$3,475,000
SOLD OCT 15, 2015

17 Coral Cove Way Dana Point, CA 92629

0.29 Acre
$11,900,685 Price per Acre
12,720 Sq Ft Lot

Recently Sold

13% Below List Price

Highlights

  • Ocean View
  • Ocean Side of Highway 1
  • 0.29 Acre Lot
  • Marco Forster Middle School Rated A-

About This Lot

As of June 2023

This custom home site is located in the prestigious guard gated community The Strand at Headlands, Southern California's most elegant beach front community. The Strand offers expansive Pacific Ocean and Coastline Views, situated steps away from 1.5 miles of The Strand white beach and surrounded by nearly 70 acres of open space, parks, and trails. Enjoy the private Strand Beach Club amenity with bar, lounge, state-of-the-art fitness center, pool and spa. The Strand at Headlands is only a few minutes from Laguna Beach and Orange County s finest hotel resorts The St. Regis, The Ritz Carlton, The Montage and in close proximity of the airport, golf course and harbor

Last Agent to Sell the Property

Jeffrey Golden

Coldwell Banker Realty License #01080923 Listed on: 09/04/2015

Coldwell Banker Realty

Co-Listed By

Craig Dahl

Pacific Sotheby's Int'l Realty License #01097420

Last Buyer's Agent

Jeffrey Golden

Coldwell Banker Realty License #01080923 Listed on: 09/04/2015

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $194,094

Lot Details

  • 0.29 Acre Lot

HOA Fees

  • $825 Monthly HOA Fees

Property Views

  • Ocean
  • Panoramic
  • City Lights

Listing and Financial Details

  • Tax Lot 88
  • Assessor Parcel Number 67259312

Community Details

Overview

  • Headlands Association

Recreation

  • Ocean Side of Highway 1

Property Details

Property Type

Land

Est. Annual Taxes

$194,094

Lot Details

0

HOA Fees

$825 per month

Listing Details

  • Other Phone Description: Office
  • Other Phone Number: 949-487-2500
  • Subdivision Name Other: The Strand at Headlands (STRN)
  • View: Yes
  • Zoning: R-1
  • Property Type: Land
  • Parcel Number: 67259312
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 273.19

Exterior Features

  • View: City Lights, Ocean, Panoramic

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 825.00
  • Association Fee Frequency: Monthly
  • Association Name: Headlands
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 12720.00
  • Price Per Lot Square Foot: 273.19
  • Lot Size Acres: 0.2920

Multi Family

  • Lot Size Area: 12720.0000 Square Feet
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 88

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%
Views
109
Current Estimated Value
$12,320,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,629,928
Avg. Annual Appreciation
-13.18%

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
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed $15,950,000 First American Title
Grant Deed $12,000,000 Stewart Title Of Ca Inc
Grant Deed -- Ticor Title
Grant Deed $3,475,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $6,075,000 New Conventional
Previous Owner $3,600,000 Commercial
Previous Owner $3,600,000 New Conventional
Previous Owner $6,220,000 Construction
Previous Owner $25,000 Commercial
Previous Owner $2,030,000 Commercial
Previous Owner $2,606,250 Seller Take Back
Previous Owner $3,200,000 Unknown
Previous Owner $3,100,000 Construction
Previous Owner $3,650,000 Construction
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: OC15196170

California Regional Multiple Listing Service (CRMLS)

APN: 672-593-12