$19,500,000
SOLD APR 29, 2019
9 Beds
15 Baths
16,243 Sq Ft
0.84 Acres

Recently Sold

$1,201 Per Sq Ft

17% Below List Price

100 Days on Market

Highlights

  • Ocean View
  • Horses Allowed On Property
  • Home Theater
  • Detached Guest House
  • Wine Cellar
  • Newly Remodeled

About This Home

As of April 2019

Secluded behind gates in an unrivaled Lower Mandeville Canyon setting, this Napa Valley-inspired Modern Farmhouse boasts a refined yet rustic ambiance upon an inimitable 36,000 plus square foot lot. By way of rich stone, reclaimed wood and marble features throughout, the captivating architectural seamlessly fuses contemporary details with the home's surrounding natural splendor, offering treetop and distant ocean vistas and a far-reaching equestrian-suited yard. Beyond the eight-bedroom main residence lies a covered loggia that leads out to the property's pool, spa, cabana and 924 square foot guest home, all of which are surrounded by verdant and manicured landscaping. Replete with a wine cellar, gym, elevator, media room, caterer's kitchen and spa bathroom inclusive of a dual vanity, massage room, sauna and steam room, this Philip Vertoch-designed home is the embodiment of a palatially pastoral retreat.

Last Agent to Sell the Property

Jennifer Pinckert Tierney

Compass License #01202037 Listed on: 12/05/2018

Compass

Co-Listed By

Kale Mendeleyev

Compass License #01959654

Last Buyer's Agent

Drew Fenton

Carolwood Estates License #01317962

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $256,924

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.84 Acre Lot
  • Gated Home
  • Property is zoned LARE20

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 16,243 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Built-In Features
  • Bar
  • Two Way Fireplace
  • Gas Fireplace
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 8 Fireplaces
  • Home Theater
  • Home Office
  • Sauna
  • Home Gym
  • Alarm System
  • Basement

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • Direct Access Garage
  • Attached Carport
  • Porte-Cochere
  • Side by Side Parking
  • Garage Door Opener
  • Gated Parking
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Pool Cover

Outdoor Features

  • Covered patio or porch
  • Fire Pit
  • Outdoor Grill

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Additional Features

  • Horses Allowed On Property
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4426-002-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$256,924

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Farm House
  • Street Number Display: Yes
  • Living Area: 16243
  • Planned Urban Dev: 0
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2018
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Fireplace Rooms: Dining, Family Room, Fire Pit, Gas, Guest House, Living Room, Master Bedroom, Patio, Two Way
  • Flooring: Carpet, Hardwood, Marble, Stone, Tile
  • Bedrooms: 9
  • Fireplaces: 8
  • Full Bathroom: 2
  • Half Bathroom: 3
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 10
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Laundry Closet Stacked, On Upper Level, Room
  • Maids Room: 1
  • Total Bathrooms: 15.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Gas Dryer Hookup, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1446.47

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: Heated, In Ground, Pool Cover, Private, Salt/Saline
  • Pool: Yes
  • Spa: Heated, In Ground, Private
  • Spa Yn: Yes
  • View: Ocean, Peek-A-Boo, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Carport Attached, Direct Entrance, Door Opener, Garage - 3 Car, Garage Is Attached, Gated, Parking for Guests, Porte-Cochere, Side By Side

Utilities

  • Cooling: Central, Multi/Zone
  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Horses: Yes
  • Assessor Parcel Number: 4426-002-014
  • Geocode Override: No
  • Lot Size Area: 36685

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2024
Sold by
Awoc Trust and Dinh Jennifer Ashworth
Bought by
Godmother Usa I Llc
Current Estimated Value
$19,472,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,750,000
Outstanding Balance
$22,562,223
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
-$3,090,108

Purchase Details

Listed on
Dec 5, 2018
Closed on
Apr 15, 2019
Sold by
Walbridge Trust
Bought by
The Awoc Trust
Seller's Agent
Jennifer Pinckert Tierney
Compass
Buyer's Agent
Drew Fenton
Carolwood Estates
List Price
$23,495,000
Sold Price
$19,500,000
Premium/Discount to List
-$3,995,000
-17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.02%
Original Mortgage
$11,500,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 22, 2019
Sold by
Walbridge Stephen M and The Walbridge Trust
Bought by
Walbridge Stephen M and The Walbridge Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,500,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 20, 2015
Closed on
Nov 20, 2015
Sold by
Gregora Peter J and Feldstein Hydee R
Bought by
Walbridge Stephen M and The Walbridge Trust
Seller's Agent
rande bronster
Coldwell Banker Realty
Buyer's Agent
Jennifer Pinckert Tierney
Compass
List Price
$10,795,000
Sold Price
$6,270,625
Premium/Discount to List
-$4,524,375
-41.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.64%
Original Mortgage
$3,762,375
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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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 Type Sale Price Title Company
Grant Deed $32,500,000 First American Title
Grant Deed $19,500,000 Chicago Title Company
Interfamily Deed Transfer -- Ticor Title
Grant Deed $6,271,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $22,750,000 New Conventional
Previous Owner $0 Credit Line Revolving
Previous Owner $9,500,000 New Conventional
Previous Owner $11,500,000 Adjustable Rate Mortgage/ARM
Previous Owner $3,100,000 Construction
Previous Owner $10,450,000 New Conventional
Previous Owner $8,500,000 Construction
Previous Owner $3,762,375 Adjustable Rate Mortgage/ARM
Previous Owner $630,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2019 04/29/19 Sold $19,500,000 -17.0% $1,201 / Sq Ft
03/15/2019 03/15/19 For Sale $23,495,000 +20.5% $1,446 / Sq Ft
03/13/2019 03/13/19 Off Market $19,500,000 -- --
12/05/2018 12/05/18 For Sale $23,495,000 0.0% $1,446 / Sq Ft
02/10/2016 02/10/16 Rented $9,500 0.0% --
01/12/2016 01/12/16 Sold $6,270,625 0.0% $1,534 / Sq Ft
01/12/2016 01/12/16 For Rent $12,000 0.0% --
09/30/2015 09/30/15 Price Changed $7,995,000 -5.9% $1,956 / Sq Ft
07/09/2015 07/09/15 Price Changed $8,495,000 -13.3% $2,079 / Sq Ft
06/12/2015 06/12/15 Price Changed $9,795,000 -9.3% $2,397 / Sq Ft
04/20/2015 04/20/15 For Sale $10,795,000 -- $2,641 / Sq Ft
Source: The MLS

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 $256,924 $21,326,096 $12,795,658 $8,530,438
2023 $251,850 $20,907,938 $12,544,763 $8,363,175
2022 $239,978 $20,497,980 $12,298,788 $8,199,192
2021 $237,159 $20,096,060 $12,057,636 $8,038,424
2020 $239,683 $19,890,000 $11,934,000 $7,956,000
2019 $153,634 $6,654,834 $6,654,834 $0
2018 $78,409 $6,524,348 $4,703,648 $1,820,700
2016 $24,136 $1,998,740 $1,550,675 $448,065
2015 $23,782 $1,968,718 $1,527,383 $441,335
2014 $23,864 $1,930,154 $1,497,464 $432,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-412724

The MLS

APN: 4426-002-014