NOT LISTED FOR SALE

Estimated Value: $8,679,000 - $21,335,532

6 Beds
6.5 Baths
5,989 Sq Ft
$2,183/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $15,554,000 $2,597 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $83,649/month

563 Days on Market

Highlights

  • White Water Ocean Views
  • Wine Cellar
  • Spa
  • El Morro Elementary School Rated A+
  • Gated with Attendant
  • Primary Bedroom Suite

About This Home

As of October 2018

EMERALD BAY OCEANFRONT. One of the finest Emerald Bay homes, prominently positioned directly overlooking the Private Beach with breaking surf. The views are spectacular, coastal Laguna all the way to Dana Point. With the perfect orientation making for morning sun on the balconies and sparkling city light viewing at night. The formal entry is incredible with a two story floor to ceiling view window and a huge retractable skylight. This is a turn key home with sensible and useable living spaces. The elevator services all three levels. There is a terrific family room with wet bar and a very private spa on the bluff. Gourmet kitchen. Six bedrooms, six and one-half baths. One bedroom has it's own private entrance, perfect for a maid's quarters or live-in. Of course, Emerald Bay offers a private beach, 24 hour guarded access, tennis courts, swim complex, children's play area and wonderful setting in North Laguna Beach

Last Agent to Sell the Property

Roderic Daley

Coldwell Banker Realty License #00456990 Listed on: 03/01/2017

Coldwell Banker Realty

Last Buyer's Agent

Hanz Radlein

Compass License #01954778

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $172,809

Year Built

  • Built in 1993

Lot Details

  • 10,332 Sq Ft Lot
  • Cul-De-Sac

HOA Fees

  • $683 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors

Property Views

  • White Water Ocean
  • Coastline
  • Bay
  • Panoramic
  • City Lights
  • Bluff

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Spanish Tile Roof
  • Fire Retardant Roof
  • Copper Plumbing

Interior Spaces

  • 5,989 Sq Ft Home
  • Wet Bar
  • Dual Staircase
  • Cathedral Ceiling
  • Recessed Lighting
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Separate Family Room
  • Living Room with Fireplace
  • Living Room Balcony
  • Dining Room with Fireplace
  • Laundry Room

Kitchen

  • Dumbwaiter
  • Walk-In Pantry
  • Double Oven
  • Built-In Range
  • Range Hood
  • Warming Drawer
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • Heated Floor in Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Spa
  • Deck
  • Stone Porch or Patio
  • Rain Gutters

Schools

  • El Morro Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Radiant Heating System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 1104
  • Assessor Parcel Number 05304032

Community Details

Overview

  • Emerald Bay Association, Phone Number (949) 494-8571

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$172,809

Year Built

Built in 1993

Lot Details

0

HOA Fees

$683 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Gated Community, Gated with Guard
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Architectural Style: Custom Built, Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05304032
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5989.00 Square Feet
  • Interior Amenities: 2 Staircases, Cathedral Ceiling(s), Copper Plumbing Full, Dumbwaiter, Elevator, Living Room Balcony, Pantry, Recessed Lighting, Stone Counters, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Eating Area: Dining Room
  • Fireplace Features: Dining Room, Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2597.09
  • Room Type: Entry, Family Room, Formal Entry, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Master Bedroom, Master Suite, Separate Family Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Association, Private
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Heated Floor, Separate Tub And Shower
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Bay, City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Deck, Stone
  • Pool Features: Association
  • Pool Private: No
  • Roof: Fire Retardant, Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Range Hood, Refrigerator, Warming Drawer
  • Heating Type: Radiant
  • Laundry Features: Individual Room, Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Playground, Tennis Court(s), Sport Court, Recreation Room, Dues Paid Annually, Pets Permitted, Controlled Access
  • Association Fee: 8200.00
  • Association Fee Frequency: Annually
  • Association Name: Emerald Bay
  • Phone: 9494948571
  • Senior Community: No
  • Community Features: Curbs, Gutters

Schools

  • Elementary School: El Morro
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: ELMOR
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Bluff, Cul-De-Sac, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10332.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 6
  • Tax Tract Number: 1104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
Oct 9, 2018
Sold by
Slavik James D and Slavik Glenys N
Bought by
170 Emerald Bay L L C
Seller's Agent
Roderic Daley
Coldwell Banker Realty
Buyer's Agent
Hanz Radlein
Compass
List Price
$19,800,000
Sold Price
$15,554,000
Premium/Discount to List
-$4,246,000
-21.44%
Current Estimated Value
$13,073,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,480,489
Avg. Annual Appreciation
-2.44%

Purchase Details

Listed on
Sep 12, 2012
Closed on
Oct 8, 2013
Sold by
Murthy Nagaraj P and Murthy Nirmala
Bought by
Slavik James D and Slavik Glenys N
Seller's Agent
Harold Noriega
Compass
Buyer's Agent
Roderic Daley
Coldwell Banker Realty
List Price
$17,895,000
Sold Price
$15,500,000
Premium/Discount to List
-$2,395,000
-13.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.07%
Original Mortgage
$10,000,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 19, 2004
Sold by
Murthy Nagaraj and Murthy Nirmala
Bought by
Murthy Nagaraj P and Murthy Nirmala

Purchase Details

Closed on
Mar 5, 1996
Sold by
Ressler Barron E
Bought by
Murthy Nagaraj and Murthy Nirmala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
8.25%
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
170 Emerald Bay L L C $15,554,000 First American Title Co
Slavik James D -- Fidelity National Title
Murthy Nagaraj P -- --
Murthy Nagaraj -- Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Slavik James D $10,000,000
Previous Owner Murthy Nagaraj $2,000,000
Closed Murthy Nagaraj $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2018 10/15/18 Sold $15,554,000 -15.9% $2,597 / Sq Ft
09/15/2018 09/15/18 Pending -- -- --
03/11/2018 03/11/18 Price Changed $18,500,000 -6.6% $3,089 / Sq Ft
03/01/2017 03/01/17 For Sale $19,800,000 +27.7% $3,306 / Sq Ft
10/17/2013 10/17/13 Sold $15,500,000 -8.8% $2,583 / Sq Ft View Prior Sale
09/05/2013 09/05/13 Pending -- -- --
08/26/2013 08/26/13 Price Changed $16,995,000 -5.0% $2,833 / Sq Ft
09/12/2012 09/12/12 For Sale $17,895,000 -- $2,983 / 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 $172,809 $17,350,781 $14,874,119 $2,476,662
2024 $172,809 $17,010,570 $14,582,470 $2,428,100
2023 $168,849 $16,677,030 $14,296,539 $2,380,491
2022 $165,682 $16,350,030 $14,016,215 $2,333,815
2021 $162,508 $16,029,442 $13,741,388 $2,288,054
2020 $160,833 $15,865,080 $13,600,487 $2,264,593
2019 $158,075 $15,554,000 $13,333,810 $2,220,190
2018 $169,744 $16,699,238 $14,448,346 $2,250,892
2017 $166,418 $16,371,802 $14,165,045 $2,206,757
2016 $163,290 $16,050,787 $13,887,299 $2,163,488
2015 $160,877 $15,809,690 $13,678,699 $2,130,991
2014 $157,826 $15,500,000 $13,410,752 $2,089,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG17041472

California Regional Multiple Listing Service (CRMLS)

APN: 053-040-32