NOT LISTED FOR SALE

Estimated Value: $7,717,000 - $8,589,000

5 Beds
4.5 Baths
4,812 Sq Ft
$1,680/Sq Ft Est. Value

Highlights

  • White Water Ocean Views
  • Golf Course Community
  • Private Pool
  • Newport Coast Elementary School Rated A
  • Gated with Attendant
  • Primary Bedroom Suite

About This Home

As of April 2021

Set on an exclusive promontory, with arguably the best views in the community, this recently renovated home offers spectacular sight lines that span the coast and linger over Catalina. With 4,812 +/- s.f., 5 beds/5 baths; open and flowing spaces begin in the living room, where the sheer scale of double-height ceilings creates limitless potential for upscale design. The kitchen is light and bright, with solid marble counters, an oversized island, chef-grade appliances and an adjoining casual dining area that opens to the pool. A butler’s pantry connects to the dining room, where gorgeous views and whole-house audio set the tone for memorable entertaining. A spacious family room with a fireplace, an office, and a guest suite complete the main level. A quiet retreat in a world of its own, the upstairs master suite offers a sitting area and spa-style ensuite; with an expansive terrace that frames the skyline and captures the sun setting over the Pacific. Two additional guest rooms feature ensuite baths, and a large bonus room with a wet bar provides additional entertaining. Gentle cascades of water flow from the spa and fountain into the pool, and spellbinding views captivate all who visit. A terraced patio, multiple lounge areas, and an outdoor kitchen and fireplace create a resort-style backyard. Located in a guard-gated community with a premier location just blocks from Crystal Cove State Park & beaches, and within close proximity to Fashion Island and John Wayne Airport.

Last Agent to Rent the Property

John Cain

Pacific Sotheby's Int'l Realty License #01467294 Listed on: 02/08/2021

Pacific Sotheby's Int'l Realty

Last Renter's Agent

John Cain

Pacific Sotheby's Int'l Realty License #01467294 Listed on: 02/08/2021

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,768

Year Built

  • Built in 2002

Lot Details

  • 10,646 Sq Ft Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Sprinkler System
  • Wooded Lot
  • Private Yard
  • Garden
  • Front Yard

Parking

  • 3 Car Attached Garage
  • Driveway
  • On-Street Parking

Property Views

  • White Water Ocean
  • Coastline
  • Harbor
  • Catalina
  • Panoramic
  • City Lights
  • Canyon

Interior Spaces

  • 4,812 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Beamed Ceilings
  • Brick Wall or Ceiling
  • Two Story Ceilings
  • Recessed Lighting
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Center Hall
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Dual Sinks
  • Private Water Closet
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Outdoor Fireplace
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Suburban Location

Schools

  • Andersen Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Zoned Heating and Cooling

Listing and Financial Details

  • Security Deposit $41,990
  • Rent includes association dues, gardener, pool, sewer
  • 12-Month Minimum Lease Term
  • Available 4/7/21
  • Tax Lot 3
  • Tax Tract Number 14070
  • Assessor Parcel Number 47303324

Community Details

Overview

  • Property has a Home Owners Association
  • Pelican Heights Montecito Subdivision
  • Property is near a preserve or public land

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Community Pool
  • Community Spa
  • Park
  • Hiking Trails
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,768

Year Built

Built in 2002

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2021-04-07
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 41990
  • Furnished: Unfurnished
  • Pets Allowed: Call

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Gated with Attendant, Gated Community, Gated with Guard, Guarded
  • Subdivision Name Other: Pelican Heights - Montecito (MONT)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 47303324
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4812.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Brick Walls, Crown Molding, High Ceilings, Pantry, Recessed Lighting, Two Story Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room, Outside
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 4.57
  • Room Type: Bonus Room, Center Hall, Den, Entry, Family Room, Formal Entry, Foyer, Kitchen, Laundry, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Spa Features: Private
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Bath(s), Exhaust Fan(s), Privacy Toilet Door, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: Canyon, Catalina, City Lights, Coastline, Harbor, Ocean, Panoramic, Water, White Water
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking Features: Driveway, Garage, Street
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Freezer, Disposal, Gas Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator
  • Heating Type: Zoned
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Tennis Court(s), Sport Court, Clubhouse, Guard
  • Senior Community: No
  • Community Features: Biking, Curbs, Golf, Hiking, Gutters, Park, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Andersen
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Andersen
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: ANDERS2
  • High School2: CODEMA

Lot Info

  • Lot Features: Cul-De-Sac, Front Yard, Garden, Landscaped, Park Nearby, Sprinkler System, Treed Lot, Yard
  • Lot Size Sq Ft: 10646.00
  • Lot Size Acres: 0.2444

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 10646.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gardener, Pool, Sewer

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 14070

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2014
Sold by
Shah Ali
Bought by
Salekfard Steve
Current Estimated Value
$8,085,917

Purchase Details

Closed on
Dec 18, 2013
Sold by
Salakfard Steve
Bought by
Shah Ali

Purchase Details

Closed on
Feb 13, 2002
Sold by
Cph Newport Coast Llc
Bought by
Salekfard Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4.48%
Source: Public Records

Range of Values:

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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
Salekfard Steve -- None Available
Shah Ali -- None Available
Salekfard Steve $1,951,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salekfard Steve $1,000,000
Open Salekfard Steve $1,750,000
Closed Salekfard Steve $500,000
Closed Salefard Steve $187,500
Previous Owner Salekfard Steve $500,000
Previous Owner Salekfard Steve $2,500,000
Previous Owner Salekfard Steve $2,200,000
Previous Owner Salekfard Steve $1,500,000
Previous Owner Salekfard Steve $1,400,000
Previous Owner Salekfard Steve $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2021 04/27/21 Rented $22,000 +4.8% --
04/16/2021 04/16/21 For Rent $20,995 0.0% --
04/09/2021 04/09/21 Off Market $20,995 -- --
04/09/2021 04/09/21 For Rent $20,995 0.0% --
02/27/2021 02/27/21 Off Market $20,995 -- --
02/27/2021 02/27/21 For Rent $20,995 +40.0% --
03/05/2020 03/05/20 Rented $15,000 -14.3% --
02/11/2020 02/11/20 For Rent $17,500 -- --
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 $30,768 $2,892,199 $1,970,582 $921,617
2024 $30,768 $2,835,490 $1,931,943 $903,547
2023 $30,129 $2,779,893 $1,894,062 $885,831
2022 $29,628 $2,725,386 $1,856,924 $868,462
2021 $28,511 $2,671,948 $1,820,514 $851,434
2020 $28,889 $2,644,551 $1,801,847 $842,704
2019 $28,480 $2,592,698 $1,766,517 $826,181
2018 $27,921 $2,541,861 $1,731,879 $809,982
2017 $28,500 $2,492,021 $1,697,921 $794,100
2016 $30,490 $2,443,158 $1,664,628 $778,530
2015 $30,298 $2,406,460 $1,639,624 $766,836
2014 $29,632 $2,359,321 $1,607,506 $751,815
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21016464

California Regional Multiple Listing Service (CRMLS)

APN: 473-033-24