NOT LISTED FOR SALE

17 Coral Cove Way Dana Point, CA 92629

Estimated Value: $5,713,000 - $17,703,554

5 Beds
8 Baths
7,843 Sq Ft
$1,493/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $15,950,000 $2,034 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $82,502/month

203 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Private Pool
  • Marco Forster Middle School Rated A-
  • 24-Hour Security
  • Sauna

About This Home

As of June 2023

17 Coral Cove Way boasts one of the best views available in either Strand, offering breathtaking vistas of the Pacific, surf, coastline, city hills, and snow-capped mountains. This luxurious abode is California living at its best - the well-designed interior flow of this home easily provides a space for large groups or families to gather together, while allowing all five bedrooms to feel like private retreats, ideal for day-to-day living or luxurious entertaining. The stately great room and lounge with disappearing pocket doors leads to the backyard’s deck with fire pit, a patio with fireplace, and infinity pool with spa. The kitchen includes premium appliances, a walk-in pantry, butler’s kitchen, and a spacious island that can accommodate seating for six. Direct access to the patio is also enjoyed in the main-level primary suite complete with a fireplace, built-ins, beverage cooler, an enormous walk-in closet, and a walk-in shower and stand-alone tub. On the top floor you'll find 2 separate bedroom suites, and the subterranean floor provides a lounge and game room with bar and wine storage; an en-suite bedroom; and a gym with sauna, which could also be used as a theater. Located on one of the most desirable streets in the secluded South Strand, 17 Coral Cove Way offers easy access to both the beach and PCH with the Lantern District and Dana Point Harbor just a short distance away. This home has been meticulously and professionally maintained with continuous, weekly preventative maintenance to preserve the quality and look of the home. A true treasure along California's coveted coast- 17 Coral Cove Way is a prize property complete with the heart and soul of home.

Last Listed By

Karina Fraley, DRE #01942174

No Firm Affiliation License #01942174 Listed on: 11/04/2022

No Firm Affiliation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $194,094

Year Built

  • Built in 2020

Lot Details

  • 0.3 Acre Lot
  • Cul-De-Sac
  • Landscaped

HOA Fees

  • $1,415 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Catalina
  • City Lights

Home Design

  • Planned Development

Interior Spaces

  • 7,843 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Family Room
  • Living Room with Fireplace
  • Sauna

Kitchen

  • Walk-In Pantry
  • Butlers Pantry
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Makeup or Vanity Space
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Fireplace in Patio
  • Fire Pit
  • Exterior Lighting

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 88
  • Tax Tract Number 16331
  • Assessor Parcel Number 67259312
  • $30,063 per year additional tax assessments

Community Details

Overview

  • Strand Home Owners Association, Phone Number (800) 428-5588
  • First Service Residential HOA
  • The Strand At Headlands Subdivision

Recreation

  • Fitness Center

Additional Features

  • Clubhouse
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$194,094

Year Built

Built in 2020

Lot Details

0

HOA Fees

$1,415 per month

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Attendant, Gated Community, Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: The Strand at Headlands (STRN)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67259312
  • Year Built: 2020
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7843.00 Square Feet
  • Interior Amenities: Built-in Features, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Wired for Sound
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Master Bedroom, Patio, Fire Pit
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2033.66
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Sauna, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Separate Tub And Shower, Soaking Tub, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Walk-In Pantry

Exterior Features

  • View: Catalina, City Lights, Ocean
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Natural Gas
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Gym/Ex Room, Clubhouse
  • Association Fee: 1415.00
  • Association Fee Frequency: Monthly
  • Association Name: Strand Home Owners Association
  • Phone: 800 428-5588
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Street Lights
  • Association Management: First Service Residential

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Landscaped, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 12850.00
  • Lot Size Acres: 0.2950
  • Latitude Manual: 33.46367400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12850.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 423.23
  • Tax Lot: 88
  • Tax Tract Number: 16331
  • TaxOtherAnnualAssessmentAmount: 30063.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Jun 1, 2023
Sold by
Alex And Carey Geesbreght Living Trust
Bought by
Demshur Revocable Real Property Trust and Demshur
Seller's Agent
Karina Fraley, DRE #01942174
No Firm Affiliation
Buyer's Agent
Arlen Raubach
Compass
List Price
$17,700,000
Sold Price
$15,950,000
Premium/Discount to List
-$1,750,000
-9.89%
Total Days on Market
203
Views
109
Current Estimated Value
$11,708,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,241,723
Avg. Annual Appreciation
-15.02%

