits.

Last Agent to Rent the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 01/21/2022

Coldwell Banker Realty

Last Renter's Agent

Jennifer Halbert

Berkshire Hathaway HomeServices California Properties License #01992762

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $201,935

Year Built

  • Built in 2016

Lot Details

  • 0.68 Acre Lot
  • Ocean Front
  • Property is zoned R1

Parking

  • 3 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Custom Home
  • Turnkey
  • Spanish Tile Roof

Interior Spaces

  • 8,060 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Furniture Can Be Negotiated
  • Dry Bar
  • Coffered Ceiling
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Custom Window Coverings
  • French Doors
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Loft
  • Sauna

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Freezer
  • Kitchen Island

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Bathtub with Shower
  • Multiple Shower Heads
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Ocean Side of Highway 1
  • Enclosed Patio or Porch
  • Fireplace in Patio
  • Outdoor Fireplace
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Security Deposit $130,000
  • 12-Month Minimum Lease Term
  • Available 8/1/21
  • Tax Lot 106
  • Tax Tract Number 1116
  • Assessor Parcel Number 05221019

Community Details

Overview

  • Property has a Home Owners Association
  • Shore Cliffs Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$201,935

Year Built

Built in 2016

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: Security Deposit
  • Available Date: 2021-08-01
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Security: 130000
  • Furnished: Negotiable
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Ad Number: 949-478-2295
  • Other Phone Description: Showings
  • Other Phone Number: 949-478-2295
  • Property Attached: No
  • Subdivision Name Other: Shore Cliffs (SHOR)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 05221019
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 8060.00 Square Feet
  • Interior Amenities: Coffered Ceiling(s), Dry Bar, Elevator, High Ceilings, Open Floorplan, Recessed Lighting
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 7
  • Full And Three Quarter Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Area, Dining Room, Separated
  • Fireplace Features: Living Room, Master Bedroom, Outside, Patio, Gas, Fire Pit
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 6.20
  • Room Type: Home Theatre, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Sauna, Walk-In Closet
  • Spa Features: Private
  • Window Features: Custom Covering, Drapes, Skylight(s)
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Other Structures: Sauna Private
  • Exterior Features: Lighting
  • View: Catalina, Coastline, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Enclosed, Patio, Patio Open
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Double Oven, Freezer, Gas Cooktop, Refrigerator
  • Electric: Standard
  • Heating Type: Fireplace(s), Forced Air
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Watersports

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 29700.00
  • Lot Size Acres: 0.6818

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 29700.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Front, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 627.02
  • Tax Lot: 106
  • Tax Tract Number: 1116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2017
Sold by
Frieden Jeffrey P
Bought by
Frieden Lori
Current Estimated Value
$8,706,000

Purchase Details

Closed on
Oct 16, 2017
Sold by
Weintraub William M
Bought by
Prieden Jeffrey P

Purchase Details

Closed on
Nov 29, 2011
Sold by
Scherer Stephen Marshall
Bought by
Weintraub William M and The Quan Lee Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,850,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 1999
Sold by
Massey Christopher P and Massey Pamela J
Bought by
Scherer Stephen Marshall

Purchase Details

Closed on
Apr 20, 1999
Sold by
Frederick Phillips
Bought by
Massey Christopher P and Massey Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,780,000
Interest Rate
6.62%
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
Frieden Lori -- None Available
Prieden Jeffrey P -- None Available
Weintraub William M $14,850,000 Lawyers Title Company
Scherer Stephen Marshall -- Stewart Title
Massey Christopher P $5,400,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weintraub William M $4,850,000
Previous Owner Massey Christopher P $3,780,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2022 02/11/22 Rented $50,000 -23.1% --
02/09/2022 02/09/22 Under Contract -- -- --
01/21/2022 01/21/22 For Rent $65,000 -- --
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 $201,935 $19,537,180 $16,278,735 $3,258,445
2024 $201,935 $19,154,099 $15,959,545 $3,194,554
2023 $197,235 $18,778,529 $15,646,613 $3,131,916
2022 $194,001 $18,410,323 $15,339,817 $3,070,506
2021 $190,267 $18,049,337 $15,039,037 $3,010,300
2020 $188,444 $17,864,264 $14,884,830 $2,979,434
2019 $184,488 $17,513,985 $14,592,971 $2,921,014
2018 $180,791 $17,170,574 $14,306,834 $2,863,740
2017 $177,584 $16,833,897 $14,026,308 $2,807,589
2016 $173,565 $16,503,821 $13,751,282 $2,752,539
2015 $168,324 $15,912,434 $13,544,725 $2,367,709
2014 $152,166 $14,441,862 $13,279,403 $1,162,459
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22012871

California Regional Multiple Listing Service (CRMLS)

APN: 052-210-19