Purchase Details

Listed on
Feb 14, 2019
Closed on
Jan 4, 2021
Sold by
1517 Coral Cove Llc
Bought by
Geesbreght John Alexander and Geesbreght Carey Elizabeth
Seller's Agent
Arlen Raubach
Compass
Buyer's Agent
Karina Fraley, DRE #01942174
Real Estate eBroker, Inc.
List Price
$11,690,000
Sold Price
$12,000,000
Premium/Discount to List
$310,000
2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.37%
Original Mortgage
$3,600,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2018
Closed on
Feb 8, 2018
Sold by
17 Coral Cove Awy Llc
Bought by
1517 Coral Cove Llc
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Arlen Raubach
Compass
List Price
$3,000,000
Sold Price
$3,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.07%
Original Mortgage
$25,000
Interest Rate
4.22%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 4, 2015
Closed on
Sep 4, 2015
Sold by
Headlands Reserve Llc
Bought by
17 Coral Cove Way Llc
Seller's Agent
Jeffrey Golden
Coldwell Banker Realty
Buyer's Agent
Jeffrey Golden
Coldwell Banker Realty
List Price
$3,975,000
Sold Price
$3,475,000
Premium/Discount to List
-$500,000
-12.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.87%
Original Mortgage
$2,606,250
Interest Rate
3.86%
Mortgage Type
Seller Take Back

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
Demshur Revocable Real Property Trust $15,950,000 First American Title
Geesbreght John Alexander $12,000,000 Stewart Title Of Ca Inc
1517 Coral Cove Llc -- Ticor Title
17 Coral Cove Way Llc $3,475,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Livi Alex $6,075,000
Previous Owner Geesbreght John Alexander $3,600,000
Previous Owner Geesbreght John Alexander $3,600,000
Previous Owner 1517 Coral Cove Llc $6,220,000
Previous Owner 1517 Coral Cove Llc $25,000
Previous Owner Coral Cove Way Llc $2,030,000
Previous Owner 17 Coral Cove Way Llc $2,606,250
Previous Owner Headlands Reserve Llc $3,200,000
Previous Owner Headlands Reserve Llc $3,100,000
Previous Owner Headlands Reserve Llc $3,650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $15,950,000 -1.5% $2,034 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
11/22/2022 11/22/22 Price Changed $16,200,000 -8.5% $2,066 / Sq Ft
11/04/2022 11/04/22 For Sale $17,700,000 +47.5% $2,257 / Sq Ft
01/06/2021 01/06/21 Sold $12,000,000 -3.6% $1,530 / Sq Ft
06/05/2020 06/05/20 Price Changed $12,450,000 +6.5% $1,587 / Sq Ft
02/14/2019 02/14/19 For Sale $11,690,000 +289.7% $1,491 / Sq Ft
03/21/2018 03/21/18 Sold $3,000,000 0.0% --
03/21/2018 03/21/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $3,000,000 -13.7% --
10/15/2015 10/15/15 Sold $3,475,000 -12.6% --
09/04/2015 09/04/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $3,975,000 -- --
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
2024 $194,094 $16,269,000 $12,903,000 $3,366,000
2023 $153,833 $12,484,800 $9,388,145 $3,096,655
2022 $151,338 $12,240,000 $9,204,063 $3,035,937
2021 $91,549 $6,083,094 $3,153,535 $2,929,559
2020 $68,798 $3,978,424 $3,121,200 $857,224
2019 $59,418 $3,060,000 $3,060,000 $0
2018 $64,946 $3,615,390 $3,615,390 $0
2017 $64,161 $3,544,500 $3,544,500 $0
2016 $63,497 $3,475,000 $3,475,000 $0
2015 $33,283 $495,293 $495,293 $0
2014 $30,473 $485,591 $485,591 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22235761

California Regional Multiple Listing Service (CRMLS)

APN: 672-593-12